Of course, you’re not just a business owner – you’re an individual in the eyes of the government as well. That means you need to be able to manage your own personal tax affairs, alongside those of your business. But when your affairs are as tightly entwined as they are, it can be difficult to know what to do. That’s where we come in. At Berkshire Accountants Limited, we work with you to navigate the minefield that is personal tax affairs. Our experts will help you to structure your tax affairs in the most efficient way possible, letting you know about all the available tax relief options, completing your self-assessment tax returns and even filing them for you at Companies House, freeing up time for you to run your business.
Whether you’re self-employed, a director or just have some other income source, you will need to declare that income. Your paper based personal tax returns will need to be filed by the 31st of October each year, or online by the 31st of January. And if you’re proactive, you can plan and manage your affairs to ensure efficient and low-cost tax returns. At Berkshire Accountants, we provide personal tax advice to individuals, as well as our business clients, to help you take maximum advantage of all available tax planning opportunities.
A few of the personal tax issues you might come up against as business owner include:
- Income tax
- Capital Gains tax
- Tax disputes
- Tax relief filing and claiming
- Foreign Income tax
- Inheritance tax
Our specialist tax team can help you with all of these issues, and more besides. We can offer friendly, impartial advice to help you understand the options available and plan the best course of action for you. This way, you can take maximum advantage of the benefits available to you while staying within the bounds of the law.
To find out more about our personal tax services, just get in touch with the team today for a free, no obligation consultation.