View our Offices
Stanhope House

Taxation

We provide a full range of taxation services to our clients, both corporate and individual. We have a separate, dedicated tax department specialising in all aspects of taxation, thus assisting us in the provision of this most important service.

The increasingly hardening attitudes of the relevant authorities towards taxpayers means that more and more pressure is being exerted to ensure that their affairs are in order and that the correct amount of taxation is paid on time. The rights of the authorities to issue penalties continue to be extended.

We are here to help our clients negotiate their way through the documentation and legislation, to plan their strategies carefully in advance and to ensure that correct declarations are made within the framework of the statutory timetables.

An Illustration of the Taxes Covered by Department

Go to:

Personal: self assessment income tax and national insurance

Our services will include:

  1. Assistance with the gathering of the information necessary for the SA Return.
  2. Completion and filing of the Return with HMR&C.
  3. Calculation of the tax payable together with the dates on which the amounts are due.
  4. Checking HMR&C assessments received
  5. Corresponding with HMR&C where necessary
  6. Planning for future tax bills including advising on the best tax efficient ways to receive income and benefits
  7. Telephone availability of our taxation department and Directors to deal with queries throughout the year.
  8. Provision of firm quotes of our fees to be agreed in advance of the services being provided.

Personal: Capital gains tax / Inheritance tax

Our services will include:

  1. Detailed planning meetings to discuss the implications of both these capital taxes.
  2. Detailed forecasting of the taxes payable and of the timing of the payments.
  3. Preparing the calculations and submitting them to HMR&C.
  4. Agreement of the liabilities with HMR&C assessments.
  5. Assisting in the drafting of clauses to be included in wills, advising on the taxation implications of the will clauses, valuing business assets, advising on the ownership effects, ensuring gifts exemptions are properly exercised.
  6. Planning for future tax bills including advising on the best tax efficient ways to arrange the assets.
  7. Telephone availability of our taxation department and Directors to deal with queries throughout the year.
  8. Provision of firm quotes of our fees to be agreed in advance of the services being provided.

Limited Company Taxes

Our services will include:

  1. Initial assistance in deciding whether trading with a limited company is best for the participators.
  2. The calculation of a company's corporation tax for the inclusion in its annual accounts.
  3. Preparation of corporation tax return and submission of the return to HMR&C.
  4. Planning for future tax bills including the distribution of profits to Directors and shareholders
  5. Planning for the acquisition of new trading assets including the tax allowances effects of the purchase.
  6. Defining an exit strategy for the shareholders taking into account the various taxes involved
  7. Telephone availability of our taxation department and Directors to deal with queries throughout the year.
  8. Provision of firm quotes of our fees to be agreed in advance of the services being provided.

TAXATION VAT

Our services will include:

  1. Registering the business for VAT ensuring that the correct scheme is applied for together with the most beneficial periods of returns.
  2. Providing training in the necessary intricacies of the tax— what is needed to be kept? How to calculate the VAT on sales? How to work out the VAT included in payments? What is the difference between "standard", "zero-rated" and "exempt" supplies?
  3. Assisting in the setting-up of relevant book-keeping systems that comply with the regulations—if required actually undertaking the record keeping ourselves (See Book-keeping section).
  4. Calculation and completion of periodic VAT returns or the review of returns completed to ensure that they are in accordance with the regulations and the records.
  5. Provision of specific advice regarding specialised areas of VAT legislation, for example regarding property acquisition and development where the cost of VAT can effect decisions to proceed or reviewing the VAT schemes being used as to their suitability.
  6. Building into forecasts the cashflow effects of VAT receipts and payments to ensure that funds are available when required.
  7. Telephone availability of our taxation department and Directors to deal with queries throughout the year.
  8. Provision of firm quotes of our fees to be agreed in advance of the services being provided.