We are happy to accept your records in whatever format you use, and we will then prepare your annual accounts, and your tax returns. We are registered with HMRC and Companies House to electronically file all tax returns and company accounts.
We can write up your records, or use the records you have already prepared to complete your VAT Returns. Once you have approved the return we will then electronically file it with HMRC on your behalf. We can also advise on various VAT schemes, and which may be best for you. It is often possible to reduce the VAT burden with a careful review of your overall VAT position. If you wish to do your own book-keeping, we will advise you on available systems, and can even supply you with a free of charge book-keeping system.
We can run the whole of your payroll on your behalf. You just need to give us the information, and we will process it and put it into the format required by HMRC. We will also prepare pay slips and will advise you what and when to pay HMRC. We also deal with all monthly and year end returns.
There are numerous ways of legitimately reducing the tax burden. By taking advice before entering into any transactions, it is often possible to substantially reduce your tax bill. Needless to say, we will only advise on legitimate ways of reducing tax liabilities.
Tax planning is relevant to all taxes, in particular:
Inheritance Tax to maximise the amounts available for your family
Capital gains Tax to ensure you plan matters to take advantage of all claims and elections available. For example, It is always better to plan for CGT mitigation on a future property disposal at the time of purchase rather than the time of sale.
Income Tax to ensure you have the best business structures and remuneration packages in place. There are a number of ways to legitimately reduce income tax and we can advise on how best to achieve this.
VAT planning can sometimes save many thousands of pounds, by making sure that a transaction is structured correctly. Are you using the most tax efficient VAT scheme?
Everyone dreads the envelope coming through the letterbox advising that they have been selected for an HMRC tax enquiry. However, it does happen, and not only to businesses who are on the fiddle. It is always important to be properly represented in your dealings with HMRC, and we are able to offer expert representation.
We can offer tax consultancy services to other professionals who need help in advising their clients.
We can offer advice to anyone in the process of setting up their own business. Including who you need to notify, and what you need to do. We can also assist with the preparation of business plans if required.