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Taxation

As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Corporation Tax Services

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

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. Effective corporate tax planning can also result in significant improvements in your bottom line.

Personal Tax (including sole-traders and partnerships)

We are specialists in income tax, capital gains tax and inheritance tax.

Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal Tax Planning
Today, more and more emphasis is being put on taxpayers' individual responsibilities and 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.

Estate Planning
Few of us like to think about dying, however the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system.

It is important when planning to transfer an estate that adequate provision is made and getting the right balance requires considerable skill and foresight – along with a detailed knowledge of the current tax regime. We provide a discreet comprehensive estate planning service that includes help with planning and reviewing a will and making full use of exemptions and allowances where possible.

We can also assist with trusts which are a commonly used method to set aside assets for future beneficiaries. Despite the changes made to the taxation of trusts in the 2006 budget, they can still be useful. We can advise on the most suitable type of trust to fulfil your wishes, recommend appropriately qualified advisors to assist in setting up the trust and provide the full range of accounting and tax services required for trust management.

VAT

Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

• Assistance with VAT registration
• Advice on VAT planning and administration
• Use of the most appropriate scheme
• VAT control and reconciliation
• Help with completing VAT returns
• Planning to minimise future problems with Customs & Excise
• Negotiating with HMRC in disputes and representing you at VAT tribunals if necessary

HMRC Investigations

Being the subject of a tax investigation by the HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual's Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.

Tax Protection

Investigations and disputes with HM Revenue & Customs (formerly Inland Revenue and Customs & Excise) can be distressing, disruptive and expensive. You and/or your business could easily be chosen at random, and the necessary fees to ensure you have the right support and representation for this ordeal can be very expensive, even if at the end there is no extra tax to pay.

We therefore provide protection for you using fee protection insurance which covers you and your business for our fees, up to a maximum of £75,000 per claim, in the event that you experience a full enquiry, aspect enquiry or dispute with the tax authorities.

We also provide insurance cover for the cost of Employment Tribunal representation costs and awards as well as the legal costs of defending a Health & Safety prosecution. It is available to subscribers to the fee protection policy only who employ up to 20 employees.

As is usual with all insurance policies, terms and conditions do apply.

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