We deal with other personal tax compliance as the need arises, including dealing with national insurance contribution matters, inheritance tax reporting and calculating capital gains tax liabilities. Our annual service goes beyond filling in the forms and we critically review tax returns to see if they fit in with what we already know of our clients. We aim for earlier provision of information which means that we can work with you to take steps to manage your cashflow if your tax situation changes.

Tax planning is a core activity of the firm. Our staff are all aware of the impact of tax on commercial transactions. Our tax department gives specialist support to our staff and to clients as soon as we are aware there is a tax implication. The complexity of legislation now requires specialist tax planning to enable our clients legally to minimise their exposure to all taxes.

Planning for the future is important. There may be key staff that you are keen to retain, aiming to attract investment to take your business to the next stage of it’s development, or looking to exit the business and bring through the next generation. We can provide professional advice to work towards most outcomes whether it be through the implementation of a Share Options scheme or utilising Government incentive led schemes like Seed Enterprise Investment Scheme (SEIS) or Enterprise Investment Scheme (EIS), among other possibilities.

By working closely with clients we frequently identify areas of their business that may be eligible for government reliefs. One of the most beneficial reliefs is Research and Development Credits. Small companies working with us who have invested in R & D have obtained substantial refunds from HMRC. 

In the increasingly complex tax environment VAT can be the dark horse, place of supply rules and the timing of supply can provide traps for businesses. We can provide advice, including ways to manage liabilities, for those seeking to complete their own returns or provide the full service of collating all relevant information up to the point of submission.