case study

At Chadwick Accountants, we pride ourselves on helping clients not only remain compliant but also unlock smarter ways of structuring their businesses to achieve real, tangible results. One recent client success story highlights how the right advice can transform the way directors manage their tax position — and generate long-term savings.

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:

A client initially engaged us for a straightforward Capital Gains Tax (CGT) calculation related to the sale of shares in their family business. After an initial consultation, we determined the potential tax liability they would face upon selling.

A prospective client approached us, frustrated with their current accountant and bookkeepers. They suspected that transactions weren’t being processed correctly and that categorisations were inaccurate.

As part of our onboarding process, we conducted a thorough historical transaction review to identify and correct any misclassifications. Our investigation revealed that rental payments had never been categorised correctly, resulting in missed VAT claims.