Tax Return Preparation plus tax & vat Planning Service
Tax returns
Since the introduction of self assessment there has been a tremendous shift of responsibility for filing tax returns and calculating your tax bill each year. The Inland Revenue now impose strict deadlines and automatic fines for the late submission of returns. The burden is now fairly and squarely with the taxpayer. We can ease that burden for you.
Part of our standard service includes the preparation of your annual tax return together with the calculation of your tax liabilities. We were the first practice in the area to file the returns electronically, which means if you are due a refund you will receive your cheque FAST. An added bonus is that the filing deadline remains at 31 January each year rather than October if you prepare your own paper based return.
If you simply require help with your tax return our tax shop service can provide a fixed price solution to your needs. With prices starting from as little as £95 plus VAT we can take the worry away from the completion of this complex form.
Tax and VAT planning service including tax planning schemes
Our tax planning service is an integral part of the work we do for all our clients. Our expert team includes qualified ex Revenue personnel who are fully conversant with the complex tax rules and regulations. We are always looking for ways to reduce your tax liabilities and alerting you to possible savings that can be made.
In some cases tax planning schemes may be relevant and we have access to a wide range of such schemes, including stamp duty mitigation and employee benefit trust structures to name just a couple. These will be brought to your attention where we feel they may save you money but we will be careful to ensure that you also understand the risks involved with such planning.
VAT can in some instances be more complicated than any of the other taxes, and the consequences of applying the rules incorrectly can be severe. We are able to offer detailed advice on how the rules operate and also provide a VAT health check service where we look in detail at what how you are operating the deduction of VAT and make sure you are maximising your input VAT claims.