“Ascendis have transformed the way the financial information is used within our business. We now make far more informed decisions based on the latest most relevant financial information. Ascendis also think out of the box and have saved us tens of thousands of pounds by helping us to manage our accounts and tax affairs much more efficiently.”
We can assist Owner Managed Businesses & Directors where:
We can assist entrepreneurs with:
Ascendis Tax & Wealth LLP concentrates its business activities within the High Net Worth market, one of the most dynamic and rapidly growing sectors.
Our client base includes very successful business owners and entrepreneurs, senior corporate executives, barristers, surgeons, Doctors/Dentists and professional sportsmen/women.
Most of our clients are referred to us either by our existing clients or through our expanding network of introducers.
If you are seeking a new adviser and would like a personal reference, our clients are happy to provide references as to our capability and services.
We can assist property developers / purchasers with:
We can assist sportsmen/women with:
We can assist individuals:
Working in association with partners, we have various business structures which will enable Contractors to fully optimise both their personal and business taxation affairs.
• Operating through a Limited Company.
Please look at our separate business:- Ascendis Contractor Solutions Ltd
• Options for Self-Employment or Employment which enables contractors and employee’s to take home around 83% of their income.
The tax implications of taking a director’s loan.
HMRC introduced provisions a number of years ago which targeted company directors who took loans from their personal companies. Prior to these provisions they could effectively avoid income tax and national insurance charges by paying themselves through loans or advances instead of taking dividends or salary.
National Insurance For The Self Employed - 2016/17 update – past, present and future.
National Insurance was first introduced in the UK in 1911 as a contribution to certain state benefits provided for illness and unemployment.
This was later expanded to include a contribution to the state pension and the National Health Service. These funds collected were traditionally ring-fenced for the above services only, however governments in more recent times have borrowed from this fund and as such there is no longer a clear distinction.
With the EU referendum later this week, the uncertainty as to what the future will hold for the UK economy seems to be increasing day by day.
Regardless of our individual views and, in fact, the result of the referendum on Thursday, for SME owners and managers, this is not a time to be distracted from keeping a close eye on your own businesses financial needs. Especially, should there may be a period of uncertainty or volatility, ensuring that your company has adequate, appropriate funding is imperative. This will give it the ability to navigate any challenges that may come its way.