Tax advice

Every business goes through different stages - starting out, growing, taking on staff, restructuring, planning an exit. At each of those points, the tax implications of the decisions you make can be significant. Getting the right advice at the right time doesn't just save money - it gives you the confidence to make decisions clearly, without worrying about what you might be missing.

At Facts & Figures, we provide tax advice and planning for businesses and individuals across Edinburgh, Glasgow, and Scotland. Whatever stage your business is at and whatever question you're wrestling with, we'll take the time to understand your situation properly, consider all the relevant angles, and give you a clear, straightforward answer - not a hedge-everything response that leaves you none the wiser.

The areas we cover

Our tax advice covers the full range of personal and business taxes:

Income Tax

Whether you're a sole trader, a company director, a landlord, or an individual with income from multiple sources, we make sure your income tax position is managed efficiently. That means claiming everything you're entitled to, structuring your income correctly, and planning ahead so your liability doesn't come as a surprise.

National Insurance

National Insurance is often an afterthought - but for both employed and self-employed individuals, the interaction between NI and income tax has a real impact on your overall position. We factor this into every tax planning conversation rather than treating it in isolation.

Corporation Tax

For limited companies, corporation tax planning goes well beyond filing a return. We work with our business clients throughout the year to make sure they're making the most of available reliefs - from capital allowances and R&D tax credits through to the timing of expenditure and the structure of director remuneration.

Payroll & PAYE

Getting your payroll structure right has direct tax implications - particularly for owner-managed businesses where the balance between salary and dividends significantly affects the overall tax position. We review this regularly with our clients rather than leaving it on autopilot.

P11Ds and Benefits in Kind

If you provide benefits to employees or directors outside of salary, these need to be reported correctly and the tax implications understood in advance. We advise on the most tax-efficient way to structure benefits and handle all P11D reporting on your behalf.

VAT

VAT advice goes beyond completing a return. We help businesses understand which scheme is most appropriate for them, navigate the grey areas - partial exemption, construction VAT, international transactions - and stay on top of Making Tax Digital compliance.

CIS

For businesses in the construction sector, the Construction Industry Scheme adds a layer of complexity to an already demanding compliance environment. We advise contractors and subcontractors on their CIS obligations, gross payment status, and the interaction between CIS and their wider tax position.

Capital Gains Tax

When you sell a business asset, property, or shares, Capital Gains Tax can have a material impact on what you actually walk away with. We advise on Business Asset Disposal Relief, the timing of disposals, allowable costs, and any other reliefs that might apply - ideally well in advance of the transaction, when there's still time to act.

Inheritance Tax

For business owners who have built up significant personal wealth alongside their business, Inheritance Tax is worth thinking about sooner than most people do. Business Relief can provide significant IHT protection on qualifying assets, but the conditions need to be met in advance. We help clients understand their exposure and put sensible arrangements in place.

How we work

Tax advice only works if you actually understand it. We make a point of explaining things in plain English - not because we assume you don't know your business, but because clear communication leads to better decisions. When you come to us with a question, we take the time to understand the full picture, consider all the relevant aspects, and come back to you with a clear answer and a recommended course of action.

We have offices in Edinburgh and Glasgow and work with clients across Scotland both in person and online. All of our tax advice services are available on transparent, fixed-fee pricing agreed in advance.