Corporation Tax Returns
Our tax experts have a vast wealth of knowledge and experience in dealing with Corporation Tax issues.
We will prepare and file the annual Corporation Tax Return conforming to current legislation whilst looking at ways to minimize your tax liabilities.
We will also advise you on forthcoming changes in legislation that may affect your business, ensuring that appropriate action is taken and plans made in advance.
Business Tax Planning
Our Business Tax Planning Service will ensure that your business is structured in a way that is tax efficient and that you will be able to extract the maximum profits paying the lowest amount of tax possible, within the legal boundaries.
We understand that each situation is unique. Our senior partners and tax experts will work with you to tailor make a planning programme specifically for your business.
Self-Assessment Tax Returns
Do you need to file a Self-Assessment Tax Return?
If so, leave it to us and you will never have to worry about filing your tax return again.
We will prepare your tax return in line with the legal requirements, claiming the necessary allowances and deductions to ensure you pay the correct amount of tax.
For those of you that have buy to let properties, we will prepare a Rental Income and Expenditure Account to determine the taxable profits, after deducting allowable expenditure and allowances, for the year.
Trust Tax Returns (SA900)
We will prepare and file the Trust Tax Return and also the Certificate of Deduction of Income Tax (R185).
To discuss your requirements contact us now.
Personal Tax Planning
We tailor make a tax planning programme specific to your circumstances, enabling the team to structure your affairs in a tax efficient way, maximizing your income and protecting you from potential future tax liabilities.
HMRC have, in recent years, been increasing the number of tax investigations they undertake. Many individuals and businesses believe that this will not apply to them, however, if you submit a self-assessment tax return or file company accounts, you are at risk of a potential investigation.
These can be costly, time consuming and stressful. We take the hassle out of any HMRC enquiry and deal on your behalf.
Our specialist team, which include ex-HMRC inspectors, will ensure that all investigations are wrapped up as quickly as possible, leaving you to focus more on business matters.
We also encourage our clients to take out our Tax Investigation Protection Insurance which covers the cost of dealing with tax investigations.
Inheritance Tax Planning
Often referred to as the only voluntary tax in the UK. If you do not consider inheritance tax planning, your assets and entire estate could be subject to 40% tax.
Our Inheritance Tax planning service will look at ways to minimize or even eliminate the tax altogether by tailor making a solution for you and your family ensuring that your estate and beneficiaries are protected now and in the future.
Capital Gains Tax
If you sell an asset or even transfer it to a connected person, you may be liable to Capital Gains Tax.
Our tax experts can advise on all Capital Gains Tax related matters including examining a range of tax reliefs, exemptions, transferring assets, gifts and the timing of a disposal.
Capital allowances are designed to reduce your taxable profits.
There are a range of allowances available, from Annual Investment Allowances to allowances on Integral Features.
Our experts will endeavour to claim the maximum allowances possible, helping to reduce your tax liabilities.
Research & Development Tax Relief and Tax Credits
Does your company carry out research and development?
If so, you may be eligible for R&D tax credits, which can either reduce your tax bill or increase taxable losses.
There are two schemes for claiming relief, depending on the size of the company or organisation:
ο The Small or Medium-sized Enterprise (SME) Scheme; or
ο The Large Company Scheme.
We can advise you on Patent Box as well as help you to claim Research & Development Tax Relief making the whole process smoother and simpler.