Given the complexity of the UK Tax system it is a necessity to get professional advice when dealing with your tax affairs. We keep abreast of the ever changing legislation in the world of taxation in order to assist you and give the best tax planning advice.
We can offer assistance in the following areas:
Self Assessment/Income Tax
We can prepare your annual self-assessment tax return and advise you on your tax liabilities to be paid or of tax refunds due.
We will at all times deal directly with the Inland Revenue on your behalf. We offer valuable tax planning advice to enable you to manage your affairs in tax efficient way and minimise any future tax liabilities. We also check, employee’s tax coding notices and advise on benefits in kind such as company cars.
We can prepare your annual corporation tax return for filing with the Inland Revenue and advise of any tax payments to be made or refunds due.
We will deal at all times directly with the Inland Revenue on your behalf.
Capital Gains Tax/Inheritance Tax
These are areas which are very complex and it is essential that you take advantage of the specialist advice that we offer. Early planning must be made in these fields of taxation to maximise the use of tax relief available.
Many businesses are not aware of when they should need to register (or perhaps de-register) for VAT. We can advise on this matter and arrange the necessary paperwork for either.
The preparation of the quarterly VAT return can be tied into our book-keeping service, or maybe you are happy with your own book work and simply want your return checking, either way, we can help.
Should you be subject to a VAT inspection or investigation we are used to dealing with HM Customs and Excise and are on hand to provide any assistance you may require.
It is essential that you keep your tax affairs in order and up to date, as the risk of not doing so will lead to the incurring of penalties and interest. Peter Hodgson & Co. will do their best to help you avoid such situations.