Corporation tax planning gives growing limited company owners the tax figure early. Decisions can then be made before year end.
Accounts filed in month nine can confirm a bill after your options have closed. Planning in month three gives time to act. Your personal tax can be worked out in autumn too.
Egbenn Accountancy provides corporation tax planning for owner-run limited companies across Hertfordshire and London. Company and personal tax are worked out before key decisions. A fixed monthly fee is agreed first, and Crosby takes every client call.
See the expected corporation tax while there is still time to discuss the year.
Review company and personal tax together before autumn decisions become January surprises.
Consider the next hire, van or premises alongside the tax already building up.
A late calculation can turn an ordinary business decision into an expensive guess.
“My accounts arrived in month nine, and the corporation tax was far higher than I had allowed for.”
The money had already gone into stock, wages or drawings. The payment then competed with normal business costs.
“I kept paying myself the usual way, then found out in January what it meant for my personal tax.”
The company and personal positions were considered too late. Autumn planning would have shown the position earlier.
“I offered the job before anyone checked the tax, payroll and cash already due from the company.”
The wage was only one part of the decision. The existing tax commitment reduced the room available.
What changes once tax advice arrives early
The corporation tax estimate becomes part of monthly decisions. Personal tax is discussed in autumn. Hiring and expansion are considered against money already committed elsewhere.
Answer three questions about what your current accountant can tell you this week.
Question 1 of 3
Could they tell you today what this year’s corporation tax bill is likely to be?
Could they explain how your current pay affects the personal tax due after the year?
Could they show whether the company can afford the next hire or bigger premises?
The gap is affecting decisions you are making now. The free growth review is the next sensible step.
Part of the work is already covered. Check the unanswered area before committing company money, as the construction proof shows.
Your current accountant is covering the decisions that matter. The tax guides can help you prepare better questions for the next review.
Both accountants can file the return. The difference is when the owner receives something useful.
The accounts are prepared after the year has ended.
The corporation tax calculation confirms what has already happened.
Personal tax is discussed close to its deadline.
The return is filed correctly, but earlier decisions stay unexamined.
Current bookkeeping supports an early tax estimate.
Possible changes are discussed before the year end.
The director’s personal tax is worked out in autumn.
Hiring, purchases and premises are considered with tax included.
Useful advice depends on information that reflects the business as it stands today.
Are the monthly books current?
Current books support an estimate based on what has actually happened.
Are all business bank accounts included?
Missing accounts can leave costs, income or transfers unexplained.
Is payroll recorded to the latest pay date?
Payroll changes both company costs and the director’s position.
Are VAT returns agreed to the bookkeeping?
The same transactions should support both calculations.
Are dividends recorded when they are paid?
The director’s personal tax depends on complete payment information.
Have major purchases been discussed before ordering?
Timing can affect the company position and available cash.
Is the next hire included in the plan?
The decision should include payroll costs and existing tax commitments.
Is money being set aside for tax?
A current estimate gives that monthly amount a proper basis.
Planning works when the monthly records, company return and director’s position are handled together.
Current transactions are used to estimate the company position while decisions remain open.
See if Egbenn fitsSalary, dividends and other relevant income are reviewed before the January rush.
See if Egbenn fitsHiring, purchases and premises are considered alongside tax and normal operating costs.
See if Egbenn fitsA construction owner needed more than filed accounts as the company grew.
Bookkeeping, VAT, payroll and CIS were kept current, with job costing built for every project.
The owner now runs the business from current numbers and sees which jobs make money before quoting again.
Regular calls turned the monthly reporting into decisions about jobs, costs and the next stage of growth.Clients described by type. Names withheld.
The work starts with what has happened, then moves quickly to what comes next.
Answer a few quick questions and receive a personalised recommendation.
Egbenn checks the records, previous accounts and anything outstanding with HMRC or Companies House.
The expected positions are reviewed before the remaining choices close.
The next hire, purchase or premises decision is considered against current company commitments.
Property side interests without a full-time trading business are outside Egbenn’s focus.
A business run alongside a full-time job should wait until it becomes the owner’s main income.
Pre-revenue projects and short-life contractor companies are unlikely to fit the service.
Egbenn will decline any request to declare income or expenses that are not real.
Answer a few quick questions for a personalised recommendation and, if there is a fit, the free growth review.
The monthly fee is agreed before any work starts. Its scope can include current bookkeeping, year-end accounts, corporation tax returns, forecasts and the director’s personal tax. Crosby confirms what is included after reviewing the company, its records and the decisions ahead.
Yes. Most suitable clients already have an accountant who prepares the annual return but offers little advice during the year. The free growth review can examine the latest accounts, current records and tax position. If there is a fit, Egbenn can manage the switch.
A software move is not automatic. Egbenn first checks whether the current system keeps the bookkeeping, VAT, payroll and company information properly connected. If a change would help, Crosby explains the reason and the handover before anything moves.
Egbenn writes to the outgoing accountant, requests professional clearance and collects the available records. Any catch-up work is identified before ongoing work begins. The service then moves onto one fixed monthly fee agreed in advance, with deadlines managed during the handover.
Current bookkeeping is reviewed to estimate the likely company position. Crosby then discusses decisions still open before year end, alongside the cash needed for tax and normal costs. The final return is prepared after year end using the completed records.
It should start while the year is still open and the records are current. Waiting for annual accounts can leave only a calculation of what already happened. Egbenn also works out the director’s personal tax in autumn, giving both positions a place in upcoming decisions.
Answer a few quick questions, get a personalised recommendation and, if there is a fit, arrange the review with Crosby.
See if Egbenn fitsSend Crosby the decision and deadline involved, and he can explain whether Egbenn is the right place to help.
Book a free growth reviewRead the guides to prepare better questions about company tax, personal tax and the next commitment.
Read the tax guides