Tax Planning – National

UNDERSTANDING YOUR TAX OBLIGATIONS AND BEING TAX EFFICIENT

Personal tax services

We are specialists in all aspects of personal taxation, including self-employed, partnerships, buy to lets, and private clients. We can help you with self-assessment tax returns and provide all year-round personal tax planning and tax advice to help plan your affairs to minimize the tax you pay. This includes capital gains tax and family tax planning for inheritance tax, as well as tax residency issues. We can advise on dividend and salary planning, year-end business tax planning, selling and gifting assets, and all aspects of property tax. We can also help you obtain tax refunds, make expense claims and review your tax affairs to ensure they are in order and that you are not paying too much tax.

Corporation tax services

Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner.

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.

VAT

Ever changing regulations and increasing HMRC demands mean VAT compliance can be a difficult administrative process. We can 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 planning to minimise future problems with HMRC.

Tax health checks and disclosures

HMRC and other tax authorities across the world are increasing their focus on the tax gap and putting tax transparency at the top of their agenda. This makes tax compliance more critical than ever. If you think you or your clients may not be completely compliant, the message is clear – tell HMRC or face increasingly severe consequences.

HMRC Investigations and Enquiries

Being the subject of a tax investigation or enquiry by HMRC can be stressful and worrying. We have a wealth of 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 become the subject of an investigation, we can provide expert help and support.

Payroll and Pension Auto-Enrolment

In addition to providing paying a salary, all employers with employees between 22 and under state pension age earning >£10k are under legal obligation to automatically enrol (Auto Enrolment) into suitable pension scheme  services which is compliant with on-going requirements of Auto Enrolment.

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