Business tax

We help a large variety of sole traders and businesses to maintain their accounting records for the purposes of making a valid tax return for the owner or partners.

There are various issues that need to be addressed regarding Business tax including overlap profits on the commencement of trading.  We can assist you with the preparation of your tax return and can also prepare your business' accounts that will be needed for making a valid tax return.

There are various tax incentives offered by the government to encourage the start up of new businesses, and we can advise you to ensure you minimise your tax liabilities as much as possible.  For example, many businesses will be able to benefit from 100% capital allowances on the purchase of Information technology equipment.  First year allowances at a rate of 40% will also be available on the purchase of qualifying assets used in the trade.