Taxation

Taxation is becoming an ever more complex area.

Sooner or later in business you will encounter most, if not all, areas of taxation.

The major areas covered by taxation are as follows:

Income Tax ~ Assesses tax on the income of individuals and partnerships

National Insurance ~ Assesses tax on the income of individuals and partnerships

Corporation Tax ~ Assesses tax on the income of limited Companies

Value Added Tax ~ A tax on selling

Capital Gains Tax ~ Tax on gains realised on the sale of assets

Inheritance Tax ~ Assesses income on the value of your Estate

Our taxation service aims to ensure that your tax affairs are fully and accurately dealt with on a timely basis.

All returns are accurately compiled to ensure that you fully disclose all relevant incomes. All returns are submitted to the relevant authorities to comply with statutory deadlines You are made fully aware of both the amounts and due dates of payment of your tax liabilities to enable you to plan how to meet them.

The submission of inaccurate or late returns and the failure to pay tax on due dates can and does lead to both penalties and interest being charged.

Your tax liability is kept to a minimum within the law.

We keep your tax affairs constantly under review, particularly in light of changes in tax law, to ensure that all claims and elections are made such that you only end up paying the minimum tax that you need to.

Planning for the future.

We aim to be proactive in helping you plan your affairs to minimise the long term tax impact.