Self assessment

Self assessment

Self assessment can be a time consuming and often confusing business for busy individuals.

And judging by the hundreds of thousands of taxpayers who are penalised by HMRC each year it can also be very costly if:

  • Deadlines are missed
  • Incorrect returns are submitted
  • Records are not retained appropriately

We aim to save you all these headaches and free up your valuable time by offering a comprehensive Individual Self Assessment service, including:

  • Liaising with your bank, stockbrokers etc to gather the relevant data for your annual returns
  • Calculating your tax liability
  • Completing and filing your tax return on your behalf
  • Advising you when various payments are due and how much to pay
  • Advising on appropriate record retention
  • Introducing you to any relevant tax saving ideas
  • Representing you in the event of any investigation by HMRC

Contact us today to discuss how we can help you with your self assessment.

 

 

Personal tax planning

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We offer a specialist personal tax planning service tailored to your individual needs including:

  • Advice on minimising all personal taxes, including:
    • Income tax
    • Capital gains tax (CGT)
    • Inheritance tax
    • Non-domiciliary taxes
  • Completion and filing of relevant returns
  • Advice on what payments are due and when

Your personal Tax Adviser will also be available to advise on issues such as:

  • How best to handle benefits such as company cars and accommodation
  • Whether directors should be paid by salary or dividend
  • How to minimise CGT liability on disposal of assets
  • How to optimise your tax position when living or working abroad

Contact us today to discuss how we can help you manage your personal finances more effectively.

VAT

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VAT is one of the most complex tax regime with a risk of businesses inadvertently overpay or underpay their VAT liability.

We provide an efficient cost effective VAT service, which includes:

  • Assistance with VAT registration, and advising upon whether voluntary registration should be considered
  • Advice on VAT planning and administration
  • VAT control and reconciliation
  • Help with completing VAT returns
  • Planning to minimise future problems with HMRC
  • Negotiating with HMRC in disputes

Contact us today for a VAT health check.