Every business has some form of taxation to pay and we can help you in whatever area that is including VAT, PAYE, National Insurance, Corporation and Capital Gains Tax.
A company as a separate legal entity pays Corporation Tax on the taxable profits of the company. Annually a Corporation Tax return needs filing. We look after limited companies and deal with the filing of their Corporation Tax returns and any other queries which may arise to ensure their tax affairs are in order.
We offer a full tax service for individuals from completing your annual Tax Returns to advising on Inheritance and Capital Gains Tax.
If you are self employed, a company director, own a rental property or for a number of other reasons are required to complete a Self Assessment Tax Return we can help. Filling in a form is one thing, knowing what expenses, reliefs and allowances that can reduce your tax is another. We ensure our clients take advantage of HM Revenue and Customs reliefs and allowances to ensure they pay no more tax than they need to.
You are taxed on profits made when selling (or gifting) an asset, such as a second home or a business. We know the many reliefs available which may help reduce your tax liability, such as rollover/holdover relief and entrepreneurs’ relief. We can advise on the structure of transactions to minimise your tax liability.
Effective IHT planning can help to protect your wealth and minimise the tax liability due on your Estate. We take the time to understand your current financial situation and your anticipated future needs to develop a plan to minimise any Inheritance Tax due.