A Tax Diagnostic Review, Just Right for You

What is a Tax Diagnostic Review?

Until recently, there has been no universal system for, reviewing your overall affairs and motives, and applying tax legislation to your situation, to see where you may benefit from advice retrospectively, presently and in the future.

That’s why we’ve invested in market leading technology to enable us to deliver a tax diagnostic review service that is not widely available to business owners.

In a tax diagnostic review service we will identify all the: tax advice needs, tax saving opportunities, allowances, incentives and reliefs, applicable to your business. The review covers all the relevant areas of tax, whilst applying your personal, business and financial situation. These are things that relate to you, your family, your life, your business. Make sure you’re doing them as tax efficiently as possible.

Depending on where your business is in it’s lifecycle, there are different tax diagnostic reviews.

Which Tax Diagnostic is right for your business?

What’s Included

As part of our tax diagnostic review service we will:

• Complete a full analysis to identify all the tax advice needs, tax saving opportunities, allowances, incentives and reliefs, applicable to your business.
• Produce a detailed report outlining all the tax advice needs, tax saving opportunities, allowances, incentives and reliefs, applicable to your business.
• Produce an action plan outlining the priority areas to focus on, including estimated tax savings and quotes for the delivery of recommended tax advice.

What to Expect

If you’re ready to go ahead with your tax diagnostic review, here’s what to expect:

STEP 1: Tax Diagnostic Analysis
We will complete the diagnostic review analysis & schedule a date to discuss our initial findings with you.

STEP 2: Initial Results Discussion
On a 30-minute call we’ll briefly discuss the findings of the report, clarifying any required details, so we can produce the final report and recommendations for action.

STEP 3: Final report & Recommendations
We will produce the final report and recommendations for action, including estimated tax savings and quotes for the delivery of any tax advice.
(This step take 1-2 weeks)

STEP 4: Action Meeting
In a 60-minute meeting we’ll provide a detailed report, action summary and present our recommendations to take forward the tax advice identified for you and your business.

If we book the initial results discussion and action meeting at the start, you should have your report and action plan within 3-4 weeks.

Tax Diagnostic Fees

At each stage of a business’ lifecycle, there are different tax service options to consider, to make sure you are paying the most efficient amount of tax. As a result, we have five different tax diagnostic reviews available to choose from.

5 Tax Diagnostic Consultancy Packages available at Cheltenham Tax Accountants.

The fees for our tax diagnostic review services are set out below.

Tax Advice

At the end of your tax diagnostic review service, tax advice will be identified to improve your tax position, to make a future saving, or to get cash back into your business.

Where tax advice is identified, we will provide calculated tax savings, a proposal of work and a quote for the delivery.

All tax advice will be quoted for separate from the tax diagnostic review fee.

Book a Tax Diagnostic Review, Just Right for You!

The likelihood is, you’re not currently maximising all the tax saving opportunities available to you – and you could be missing out. Book your tax diagnostic review, get full control and peace of mind you’re doing everything you could be.