With this section please could we extend to include the following content and subheadings:
Income tax reviews
There are a few ways that you can reduce your income tax bill and those include: making pension contributions, providing gift aid contributions, equalising the income between spouses or civil partners, and Enterprise Investment Scheme investments. Our specialist tax advisor will ensure you are one step ahead and highlight what you need to do to reduce your income tax liability.
Self Assessment tax return completion and submission
Our self-assessment tax services will ensure you meet all tax compliance obligations and provide accurate tax returns and on time whether you are a partnership. We can prepare your personal tax return by collecting your tax information either via email, accounting software or paper based records and filing your return with HMRC on your behalf. We will deal with any claims for allowances, reliefs and dispute resolutions where appropriate.
Capital gains tax planning & disposals
Capital gains tax is generally applied on the selling, gifting or disposal of assets if they have increased in value since receiving them. However, there are many tax relief opportunities where exemptions can be applied and claimed.
Without the correct advice you can miss many planning opportunities to reduce your capital gains liability. In most cases properties are chargeable assets unless they are exempt.
With investment in real estate the need for property accountants who can advise on your property tax positions is near essential. Our specialist adviser can help to transform your property investment into a top-performing asset. With advice on fund structuring, acquisition and disposal planning, property tax, stamp duty land tax, capital allowances and ongoing tax compliance for residence and non-residence.
As a sole trader, working for yourself as a non-limited entity means that you are the business, and for those with little or no accounting experience, keeping on top of your finances can be a big challenge and time-consuming. In a world of increased compliance and regulations, it is crucial your accounts and liabilities are up to date and accurate.