Work with us to reduce your tax bill
Your tax plan is a journey that is constantly changing, as is the environment that affects it. Allow us to guide you on that journey.
We are so confident in our expertise and experience that we guarantee you at least double the yearly savings in tax, compared to our fee.
Have you ever had that nagging feeling that certain people are paying less tax than you, and that you’re not taking advantage of every tax-saving opportunity available to you?
The costs of poor financial planning, or the lack of it, are considerable. Two identical businesses, with the same cash flow each year and identical investment returns, can have dramatically different outcomes depending on how well they’re structured.
| Business A | Business B | |
|---|---|---|
| Cash flow | Same | Same |
| Investment returns | Same | Same |
| Structure | Not planned | Structured correctly |
| Return after 10 years | +280% |
Our process to reduce your tax bill
Seven steps, starting with a fee you agree up front.
Book a meeting- 1We agree on a fee
- 2We produce an outline of the savings that could be made by restructuring
- 3We work with you to fully understand your needs and your business
- 4We look at the business investment structure and its current performance
- 5We look at personal spending and saving solutions
- 6We create a plan, making sure you are fully aware of the costs and benefits
- 7We constantly review your tax plan, making sure it evolves with your business↻ Ongoing
The JLA tax planning process
The research
We help you divide your financial life into three categories: your personal finances, your business finances and your savings and investments. Each needs a completely different strategy and plan.
How much do you spend to live, and what do you like to spend your money on? We go through those numbers, which might include fantastic cars, expensive watches or holidays. Once we understand that, we look at the core costs, find out how much you actually need to spend, and restructure your personal finances to be as tax efficient as possible.
- 1What you spend to live
- 2What you actually need to spend
- 3Restructure for tax efficiency
We look at structuring the tax within your business. Some of your personal spending is a business deduction and should be claimed that way. We might also look at how you recognise revenue, because it significantly affects your profits.
Nothing aggressive. Just a simple, efficient, well thought-out restructuring.
- Business deductions
- Revenue recognition
- R&D tax credits
- Patent Box
- Pensions
You like to save or invest money in one way or another, and we help you find ways to make it go further. We can look at pensions, or potentially buying a residential property: something that works with what you want to do and your goals.
- Pensions
- Residential property
A client liked to put £40,000 a year into ISAs. To fund that, we had to give him significant post-tax income, which cost an enormous amount of tax. We advised a similar investment in a pension instead. He still puts money into the stock market as he wanted, but by structuring it differently we saved him over £40,000 in tax a year.
The formula
We systematically review your personal circumstances, so we understand what works for you. Then we produce your personal “formula”: your tax structure, personally, within your company and for your savings. If your circumstances or wishes change, we change the formula to keep your wealth growing.
We also monitor tax legislation changes and other external factors that can have a significant impact on your finances.
Planning with corporation tax at 25% isn’t the same as planning at 19%. We have plans to help you take more funds out pre-tax.
The communication
Good communication is paramount to long-term success. With it, we can make a real difference.
How we work →“We chose JLA because they are a solutions-based practice, which in itself is a rare thing. I have absolute confidence in their team to deliver timely and judicious advice.”
Book a meeting
Tell us a little about you and your business. We will contact you within 24 hours.