Taxation

Tax is dynamic and needs to be constantly planned and reviewed as legislation and your circumstances change. Our tax team will review your personal and business affairs as a whole, integrating personal and business tax planning to minimise your overall tax burden.

Your needs may be more straightforward and may need help with your annual tax compliance requirements for example completing tax returns, preparing VAT returns, starting up in business or learning about your PAYE or NIC obligations. Whatever your situation, size and nature of business or stage in life you may also need help to reduce your tax bills.

We therefore offer two distinct tax services:

Tax compliance

Recording, collecting and paying tax is an ever increasing burden each year.

Covering a wide range of tax compliance obligations, our tax team will ensure your tax affairs are dealt with smoothly and efficiently each year so that you can get on with what you do best.

We offer the following services:-

Preparation and submission of personal tax returns, dealing with self-assessment statements on account, notices of coding and tax payments on account.
Preparation and submission of partnership tax returns and company tax returns in iXRBL format.
Dealing with enquiries by tax authorities into your tax affairs so that the matter is dealt with as efficiently as possible and so that any tax owing and penalty is reduced as far as possible.
Handling your businesses payroll and ongoing PAYE/ NIC obligations and end of year returns.
Preparing and submitting your business VAT returns. We can help you decide whether you need to be registered for VAT setting out the advantages and disadvantages.
Preparation and filing of Research and Development Tax Credit.

Tax planning

Tax planning is a very complex area covering many forms of tax. The most common forms of tax are income tax (payable by individuals, partnerships and sole traders on income), corporation tax (payable by companies on profit and gains), capital gains tax (tax due on gains made on investment assets such as property and shares), inheritance tax (tax paid by the estate on death or during lifetime on certain transfers of capital), VAT and stamp duty.

Think of it this way, every event or transaction is likely to have a tax issue. Our job is to help structure your investments, wealth or business in order to minimise tax. We advise on a very wide range of tax matters and each can to an extent be grouped together depending on your needs.