8 Ways We Can Help

8 ways accountants can help

In our strive to help as many local businesses as we can we have dedicated ourselves and our staff to providing 8 ways that we can provide free advice to Liverpool and Wirral based companies. In our quest to add value to our customers we believe that below are 8 of the most worrying and important factors that we day-to-day proactively help our clients with:

  1. Profits: As a business profit isn’t just a word it’s a must. Whereas most accountant’s favourite word will be ‘CUTS’ we have dedicated ourselves to the word ‘GROW’. How can we help you grow your profit not cut your costs!
  2. Cash flow: Plan, manage, raise and collect. We can help with every stage of cash flow. As the life blood of a company is there anything more important to be well informed about?
  3. Personal income: We help our clients to focus on increasing what they take home after tax.
  4. Other tax bills: No company wants to pay taxes and we will help you find ways to reduce your tax bill. If big companies like Starbucks can get away with not paying a penny why should you pay a penny more than you have to?
  5. Business value: Most accountant companies only care about the books we care about how and where you want to grow your business and can provide advice to suit.
  6. Personal wealth: Retire when you want and in the style you want. Financial planning is essential to personal wealth. Why not start today!
  7. Work-life balance: Lots of little things can add up to one very big stressful thing. We consider good accounting to be lots of little things done well. Bookkeeping, pay roll and financial planning can easily become a business owner’s worst nightmare. Having a good accountant means less stress and more time with your family. Let us help.
  8. Improving the financial situation of key family members: Often we work for our families, once all the hard work is done don’t let a lack of financial knowledge erode the help you provide to your family be it education funding or transferring wealth. We have years of experience that could save your family a lot of time and money.

Our friendly staff would love to help you with any of our top 8 factors. So call today for a free, friendly no obligation chat and find out how we can help you.

£5,000 Tax Fee Pay For Liverpool Business Owners. Good news or Bad?

George Osbuorne tax changes

Liverpool Accountants Andrew Keates Explain How To Make The Most Out Of George Osborne’s July Budget Announcements. Few businesses know the pain of small business taxes as well as we do. We have been working with small businesses across Liverpool for over a decade and know from experience that far too often tax changes are bad changes!

But July’s budget announcement came with a small sweetener for any micro-business owner that is sick of hearing the latest way for their profit margins to be squeezed. From April 2016 the government will scrap its current dividend tax credit and will replace it with a new tax-free dividend allowance of £5,000 a year.

However as good as this sounds for micro businesses, it may not be good for larger businesses. These changes will inevitably lead to small UK businesses paying 7bn more a year in taxes. Because with this tax break also comes a tax rate increase, only the 1st £5,000 a year will be tax-free! At the moment small business owners have the option of paying themselves dividend income at 30.6% tax rate. From next year this will increase to 38%. But capital gains tax is currently 28% and will not change next year! This places enormous pressure on Liverpool businesses to sell up and to benefit from the capital gains tax.

So can you make this tax change work in your favour and make sure that you keep more of your hard earned cash and give less away to the government? Well as top Liverpool Accountants of course we have the answer and we are happy to help, it’s important to know there isn’t one simple solution as no one businesses is the same so to get the answer that is right for your business call us on 0151 277 5353 for a now obligation chat with one of our tax advisors.