Do you know what this year’s corporation tax bill will be, or will you find out the week it is due?

The accounts arrive, the deadline is close, and the amount is far higher than expected.

Now the money set aside for a hire, van or larger premises has to cover tax instead.

How a quiet accountant turns tax into a last-minute bill

1. Sales keep growing
2. Books stay behind
3. Nobody estimates tax
4. Tax figure lands
5. Payment date nears
6. Growth plans get cut

The bill is only the end of the chain.

The real cost starts when decisions are made without the tax already allowed for. Cash meant for growth is suddenly spoken for.

If your accountant only files, the important business questions stay unanswered

If your accountant only files and cannot estimate this year’s tax, you have the wrong accountant.

• What will this year’s corporation tax bill be?
• What will the next hire really cost?
• Can the business afford larger premises?
• How much cash is safe to spend?
• Should the next purchase happen before year end?

That makes everything downstream harder.

The better route starts with the tax figure before it lands

The answer comes from current books, with the reasoning explained before the decision.

Corporation tax is estimated during the year, then reviewed as sales, costs and plans change.

1. £tax due this year
2. Set money aside
3. Cost the next hire
4. Check the premises
5. Commit with tax covered

The business can keep building without spending money already owed.

What changes during the first ninety days together?

The work begins with the tax position, then keeps every decision tied to current books.

1. Before day one

   The gaps are found

   Crosby reviews the last accounts, current books and anything outstanding with HMRC or Companies House.

2. Day 30

   The books catch up

   Bookkeeping, VAT, payroll and CIS are brought to the same current point.

3. Day 60

   The tax takes shape

   The corporation tax estimate is reviewed against trading and the plans still ahead.

4. Day 90

   Decisions have a cost

   The next hire, purchase or premises can be checked before the owner commits.

The free growth review comes first, before any decision

Crosby reviews the last accounts, checks the current books and estimates the corporation tax position for the year ahead.

The first question is simple: what should the business know now?

Whether the relationship continues or not, Crosby gives an honest view of the tax position and what needs attention.

Egbenn limits the number of clients it takes on, so every owner keeps a direct line to Crosby.

Who gets the most from year-round tax planning?

The best fit is an established owner-run company that is growing and wants advice before committing money.

What changes when the tax bill stops being a surprise?

• Tax estimated during the year
• Money set aside early
• Growth costs checked first
• Crosby answers the call

Egbenn keeps the books current and gives the owner an opinion before money is committed.

Think your accountant should be telling you this?