Part salary & dividends will be what make up the majority of your taxable income. We work with directors at all levels. From managing directors to shareholders and executives.

We support all types of freelances / sole traders and side hustles. From locum doctors to copy writers! We are on hand to guide you through the process and explain to you your tax obligations. If we see a more tax efficient route for your income we will be sure to let you know.

We will reclaim tax credits on any HMRC backed investments. VCT (Venture Capital Trusts) EIS (enterprise Investment schemes) and SEED investments to name a few. You could be missing out on tax credits. Some schemes pay up to 50% in tax credits.

For every £2 earned over £100k you lose £1 of your tax-free personal allowance. If you are paid a bonus annually or have vesting employee shares perhaps this is pushing you over the limit and you may find yourself with underpaid taxes. CJC are experienced in dealing with higher earners and can best advise on tax code changes, underpaid taxes and advise on tax efficiency. We can help you understand your taxes and save you money in the future.

Buy to lets or furnished holiday lets? Both have different profitably structures. Did you know interest is no longer tax deductible from long term lets? We cover all areas of investment property. We are best equipped to provide you with strategies to reduce your tax bill. Especially if you are a higher rate taxpayer.

If you trade shares or crypto you will need to let HMRC know of any gains or losses, even if they are below the current annual exempt amount. If you have sold your investment property you need to file a real time gain to HMRC within 60 days from completion. This means there is no time to wait until tax year end. We will make sure your gains are recorded accurately and timely to HMRC. As registered HMRC income tax agents, CJC can handle the process for you after a couple of simple steps.

There are lots of great employee share incentives out there. SAYE, CSOP, SIPS, EMI & RUS’s to name a few. CJC Accountancy are experienced with them all. We understand these can be complex topics to understand. Especially when a company buy out occurs. Let us make clear to you your tax obligations. Some shares given to you will create a taxable benefit that needs to be declared in addition with your gross taxable income via self-assessment. Avoid getting caught out by the tax man and speak with us today.

We love dealing with all construction workers. You lot are withheld tax at source and because your employer doesn’t count in your expenses such as mileage, tools or membership fees. Your tax free personal allowance is also not accounted for and usually you are left with tax credits available to you at the end of the tax year. CJC recover overpaid taxes straight to your bank account. We can take our fee from your tax credit, which means nothing for you to pay until you receive your tax credit back from HMRC. Contact us in April and don’t forget your CIS certificates.

Pension payments are usually taken gross before taxes. Which means you are already getting tax relief on your contributions. However, If you make a one-off payment into a registered scheme outside of your normal contributions we can make the necessary declaration on your self assessment tax return to get you the tax credits.

Making tax digital (MTD) for income tax is scheduled for April 2024. CJC are registered HMRC tax agents & certified accountants. We can link up with cloud accounting software providers. So you can rest assured we are ready for MTD when it comes.

As a UK tax resident you are liable to declare your worldwide income and gains. Unless your unmerited income is £2k or less. We are experienced in dealing with remittance basis claims for non-dom’s and Foreign Income Tax Credits. We will discuss the options and potential implications that are available to you.

If you own UK property but are an overseas tax resident, you need to let HMRC know about your property income and make the required declarations to remain compliant. If your profits exceed UK tax free allowances, tax is generally withheld at source on property. If you are UK domiciled or from the EEA we can claim the tax credits back for you.