If you are setting up in business then you must give consideration to the tax burden that will fall due at the end of your accounting period. Unexpected tax payments can have a serious effect on a business’s cash flow and its ability to trade. We often hear from new clients that they are having trouble agreeing credit with their suppliers as they have defaulted on payment due to a large unexpected tax payment falling due.
Here at Ahmad & Nabi McMullan, we deal with all aspects of tax planning, whether it be for a business start-up, an established sole trader or multi-million pound turnover clients.
The areas we cover are: