Solihull, West Midlands

Tax Planning in Solihull
Practical Advice for Business Owners

Solihull has one of the highest concentrations of small business owners anywhere in the country and yet a lot of them still treat tax planning as something to think about only once a year, usually in the weeks before a return is due. By then, most of the decisions that would have actually reduced the bill have already passed.

Henleaze Tax Consultancy provides tax planning for business owners, contractors and limited company directors across Solihull. We're based in Bristol and for this kind of work that makes very little practical difference, since it's a conversation about your numbers and your options, held over video call or phone rather than requiring anyone to travel.

97.4%
Micro or Small Businesses
One of the highest proportions in the UK
High
Job Density
Well above England & West Midlands averages
JLR · RR
Major Employers Nearby
Jaguar Land Rover, Rolls-Royce, Gymshark
UK Central
Strategic Hub
Birmingham Airport, NEC & HS2 corridor

Trusted & Professionally Accredited

5.0

Trusted by 500+

Businesses, Contractors & Landlords

Leading Accountants

in Bristol

HMRC Registered

& Fully Compliant

Proactive Support

with Fast Turnaround

0+

Happy Clients

Across Bristol & the UK

0+

Years Experience

Trusted expertise since 2009

0%

Client Retention

Long-term relationships first

0M+

Tax Saved (£)

Recovered for clients last year

Local Market Insight

Solihull's Business Base is Small by Design — and That Changes the Advice That Works

Across Solihull, 97.4 percent of private sector businesses are classed as micro or small, one of the highest proportions anywhere in the country, despite the borough also being home to major employers like Jaguar Land Rover, Rolls Royce and Gymshark, all clustered around the UK Central Hub near Birmingham Airport and the NEC. That combination matters. A huge share of Solihull's economy runs through owner managed businesses, many of them supplying into or working alongside the larger names based here and the tax planning that actually helps them looks quite different from generic advice aimed at a much larger company.

With Solihull's job density running well above both the England and West Midlands averages, and a workforce that's unusually skilled for the size of the borough, a lot of our Solihull clients are business owners who've built something genuinely profitable but have never had a proper conversation about what to do with that profit beyond paying what's owed each year.

Why This Matters for You

Owner managed businesses need tax advice built around how they actually work — not one-size-fits-all guidance designed for corporates. That's the difference we focus on.

Key Planning Areas

Where Solihull Business Owners Usually Find the Most Value

01

Corporation Tax and Capital Allowances

With the corporation tax rate now split between the small profits rate and the main rate, with marginal relief in between, timing of capital expenditure and how profit is structured can genuinely change which band you fall into. This matters more than most owners realise.

02

Salary and Dividend Planning

For owner-managed limited companies, the split between salary and dividends changes what you personally take home and the right balance shifts as your company's profits and personal circumstances change year to year.

03

Profit Extraction Through Pensions

Company pension contributions remain one of the more reliable ways to reduce a corporation tax bill while building long term personal wealth and they're frequently underused by owners focused only on salary and dividends.

04

Capital Gains Tax Planning

Whether you're planning an eventual sale, bringing in investment or restructuring how the business is owned, CGT planning works best well before any of that happens, not once a deal is already underway.

05

Business Structure Reviews

As a business grows, whether it's still structured the right way, sole trader, single company or a group structure, is worth revisiting rather than assuming the original setup still fits.

Full detail sits on our tax planning service page.

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Supply Chain Dynamics

Why Being Close to Larger Employers Changes the Conversation

A meaningful number of Solihull's small businesses and contractors work directly in the supply chain around Jaguar Land Rover, Birmingham Business Park, or the wider UK Central Hub. Supplying into or contracting alongside a large employer often brings steadier income than working with smaller, more varied clients, but it can also mean less flexibility in how and when that income arrives. Planning around that pattern, rather than treating income as unpredictable when it's actually fairly consistent, tends to open up more genuine tax planning options than owners expect.

Get a Quick Estimate
Connected Services

How Tax Planning Connects to the Rest of Your Accounting

Contractor Accounting

IR35 assessments, limited company setup, bookkeeping, VAT, payroll and year end filing, for contractors working across Solihull and the wider UK Central Hub.

Explore Contractor Accounting

Small Business Accounting

Bookkeeping, VAT and payroll kept accurate and current, the foundation that makes any real planning possible.

Discover Small Business Support

Landlord Accounting

Rental income reporting and Capital Gains Tax planning for business owners who also hold investment property.

View Landlord Services

Payroll and HR Support

PAYE, pension auto enrolment and HMRC submissions, run accurately for your own salary and any employees.

See Payroll & HR Services

Outsourced Accounting

A full finance function for growing Solihull businesses not yet ready to bring this in house.

Learn About Outsourced Accounting

VAT and Bookkeeping

Clean, current records that make VAT filing and any funding conversation considerably easier.

View VAT & Bookkeeping Services

Company Secretarial Services

Confirmation statements, Companies House filings and director or shareholder changes, tracked so nothing gets missed.

Explore Company Secretarial

R&D Tax Credit Claims

Eligibility review and claim preparation for genuinely innovative development work, relevant given Solihull's advanced engineering and future mobility sector.

Find Out About R&D Claims

Personal Tax and Self Assessment

Self assessment filing for dividend income, rental profits and capital gains, explained clearly alongside your business accounts.

View Personal Tax Services
Typical Clients

The Kind of Business Owners We Tend to Work With in Solihull

A good number of our Solihull clients run small manufacturing or engineering firms supplying into the automotive and aerospace supply chain around Jaguar Land Rover and Birmingham Business Park. Others are contractors and consultants working across the UK Central Hub who wanted their salary and dividend structure properly reviewed rather than left on autopilot. A steady group are owners of well established, genuinely profitable businesses who'd simply never had a proper conversation about what to do with that profit beyond the annual return.

Get in Touch if Any of That Sounds Close

How the Fee Works

Every tax planning review is agreed on a fixed fee before we start, based on the complexity of your business and income. There's no hourly billing, so the cost reflects the actual work involved.

See Our Pricing

Frequently Asked Questions About Tax Planning in Solihull

It can. Steadier, more predictable income from a small number of larger clients often opens up more planning options than owners expect, particularly around timing of expenditure and profit extraction, compared to a business with genuinely unpredictable income.
Ideally a few months before, while there's still time to adjust dividend timing, capital spend or pension contributions. Once your accounting year has closed, most of the options have already gone.
Now, ideally, or at least well before any offer arrives. Capital Gains Tax planning options narrow considerably once a sale process has already started.
It's worth checking. A lot of owners assume R&D relief is only for larger, dedicated research and development businesses, but genuine technical problem solving, even as a smaller supplier, often qualifies.
Either, depending on what suits you. Some owners want a single review ahead of a specific decision, others prefer revisiting their position annually as the business grows.
Free Initial Conversation

Let's Have a Proper Conversation About Your Business

If you're a business owner, contractor or limited company director in Solihull and want a genuine look at whether you're paying more tax than you need to, get in touch. A first conversation is free and doesn't commit you to anything further.