Incorporation of accountancy practice

I hope tax returns season is going well. Mine is it could be a lot better.

I incorporated my practice on 1/04/2011. I am not experienced on this area of incorporating from a sole trader.

I would be grateful for advice on what I need to do to ensure I am being tax efficient.What steps do I need to take?

The response can be broad, I can read up on the detail.

I did a search on this but could not find a baby steps guide.

I am looking for advice not criticisms on my lack of knowledge and experience.

Thanks

 

 

Comments
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ireallyshouldknowthisbut |

Do you have 2020 tax tips and

colacct |

Colacct

FirstTab |
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Do whatever you like - its your money

taxhound |
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taxhound

FirstTab |
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I'm not being funny...

George Attazder |
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let loose to practice on fee-paying clients?

FirstTab |
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and here I was

taxhound |
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no

FirstTab |
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Apologies but....

Fidodido |

R&D Tax Credits

George Attazder |
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Calm down

bigdave1971 |

Big meal out of nothing

FirstTab |
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bigdave1971

FirstTab |
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Have no wish to be rude or cause upset

taxhound |
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Apologies if I've upset your sensibilities...

George Attazder |
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You and others have caused upset

FirstTab |
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missed the point

Fidodido |

Fidodido

FirstTab |
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be a bit more specific

Red Leader |
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Red Leader

FirstTab |
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You have posted spoof questions before

taxhound |
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taxhound

FirstTab |
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You are all very naughty accountants

petersaxton |
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Peter

George Attazder |
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george

petersaxton |
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I think the main issue here is not lack of knowledge

BKD |
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Here's some advice

petersaxton |
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And now for a serious answer

taxhound |
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Don't get me started on "some"!

petersaxton |
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Hang on, this was a serious

ireallyshouldknowthisbut |

TaxCafe

petersaxton |
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Give him a break

chatman |

hasn't he?

petersaxton |
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No, not malicious

andy.partridge |
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@Peter

chatman |

I bet you know the answer, too!

petersaxton |
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Not saxton again!

FirstTab |
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Dates

BKD |
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@FirstTab

ShirleyM |
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Meet my "staff"; she's my expert

petersaxton |
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Mr/Ms Expert: what is goodwill?

petersaxton |
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Goodwill

FirstTab |
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Have been reading the tread and ........

Ding Dong |
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Ding Dong

FirstTab |
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Ding Dong

petersaxton |
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Fair enough -

Ding Dong |
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All I want ed

FirstTab |
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Training courses

petersaxton |
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Worry abour me and my clients! What nonsense!

FirstTab |
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