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TAX ADVICE AND BUSINESS PLANNING IN TONBRIDGE

CHOOSING YOUR BUSINESS STRUCTURE

Limited Or Sole Trader?

If you're setting up in business or have an existing business and are considering becoming limited, M N Jenks & Co Ltd in Tonbridge can offer help and advice on being a sole trader (self-employed) or a limited company (whether limited by shares or limited by guarantee). We can advise you on the following business structures:

  • Sole trader

  • Partnership

  • Limited Company

  • Limited liability partnership

  • Co-operative 

Contact M N Jenks & Co Ltd in Tonbridge, Kent for more details.

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BUSINESS STRUCTURE PLANNING

Experienced Business Planning Advice

Apart from a self-assessment tax return, there is usually minimal paperwork if you are a sole trader, compared to a limited company. However, a limited company can be more tax efficient, because instead of income tax, corporation tax is paid, plus there are different tax-deductible costs and allowances.

 

Naturally, you'll probably need advice about what's best for you, and the pros and cons of either business type, so get in touch with M N Jenks & Co Ltd in Tonbridge, Kent and we'll provide you with all the advice you need.

TAX SUPPORT

Business Tax And Capital Gains Tax

When you sell or transfer business assets such as land, buildings, fixtures and fittings, and make a profit, you may be charged Capital Gains Tax. However, At M N Jenks & Co Ltd, we can explain which assets are tax free, thereby saving you from making unnecessary payments. We can also help you work out your gain to see what tax you need to pay.

Contact M N Jenks & Co Ltd in Tonbridge, Kent for expert advice on capital gains tax, plus personal tax and other accounting services.

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DO YOU NEED BUSINESS PLANNING ADVICE?

Get in touch with M N Jenks & Co Ltd in Tonbridge, Kent for tax advice and support with your business plan.