Common Questions
Frequently Asked Questions
I'm a Slough contractor through my Ltd company. IR35 position?
Depends on the client and working practices. Medium/large clients (including the corporate and data-centre firms on the M4 corridor) assess your status; small clients mean you self-assess. The tests are control, mutuality of obligation, substitution, financial risk and integration. For genuinely independent contractors with project-based work IR35 is usually outside. We review your contracts and document the assessment.
Do I need to be local to use you as my Slough accountant?
No, we work with Slough clients entirely online, by phone, email, video call and secure document exchange. You get the same depth of understanding and personal service without needing to visit an office. Most modern accountancy is handled remotely.
How should I take profit from my Slough Ltd company?
Most efficiently: salary at the NIC-optimal level (typically £12,570) plus dividends using the dividend allowance and basic-rate band, with employer pension contributions (tax-deductible, up to £60,000). We model the optimal split for your income each year.
My Slough tech business does development work. R&D tax credits?
Possibly. R&D for tax is seeking an advance in science or technology by resolving technical uncertainty, genuine software, cloud and technical product innovation can qualify. We assess your projects, identify qualifying costs, write the technical narrative and submit the claim if they qualify.
I run a diverse Slough town-centre shop or takeaway. How does VAT work?
For food businesses VAT is mixed, unprocessed/cold food zero-rated, hot takeaway and catering standard-rated. For general retail, most goods are standard-rated. We set up your till to capture the right rates and handle VAT registration and returns once you reach the £90,000 threshold.
Should I make pension contributions from my Slough company?
Usually yes, employer pension contributions to your SIPP are tax-deductible for the company, not taxable on you at receipt, and grow tax-free up to the £60,000 annual allowance. For owner-directors it's often the most efficient way to extract profit. We'll set it up.
I'm a Slough landlord. What can I claim against rental income?
Repairs and maintenance, letting agent fees, landlord insurance, ground rent and service charges if leasehold, gas and electrical safety certification, mortgage interest (with the Section 24 restriction), and Replacement of Domestic Items relief on furniture. We capture everything and file your self-assessment.
How do I get started?
Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Slough clients fully online and we're experienced with contractors, the trading-estate and tech firms, the diverse business community and the SL community.