Rated 5.0 on Google Fixed monthly fees, software included VAT, CIS, payroll and year end handled Liverpool, Wirral and Cheshire, UK-wide Run by Barnaby Byrom since 2023
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Tax planning for limited companies before your year end closes

Tax planning for limited companies starts before the year end, while salary, dividends, pension payments and planned spending can still change the bill.

5.0 on Google. Can’t recommend these guys enough, saved the day when our previous accountant hadn’t been filling properly and we were facing fines. Worth their… Regent Barbers · Read the reviews
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A few quick questions, then a fixed monthly fee in writing and the free VAT and structure check. About two minutes, no tie in.

Year end approachingPay mix unchanged

A free review on joining found an £8,000 VAT overpayment in one client’s books. The bigger question is which choices remain open before your year end, and what should be set aside each month.

Concrete Accounts is a Liverpool accountancy practice for owner-managed limited companies. It reviews director pay, pension contributions, planned spending and tax reserves before year end, under a fixed monthly fee with software included. A free review of the books is included on joining.

Tax planning for limited companies: Barnaby discussing company tax decisions with an owner at a kitchen table Limited companies

Which choices disappear when the company year end closes?

5.0 · Barnaby explainsGet a free quote
  • Rated 5.0 on Google
  • Fixed monthly fees, software included
  • VAT, CIS, payroll and year end handled
  • Liverpool, Wirral and Cheshire, UK-wide

What changes before the year end closes

01

Know what to put aside

You reserve enough each month for VAT, corporation tax and your own bill.

02

Pay yourself with the year in mind

Salary, dividends and pension payments are checked before money moves.

03

Make planned spending decisions in time

The van, equipment and genuine costs are discussed before the year closes.

Which late decisions make the bill harder to change?

The expensive moment often comes after the useful choices have closed.

  • Tax bill

    “I found out the corporation tax bill after I’d already used the cash for the next job.”

    The company then has to fund the bill from money needed elsewhere.

  • Dividends

    “I’ve taken the same salary and dividends since incorporation, although the company is earning much more now.”

    An old pay routine can stop fitting the company’s current profit.

  • Van

    “I bought the van before asking how the company should pay for it or what it could claim.”

    The purchase is already fixed before its tax and cash effects are checked.

  • Day 90

    What changes once the advice is in the room

    The decisions are checked before the year closes. You know what to set aside each month. Purchases and pay are discussed while choices remain.

Quick check · no email

If your accountant cannot tell you whether your VAT scheme is right, forecast the bill before it lands and answer this week, you have the wrong accountant

Answer these questions about the accountant looking after your company now.

Question 1 of 3

Could they tell you this week whether your VAT scheme is right?

Where filing ends and useful planning begins

Year-end filing has a purpose, but completed transactions leave fewer choices.

A year-end filing service

Files after the period closes.

Works from completed transactions.

Confirms the bill once calculated.

Useful when filing is all you need.

Advice during the year

Checks decisions before payment.

Updates the expected tax bill.

Reviews pay and pension plans.

Sets a monthly amount aside.

Which eight checks matter before year end?

A no does not mean spend money. It means ask before the choice disappears.

  • 01

    Have you estimated corporation tax before the year closes?

    The estimate shows what the company needs to reserve.

  • 02

    Is a fixed amount moved aside every month?

    Tax money stays available when the payment date arrives.

  • 03

    Has your salary and dividend mix been reviewed?

    The approach should fit current profit and personal income.

  • 04

    Has pension contribution timing been checked?

    Company contributions have tax, cash and pension consequences.

  • 05

    Is planned spending tied to a real business need?

    Tax alone should never justify buying equipment.

  • 06

    Have the van options been compared before signing?

    Buying, financing and personal use can produce different results.

  • 07

    Has other money taken by directors been checked?

    Withdrawals outside pay or dividends can create another tax issue.

  • 08

    Is VAT kept apart from spendable company cash?

    Collected VAT should still be available when the return is due.

What we check while choices remain open

The advice follows real payments, purchases and plans inside your company.

Pay

Salary, dividends and pension payments

We check how each choice affects the company and director.

Spend

Vans, equipment and planned costs

We discuss genuine purchases before the company commits.

Reserve

A monthly tax amount

You know what to retain as profit and spending change.

All Services →

Entry 01

What a short VAT review found

The books can hide old mistakes as well as the next bill.

Figure£8,000of VAT overpaid for years
Found byA fifteen-minute check of one new client’s VAT returns found the overpayment.
ResultThe error sat under the previous accountant and was claimed back after the review.
AlsoThe review is included when you join, so old assumptions are checked before they carry forward.
Found by
Result

Clients described by type. Names withheld.

What clients say

Can’t recommend these guys enough, saved the day when our previous accountant hadn’t been filling properly and we were facing fines. Worth their weight in gold!
Regent BarbersGoogle review · 10 months ago
Exceptional service. Communication is clear, timely, and consistently accessible. After years of dealing with an accountant who was difficult to reach and overly formal, working with someone this reliable and solution focused has been a significant improvement. Strongly recommend.
James HenryGoogle review · 10 months ago
I’ve been blown away by the service from Barnaby! My accounts went from being a constant mental burden to something I feel completely under control — all thanks to him. Now I can shift my mental energy to running my business rather than worrying about unexpected tax bills. Barnaby not only stays on top of everything, but also sends me financial reports so I have clarity and always know exactly what’s going on, which has made running my business enjoyable again!
Oliver NoakesGoogle review · 10 months ago

How we plan before the choices close

The plan starts with the decisions already waiting on your desk.

Before day one

Your open decisions are mapped

We note your year end, pay, pension plans and planned spending.

Day 30

Your current tax reserve is set

We estimate the bill and explain what to put aside monthly.

Day 60

Purchases are checked before payment

The van, equipment and genuine costs are considered before you commit.

Day 90

The plan follows the company

Profit, pay and the expected bill are refreshed through quarterly reporting.

Who gets little value from this service?

A sole trader below the VAT threshold with no plan to incorporate.

A side hustle or new business without established turnover.

Someone seeking a one-off filing with no ongoing work.

Anyone asking for company numbers to be changed improperly.

The set-up review will tell you plainly whether the work fits.

What directors ask before the year end

What does the monthly fee include with Tax planning for limited companies?

The scope is agreed around your company. It can cover bookkeeping, quarterly reporting, corporation tax planning, salary and dividend discussions, VAT, payroll and the year end. Cloud software is included. The aim is to discuss decisions while they can still be changed, then tell you what to put aside each month.

Can I use Tax planning for limited companies if I already have an accountant?

Yes. You can ask for a second view before deciding whether to switch. We look at the VAT position, the way you pay yourself, expected corporation tax and planned spending. If your current accountant already covers these well, we will say so. If the fit is right, the intake process explains the next step.

Do I have to move accounting software for ongoing tax advice?

We first check what you use and whether it gives the information needed. If a move makes sense, Concrete Accounts handles the set-up and includes cloud software in the monthly fee. The decision depends on your books, VAT and payroll needs. Nothing changes before the scope is agreed.

What happens to my current accountant if I switch?

If you decide to switch, Concrete Accounts contacts your current accountant directly and requests the information needed. The handover and software set-up are managed as part of onboarding. Your existing accountant remains responsible for work already agreed until the handover point is confirmed.

When should a limited company start planning tax before year end?

Start while decisions can still be changed, rather than waiting for completed year-end accounts. A useful plan is updated during the year as profit, pay and spending change. Close to year end, the focus turns to confirmed purchases, pension contributions, director pay and the amount reserved for the bill.

Which decisions can still change corporation tax before year end?

Salary, employer pension contributions, qualifying equipment and the timing of genuine business costs can affect the company bill. Dividends affect how profits are taken rather than reducing corporation tax. Each option has conditions and cash consequences, so it should be checked before payment or purchase. Spending only for tax rarely makes commercial sense.