Taxation & VAT
If you consult us with regard to taxation matters our obligation to you is simple - to keep you right and ensure that you pay no more than the minimum tax which you are properly required to pay.
UK tax can be fearfully complex, even for very small businesses. Our staff are experienced and expert in many areas of tax work and you benefit by gaining peace of mind.
See our guides to self employment and limited companies for a description of how your taxes are charged.
- If you are obliged to complete and submit a Self Assessment Tax Return, perhaps as a result of your income level or because you have a property income source, we offer an inexpensive but thorough Tax Return Completion Service.
- As part of attending to your affairs we will review any PAYE Notices of Coding and check they are reasonable for your circumstances as well as ensuring that you obtain all the reliefs to which you may be entitled.
- Many people own properties which they let out. Taxation of property income can be surprisingly complex and valuable reliefs are commonly lost (and equally commonly, wrongly claimed).
- Value Added Tax was introduced into the UK in the early 1970's as a "simple tax". And in theory it is. Unfortunately in practice too often it is subject to many uncertainties and requires extreme care in its application. Penalties are severe and certain types of business and property transactions require the most careful consideration.