Taxation

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 responsibility for correctly calculating the corporation tax liability falls on your company. We can help you to fulfil your responsibilities by preparing tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can 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 can also result in significant improvements in your bottom line.

Personal Tax (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 can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal tax planning

Today, more and more emphasis is being put on taxpayers' individual responsibilities and 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. We can provide you with year-round advice on all aspects of personal taxation.

Charity tax advice

We can advise you on making use of tax efficient giving in order to boost your charity’s income and the record-keeping involved. We can also assist you with claiming tax refunds under the Gift Aid scheme, if required.

Whilst charities are, generally-speaking, exempt from income tax and capital gains tax there is no such general exemption from VAT. Indeed, many charities are ‘partially exempt’ and can have complicated VAT issues. We can help you with your VAT planning and compliance.

VAT

VAT is in principle a simple tax but in practice is one of the most complicated. We can help you navigate your way through the compliance minefield in a number of ways. We can prepare your returns for you, where needed, advise you on specific matters or give you more general planning advice. If the worst comes to the worst, we can help you in disputes with HMRC.

NI and PAYE

We can provide assistance and advice with regard to year end P11ds where required and advice on specific matters that arise.

HMRC Investigations

Being the subject of a tax investigation by the HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. If you are about to be the subject of an investigation, we can provide expert help and support.

In view of the increased risk of such investigation, we offer our clients the opportunity to take out fee protection insurance to protect against the additional professional fees that normally arise from a Revenue enquiry. The amount of additional work involved will depend upon the complexity of the case but in many cases the cost could be substantial.