Taxation

Benjamin Franklin first stated back in the eighteenth century that the only two certainties in life are death and taxes. Sadly, time has not improved matters and the tax system that we must contend with is becoming ever more complex, with increasingly harsh penalties for non-compliance.

Businesses face tax bills from many different directions, not just Corporation Tax, but VAT, PAYE and National Insurance as well. It is essential therefore to ensure that each is considered carefully, to make sure that your business meets its statutory obligations whilst minimising your tax liability. We can conduct a full review of your business to determine the most efficient tax structure for you and optimize the use of any available reliefs, losses and deferment opportunities, very often resulting in considerable tax savings and significant improvements in your bottom line. With our knowledge and experience in the intricacies of both VAT and payroll matters we can provide advice and guidance on matters from the Flat Rate Scheme and voluntary registration to statutory maternity pay, P60s, P35s and incentive schemes, reducing the burden to your staff.

Personal tax should not just be a once a year consideration. Income Tax, Capital Gains Tax, Inheritance Tax, the applicable returns and knowing when each falls due for payment is a minefield to juggle, but careful consideration can ensure that your affairs are arranged in the most advantageous way for you, not the Government! There is far more to the area of personal tax than simply ensuring your completed returns are submitted on time; we aim to remove the mystery from the regime and to ensure that you pay only what you have to, when you have to.

• Contact us to find out how we can improve your tax situation and reduce your tax bills.
• Corporation Tax
• PAYE and National Insurance
• Value Added Tax
• Intrastat Submissions
• Income Tax / Self Assessment Returns
• Capital Gains Tax
• Inheritance Tax and Estate Planning
• Trusts
• Tax deferral