Why should I choose Thompson Taraz Rand?
Our practice has been entirely built on three simple principles; offering sound business development advice, responding to our clients’ needs in a timely manner and saving our clients as much tax as is legally possible.
How can you save me tax?
As a practice, we have many years’ experience in finding innovative tax solutions for our clients. The cornerstone of our relationship is to gain an in-depth understanding of both your business and personal tax affairs; thereafter we are able to suggest a number of specialised solutions which can significantly reduce your tax liability.
What do you mean by business development advice?
Using both our internal ‘know how’ and a range of specialised partner organisations, we are able to offer substantiated advice on the raising of finance, budgets, business plans, cost reduction programmes, shareholder agreements and general sound advice on how to improve your business; and therefore increase your wealth.
Why do I need an accountant?
Tax legislation and the business environment in the UK makes it one of the most complicated places in the world to be in business. The vast majority of businesses use an accountant for peace of mind that their accounts, tax returns and VAT returns will be filed on time, and that their accounts will be prepared in accordance with generally accepted accounting principles. Failure to comply with filing deadlines or the submission of returns in a timely way can result in fines or civil convictions.
How much do you charge?
Our initial meeting with you will be free of charge so we can have an informal discussion to establish your needs and ambitions. At the outset of any engagement with a client, we usually agree a fixed fee with you for the services that we are going to provide. This open approach enables transparency of costs and easy budgeting for our clients.
What sort of clients do you deal with?
We work with a diverse range of individuals and businesses, ranging from private clients to whom we offer a personal tax return service, through to trusts and larger multinational companies.
Do you specialise in certain industries?
Our clients traverse an extremely wide range of business sectors. Over the years, we have developed a more in-depth knowledge of the hi-tech, property sectors and medical sectors, though we welcome clients from all industries.
Is there anything you don’t do?
We pride ourselves on offering innovative and proactive advice; we never advise any client to break the law. We have access to a group of experienced professionals in the event a more specialist knowledge is required.