Corporation Tax Returns Optimisation for London Small Businesses

Online, August 29, 2013 (Newswire.com) - Optimising corporation tax returns is an essential element in any small business's success and path to growth. Accounts and Legal Consultants Ltd. London specialise in helping London small businesses with their corporation tax returns, by providing industry specific tax advice and offering a personalised tax returns service that makes the best use of tax deductions and allowances available for small businesses in the UK.

Minimising a company's corporation tax is the key to increasing profitability and generating long term growth for any company, and this is especially true for small businesses. Placing corporation tax optimisation at the center of their offering, Accounts and Legal Consultants Ltd. London are committed to delivering the best solutions for optimising corporation tax returns to their small and medium sized clients.

Specialising in accounting and tax advice for London estate agents, healthcare and hospitality small businesses, startups and professionals with entrepreneurial aspirations, Accounts and Legal Ltd. have put together a dynamic team of chartered accountants, tax advisors and business managers that focuses on offering valuable and specific tax advice for these niches and helping London-based small businesses prepare for growth.

By employing dedicated tax consultants, with an industry specific expertise, small businesses can expect an entirely different level of technical guidance and advice on corporation tax than might be expected from your standard accountant. Accounts and Legal have designed their tax services in a way that provides the best tax advice to each and every business they work with, taking into consideration a business owner's personal circumstances, income sources, business structure and investment objectives.

Equally important for optimising small business corporation tax returns is making the most of all tax exemptions, allowances and deductions available for tax returns calculations. A series of tax reliefs specific to small businesses have been created in the UK in recent years. This is why choosing to work with tax consultants that have experience in preparing tax returns and offering tax advice to small businesses proves to be invaluable. Thoroughly tracking and including in the corporation tax calculations all the tax deductible expenses a small business can make use of, such as Personal Incidental Expenses (PIEs), business mileage, expenses related to the use of the home as an office and equipment purchases, reductions in corporation tax returns can be significant, up to 10% in some cases.

With UK tax allowances and rates changing every year, Accounts and Legal Consultants London understand the importance of keeping their small and medium sized clients up to date with the latest changes in tax returns rules and legislation and are continuously searching for new ways in which a client might benefit from tax exemptions and deductions. Accounts and Legal tax advisory extends beyond corporation tax returns, but covers shareholders and employee taxation as well. For a more detailed presentation of the different tax returns optimisations covered by the Accounts and Legal expertise, please see this Tax Planning guide.