I need some high level Tax / Accounting advice + Tax Credit
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Post a project like this2892
£70(approx. $87)
- Posted:
- Proposals: 5
- Remote
- #1126977
- Completed
Description
Experience Level: Intermediate
Kind of support: Tax, Other
Accounting software: Xero
Description of support work: General information for the business: Online platform
Industry: Technology
Kind of support: Tax
Accounting software: Xero
Description of support work: We launched our startup 6 months ago and each put in an amount of money as a loan which we then repaid ourselves to live off. We are now at the stage where we [the directors] need to draw a salary from the money we raised from investors. I am not sure what the best way to do it is to minimise our NIC tax bill [i.e. backdate..etc] and need someone to talk me through how to structure it. I am a qualified accountant (ICAEW, ACA) but have not dealt with this before. I am using Xero PAYE, I would need someone who has experience with XERO and Paye.
In addition, we spent quite a bit of money developing a platform and are looking to claim tax credit. I have some high level questions about the scheme that I would answered such as possibility of moving accounting date, backdating costs which fell just outside of our accounting period
You are not liable whatsoever for any advice that you may give me. This should not take up much time if you have done this before.
Extra notes:
Accounting software: Xero
Description of support work: General information for the business: Online platform
Industry: Technology
Kind of support: Tax
Accounting software: Xero
Description of support work: We launched our startup 6 months ago and each put in an amount of money as a loan which we then repaid ourselves to live off. We are now at the stage where we [the directors] need to draw a salary from the money we raised from investors. I am not sure what the best way to do it is to minimise our NIC tax bill [i.e. backdate..etc] and need someone to talk me through how to structure it. I am a qualified accountant (ICAEW, ACA) but have not dealt with this before. I am using Xero PAYE, I would need someone who has experience with XERO and Paye.
In addition, we spent quite a bit of money developing a platform and are looking to claim tax credit. I have some high level questions about the scheme that I would answered such as possibility of moving accounting date, backdating costs which fell just outside of our accounting period
You are not liable whatsoever for any advice that you may give me. This should not take up much time if you have done this before.
Extra notes:
Duncan E.
100% (8)Projects Completed
13
Freelancers worked with
11
Projects awarded
60%
Last project
22 Dec 2017
United Kingdom
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