Taxation

Personal Taxation: The main focus of Personal Taxation is assistance with the completion and submission of the annual Self-assessment Tax Return form, for individuals and partnerships. We generate a computerised Tax Return for the majority of our clients. See also below for Capital Taxes.

Corporation Tax: We assist with all aspects of COMPANY taxation, from preparing a tax computation to the completion and submission of the annual Corporation Tax Return (CT600). We also deal with all the paperwork required for the payment of dividends, such as minutes of meetings, dividend vouchers etc.

Pay as You Earn (PAYE): We assist our clients in meeting all their obligations under PAYE/NI. (See also our accounts preparation page). We can also help in reconciling the payroll prior to completion of the annual end of year summary P35 (for postal or "on-line" filing), preparing forms P11D (benefits in kind) and calculating tax and NI on ad-hoc bonuses to staff and Directors' fees.

Value Added Tax (VAT): We can assist you with an initial Registration Application, and the bookkeeping involved in correctly recording input and output tax (see Accounts Preparation page). We can also help in completing the Quarterly Returns or reviewing Returns completed by a client or their staff. We also advise on the VAT status of potential or actual transactions and VAT planning.

Capital Taxes and Tax Planning: We encourage clients to PLAN ahead especially for major transactions and events. This will highlight if the proposals fall into the areas covered by the main Capital Taxes (Capital Gains Tax and Inheritance Tax). It may also alert the parties concerned to the incidence of other, unforeseen, tax consequences. We welcome discussing our clients future plans and assisting them to meet their goals paying only those taxes which are unavoidable. Tax avoidance is OK, this is by planning so that un-necessary liability is side-stepped, we will never condone evasion, which is illegal.