As tax advisers, our objective is to work closely with you to ensure you pay the right amount of 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. In addition to the specialist advice we offer on the corporation tax reliefs for R&D and the Patent Box already mentioned, our business tax services include:

Corporation tax compliance

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 if these are required.

The increased reporting obligations, information gathering powers, 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.

Corporation tax planning

Effective corporate tax planning can result in significant improvements in your bottom line. We can advise you on the planning opportunities arising from your existing position, and working with you proactively, on those which can be achieved in connection with your future plans.

At any point in a business’s life cycle a proactive approach to tax planning can produce tax savings across all aspects of your corporation tax affairs.

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 HMRC; and
  • Negotiating with HMRC in disputes and representing you at VAT tribunals if necessary.

HMRC Investigations

Being the subject of a tax investigation by HMRC can be a stressful and worrying experience. With the onset of 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 detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are the subject of an investigation, we can provide expert help and support.

If you would like more information on the business taxation services we provide, call us direct on 0207 292 8850. Or, if you would prefer, contact us online.