There is that, But Tax Accountants know ALL the "tricks" etc to reduce the income - the amount of tax I paid in the first couple of years that I didnt need to... - An accountant will not only help the client reduce taxation, but also reduce their own too...John wrote:marginal rate of tax higher than the client.
IE: "Well thats a business mobile", "your office constitutes to 20% of all your homes utilities, so slap that in too", "Those 10,000 business miles reduces your income by £4,000" to name just a few of the basic things... then we have the 25% depreciation for sewing machines, computers, camera, ETC...
But I guess your right there... Considering the Accountant will most likely be an higher rate, it could well be better for the tax man ... (lets hope they don't make the forms more complicated )