PAYE and National Insurance
PAYE and National Insurance Nobody wants to spend more time on the complexities of pay as you earn tax and National Insurance contributions than they need to, at Quantic Accountancy our specialist PAYE and NIC service is here to help you spend more time building your business. As part of our broader payroll service, we can help you by calculating PAYE and NIC accurately, organising PAYE and NIC payments on your behalf, issuing P45 and P60 forms as required, filing your RTI returns with HMRC and creating at-a-glance reports so you know exactly how much tax, National Insurance and Employers’…
VAT Planning
VAT Planning VAT planning can help you limit overpayments and save money. At Quantic Accountancy our VAT specialists can offer you a wealth of advice on creating the best plan for your business. They can also help to ensure you are claiming back all the VAT you’re entitled to, only paying the minimum VAT to HMRC and claiming VAT back as soon as possible whilst only paying it out at the very end of the allowed period. In addition to this, your business could save even more money and reduce admin if you join a special VAT scheme. These include;…
Estate Planning
Estate Planning Many people lose a large proportion of their estate to the taxman every year because of poor planning. Estate planning, drawing up a Will or setting up lasting Power of Attorney is the best way to ensure that your assets are passed on to the correct people. At Quantic Accountancy our estate advisors can help you by drawing up a new Will or reviewing/amending an existing one, explaining why a Lasting Power of Attorney is so important and drawing up an effective one for you, transferring property without incurring large tax liabilities and utilising a variety of means…
Corporation Tax
Corporation Tax At Quantic Accountancy our experienced tax accountants can help you to map out a tax strategy and find new ways to extract profit from your business more efficiently. Working alongside our accountants will help you to benefit from tax reliefs that are relevant to your business, build the most efficient tax structure, look into tax opportunities within your sector, investigate your eligibility for research and development tax credits and time business transactions to limit your tax exposure. Another key area of tax planning is profit extraction, most businesses that rely on dividends and salary payments often don’t realise…
Inheritance Tax
Inheritance Tax Dealing with Inheritance Tax can be a somewhat tricky task, our team of experts can help you every step of the way to make the process much easier for you. There are a number of things we can do in order to help you plan ahead. Offer advice on a tax effective Will in order to ensure your estate is distributed as intended and make use of relevant tax exemptions. Take advantage of inheritance tax exemptions such as; lifetime transfers, gifts to charities and transfers between spouses. We can help you to pay less tax on your home,…
Capital Gains Tax
Capital Gains Tax At Quantic Accountancy we can help you to dispose of assets that have gained value over time in the most tax efficient way. Our experts will make sure you take advantage of relevant tax reliefs, whether it’s transferring assets to a spouse or deferring Capital Gains tax with gift holdover and rollover relief claims. Alongside this there are a number of tax reliefs that may be applicable to you, such as entrepreneur’s relief, lettings relief and principal private resident relief. Once you have carried out the disposal, we will calculate the gain or loss and prepare the…
Personal Income Tax
Personal Income Tax In order to invest your money, you must first plan ahead. At Quantic Accountancy we can help you to navigate the complex rules and regulations surrounding tax to reduce your tax liabilities both now and in the future. To lower your exposure to Income Tax and National Insurance you can create an individual earnings plan, reduce Capital Gains and Inheritance Tax by carrying out an assets disposal or form a trust to distribute your wealth, are just a few things we can offer advice on at Quantic Accountancy. Alongside this, there are a number of tax reliefs…