Direct taxes, mainly consisting of Income Tax, Corporate Tax, Capital Gains Tax, Inheritance Tax and National Insurance are becoming areas of greater scrutiny by HM Revenue & Customs. It is therefore more important than ever to ensure that your tax affairs, or those of your business, are kept up to date and are dealt with in an appropriate manner.
If you are a personal higher rate tax payer, a director or operate a sole trade business, you will be required to complete a tax return annually under self-assessment.
If you own a company, or if you are a partner in a partnership or member of an LLP, your business will be required to report its profits to HM Revenue & Customs on an annual basis.
If you are an employer, this will include ensuring that your payroll is maintained correctly and that all employee benefits are properly recorded and reported.
We have extensive experience of providing a range of support and advisory services for personal and business clients. All our directors are familiar with the taxation aspects of small and medium sized businesses and can advise personal and business clients on all tax issues.