We Want To Hear From you

Have a comment or question? Send us a message.

Email Us

Click this box if you wish to email us.

Call Us

Click this box if you wish to call us.

APPOINTMENT

Click this box if you wish to book your appointment.

Get In Touch With Us Today

If you have got questions, we have the answers. Just send us a message and one of our accountants will be in contact with you within 48hrs – even on weekends and holidays.

    Your Message

    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    (020) 8313-9117
    contact@adivaaccountants.co.uk
    www.adivaaccountants.co.uk

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.

    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.

    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208, B226, A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232, A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2, A2213, A20, South Circular Road, A2212, then A21. From West London, you can take South Circular Road to Catford, then A21.

    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
    We're currently closed.We're open again on Thursday (12th December 2024) from 9:00 am to 5:30 pm
    FAQs

    How advance planning may produce tax savings?

    • Admin
    A

    How advance planning may produce tax savings?

    Corporation tax

    The Advancing of expenditure

    If the expenditure is incurred before the company’s accounts year end, it can reduce the current year’s tax liability.

    There are many situations where significant expenditure is planned for early in the next accounting year. If you bring forward this expenditure by just a few weeks to fall within the current year, the related tax relief is received 12 months early.

    Below are some examples of the type of expenditure to consider bringing forward:

    • building repairs and redecorating
    • advertising and marketing campaigns
    • redundancy and closure costs

    Please note that payments into company pension schemes are only allowable for tax purposes when the payments are made. And not when they are charged in the company’s accounts.

    Capital allowances

    You should consider the timing of capital expenditure on which capital allowances are available to obtain the maximum reliefs.

    Companies are able to claim an annual investment allowance which provides 100% relief on expenditure on plant and machinery, excluding cars. The amount of AIA available for a particular accounting period varies depending on the accounting period.

    Periods from Annual limit
    1 April 2014 £500,000
    1 January 2016 £200,000

    There are special rules where accounting periods straddle one of the above dates.

    Groups of companies have to share the same allowance. The expenditure on qualifying plant and machinery which is in excess of the AIA is eligible for writing down allowance (WDA) of 18%. Where the capital expenditure is incurred on integral features the WDA is 8%. Additionally, there are 100% allowances on designated energy saving technologies. Other limited allowances are also available for investments in certain types of building.

    Trading losses

    There are three main options for companies to consider in utilising the trading losses:

    • they can be set against any other income (e.g. bank interest) or capital gains arising in the current year
    • they can be carried forward and set against trading profits arising in future years
    • they can be carried back for up to one year and set against total profits.

    At Adiva Accountants in Canary Wharf, we can provide tax planning advice for your company in Canary Wharf, Bromley, Kent and London areas. For further advice on tax savings for companies, please do not hesitate to contact us at Adiva Accountants in Canary Wharf.

    Categories: Business taxation, Company accounts Bromley
    Share
    Back To Top