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Building a better business with Tax Agility

Man on rocket illustrationTax Agility are chartered accountants with a difference. As well as offering an accounting service where we can manage your accounts, tax returns and book keeping, we also provide assistance regarding better business growth. Ultimately, we want your business to succeed and we can work with you to give you the tools and techniques you need to develop.

A better business for you

Our better business advice can give you the helping hand you need to ensure that you remain successful in the ever-changing world of business. Working with us gives you the tips and support you need to push your business to the next level, whether that be starting to think about your online business development or thinking of ways to market your business to a larger audience.

As a business owner, there are a number of different things you should think about when attempting to draw more customers to your door.

Having a website is crucial, but if it doesn’t contain all the information that any prospective client needs, you may find that it doesn’t help you to attract many clients. As a small business accounting firm ourselves, we know what it’s like to start off small, and we also know how beneficial a good website can be. Based on our own experiences, we can offer you the support and advice you need to develop a useful and strong website for your business.

Social media is equally important. Having a good social media presence can help you reach out to more potential customers than your website can do alone. Using social media is a good way of advertising your business and it works best if you use it regularly. Posting daily on platforms such as Instagram, Facebook, LinkedIn and Twitter (depending on what best suits your business) can really help you to get your brand out there.

Tax Agility can help you to create a digital strategy that works for you and your business. Setting out a plan can give you more structure and can allow you to take advantage of the tools that are available. A digital marketing strategy can also help to identify who your target audience is and who your competitors are. This knowledge can support you in making informed posts on social media that will hopefully attract the customers you need.

Accountancy services for your business

As well as giving you the support and advice you need to better your business, Tax Agility can also provide you with all the accountancy services your business needs. Some of our services include:

  • Completing and filing tax returns on your behalf
  • Managing your bookkeeping and general accounts
  • Advising you on future investments and pension plans
  • Dealing with your payroll
  • Helping you with corporate tax planning
  • Providing VAT services

Our aim is to give you the best accountancy service to help your business thrive and expand. Coupled with our better business advice, we can offer you unique and bespoke services that can elevate your business and help you to be successful.

For more information on how Tax Agility can help you with making your business better, call us today on 020 8108 0090.

Should you make the move to contracting?

From experiencing financial benefits to having a more flexible working day, setting up as an independent contractor could be the best decision for you. However, before you make the move, here are some things you should consider:

  • What skills do I have?

Setting up as a contractor means that you will be relying predominantly on the skills you’ve built up over the years. A current and comprehensive CV, which includes all your strengths and specialist skills as a contractor, is key to marketing yourself to potential clients and to being successful.

  • What rates will I charge?

Contractors are in high demand, putting you in a good position to charge high rates for your services. In order to determine your rates, you should do some research around what others in your industry are charging and think about how much your own services are worth.

  • Should I join an umbrella company or set up a limited company?

Before becoming a contractor, you will need to think about how you’re going to manage your business: will you set up under an umbrella company or will you set up your own limited company?

There are many pros and cons to each method and it’s important that you spend some time choosing between the two. Tax Agility can give you the advice you need to work out if an umbrella company or a limited company is the best fit for you.

  • Choose an accountant that’s right for you

Owning a business, and running it successfully, requires a good understanding of finances and taxes. While it is fairly straightforward to handle the day-to-day bookkeeping, you may need some professional assistance when it comes to the intricacies of tax administration.

Tax Agility can help you to manage your accounts efficiently and we’ll deal with all the necessary tax responsibilities that apply to you as business owner. By taking on a majority of your accountancy needs, we are able to ensure that you’ll spend less time focusing on tedious paperwork and more time on running your business successfully.

How can Tax Agility help?

Tax Agility offer expert accounting services for contractors. We can complete a range of tasks for you, from filing your self-assessment tax return on your behalf to advising you on pension plans and potential future investments. Working with us can also save you money, as we’ll help you to minimise your tax liabilities by creating strategic tax plans.

For more information on how Tax Agility can help you to set up as an independent contractor, call us today on 020 8108 0090.

A personal tax service just for you

Tax Agility’s personal tax service is just that, personal. We provide a comprehensive service that is tailored to each individual and their specific tax situation.

Completing tax returns can often be challenging, stressful and time-consuming. We aim to alleviate this burden by managing the entire process for you, from beginning to end.

Our personal tax service starts with us assessing your finances in order to complete the necessary computations and to help you limit your tax liabilities. We then fill out the tax return and submit it directly to HMRC on your behalf. All this saves you time and money, and keeps your life stress-free.

As well as offering our services to individuals throughout London, we also cover three main areas in particular: Richmond, Putney and Wimbledon. These three areas have the added benefit of a local Tax Agility office where you can meet with one of our personal tax professionals directly.

Do I need to fill out a personal tax return?

Individuals who have a complicated financial situation are required to file a full personal tax return. In addition to this, a personal tax return is mandatory

  • If you are self-employed, a contractor, or in a partnership business
  • If you are a director of a limited company
  • If you receive income from any land or property that you own, for example in the form of rent
  • If you receive an income from overseas
  • If you receive any gross income (income that has not had tax deducted from it)

Do you see your current tax situation above? If so, then you should be aware that a personal tax return is required from you every tax year. However, hiring Tax Agility to help with these tax matters can really make a difference. We can take on the responsibility of ensuring that your personal tax returns are completed and submitted in time, leaving you with more time to concentrate on the other important things in your life.

What do Tax Agility’s personal tax return services include?

Our personal tax return service is tailored to your specific financial needs. We can work with you to establish what you require from this tax service, thereby allowing us to implement a service with you in mind.

Our personal tax return services include:

  • Preparing your personal tax return and file it on your behalf
  • Taking a closer look at your finances to find ways in which you can save money by limiting your tax liabilities
  • Offering you advice on pension plans or potential investments
  • Helping you with disputing settlement negotiations and revenue investigations
  • A fast, friendly and functional service

Speak to tax Agility today

For more information on how Tax Agility can help you with your personal tax return, call us today on 020 8780 2349 and we can arrange a free consultation.

Alternatively, if you’re a resident of Richmond, Putney or Wimbledon, you can come to our Tax Agility office where our tax professionals will be happy to help you.