"We’ve been working with Marshall Smalley for several years now and have been very impressed with the service. They are always very helpful and able to answer any questions we have. Thanks!"
Director. Electrical Contractor Company, Malton.
We Keep on Top of Your Specific Industry’s Tax Legislation,
so You Don’t Have To.
Whilst we provide affordable accountancy services across all industries, certain sectors require a little more attention when it comes to dotting the regulatory dots and crossing the legislative t’s.
Ever-evolving complex controls relate to certain sectors. Your business may need to file additional accounts documentation or pay your taxation in a different manner than you expected.
Matching your dedicated, chartered accountant with the specialism your sector demands, means that you navigate any additional regulatory requirements with ease. You’ll enjoy the utmost peace of mind when it comes to any changing legislation – We keep pace, so you have fewer hurdles to jump.
Construction & Trades.
Complex legislation applies to the construction sector and its associated trades, whether you are a construction company, a sub-contractor working with that organisation or a self-employed tradesman.
Depending on your individual circumstances, your business may need to register and pay your tax through the HMRC Construction Industry Scheme, CIS.
Unfortunately, you’ll need to wait until year-end before you can recover any tax overpayments, but we can help with the timely completion of your CIS return. We’ll prepare your accounts well in advance, so you don’t have to wait any longer than necessary for reimbursement - it’s better in your account than HMRCs.
You only earn when you are ‘on the tools’, so let us do the head-scratching paperwork, making sure we capitalise on all tax-saving available, filing your accounts asap and helping to ensure your legal compliance.
Landlords & Property Investors.
The HMRC investigations team are particularly focused on property investors, developers and landlords with undisclosed incomes and landlord tax; applying substantial fines for intentional or unintentional offenders.
Due to each investor's unique position, it's best to take a tailored approach to your accounting partnership. This ensures that your property business accounting declares all income, whether that’s one buy-to-let or a portfolio of rental accommodation.
Like the majority of landlords, property might not be your only job – making it vital to seek advice from a trusted accountancy firm, specialising in property tax and portfolio planning.
We’ll take the strain when it comes to your account’s declarations, calculating any Capital Gains Tax due, minimising your investor income tax and keeping you compliant at all times. We can even support your exit strategy when you choose to capitalise on your investment.
Dental Practitioners.
As an associate, sole trader, partner or if you are part of a dental franchise, efficient, specialist tax and accounting advice will allow you to spend less time on your books, and more time on patient care.
As specialists, we understand the nuances of the dental industry; how contracts work with healthcare providers, such as Bupa or dental corporates, like My Dentist. We’ll ensure that your lab fees, levies, and superannuation are presented appropriately to ensure you receive all of the tax relief benefits that you’re entitled to.
Maximising your profitability depends on your practice's objectives, so with that in mind, our bespoke approach helps us take the best route for your unique circumstances.
You might be thinking about transferring your practice to company status to drive tax efficiencies, seeking independent tax planning advice relating to practice succession, partnership changes, or the sale of your dental business.
Charities & Social Enterprises.
You’d be forgiven for thinking that all charities would be exempt from paying corporation or income tax, but in some circumstances, they remain liable; most commonly this concerns non-charitable expenditure.
Although not all charities have to be registered with the Charities Commission, accounts should be prepared for compliance - particularly important if your not-for-profit functions officially as a business for VAT purposes.
Providing accurate, appropriate and timely taxation advice, our third-sector accountancy experts undertake a specialist review of your accounts, and if you have a gross income over £25,000 per annum, an Independent Examiners Report for incorporated charities.
We’ll help you remain compliant with the UK Charities Act and the Charities Commission when it comes to designated funding and ensure that you’re reclaiming tax relief on donations, including Gift Aid. We’ll support you, so you can support others.
FAQs
Whether you have questions about your specific industry or perhaps the right type of accountancy software for your business – we are here to help.
You might find the answer you are looking for quickly and easily in our FAQs section >>
If you need something a little more specific, just drop us a line, call for a chat, or meet with us at our Gedling office.
We are always here, and always happy to help.