A progressive, South West based accountancy practice

What would you do with the extra?

A client drew cash from her business thinking that it was taxable income. However, Brad was able to show her that, in the absence of a dividend voucher, the cash was in fact not subject to tax, as it was a repayment of her loan to the company. He also set off her losses this year against last year which saved another £922.40.

Attention to detail like this enables our clients to minimise their tax bills within the law!!

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