Every business wants to grow, become more profitable and maximise tax efficiency.
At Dickson Middleton in Stirling and Bonnybridge, our accountancy and tax advisor team takes an integrated approach to your tax arrangements, including completing your tax returns, calculating liabilities and filing your returns to required deadlines.
Filing your returns correctly and on time is only part of your tax picture. We’ll also look at other aspects, including your eligibility for tax reliefs and allowances and by working in this way, we’ll help you to maximise tax efficiency.
For example, if you are operating as a sole trader, partnership or limited liability partnership, we can explore whether the tax benefits of incorporating as a limited liability company make this the right option for you. We can also look at the most tax-efficient approaches to remuneration for yourself or other members of your team.
If you want to expand your business, or buy new equipment to help move your enterprise forward, we can advise you on how you can make investment work for you by taking advantage of the tax relief provided by the Annual Investment Allowance and capital allowances.
And if your business is involved in science and technology, you may be eligible for valuable research and development tax credits – worth 225 per cent of qualifying expenditure for SMEs – that can put money back into your business and make a real difference to its financial health.
By working with our tax advisors, your tax planning will become an integral part of planning work to support your performance improvement and business growth.
Because your business and personal finances are closely linked, we can also advise and assist with personal tax compliance and planning, including income tax, capital gains tax and inheritance tax planning, including the use of trusts.
For more information about Dickson Middleton’s accountancy, tax advice and business support services in Stirling and Bonnybridge, please contact us.