We were approached by the Manchester-based bakery who were looking for an accountants who could help them better understand their finances. M Seitler & Co offered the client a free consultation, after which, it was recommended that the way in which the director’s salary was paid needed to be reformed. This resulted in the business saving over £1000 annually in national insurance contributions.
Saving in N.I. contribution: £1000
Client: Hair Salon
Location: South Manchester
After looking for an accountant to help their business grow, this successful South Manchester salon sat down with M Seitler & Co, who gave them independent advice. The South Manchester salon had high annual tax and VAT bills of over £10,000. Following our consultation, the proprietors successfully restructured the business, which In turn meant their tax bill was reduced to just £2,593 saving them nearly £7,000 per year.
A Tax Saving of over 74%!