Taxation

Working closely with you to ensure you pay the minimum tax

As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We help you understand the tax implications of your actions so you can plan ahead and conduct your affairs in a tax-efficient way.

Corporation Tax Services

Under the Corporation Tax Self Assessment regime, the legal responsibility for correctly calculating your company’s tax liability falls on you as the business owner. We understand the issues facing owner-managed businesses and can prepare company tax returns in a timely and efficient manner. We will also calculate your corporation tax liability and assist with the calculation of any quarterly instalment payments due.

Today’s increased reporting obligations, more aggressive HMRC enquiry policies, and harsher penalties for non-compliance mean that your time can easily be consumed by tax administration. We help to minimize your corporate tax exposure and relieve you of the administrative burden of complying with current tax legislation. Effective corporate tax planning can also yield significant improvements to your bottom line.

Personal Tax & Self Assessment

We have the expertise and software to take the headache out of Self Assessment for individuals, sole traders, and partnerships. Our team provides practical advice on personal tax matters and will identify any planning opportunities available to you. HMRC has increased penalties for late or incorrect tax returns in recent years – let us complete and file your returns to ensure they are accurate and on time, helping you avoid any fines. We’ll calculate your tax liabilities and advise you on exactly when and how much to pay, so you never miss a deadline.

Everyone who is subject to taxation needs professional advice and support to optimize their tax position and ensure they meet compliance requirements. Our specialist tax team can offer you year-round guidance on all aspects of personal taxation, from income tax and National Insurance to capital gains and inheritance tax.

Estate Planning

Few of us like to think about dying, but making plans for your estate in advance is essential to ensure your loved ones are provided for. There are many tax-saving opportunities available, and the earlier you start planning, the better. Getting the right balance in your estate plan requires considerable skill and foresight, along with detailed knowledge of the tax system. We provide a discreet, comprehensive estate planning service that includes:

• Help with planning and reviewing your will
• Making full use of exemptions and lower tax rates on lifetime transfers
• Optimizing lifetime transfers of assets between family members
• Transferring agricultural or business property
• Arranging adequate life assurance to cover potential inheritance tax liabilities

VAT

Ever-changing regulations and the growing demands of HMRC make VAT compliance a difficult administrative task. We’ll help ensure you comply with all VAT requirements and that you don’t pay any more VAT than you need to. Our efficient, cost-effective VAT services include:

• Assistance with VAT registration
• Advice on VAT planning and administration
• Guidance on choosing the most appropriate VAT scheme for your business
• VAT control and reconciliation
• Help with completing and submitting VAT returns
• Planning to minimize future VAT issues
• Negotiating with HMRC in disputes and representing you at VAT tribunals if necessary

HMRC Investigations & Enquiries

Being the subject of an HMRC investigation or enquiry can be astressful experience. We have a wealth of experience in dealing with tax investigations – from enquiries into individual Self Assessment returns to detailed investigations into company accounts, as well as employer compliance reviews for PAYE and P11D. If you are under investigation, we can provide expert advice, support, and representation to guide you through the process and liaise with HMRC on your behalf.

Tax Protection

With the increased risk of HMRC investigations, it may be worth considering our Tax Investigation Protection service. This is an insurance policy that covers our professional fees in the event of an HMRC enquiry into your affairs. It gives you peace of mind that, should the taxman come calling, you won’t face unexpected accountancy costs while we work to resolve the situation on your behalf.