Frequently Asked Questions

The best option depends on the vehicle, how much it pollutes, and your personal driving habits. A traditional petrol or diesel car put through a limited company usually results in high personal tax charges. A fully electric car, however, is a great way to cut your tax bill — leasing it through your business lets you reclaim a portion of the VAT and use the lease costs to lower your company tax. We can look at the specific models you're considering to find the most cost-effective path.

Capital allowances give you tax relief on equipment you buy to run your business — computers, office furniture, specialised machinery, tools, and vehicles like vans. In some cases you can also claim for fixing up or altering a commercial building. We review your purchase receipts to make sure every piece of paperwork is correct so you don't miss out on savings.

You don't need a white lab coat to qualify for Research and Development tax credits. If your business spends time and money solving a technical problem or making a new process work, you might be eligible — for example, building custom software, creating physical prototypes, or finding unique ways to improve a service. Our team can study your project to see if you can safely claim this cash back from HMRC.

The UK government offers special share schemes that reward your team without triggering heavy tax bills. The most popular for growing companies is the Enterprise Management Incentive (EMI) scheme, which gives staff a real reason to help you grow while offering excellent tax benefits to both owner and worker. We handle the legal setup and compliance to get it running smoothly.

Selling a company involves several taxes, including Capital Gains Tax and Corporation Tax. The final bill depends on whether you sell the individual assets or the actual shares. Organising your paperwork early often lets you claim special reliefs that reduce your rate dramatically. We plan ahead to structure the sale properly so you keep the maximum amount of your wealth.

The VAT registration threshold stays at £90,000 for the 2026 tax year. You must register if your total taxable sales cross £90,000 during any rolling 12-month period — so you need to check your trailing sales at the end of every month, not just at your year-end. You also must register if you expect to top £90,000 in the next 30 days alone. If your customers are other VAT-registered businesses, you can also register early on purpose to reclaim the tax on your startup costs.

Your company tax rate is based on total annual profits. Businesses making under £50,000 pay 19%. Companies with profits over £250,000 pay the main rate of 25%. If your profit sits between £50,000 and £250,000, your rate moves along a sliding scale called marginal relief, where additional profits face an effective rate of up to 26.5%. We help you plan ahead to manage your profit thresholds efficiently.

You're required to register for the Construction Industry Scheme if you work in the building trade as a contractor or subcontractor. As a contractor, you must verify your workers with HMRC, take the right tax deductions from their pay, and submit monthly returns. We take care of all this routine admin so you never get hit with expensive late filing penalties.

Inheritance Tax is a tax on the money, property and belongings left behind when someone passes away. The standard tax-free limit is £325,000, with extra allowances available if you leave a home to your children. Any estate value over your total allowance is usually taxed at 40%. There are many legal ways to organise your assets early so your family is fully protected later on.

We don't use cookie-cutter pricing because every business has a different amount of paperwork to manage. Your monthly quote is built around the number of bank accounts you use, how many staff you employ, and the software support you need. We provide clear, fixed monthly costs so you always know what you're paying — and you'll never get a surprise bill for calling us with a quick question.

It's smart to bring in professional help right at the start so you pick the best structure for your new business. You should also hand things over if you're spending evenings or weekends stressed by payroll, complex VAT rules and lost receipts. A dedicated team lets you step away from the admin and focus entirely on building your brand, knowing your filings are safe.

Switching to us is incredibly straightforward and takes zero effort from your side — no awkward conversations needed. Once you give us the green light, you simply send your old firm a short email to let them know you're moving. We handle all the professional transition paperwork, collect your past tax records directly from them, and move your systems onto our modern digital tools without disruption.

Yes, absolutely. We don't use massive call centres or generic shared helpdesks. We match every business owner with a specific accountant here in Manchester. Whenever you email or call, you'll talk directly to a real person who knows your name, understands your business inside out, and manages your compliance files personally.