Tax Planning & Compliance in Manchester
Nobody should pay more tax than they need to, and nobody should be up at midnight on 31 January either. We provide year-round tax planning and full compliance for owner-managed businesses, landlords and individuals across Greater Manchester: allowances and reliefs claimed properly, returns filed on time, and HMRC handled on your behalf.
What’s included.
One service covering both sides of your tax affairs: the planning that happens before the year end, and the returns and filings that follow it.
- Self-assessment tax returns for sole traders, landlords, company directors and individuals, prepared, checked and filed on time.
- Corporation tax computations and returns for limited companies, aligned with your year-end accounts.
- A planning review before the tax year ends, while there is still time to act on it.
- Advice on how to take money out of your company, weighing salary, dividends and pension contributions.
- Rental accounts and tax returns for landlords, including jointly owned and mortgaged property.
- Capital gains tax calculations and reporting when you sell a property, shares or a business.
- HMRC correspondence, compliance checks and enquiries handled on your behalf.
- Deadline reminders through the year, so nothing arrives as a surprise.
How it works.
It starts with a conversation, not a form. George reviews your latest return and accounts, tells you plainly whether anything looks wrong or missing, and agrees a fixed fee before any work starts.
Through the year your records live in Xero or QuickBooks, so the numbers behind any planning decision are current rather than a year old. Before the tax year ends on 5 April we look at what can sensibly be done: the timing of income and spending, pension contributions, and what has already been taken in salary and dividends.
After the year end we prepare and file the returns, tell you exactly what to pay and when, and deal with HMRC if they ask questions. If you want the thinking behind it, our guide to tax planning strategies for SMEs covers the ground we walk through with most business clients.
Tax planning for landlords
Letting property raises tax questions that catch people out: whether to hold property personally or through a company, how relief for mortgage interest works, how jointly owned property is taxed between spouses, and what a sale will trigger. We prepare rental accounts and returns for landlords across Worsley and Monton and the wider city, and we plan ahead of decisions rather than reporting after them.
Making Tax Digital for Income Tax is also changing how landlords report rental income, moving from one annual return to digital records and quarterly updates. The income thresholds and start dates are phased and have moved more than once, so we check your position against the current guidance on gov.uk rather than quoting figures here. Our guide to Making Tax Digital for Income Tax explains what is changing and who it affects.
Who it’s for.
Sole traders and the self-employed who want their return done properly and their payments on account explained. Owner-managed limited companies, where the director’s personal tax and the company’s tax need planning together. Partnerships and LLPs, where profit allocation adds a layer of its own.
Landlords, from a single buy-to-let to a portfolio. And subcontractors in the construction industry, where CIS deductions usually mean a repayment to claim through the return; our payroll and CIS service covers the contractor side as well.
Most of our clients are within a short drive of our office in Eccles or across Salford and MediaCityUK, though George also meets clients on Teams wherever they are.
Why choose Isaacs & Co?
You’ll work directly with George Isaacs, a fully qualified ACCA and ATT accountant based in Eccles, backed by Affinity Associates, a UK Top 50 firm with over 60 years of experience. Fixed fees are agreed before any work starts, and George comes to you anywhere in Greater Manchester, or meets you on Teams. The firm is Registered with the Association of Taxation Technicians for the purposes of Anti-Money Laundering legislation.
Common questions.
Can you guarantee to cut my tax bill?
No, and you should be wary of anyone who says they can. What we can do is make sure every allowance and relief you are entitled to is actually claimed, that income is taken in a sensible way, and that decisions are made before deadlines rather than after them. For many people who have never had planning advice there is something to find, but it is never a promise.
Do I need to file a self-assessment tax return?
You need to file if HMRC has told you to, or if you have income that is not taxed before you receive it, such as self-employment income, rent, dividends or a capital gain. Our guide to who needs to file a self-assessment tax return runs through the triggers, and if you are still unsure we will tell you either way in a free consultation.
What does tax planning cost?
A fixed fee, agreed before any work starts and based on what your affairs involve. There are no hourly surprises, and the initial consultation is free.
I’m a landlord with one rental property. Is an accountant worth it?
Often, yes. A single let still means rental accounts, the right treatment of mortgage interest and repairs, and a self-assessment return each year, and the rules on reporting and on selling a rental property are easy to get wrong. We will tell you honestly if your affairs are simple enough to handle yourself.
What should I do if HMRC opens an enquiry or sends a compliance check letter?
Send it to us before you reply. We deal with HMRC on your behalf, work out what they are actually asking for, and respond with the right information first time. Most checks close quickly when the records are in order. Our guide to HMRC compliance checks explains what to expect.
Related guides.
Ready to get started?
Book a free 30 minute consultation with George. No obligation and no pressure, just straightforward advice on what your business needs. Prefer to start in writing? Send us a message through the contact page and we will reply within one working day.