Tax -
Corporate Tax
The UK business tax system is widely seen as one of the most complicated in the world and it is therefore important that clients get the right tax advice to ensure that they pay the correct amount of tax. Our specialist tax department, led by the partners of the firm, work to ensure that your business tax affairs are up to date and that the tax bill is kept as low as possible, ensuring that the reliefs and allowances are fully utilised.
There are strict deadlines with regard to the filing of the corporate tax returns and payments of any tax that is due and with Self Assessment it is extremely important that they are filed on time and the correct amount of tax is assessed first time. The penalty regime for late or incorrect filing can now be quite harsh.
Our team uses the best available software to ensure that your business tax affairs are dealt with quickly and efficiently and with their extensive knowledge of the legislation that the correct amount of tax is paid.
Tax planning is a vital and ever increasingly important part of the service we provide and regular reviews of the overall tax position are undertaken and often will highlight areas where savings can be made.
If you are planning significant transactions, please let us know and discuss them with us, as the way that they are dealt with, or their timing, can be crucial to determining the amount of tax that may be due.
Profit extraction from the business is also a key area of our planning and review, and advice in this area can often result in substantial tax savings.