Category: Services Page

VAT Returns getting you down?

Compliance with VAT is complex. Investigations by the VATman can be intense - all the more important that your VAT returns are completed correctly.

There are three methods we can use to assist in completion of VAT returns...

1. Let us do your book-keeping and we complete the return from there;
2. Give us your books and we'll complete the return for you;
3. Provide training on how to complete your return.

We complete VAT returns in good time to ensure you avoid any penalties.

In addition we can assist with...

• Applying for VAT registration;
• Advice on the VAT schemes suitable to your business;
• VAT planning;
• Dealing with any disputes that arise with Customs;
• Attendance at VAT inspections.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Need advice on whether to register for VAT?

For VAT registration we can assist with...

• Advising if you need to or if it would be beneficial to register;
• Completion of the VAT registration forms and formalities;
• Advising on the best VAT schemes to use suitable to your business - some you have to notify HMRC you are using and some you don't.

In addition we can assist with...

• Completion of VAT Returns or training on how to complete them;
• VAT planning;
• Dealing with any contentious disputes that arise with Customs;
• Attendance at VAT inspections.

See our VAT Helpsheets for more information.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Need help to beat the VATman?

Compliance with VAT is becoming ever more complex. Investigations from the VATman can be intense - all the more important that you have an accountant who is successful in negotiations with them.

We take best advantage of the reliefs available and the interpretation of the regulations. This is an extremely important feature of the service provided as it ensures peace of mind for all our clients.
We can help you with VAT in the following ways...

• Applying for and advice on VAT registration;
• Advice on the VAT schemes suitable to your business;
• Completion of VAT returns - either from your books or we can do the bookkeeping for you. By letting us complete your VAT return it ensures that it will be accurate and that you don't miss any opportunities to claim the VAT you should;
• Dealing with VAT control visits;
• Dealing with any contentious disputes that arise with Customs.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Worried about a VAT Inspection?

Our VAT Healthcheck service is designed to find any VAT issues before the VATman does!

Why not call us in prior to any visit?

The healthcheck can..

• Review and sample check your accounting records for errors;
• Sample test the most common errors that the VAT inspectors look for;
• Statistically analyse your completed VAT returns;
• Sample check the completion of VAT returns;
• Compare your VAT returns against your annual accounts;
• Check the VAT treatment of your sales;
• Consider whether you are making best use of relevant VAT schemes;
• Ensure you are correctly applying the rules of VAT schemes;
• Identify VAT planning opportunities.

See our VAT Helpsheets for more information.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Trusts aren't just for the very wealthy

Trusts can be used as part of a wealth protection strategy to protect assets as well as tax planning vehicles, particularly as part of inheritance tax planning.

We can advise on the setting up and running of...

• Discretionary trusts;
• Accumulation and maintenance trusts for children;
• Interest in possession trusts.

We can deal with all trust accounting and tax matters on your behalf.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Who said Tax doesn't have to be taxing?

Tax Returns can be completed for...

• Individuals and sole traders;
• Partnerships;
• Limited Companies.

The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It's important that...

• Returns are correctly completed;
• They are filed on time;
• All backup records are retained for the appropriate period of time.

As well as the completion of your return we can assist with...

• Advice on your tax liabilities;
• Negotiating with the Collector if necessary;
• Identifying suitable tax planning opportunities;
• Completing all the necessary tax computations;
• Dealing with all correspondence from HMRC, taking the worry away from you.

For more information see our ...

• Helpsheet on introduction to self-assessment.
• Personal tax organiser to help you organise your personal tax papers.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

You are entitled to arrange your affairs to pay the absolute legal minimum amount of tax

Whilst completion of tax returns and statutory tax obligations are important jobs, all accountants should be capable of completing them and advising you of your tax position and liabilities.

We try to do more than just this and are interested in maximising your tax planning opportunities.

We all have to pay our taxes but within the legal framework there are numerous ways of saving tax and making sure you do not pay a penny more than is absolutely necessary. We have extensive experience in this area of work and always fight as hard as we can for our clients.

We can help with tax planning in relation to...

• Personal taxes;
• Business taxes;
• Tax efficient employee remuneration strategies;
• VAT planning;
• Inheritance Tax strategies;
• Capital Gains;
• Profit extraction strategies;
• Exit strategies;
• Employment status;
• IR35 advice.

Apart from extensive experience in this arena, we have invested heavily in reference materials and specialist software and have access to the Tax Legislation, Tax Cases, to the internal manuals of HMRC and to detailed commentary on all taxes, direct and indirect. This allows us to research any tax topic at all and provide many ways of helping you legally save tax.

New clients are often surprised at how much can be done to help with their tax position. We are always willing to go that extra mile to offer advice on the areas where tax can be saved. We enjoy this work!

It is important that this work is done in advance and you should contact us as soon as possible.

All of our Tax Planning makes legitimate use of the Tax Legislation and Case Law, so that you are not put at additional risk from a full HMRC Enquiry, or where there are risks, these are pointed out to you.

For more information see our ...

• Special tax reports
• Tax busting checklist
• Tax calculators you can use to help you identify possible tax savings

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Worried about the accountancy fees of a tax investigation?

HMRC has powers to investigate income tax and corporation tax payers at RANDOM.
With the ever increasing risks of full tax enquiries and investigations, it's worth considering protecting yourself from the accountancy costs of dealing with it as the amount of work involved is often substantial.

You can get cover for the following...

• Self-assessment enquiries;
• VAT enquiries;
• PAYE and benefits enquiries;
• IR35 enquiries.

Even if HMRC finds nothing as a result of any investigation, you will still have unexpected professional fees to pay as a result.

We cannot prevent you from being investigated by the Taxman, but we can help to ensure that you get the best possible support and advice without having to worry about the cost.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Need help fighting the Taxman?

It is an unfortunate fact of business life that you may well come under enquiry by HMRC through no fault of your own or of your accountant. HMRC now investigates businesses at random as well as for specific reasons. A full investigation is not a pleasant experience for anyone. Without expert defence it is possible to get trampled all over.

If you are selected at random, you need an accountant who knows how HMRC works and thinks and is prepared to fight your case. We make sure that Taxman keeps to their own internal guidelines and don't over step the mark. We will talk you through the enquiry process and what to expect and support you throughout.

The Penalties

There are various penalties HMRC can seek to impose following an enquiry for undeclared income. As well as having to pay the tax, you can find them seeking penalties up to an amount equal to the tax, so doubling your tax bill. Interest on the late payment of the tax is also part of the arrangement - not a pleasant experience. We can help you minimise these penalties.

Anti-investigation Scanning Checks

Whilst with random investigations anyone can come under enquiry, you can help to avoid the chance of an investigation into your affairs for other reasons. We know the triggers that often give rise to enquiries if not fully explained to HMRC when submitting Returns to them. Every Tax Return or set of accounts we submit to the Taxman goes through an anti-investigation scanning check to identify any areas that may lead to an enquiry before they are submitted without explanation. This really does help to minimise the chances of you being on the wrong end of an enquiry.

See our special report on How to avoid and Deal with Tax Investigations.

Let us fight your corner and maximise your chances of beating the Taxman!

It's an unfortunate fact of business life that from time to time there will be disagreement between the taxpayer and HMRC. Sometimes it is the facts of the case that are in question but it is also often the legislation itself that is in question. Tax isn't always black and white and where this is the case we are happy to argue your case in the strongest possible terms.

As a taxpayer you have many rights and we will ensure they are never forgotten by HMRC.

Disputes can arise in all sorts of areas outside of full enquiries and investigations including...

• Employment status disputes;
• Repairs v capital disputes;
• Private usage adjustments;
• Capital allowances - is it plant or property?
• Settlements legislation - the classic husband and wife company scenario;
• IR35;
• Valuations for tax purposes;
• Is it a trading activity?
• VAT segregation of businesses to avoid registration;
• Employee benefit disputes.

We have the specialist tax knowledge to assist with a wide range of tax disputes.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.