Steve Pipe outlines how one practitioner earned an extra £6000 a month providing tax credits services to existing clients.
Lower interest rates, falling profits, less overtime and even redundancy are all taking their toll on clients’ family income. The inevitable consequence of this is that many more people than ever before are now in a position where they could make tax credit claims, and most would welcome the extra cash. Sadly, research suggests that historically over 97% of accountants are hiding behind their engagement letters and are not helping clients in this area. However, there are some who are rising to the tax credit challenge and are boosting their practice profits as a result.
Case study: How to earn an extra £6000 a month