1 in 3 people pay too much tax!!!
Attention All Non Clients!
Even if you are not a client of ours you can take advantage of our TAX REDUCTION REVIEW. Our independant review can highlight areas in which you or your accountant may not be aware of.
We use sophisticated models to analyse all aspects of your tax/financial position and give you a report detailing how much you could be saving. We've helped many businesses save paying unnecessary taxes or maximising tax credits claims and we can help yours too.
Our fee for this is only £149 and if we cannot find a saving for you we will waive the fee so you win either way!
Taxation & Tax Planning
Tax Compliance
Tax savings are the core of all our professional services!
Individuals & Businesses of all sizes are subject to a number of complex taxation regulations and responsibilities. Our objective is to relieve you of the paperwork in completing self assessment forms and checking tax demands, and more importantly, advise on planning your affairs so you can take maximum advantage of all available tax planning opportunities.
With our expertise, we will ensure that you comply with all Statutory obligations and time limits, and will advise on any areas in which you can minimise your tax liability or even get a refund!.
Tax Calculation, Preparation & Submission of Self Assessment Tax Return
We specialise in all aspects of taxation including:
- Business tax
- Income tax
- National Insurance contributions
- Tax Credits
- Capital gains tax
- VAT advice
- HMRC Enquiries & Investigations
Following the calculation of your tax liability, we will submit it online to HMRC ensuring no deadlines are missed.
We have the expertise and software to take the headache out of the numerous form filling and compliance aspect of self assessment. We can complete returns, calculate liabilities and advise on exactly when to make payments and how much to pay.
Capital Gains Tax
When a capital asset is sold, the gains are subject to capital gains tax. There are capital expenses claimable, tax-exempt bands and technicalities in computing these taxes.
Capital gains tax can be complicated, with so many exemptions and reliefs available. On the positive side, this makes it possible in many cases to reduce or even eliminate a potential tax liability, provided you know your way through this particular 'minefield'. We can advice you on the best way to deal with the sale of an asset in order to minimise or avoid capital gains tax.
Corporation Tax
If you run your business as a company, you will be liable to Corporation tax. The company profits need to be adjusted for tax purposes. Only tax allowable expenses are permissible to be deducted from the income of the company.
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on organisations themselves. We understand the issues facing owner-managed organisations and we can prepare 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 you minimise corporate tax exposure and relieve the administration burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in the organisations financial position.
We ensure that all necessary adjustments are carried out and all tax reliefs are utilised. We provide tax services on utilisation of all tax deductible B-I-K's, capital allowances on assets, reimbursements made to employees for mileage/petrol payments, gifts to family members etc.
You can take advantage of paying yourself dividends from your business instead of a salary, but you may take better advantage of paying yourself both a dividend and a salary, which will both be subject to income tax.
Why pay more tax when you can pay less? You only need to give us a call. Let us deal with it on your behalf.