Marketing Agencies

This depends on your income level, growth plans, and appetite for risk. As a sole trader, all profit is taxed at your personal rate, which can exceed 45 percent for higher earners. A company pays a flat 25 percent tax rate on retained earnings and provides limited liability. We model both scenarios for your specific numbers and recommend the best path forward.

The most tax-effective approach usually involves a combination of salary and dividends, sometimes combined with a family trust to distribute profits to other family members at lower tax rates. The right mix depends on your personal circumstances and we review this with you annually.

The most effective tactics are clear payment terms on invoices, automated payment reminders via Xero, and offering direct debit or card payment options. We set all of this up for you and can also help you review your terms of engagement if late payment is a persistent issue.

Common deductions include home office costs, professional subscriptions and software, business travel, professional development, and a portion of your vehicle costs. We review your expenses annually and make sure you are claiming everything you are entitled to.

Revenue growth without profit growth is a sign something is wrong, whether it is scope creep, underpricing, or rising overheads. We produce a monthly management report showing revenue, gross margin, and net profit trends so you can see clearly whether you are building a more valuable business or just working harder for the same result.