Tax Compliance Services
Tax will always be part of our lives, however that does not mean that you should pay more than you have to. Using our expertise and experience we can advise on how to arrange your affairs in the most tax-efficient way.
We will work with you to reduce the burden of complying with the tax legislation and will deal with HMRC on your behalf making sure that tax returns are prepared and submitted and correspondence dealt with correctly
and efficiently to avoid penalties, interest and any other problems.
- Completion of personal tax self-assessment returns
- Calculation of payment on accounts
- Completion of corporation tax returns
Personal self-assessment tax returns
We aim to take the stress out of completing your personal tax return. We will do this by completing your return in a timely and efficient manner to ensure that it is submitted to HMRC within the statutory filing deadlines. We will also keep you fully informed of any tax payments which are due.
We will provide you with a fixed fee for the preparation of the return wherever possible so that you know in advance how much it will cost for us to complete your return.
We will also take a pro-active approach to advising you on ways to mitigate your income tax liability including:
- Maximising expenses and reliefs which can be set against your income
- HMRC approved plans such as Enterprise Investment Schemes (EIS) and Seed Enterprise Investment Schemes
- Pension contributions
Payments on account
Many taxpayers are required to make “payments on account” in relation to their income tax liabilities. If you are not on top of your personal tax affairs these payments can come as a surprise creating cash-flow problems or missed altogether resulting in interest and penalties being charged by HMRC.
We will calculate your payments on account for you and let you know how much these are and when they need to be paid well in advance of them being due so they can be budgeted for and interest and penalties avoided.
Corporation tax returns
Keeping corporation tax to a minimum is a key priority of many companies. Keeping the tax bill as low as possible requires careful navigation of your business finances, such as: deferring income or profits, bringing forward costs, taking advantage of statutory reliefs such as R&D tax credits and capital allowances, investing in green technology and VAT planning.
Planning ahead and staying on top of your potential liabilities can help you to avoid any unexpected surprises at the end of the tax year.
Our services include:
- Preparation of annual corporation tax returns
- Handling any related HMRC correspondence
- Reviewing your company’s tax position and advising on ways to mitigate your tax exposure
- Providing advice on director’s remuneration and dividend payments
Speak to us about your tax affairs today.