As a business owner it is your legal responsibility Under Corporation Tax Self Assessment (CTSA), to correctly report your tax. Lets us worry about your tax returns so you don’t have to. We will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments due.
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.
Self Assessment form filling can be time consuming so let us do it for you. As well as ensuring your self assessment administration is compliant, we can provide you with practical advice on personal tax and the planning opportunities available to you.
Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
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 compliance can be an administrative burden. We can help to ensure that you are compliant. To help you, we provide an efficient, cost-effective VAT service, which includes:
- VAT registration
- advice on VAT planning and administration
- advice on which scheme to use
- VAT control and reconciliation
- compile and submit VAT returns
- planning to minimise future problems with HMRC
- negotiating with HMRC in disputes and representing you at VAT tribunals if necessary.
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance.
If you are the subject of an investigation, we can provide expert help and support.
With the increased risk of such investigations it may be worth considering taking out our 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.