Over 40 years' experience supporting local businesses
No jargon, only plain advice
Cloud accounting with QuickBooks and Xero advisors
Tax services explained clearly
At ACG Accounting Services, tax services are structured into three key areas: tax compliance, tax advice, and tax consultancy. Tax compliance ensures the right tax is paid to HMRC on time and accurately. Tax advice focuses on improving tax position, identifying savings, and releasing cash back into the business. Tax consultancy involves a more profound review of overall circumstances, applying legislation to identify opportunities across past, present, and future planning, also known as a 'tax diagnostic review'.
Tax diagnostic review process and outcomes
A tax diagnostic review is designed to assess overall tax position using structured analysis and tailored reporting. It identifies tax-saving opportunities, allowances, incentives, and reliefs based on personal, business, and financial circumstances. The process includes a clear step-by-step approach:
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Step 1: Discovery Stage – Information gathering about business and financial position
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Step 2: Tax Diagnostic Review – Detailed analysis of findings
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Step 3: Impact Meeting – A meeting to discuss key findings and priorities
An action plan is then provided, outlining priorities, estimated tax savings, and recommended next steps.
What’s included and next steps
The Tax Diagnostic Review provides a full breakdown of tax efficiency opportunities through detailed analysis and reporting. It covers all relevant areas of tax and delivers a structured action plan with clear recommendations.
What’s included:
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Full analysis of tax advice needs, savings opportunities, allowances, incentives, and reliefs
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Detailed report based on personal and business circumstances
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Action plan with priorities, estimated savings, and recommended tax advice quotes
After the review, tailored tax advice is delivered separately to support implementation and help clients take forward the recommended actions effectively.
Tax diagnostic review fees and options
ACG Accounting Services offers a range of tax diagnostic review options designed to suit different stages of a business lifecycle. Each option is structured to reflect different levels of complexity and planning needs.
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Tax Review 1: Starter planning
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Focus on salary and dividend planning to ensure tax-efficient remuneration for early-stage businesses.
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Tax Review 2: Extracting Maximising Value
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Supports the efficient extraction of value from small, stable companies.
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Tax Review 3: Growing Business Tax Diagnostic
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Focuses on managing growth, reducing tax exposure, and improving reinvestment planning.
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Tax Review 4: Business Expansion Tax Diagnostic
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Covers expansion planning, asset disposal, and structural considerations for growth.
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Tax Review 5: End Game Tax Diagnostic
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A full 360 review designed for long-term planning and exit preparation.
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Personal Tax Review
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A comprehensive review for high-net-worth individuals, business owners, and property portfolios.
All tax advice is provided separately following the review, with clear recommendations and quoted work where required, with further support available through our accounting and taxation solutions and making tax digital services.
I've Always found Alan to be very helpful with regards to all my business needs ..
And keeps me upto date with any relevant information that becomes available regarding tax etc
Would recommend ACG accounting services to anyone ..
WendyM-158 , Yell