Consultants

• Preparation of annual accounts for consultants including advice on all aspects of allowable expenditure.
• Advice on allowable private practice expenditure for consultants, e.g. spouse's salary, motor expenses and employer sponsored pension plan.
• Preparation and submission of the annual self-assessment return and agreeing of liabilities with the Inland Revenue.
• Maximising tax relief for consultants on the business use of your car.
• Early estimates of tax liabilities to enable cash planning thereby avoiding unhappy surprises.
• Advice on the optimum time to purchase capital equipment to maximise available tax reliefs.
• Appropriate charges for Medico legal work/consultations.
• Advice on maximum pension contributions.
• Recommendations on the most cash flow advantageous accounting year end.
• Advice on the National Insurance implications of being employed and self-employed.
• Advice for consultants on the accounting records required by the self-assessment regime.
• Advice on employer benefits-in-kind received, e.g. lease car, mileage payments and relocation expenses.
• Advice on earnings relevant to the 10% private practice rule.
• Payroll services for domestic help, e.g. Nanny.
• Advice on available 'Tax Credits' for consultants.