Tax Credit Audit
Are you entitled to tax credits ?
Do you have any children ?
Are your earnings below £ 58,175 ?
Are you considering a large capital equipment purchase ?
Have you recently incorporated or are you thinking about it ?
Have your business profits fallen or are you expecting them to fall ?
Are you paying a pension contribution ?
If you have answered yes to any of the above then YOU NEED TO READ ON
As a result of the "global credit crunch" we are finding that many small businesses are struggling in terms of cash flow and profitability and are missing out on vital tax breaks and tax credits !
Why make a claims if you won't get any tax credits ?
When you make a claim for tax credits any payments you are entitled to can only be backdated by a maximum of three months. However by claiming early, that is before you think you might be able to get and tax credits, any future award can be maximized.
Are you expecting your income to fall ?
If you are expecting your income to fall you should make a tax credit claim at the start of the tax year (6th April 2009) to ensure your claim is protected for the whole tax year.
The above highlights how sensitive to time tax credits are therefore it is imperative that you don not miss out on any tax credits that you may be entitled to. Don't delay in contacting us to make your tax credit claim for you – it is best to claim as soon as possible so that you get all the money you are entitled to.