Thursday 29 September 2011

Glazers Chartered Accountants, London: time for a change

At Glazers Chartered Accountants in London, we understand that nobody wants to pay more tax than they have to.
Tax planning can seem a complex issue, but our goal is to make it simple for the many private and business clients, including SMEs and owner-managed firms, of our accountancy firm in London.
Our commonsense approach to working with clients is that their investment in expert tax planning now can deliver valuable returns in the future, in the form of reduced tax bills.
As well-established and experienced chartered accountants in London, we understand that the personal and business finances of each client of our accountancy firm are unique. Our tax planning services are tailored to individual circumstances, based on practical and innovative advice to ensure that individuals and businesses mitigate their tax liabilities wherever possible.
As proactive, forward-thinking chartered accountants in London, we’re highlighting a few tax planning tips that you may find of interest but for detailed advice, the specialist team at our accountancy firm in London can provide all the services and support you need.



Annual tax allowances and reliefs: there are several basic tax reliefs that people may not be using in the most effective way. At Glazers Chartered Accountants, London, our tax planning team can advise how these can be employed to mitigate income tax, inheritance tax and capital gains tax.
Big events in your life: it’s always a good idea to think about tax planning when significant events in your life occur, such as marriage, the birth of a child, separation or divorce. Our accountancy firm in London can advise on being prepared where your tax affairs are concerned, to take advantage of personal Tax opportunities that may arise.
All in a day’s work: for self-employed people, a tax planning opportunity that is often overlooked is to claim tax relief on the additional expenses arising from working at home. At Glazers Chartered Accountants in London, we also have extensive experience in company formations for start-up businesses or more established businesses, as operating as a company can improve tax efficiency.
Paying its way?: if you run a company, tax planning can assist you in extracting profits in a more tax-efficient way. Glazers Chartered Accountants, London, can provide specialist advice on extracting profits using a combination of routes, including salary, bonuses, loans, benefits and expenses and dividends.

A n-ISA idea: there are various ways to usesavings and investments as part of tax planning: the ISA is one of the most straightforward. In the 2011-2012 tax year, you can invest £10,680 into a stocks and shares ISA or up to £5,340 in a cash ISA and the balance, up to the overall limit if £10,680, into a stocks and shares ISA and pay no tax on the income received.

And finally…where there’s a will: an up-to-date and professionally drafted will is a key tool in tax planning. Dying without a will can lead to unnecessary tax bills or people that you did not intend to inheriting your assets. As an accountant, London, we can advise on various ways of mitigating a potential estate inheritance tax liability.
To find out more, please contact Glazers Chartered Accountants, London

Telephone: 020 8458 7427
Email: quality@glazers.co.uk
Web: www.glazers.co.uk

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