Tax advice and planning

Tax planning and R&D

Tax planning is about achieving total tax efficiency – that is, paying no more tax than you are legally obliged to. Our expert tax planners will get to know your personal and business situation and make specific recommendations for how you can reduce your tax bill now and in the long-term.

There are quite a few variables to work with when it comes to managing your tax liability. For example, the structure of your business, the ownership of assets such as property and the timing and terms of their disposal. How you choose to extract profit from your business is an important one – the right balance of salary, dividends and pension contributions can make all the difference.

When we talk about long-term, we mean planning for your retirement and with the future of your estate in mind. It’s vital that you make the right decisions now to ensure a good quality of life later on and to avoid inheritance tax taking an unfair bite of your legacy before it can be passed on to your inheritors.

For businesses in particular, we have an increasing focus on research and development (R&D) tax credits. HMRC’s definition of R&D for tax purposes is broader than many people realise, with many more businesses eligible to claim. With forethought and the right analysis, we can make a case for your business to claim R&D relief potentially worth a significant amount.

Apart from extensive experience in tax planning, we’ve also invested heavily in up-to-date reference materials and monitor tax legislation, tax cases and HMRC’s internal manuals. That allows us to stay on top of the latest legal precedents and make sure you’re claiming every reasonable allowance. We also use specialist software to analyse your accounts for opportunities that might otherwise be missed.

Find out how we can take your business forward today.

We do things differently

Why choose Moffatts?

Clients find us and stay with us because they’re looking for a bit more from their accountant. It’s partly about personality – we get on with people and build genuine relationships. But we also deliver results. 

We believe in making life easier for all business owners.

We strive to improve your processes, systems and cashflow.

We offer the full range of accounting, tax and audit services.

Make the move today

If you’re ready to make a change and get the accountancy support your business or charity deserves, we’ve got some good news: it’s dead easy these days. Once you’ve made the call, you can leave most of it to us.

Make the call

We’ll talk, agree fees and services, and then you confirm you want to switch in writing. (Email is fine.)

Set us going

We’ll handle the paperwork and handover with your current accountant, quickly and efficiently.

Get onboard

From day one, you’ll feel the difference. From accounting systems to contacts, we’ll get you set up and sorted.