OUR SERVICES

Tax Advice

As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Computation of taxable income and tax and national insurance liability is straight forward for small-scale owner-managed businesses but as your business activities expand; tax planning becomes increasingly challenging.

Reconciliation of accounting and taxable profits, creating a provision for current tax and computing deferred tax liabilities is required. In addition, businesses are entitled to new tax benefits and allowances. Filing tax returns by due dates is another hassle.

We guide our clients to stay compliant.

Self Assessment

We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete your tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal Tax Planning

Today, more and more emphasis is being put on taxpayers’ individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.

VAT

Ever changing regulations and the growing demands of HMRC 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:

  • Assistance with VAT registration
  • Advice on VAT planning and administration
  • Use of the most appropriate scheme
  • VAT control and reconciliation
  • Help with completing VAT returns
  • Planning to minimise future problems with HMRC
  • Negotiating with HMRC in disputes and representing you at VAT tribunals, if necessary

Corporation Tax Services

Under the current legislation 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. 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 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 business.

Personal Tax Planning

Today, more and more emphasis is being put on taxpayers’ individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.

Tax Protection

With the increased risk of such investigations it may be worth considering taking out an annual insurance policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial.

Payroll

Reporting Real Time Information (RTI) came into effect in April 2013 and we shall file RTI on your behalf on or before the due date to avoid penalties for late submission. Also to ensure that PAYE liabilities are settled before the deadline. We can manage your payroll monthly, four weekly or weekly basis. We can setup a PAYE scheme for you and guide you through the payroll system, inform you about your obligations as an employer under the new system.

You can decide how to pay your employees (Cash, cheque or Bacs).

We can also register you as a sub-contractor under the cis scheme with HM revenue & Customs. As a limited company employer you can offset cis tax suffered against your PAYE liabilities.

Workplace Pension

The law on workplace pensions has changed. Every employer must provide workplace pension for their work force from their staging date. For further information you can download the booklet “A Guide to Automatic Enrolment”.