Self Assessment & other Inland Revenue Tax Returns
Under self assessment, a taxpayer has the responsibility for correctly completing a full Tax Return and settling all liabilities by the due dates. Failure to comply with this will result in automatic penalties and interest.
Our Inland Revenue tax returns service is designed to make compliance with the regulations as simple as possible for you. Our highly experienced and professional team of personal tax specialists are able to provide all the help and support you need in this area.
We offer the following range of services:
- Computerised preparation of your Self Assessment Tax Return
- Providing you with detailed Tax Return schedules
- Calculation of your tax liability for the Tax Return year
- Online submission of the completed return to HM Revenue and Customs
- Calculation of tax liabilities and advice on due dates of payment
- Claiming tax repayments on your behalf
- Checking and agreeing HMRC demands and personal tax coding
- An annual review of your tax position and advice regarding tax planning
- Specialist advice regarding Capital Gains Tax and Inheritance Tax
VAT
Accounting for VAT is becoming increasingly complex. We provide an efficient and cost effective VAT and indirect advisory service for businesses, partially exempt businesses and non-registered entities such as charities.
We also offer VAT services including registration, de-registrations and completing VAT returns.
Inheritance Tax
Proper estate planning is essential if you wish to pass on the wealth that you have worked hard to make throughout your lifetime without being subject to substantial Inheritance Tax liabilities. Making a will and careful Inheritance Tax planning can help ensure those dearest to you receive maximum benefit.
Our Inheritance Tax and estate planning services include:
- A full valuation of your estate
- An assessment of your current Inheritance Tax and potential Capital Gains Tax liabilities
- Advice on lifetime planning
- A full review of the tax-efficiency of your will
- Possible use of trusts in tax planning (taking into account the latest changes in legislation)
Personal Tax Planning
Whether you are involved in business or not, your taxation advice will benefit from wider financial planning. Our personal tax experts will work closely with you to fully understand your needs and advise you on:
- Self assessment
- Inheritance tax
- Capital gains tax
- Business exit and succession planning
- Will and trust drafting
- Trust and estate accounts and tax returns
- Mitigation of tax liabilities
- Tax efficient investment, insurance and pension planning
- Tax investigations
Corporate Tax Planning
We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. Our up to the minute taxation advice is essential for any business owner or financial manager and includes:
- Direct taxes, including tax returns, corporate tax planning
- Indirect taxes
- Remuneration and benefits planning
- Mergers, sales, restructuring
- MBOs and MBIs