clients

We recently conducted a strategy session with a client who was feeling overwhelmed, anxious, and uncertain about his financial situation. He already had substantial liabilities from previous self-assessments, which were under HMRC payment plans.

Although he had also arranged a payment plan for his VAT, he had fallen behind on the last two quarters’ VAT payments. On top of that, he faced an impending £30,000 corporation tax bill, with no clear idea of how to manage his finances.

Another business owner came to us with concerns about lack of tax efficiency and poor financial visibility under their previous accountant and bookkeeper. They suspected that they weren’t benefiting from all available tax reliefs but felt left in the dark about their financial position.

As part of our onboarding process, we conducted a three-stage review to determine whether a full restatement of accounts was necessary. During this assessment, we uncovered: