Accountant in Andover
Welcome to Jungle Tax, your trusted partner for accounting and tax solutions in Andover. Nestled in the prestigious Basepoint Business Centre, known for its professional and vibrant environment, we are proud to be a top choice for businesses and individuals searching for an accountant in Andover.
At Jungle Tax, we understand that managing finances can be complex and time-consuming. That’s why we offer comprehensive, tailored services designed to make your financial life easier and more efficient. Whether you’re a business owner, freelancer, or individual, we’ve got your accounting needs covered.
Why Choose Jungle Tax as Your Accountant in Andover?
Expertise You Can Trust: Our team is highly qualified and experienced in providing accounting and tax solutions across various industries.
Personalized Approach: We understand that no two clients are the same, so we tailor our services to meet your unique financial needs.
Local Insight: As a local accountant in Andover, we are deeply familiar with the challenges and opportunities businesses face in the area.
Convenient Location: Based in the prestigious Basepoint Business Centre, we are ideally situated to serve clients from all over Andover.
Lifetime limit on Business Asset Disposal Relief, offering 10% Capital Gains Tax for qualifying business sales.
Higher Corporation Tax rate on profits over £250,000 (from April 2023). Profits below £50,000 taxed at 19%.
The Full Expensing Scheme allows 100% deduction on qualifying plant and machinery investments, with no cap (valid from April 2023 to March 2026).
Comprehensive Accounting Services in Andover
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Business Accounting:
Whether you’re a startup or an established business, we handle everything from bookkeeping to financial statements, giving you the confidence to focus on growing your business. -
Tax Compliance and Planning:
Our proactive tax planning and compliance services ensure you stay ahead of deadlines while minimizing your tax liabilities. As your trusted accountant in Andover, we make taxes hassle-free. -
VAT & Payroll Services:
Navigating VAT returns and payroll can be daunting. Let us take care of the complexities, ensuring compliance and accuracy every step of the way. -
Personal Tax Services:
Whether you’re self-employed, a landlord, or simply need assistance with your personal taxes, we offer expert advice and efficient solutions tailored to your needs.
Business Asset Disposal Relief (formerly Entrepreneurs' Relief)
This scheme allows business owners to pay a reduced Capital Gains Tax (CGT) rate of 10% when they sell all or part of their business. This relief is designed to help entrepreneurs retain more of their profits after a business sale, significantly lowering their tax liability compared to the standard CGT rates of 20%.
To qualify, individuals must have owned the business for at least two years and hold at least 5% of the shares and voting rights if it is a company. The relief also applies to business partners or sole traders who dispose of all or part of their business assets. There is a £1 million lifetime limit, meaning the 10% tax rate can only be applied to qualifying gains up to this threshold over the entrepreneur’s lifetime.
This relief is a key incentive for business owners, making it easier to exit or sell their ventures while retaining more of the financial rewards. At Jungle Tax, we can assist business owners in structuring their sales to maximize eligibility for Business Asset Disposal Relief and ensure they are making the most of this valuable tax benefit.
Major Tax Savings with Jungle Tax Expertise
At Jungle Tax, we excel in uncovering substantial tax reliefs, such as R&D tax credits and Capital Allowances, helping businesses save significant amounts that might otherwise go unnoticed.
Our expertise in succession planning and Business Asset Disposal Relief ensures owners can minimise tax liabilities when passing on assets or selling their businesses, saving potentially hundreds of thousands in taxes.
We also provide strategic guidance on international tax and cross-border transactions, reducing tax exposure and ensuring compliance, while maximising savings for expanding businesses.
What Makes Us the Leading Accountant in Andover?
- Local Expertise: We specialize in supporting businesses and individuals in Andover, combining local knowledge with professional insights to deliver unmatched service.
- Tailored Solutions: Our services are customized to align with your specific goals, whether it’s tax savings, growth strategies, or streamlining finances.
- Transparent Pricing: No hidden fees, just clear and competitive pricing for all our services.
- Convenient Access: Our office at Basepoint Business Centre is easily accessible and offers a professional setting to discuss your financial needs.
Steve Wren
Lutfy Ossman
Gavin Lenthall
Elie Pippard-Kemp
Shaping the strongest team
Related Services
Let Jungle Tax Simplify Your Finances
When you choose Jungle Tax, you’re not just hiring an accountant in Andover – you’re gaining a partner committed to your financial success. We take the time to understand your unique needs and provide solutions that help you thrive.
Let us show you how we can simplify your finances and add value to your business. Don’t settle for less when it comes to your finances. Choose Jungle Tax – the trusted accountant in Andover dedicated to making your life easier.