Hawthorne tax consultancy

Hemel Hempstead Businesses Accountancy Services

Hemel Hempstead Businesses Accountancy Services

At Hawthorne Consultancy, we understand that every business is different and that your aims may change as time progresses and your business grows. Therefore, we do not provide a one-size-fits-all solution, instead favouring a more dynamic client-focused approach. Based in Hemel Hempstead, we work with clients throughout the UK, providing all the business accountancy services your business needs to thrive.

We will work with you to help your business grow and provide a dynamic business tax planning strategy to minimise your exposure at every stage. From business tax returns to limited company tax planning, and tax planning for independent contractors, we offer bespoke, affordable business accountancy services in Hemel Hempstead, Milton Keynes, and Watford.

Business Tax Returns and Business Tax Planning in Hemel Hempstead

Every UK company is subject to corporation tax currently at 19% on its profits, there are even some situations where non-UK companies may have to pay corporation tax on their profits. 

Your company will have to report how much tax is due in its business tax return, due twelve months following the end of your accounting period. These figures in this return must be supported by a set of accounts and tax computation. There are penalties and interest for late filing of the returns and payment of the tax, it is vital therefore that the reporting deadlines are met.

We offer accountancy services for:

  • Business tax returns
  • Sole trader tax returns
  • Limited company tax returns

 

We are able to support you by not only completing your business tax return but also completing the supporting accounts and tax computations. If you need to file your business tax return in Hemel Hempstead, Milton Keynes, Watford, or the surrounding area, then please don’t hesitate to get in touch.

 

Hemel Hempstead Accountancy Services for Start-ups

Taking your first steps into the business world is scary, especially if this is your first time, which is why it’s important to find a good business accountant for start-ups who will not only do your accounts and tax filing, but also support you throughout the entire process. 

At Hawthorne Consultancy we can advise on the most tax-efficient route for you and your start-up business, allowing you to maximise your cash flow in those initial years. As your business grows, so can be by providing proactive advice regarding aspects such as VAT, company incorporation, and remuneration planning. 

If you have a start-up in Milton Keynes, Watford, Hemel Hempstead, or the surrounding area and want to discuss our accountancy services for start-ups, then don’t hesitate to get in touch and we can help your start-up succeed. 

Remuneration Planning in Hemel Hempstead

Earning the fees is only half the worry, the other is how to extract those funds in the most tax efficient manner for your business. Every business needs a well-structured remuneration package to ensure that tax advantages are not being overlooked. Historically, business owners have taken a mix of small salaries and dividends to reduce their tax and NIC obligations. However, doing this year on year can cause other cash extraction strategies to be ignored.

We can help you achieve a tax-efficient strategy whilst remaining compliant with the current tax legislation. Don’t hesitate to get in touch with our team of business accountants to discuss remuneration planning for your business in the Hemel Hempstead and Watford areas.

 

Business Structuring in Hemel Hempstead

Choosing the right business structure is important as it will not only have a direct impact on the amount of tax you pay, but also the professional fees related to the various different bits of compliance needed. 

Business structuring is not limited to start-ups. Over the years we have helped a wide variety of clients in and around Hemel Hempstead to structure their businesses in the most tax-efficient manner. From adding holding companies into a group structure to creating special purpose vehicles to dispose of company assets, or even the company itself.

Property Tax for Businesses in Hemel Hempstead

Given the recent changes to UK property taxes and HMRC’s newfound interest in UK resident landlords, it is more important than ever for landlords and property investors to ensure that they are operating in the most tax-efficient manner. There are a variety of ways in which a property can be brought and/or held, from individual landlords to companies and trusts. Each has its own unique tax treatment and planning opportunities, and it is vital that the proper advice is sought.

At Hawthorne Consultancy we can provide you with all the information and assistance needed to let your investments work for you.

If you have any questions or queries regarding our business accountancy services in Hemel Hempstead, Milton Keynes, and Watford, from business tax returns to business tax planning, tax planning for partnerships, and tax planning for independents.