Business & Tax Advisory Services
Accounting is more than just compliance; Approved Accounting can deliver valuable business and tax advice to unlock growth opportunities and contribute to the overall financial health of your business.
What are business advisory and tax services?
A lot of accounting is focussed on transactional tasks, like bookkeeping, which ensure compliance, reduce error, save time and provide financial visibility. Essential, of course, but where Approved Accounting can really add value in strategic thinking and planning.
Put simply, while everyday accounting keeps your business ticking over, our business advisory and tax services aim to improve business performance and fuel growth. These services allow us to provide strategic insights and practical advice to help you make better financial decisions and meet your targets.
When you work with us, tax compliance is a given. Where our team excels is in working with businesses to leverage their tax position. With our careful analysis and industry knowledge, we can identify ways to minimise tax liabilities, maximise profits and promote financial efficiency.
Our Business Advisory Services
At Approved Accounting, we take an integrated approach to business advisory, from financial management and operational efficiency to market dynamics and long-term strategic planning.
Innovative accounting system design
We specialise in designing, building, and maintaining accounting systems tailored to your business size, type, and reporting needs. Using the latest accounting technology like Xero, Quickbooks and FreeAgent, our systems provide real-time access to critical financial data to maintain cash flow and help you make informed financial decisions.
Strategic Business Planning
Whatever you envision for the future of your business, be that growth, diversification, or simply greater operational efficiency, we can support you with strategic business planning. Together, we can formulate smart, actionable strategies tailored to your goals to help bring your vision to life.
Insolvency and Business Recovery
If you encounter challenging times, our sister company, Approved Recovery, is here to offer professional and compassionate guidance. The team can provide practical support should it come to dissolving your business or help you steer it towards recovery.
Our Specialist Tax Advisory Services
Our expert team offers a full range of tax advice and services to ensure compliance, maximise tax efficiency and grow profits.
Strategic Tax Planning
Going one step further than core accounting services, our tax relief and tax planning services aim to make your business more efficient and profitable. We can help you stay ahead of the curve, mitigate the risk of non-compliance and reduce your tax liabilities where possible.
Personal Tax Advice
When it comes to your personal tax affairs, we can help you optimise your tax strategy to help grow your personal wealth. Whether you take a salary, dividends, or both, we can help you find the sweet spot in terms of Income Tax and Dividend Tax to keep your liabilities to a minimum.
Video Games Tax Relief (VGTR)
With Video Games Tax Relief, you can turn your creative potential into a valuable source of income for your company. We have extensive experience in VGTR and can help you claim up to 20% back on eligible video game development costs.
Business Tax Advice
Keeping up to date with corporate tax rules is time-consuming and unrealistic for many business leaders. Our team can keep you effortlessly updated on changes to UK tax law, including Capital Gains Tax, Corporation Tax, VAT and the Annual Investment Allowance. Not only will we keep you compliant, but we will also advise on optimising your overall tax position.
Our R&D Tax Claims Expertise
We work with businesses in a wide range of industries to help them take advantage of Research and Development tax credits. It’s a common misconception that R&D is just for scientific and tech research, but that’s not the case. We can help you identify qualifying R&D activities to unlock a valuable new income stream to invest in future projects.
Elevate Your Tax Strategy with Approved Accounting
Approved Accounting can do far more for your business than core accounting services like bookkeeping. Our strengths lie in strategic planning, which empowers our clients to innovate, operate more efficiently and achieve sustainable growth.
By choosing us, you are choosing a strategic business partner dedicated to your success. Our business advisory tax team is highly experienced and can provide you with the insight you need to make more effective financial decisions.