Can You Benefit From the New Super-deduction Tax Relief?
You may have seen in the recent Budget announcement the introduction of a new super-deduction tax relief. This new…
Retail, manufacturing and distribution have one thing in common and that is they are becoming more complex when it comes to tax. However, our experience in business structures and tailored accounts preparation means you can rest assured that your business finances will be managed in the most efficient way.
We have a range of clients in the retail, manufacturing and distribution sectors, including high street shops, e-commerce companies and haulage firms.
The retail sector’s reliance on consumer confidence along with the shift in the use of technology towards online and e-market makes it a fast-moving sector. We understand these issues and that sales, stock, wastage and payroll, particularly for part-time workers, and the management of premises, are important considerations for owners of retail businesses. We provide tailored advice Identifying improvements to financial systems, minimising risk, costs and tax.
Having worked for many years with a wide range of manufacturing businesses, we recognise the high costs of investment associated with purchasing equipment and machinery. It Is our job to identify the solutions best suited to your business and manage any implications for your cash flow.
The distribution and logistics sector faces hard to predict challenges as climate change and Brexit begin to bed in. Our expertise can assist in adapting to Britain’s new relationship with the EU, while planning for the financial impact this may have on operations. Our combined tax and HR services can provide comprehensive view to staffing requirements and the use of agency drivers where HMRC is applying more scrutiny to self-employed workers and can often be misunderstood.
Our services include the following:
We are also able to provide pension advice along with Payroll and IT services.
Tax rates & allowances - Capital allowances
Plant and machinery allowances and the allowances available for other assets.
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Corporate and business tax - Capital allowances
The cost of purchasing capital equipment in a business is not a tax-deductible expense. However, tax relief is available on certain capital expenditure in the form of capital allowances
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Corporate and business tax - Research and development
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Employment issues and regulations - Agency workers regulations
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Why Greaves West & Ayre?
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It’s our passion
Everyone at GWA is passionate about providing Quality Advice and Quality Service. In return our clients recommend our services to family, friends and business contacts. Our team can feel proud, knowing that everyone plays a part our our client's success.
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We build partnerships
We take the time to get to know you. You’ll receive personal service from the partner matched to your individual needs, who will be your main point of contact throughout your relationship with GWA. It’s the way we have always built client relationships, often going back generations, based on trust, independence and expertise.
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We’re always developing
We invest in ongoing training for all our team and keep up to date with technological changes to ensure we meet client needs as the world we operate in changes.
You may have seen in the recent Budget announcement the introduction of a new super-deduction tax relief. This new…
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