Taxation and VAT

Working closely with you to ensure you pay the minimum tax...

Taxation and VAT

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

Corporation Tax Services

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We will prepare tax returns and calculate your company's tax liability in a timely and efficient manner - and we will assist with the calculation of quarterly instalment payments due, if applicable.

Increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources could be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning will result in significant improvements in your bottom line.

Personal Tax Services (including Sole-Traders and Partnerships)

Self-Assessment

We have the expertise and software to take the headache out of the form filling and compliance aspect of Self-Assessment. We will provide you with practical advice on personal tax and the planning opportunities available to you. Over recent years, HMRC have increased the penalties for failing to file a return on time and for errors. We will complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal Tax Planning

Everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our tax team can provide you with year-round advice on all aspects of personal taxation.

Estate Planning

Few of us like to think about dying; however, the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available, and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system.

VAT

Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a complex administrative process, and it is commonly known that VAT legislation can be a minefield! We will help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

  • assistance with VAT registration
  • advice on VAT planning and administration
  • use of the most appropriate scheme
  • VAT control and reconciliation
  • help with completing VAT returns
  • planning to minimise future problems with HMRC

HMRC Investigations and Enquiries

Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance. If you are the subject of an investigation, we can provide expert help and support.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01303 656044. Or if you would prefer, ask us a question online.