Arif Patel is a retired teacher and tax expert who is based in Preston in the UK. He uses his knowledge on UK tax and his background in teaching in order to educate businesses and individuals all manner of issues surrounding tax, including UK tax regulations and tax information for US expats.
Is It Important to Seek Tax Advice?
Having access to websites such as Arif Patel’s is very important for both individuals and businesses. Navigating UK tax laws and regulations can be tricky, there are fraudulent vat repayment claims, tax fraud and general misinterpretations in tax law that could result in investigations and possible penalties. As such, working with Arif Patel in order to better understand this tax law and implement it correctly is crucial. Some of the other main reasons why businesses should seek tax advice include but are not limited to the following:
Avoid Penalties and Interest
When you file your taxes and work in accordance with tax law, you stop yourself from incurring any kind of penalty or fine. This is important as you will not lose any money unnecessarily in the process of filing your taxes.
Take Advantage of Different Deductions Which Are Available
Another benefit that comes with working with professionals rather than false accounting firms is that you are going to find out about the range of deductions you might be able to take advantage of. By avoiding penalties and interest, whilst also applying the relevant deductions, you will be saving a considerable amount of money overall with your taxes.
Arif Patel’s Approach to Accounting
Arif Patel loves many things in life, he likes the outdoors, to walk and explore, and make the most out of his retired life. He also enjoys providing people with the right advice so that they can operate within the UK tax system according to the law and in the most cost-effective way that benefits both their business and them as an individual.
A lot of UK traders end up paying more in tax, contributing to public revenue from their very own bank accounts, purely because they didn’t have access to the right information. Arif Patel wants to put a stop to this, making people aware of the correct practices and providing them with the tools necessary to navigate what can be a complex field.
Arif Patel’s Relevant Experience
Arif Patel has plenty of experience that makes him the perfect person for an information based role in accounting.
Tax Experience
Arif worked in tax for decades and in turn, became an expert at dealing with UK tax law. He can provide information on the smallest of transactions to bulk imports with his specialities in advisory tax, planning solutions and compliance. Arif Patel lived his life centred around growing his knowledge of this subject as he has a real passion for it.
He enjoys the problem solving elements that come with working in tax and having the ability to view things from various perspectives in order to find the most effective and sustainable solution. At some point in people’s lives, regardless of whether they live a simple or lavish lifestyle, they will deal with some form of tax issue and Arif provides the tools to deal with them.
Teaching Experience
Not only does Arif have relevant experience in tax but he also worked as a teacher for a number of years. This means he has excellent communication skills and has the ability to pass his knowledge down in a way that can be clearly understood. As previously mentioned, UK tax law can be complex and so breaking down jargon in a clear and concise manner so that lay people can understand it is a vital skill.
Following Arif Patel
In order to stay up to date with all of Arif Patel’s teachings on UK tax and updates surrounding the law, be sure to follow his blog and keep an eye out for updates to the website.