GW Pro Advisor — Financial Tax Report

📋 Client & Business Details

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Client / Business Name *

Trading Name (if different)

Business Type *

Base Tax Year *

Period Start

Period End

UTR Number

Company Registration No.

VAT Registration No. (if applicable)

Prepared By

Projected Annual Growth Rate (%)

Used for 4-year projection. Set 0 to isolate fiscal drag effect.

Report Date

📈 Income

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Turnover / Gross Sales (net of VAT)

Other Trading Income

Grants, commissions, sub-letting, etc.

Cost of Sales

Purchases / Materials

Subcontractors / Direct Labour

Other Direct Costs

Stock Movement (opening − closing)

Positive = stock reduction (increases COS). Negative = stock increase.

Gross Profit£0

👤 Staff Costs

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Director(s) Gross Salary

Optimal salary 2024/25: £9,100 (below NIC thresholds). 2025/26+: review due to employer NIC changes.

Employee Gross Wages (ex-director)

Employer Pension Contributions

Employment Allowance Available?

EA offsets employer NIC. Not available if only employee is a sole director.

Total Staff Costs (incl. est. Employer NIC)£0

🏠 Premises & Overheads

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Rent & Rates

Utilities (Gas, Electric, Water)

Repairs & Maintenance

Insurance

Motor Expenses (business)

Travel & Subsistence

Advertising & Marketing

IT, Software & Subscriptions

Telephone & Internet

Professional Fees (Accountancy, Legal)

Bank Charges & Interest

Printing & Stationery

Depreciation

Book depreciation charged in accounts (will be added back for tax).

Other Expenses

Total Overhead Expenses£0

⚙️ Tax Adjustments & Capital Allowances

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Capital Allowances Claimed (total)

Include AIA (up to £1,000,000), WDA (18% main pool, 6% special rate), FYA (50% on qualifying assets).

Disallowable Expenses

Client entertaining, fines & penalties, gifts over £50, political donations, personal costs.

Private Use Adjustment (motor/other)

e.g. 20% private use on £5,000 motor = £1,000. Add back the private portion.

Other Tax Adjustments (+/-)

Positive = increases taxable profit. Negative = reduces taxable profit.

👤 Personal Tax Details (Sole Trader)

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Other Personal Income (in addition to trading profit)

Employment Income (PAYE)

Property Income (net)

Savings & Interest Income

Dividends Received (other companies)

Reliefs & Deductions

Personal Pension Contributions (gross)

Gift Aid Donations (total paid)

Dividend Distribution

Dividends Paid to Director (gross)

Leave blank to auto-calculate based on full post-CT profit extraction.

Other Personal Income (non-company)

Employment income, property, savings outside company.

Director Pension Contributions (personal)

Company Pension Contributions

Employer pension via company (CT deductible, NIC-free). Already in expenses above? If not, enter here.

GW Pro Advisory Services Ltd Accountants & Tax Advisors · MAAT

www.gwproadvisory.co.uk

FINANCIAL TAX ADVISOR REPORT
Client: —
Period: —
Prepared: —
Date: —

Report generated by GW Pro Advisor · Based on figures entered · For guidance only — not a substitute for professional advice