UK Tax Advice Specialists
Advisory for Corporates and Individuals
Certified Accountants
Advisory for Corporates and Individuals
Advisory for Corporates and Individuals
With the UK claiming the largest tax code in the world, we understand how important it is for both individuals and corporates to receive bespoke tax advice to ensure mitigation and compliance.
HMRC Enforcement and Compliance, acting under the mantra ‘fairness for everyone’ continue their targeted measures of clamping down on deemed tax evasion, tax avoidance and non-compliance.
Through its ever expanding team of compliance officers, HMRC aim to reduced a perceived ‘tax gap’ and recover an additional c.£5bn each year.
We have tax advisers in London, Essex and Manchester, who are able to provide bespoke advice and compliance services. We can offer either as a standalone Advisory engagement or advice as part of our monthly fixed fee engagements to ensure you are not in breach of the rules, whilst taking advantage of all reliefs and allowances legally available to you.
We provide advice covering most aspects of taxation, including:
We provide tax advice and compliance services for individuals required to report under the Self Assessment regime.
Our tax advisers will determine options for mitigation and will ensure you only pay tax which is legally due.
Tax planning is not something that can be achieved retrospectively. to get the best results it is essential you contact us as soon as possible to discuss your requirements.
With CGT rates as low as 10%, capital gains can be an advantageous area for planning and mitigation.
CGT is an area of tax frequently fettered by government and with a landscape of changing tax rules and hurdles, client confusion is plentiful. The implications of getting a CGT declaration wrong can be a costly mistake.
We provide tax advice and planning around capital gains under a specific advisory or recurring monthly engagement. In certain scenarios, we can obtain pre statutory approval guaranteeing the tax position of a transaction prior to execution, this removes uncertainty in an area where the numbers are often significant.
Through our network of Insolvency Practitioner partnerships we provide a one stop shop for corporate liquidations giving company directors access to Entrepreneurs Relief or Business Asset Disposal Relief as it is now called, providing a 10% tax rate on the release of accumulated company reserves.
With the rise in ‘Tax Shaming’ the media have been keen to highlight the corporation tax liabilities of some of the UK’s largest corporates, and with Facebook paying just £4,327 in corporation tax in 2014, Amazon paying just £1.8m corporation tax on £3.35bn of revenue you can quickly see how planning in this space can prove effective!
It should be noted, no company listed above has breached any law, they have simply utilised the legislation to their benefit.
We provides planning and compliance services for SME’s to ensure they are only paying the Corporate Tax which is legally due.
We can review you position and provide advice on tax mitigation and structures to ensure you are operating efficiently and utilising all reliefs and allowances available to you.
Corporation tax planning and mitigation is not only for corporate behemoths, we specialise in providing bespoke tax advice and innovative solutions to small and medium sized limited companies.
We ensure you are aware of the latest tax incentives, reliefs and credits available and help you implement them with strategic planning.
VAT in some aspects can appear the most simple of taxes, given that it is levied on goods and services as opposed to income or profit, however that said, the courts are always busy with VAT cases and if you get it wrong, not only can the tax owed be devastating, there is often no recourse to customers in order to retrieve any output VAT not collected.
We provide advisory and compliance services in relation to VAT, covering all aspects of a businesses operations.
We can advise on a single transaction or on your VAT position as a whole. VAT rules and requirements are updated frequently and it is essential you remain compliant, applying the rules correctly.
We can assist you with Making Tax Digital and your obligation to report using digital methods.
VAT areas we cover are:
It’s an unfortunate truth that death will inevitably come to us all. The tax however that often accompanies the passing of a loved one need not automatically follow.
With house prices spiralling upwards, estate values can sometimes come as a surprise.
We can help you plan for the future in order to protect your estate, assets and capital enabling you to preserve your family wealth for future generations.
The sooner you start IHT planning the more beneficial the results. It can often take seven years to fully mitigate IHT liabilities.
We are able to provide advice and the practical implementation required to successfully remove assets from the charge of IHT
Employing staff is an essential step in growing your business, however it also adds an additional layer of HMRC compliance, which since 2014 carries the threat of monthly penalties should you get it wrong.
With the introduction of Real Time Information, employers are now required to report to HMRC each time they make a payment to worker or member of staff.
We are able to provide a fully integrated payroll service, providing you with weekly or monthly pay cycles, updated tax codes, digital payslips, P45’s, P60’s and monthly reporting including the calculation of statutory deductions for sick, maternity, paternity, student loans and court orders.
Our HMRC integrated software processes all RTI filing requirements keeping you compliant with the legislation, avoiding fines.
We specialise in all aspects of the Construction Industry Scheme, from registrations and sub contractor verifications to gross payment status applications and HMRC disputes & enquiries.
If you are operating as a sole trader subcontractor under deduction or a limited company contractor with gross status, it is essential you apply the CIS rules correctly and both pay, and file the required submissions, to avoid breaching the scheme rules. Get it wrong and you run the risk of fines, penalties and the loss of Gross Status.
We provide tax advice on all aspects of CIS and are able to assist with recover y of withheld tax dating back many years.
If you have any CIS issues or would simply like advice or assistance operating the scheme, we can help.
We love to hear from new clients, if you would like us to call you back, pop in your details, one of our qualified professionals will be in touch.
Jake Ashworth-Jones
19 days ago
If you're shopping around for an accountant and are, as I was, uncertain about who to go for; I can put your mind at rest and say that F9 are definitely one of the good guys! ...More