Taxation Services

Our taxation services include dealing with the computations and returns for:

• corporation tax;
• income tax self-assessment;
• partnerships;
• estates, trusts and settlements;
• PAYE, national insurance and the Construction Industry scheme;
• Forms P11D reflecting benefits in kind and expenses paid; and
• VAT.

As well as dealing with the standard compliance issues of notifying chargeability to tax and completing and filing tax returns on your behalf, we will calculate the your tax liability (or the business’s) and advise you what is payable and when.  Where appropriate, we can advise on reducing payments on account.

We can help with registering you or your business in the first place and guide you through the requirements if you start to employ staff.  Our payroll bureau service can help as well.

Avoiding the penalties and interest that can arise if tax is paid late or returns are not filed on time can be as valuable as planning to avoid tax later, especially for greater peace of mind.

Advice on mitigating tax can be provided, especially long-term planning to avoid capital gains tax and inheritance tax.  Helping to structure deals in the most tax-efficient way is part and parcel of what we do.

We can help with any enquiries HM Revenue & Customs might raise, including income tax, PAYE, VAT and corporation tax enquiries.

Undertaking a PAYE/national insurance health check can be particularly useful in identifying the risks of claims for failure to account for benefits in kind, gifts and personal expenses, and in helping to determine the status of staff in cases where there is doubt whether they are employed or self-employed.  We can also advise on PAYE settlements.

Contact Sean Egan on 01628 626333.