We review your turnover, profit, Income Tax and National Insurance before comparing genuine planning opportunities and alternative business structures.
Enter your details and approximate annual profit. We'll assess whether your position merits a specialist review.
Your review includes:
Explore whether you could retain up to 20% more
Confidential specialist review
Chartered Accountants and specialist tax professionals involved where appropriate
Keep your existing accountant
Three months' free accountancy available if you choose to join
Your Self Assessment tax return confirms the result of decisions already made. Strategic sole-trader tax planning considers whether your allowable expenses, capital expenditure, pension planning and current business structure remain appropriate for the profit you now generate.
We review turnover, taxable profit, Income Tax, National Insurance, other personal income and future plans together. Where appropriate, we then compare your existing sole-trader position with credible alternative structures.
Our tax consultants and accountants work alongside specialist tax advisers and, where appropriate, independent tax barristers to examine the relevant legislation and identify compliant options suited to you and your business.
Not by assuming that every sole trader should form a limited company. By comparing the available options properly and establishing which structure produces the strongest overall outcome for you.
Two sole traders generating the same profit can have materially different tax positions. Allowable expenditure, capital investment, other income, pension contributions, timing and the chosen business structure can all affect the value ultimately retained.
Accurate accounts and tax returns are essential. However, completing a Self Assessment return does not automatically establish whether all relevant planning opportunities have been considered or whether sole-trader status remains the most suitable structure.
We review whether genuine business expenditure has been identified, correctly classified and supported, together with the treatment of equipment, vehicles and other capital purchases.
We examine how taxable profits, other income, personal circumstances, pension planning and the timing of business decisions affect your overall Income Tax and National Insurance position.
We compare remaining a sole trader with relevant alternatives, including a limited company where appropriate, taking account of taxation, access to profits, liability, administration and ongoing cost.
Effective sole-trader tax planning requires an understanding of both the business figures and the individual’s wider personal tax position.
Our accountants and tax specialists review your accounts, taxable profits, current tax position, cash requirements and commercial objectives together. Where an alternative structure is considered, we model all relevant company and personal tax consequences on an equivalent basis.
Where the legislation is complex, or a material point requires detailed legal analysis, we may work with an independent specialist tax barrister. That analysis may include the relevant legislation, case law and HMRC guidance before a recommendation is finalised.
Understand your turnover, allowable expenditure, taxable profit, Income Tax, National Insurance and wider personal tax position.
Compare the current sole-trader position with credible alternatives using transparent assumptions and realistic implementation costs.
Obtain focused legal analysis where the complexity or materiality of a proposed structure justifies independent specialist advice.
Complete the necessary registrations, accounting, tax, legal and administrative steps if you decide to change structure.
Free initial review. No obligation
Your engagements, position and personal objectives are considered together.
COMMERCIAL | TECHNICAL | PRACTICAL
The review begins with the interaction between your business profits and your personal Income Tax and National Insurance position.
A limited company is considered only where the figures, commercial position and personal objectives justify it.
Each option is compared using the same business profit, tax year, cash requirements and access-to-funds assumptions.
We explain whether anything should change, the potential financial effect, the trade-offs and what implementation would involve.
Tax efficiency is considered alongside liability, administration, privacy, cash flow, flexibility and the future direction of the business.
If a new structure is appropriate, the accounting, tax, legal, banking and administrative steps can be planned in the correct sequence.
Request a free, no-obligation specialist review.
This initial review is intended for UK-resident sole traders whose businesses generate substantial and sustainable annual profits.
As profits increase, Income Tax, National Insurance, pension planning, business investment and the choice of trading structure can have a material cumulative effect.
If your business has grown significantly since you began trading, the simple structure that worked at the outset may no longer produce the strongest outcome today.
You do not need to operate through a limited company or decide to incorporate before approaching us. The purpose of the review is to compare the options first. If remaining a sole trader is still the strongest position, we will tell you.
Your Free Initial Review
Find out whether better tax planning or an alternative business structure could help you retain more of the profit you already generate.
We review the information you provide.
A specialist contacts you to discuss your business and objectives.*
You decide whether you would like to proceed.