A progressive, South West based accountancy practice


Keeping the wolves from your door

Steve helped a client to negotiate an affordable payment plan for their tax debts. This allows the business to protect 25 jobs and invest in their future.

If you are struggling with debts, we may be able to help you buy some time to implement a recovery plan. We can help you identify your options, and introduce you to the licensed practitioners you need to keep the wolves from your door.

Everything’s taken care of …

Having relocated to the South West, a couple needed a local accountant who could provide an overview of their finances and help them maintain their lifestyle. We were thrilled that they came to us!

If you’d like an overview, or just want to know that “everything’s taken care of”, we can give that assurance.


Property transfer

We have acted for a long time for a family who own the premises from which their business trades. Last year, Steve advised them to transfer the property from the older generation to the younger one to better reflect the reality of their trading arrangements, and the provisions of the older persons’ wills. The result is a tax refund for the father of £701.38 and annual savings of over £1,500 in future.

Share schemes

Andy noticed that the earnings a client was making from his pension nearly brought him into the higher rate band, however, due to his wife’s lower income Andy discussed changing their share scheme so she would take the larger portion of shares. (81 – 19)

This allowed the couple to withdraw a higher income by way of dividends from the company and make an approximate tax saving of £1,750 as a couple. And this is likely to repeat every year. Result!

Music lovers?

If you enjoy music, but don’t enjoy being put on hold by HMRC and listening to the interminably repetitive tune that is played out, let us take the strain for you. It hasn’t really sent us all mad here … well, maybe just a bit!

Enjoying the fruits of their labour

Dave and Shane have various projects which came to completion this year. Now, they want to extract some of the profits and enjoy them! Steve was able to show them how the careful planning put in place in previous years had saved them tax. Steve also took them through the slightly complicated profit allocation which maintains fairness between them and the outside investor.

Fighting HMRC – year 5!

A client has been subject to a tax enquiry that has gone nowhere over the five years since it was open. Steve explained how the enquiry could be closed down, and prepared a brief for the QC who will defend the client against recovery action taken by HMRC. The client left with peace of mind that he does not need to pay up simply because HMRC think the tax is due, and knowing that we can correct the misleading information provided to the judge at a recent Court Hearing.

Thinking outside the box

A client has lent funds to his family property company. Currently, he does not use all his personal allowance. Steve identified a way to save the company corporation tax without incurring a personal liability. £1,900 tax will be sheltered.

We help ex-clients too

Steve had a visit from a client whose company we helped to sell last winter. He was bemused by the tax being deducted from his various pensions. An afternoon’s work secured a refund of £3,300, which is being repaid tomorrow!

Making sure the plans work

Steve used one of our exciting apps to review a client’s business proposal last week. Donald and Teresa have worked very hard over the past five years without receiving their due reward. This year is their “make or break” year, and they changed their business model. Using their own figures, and in discussion with them, Steve was able to demonstrate, in real time, how their changes would deliver the income they wanted and more.

And on top of that, we are able to give them their own copy of the App, which means they can run more “what if?” scenarios at leisure! Never again will they have to guess whether their plans will give them the result they want!

A separate meeting saw Steve advise two siblings on the tax implications of plans being made to pass on the family farm. They walked away with a clear vision of what was fair, and what taxes might be involved. So pleased with the advice, one asked Steve to quote for his personal company accounts!