Tax Planning & Compliance

The more you pay in tax, the less you keep for yourself and your family.
Yes, an obvious statement but with good tax planning you can keep more of your hard earned cash.

With extra cash, you will find it easier to have and do what you want in life.
You could save for a rainy day or early retirement, or buy that dream home, new car or pay for the childrens education, starter home or first car?

 

Tax can be a substantial cost to profitable businesses and individuals.
These costs include the tax itself as well as the costs of complying with reporting obligations, dealing with enquiries from the tax authorities and penalties for non-compliance.

We can help by relieving you of the administrative burdens and can advise you on how to minimise your tax liabilities.

If you are starting out in business we can help you ensure that all of the initial registration requirements are met and help you to plan for future liabilities by explaining the tax system in plain language. We can provide you with a report on all of the tax consequences for any particular transactions you are considering with suggestions for mitigating liabilities.

 

We would welcome the opportunity to discuss how we can help you.
For a FREE initial consultation, please either call 01865 379272, or click here to complete our contact form.

 

You can obtain advice on a wide range of topics including:

Business Tax Planning and Tax Strategies

  • Pre-Year End Tax Planning
    We recommend a review of the company's position shortly before the accounting date to advise you of the tax saving measures that can be put in place before your year end to mitigate the company's and your personal tax liabilities.
  • Tax strategies
    At Chapman, Robinson and Moore we actively investigate opportunities to take advantage of advanced tax mitigation, reduction and elimination strategies .  As part of our wide range of services available, we have arrangements allowing our clients to access through us the services of the country's leading providers of innovative tax strategies which can offer significant tax savings in all areas of taxation, such as income tax, profit extraction from your company, capital gains tax and stamp duty.  Please see our Tax Mitigation Strategies page to see some of the tax planning strategies we can source for you.  Please note that due to the nature of tax law the available strategies are constantly changing so please contact us with your particular requirements.

 

Capital Gains Tax
Whether you are selling shares, property or other assets we can explain how capital gains tax works, calculate the liability and advise you of any reliefs available to reduce the bill.

 

Corporation Tax
To comply with your corporation tax obligations we will prepare the company tax computation and tax return, submit these with your accounts to the Inland Revenue and advise you of corporation tax liabilities due. We will point out any opportunities for savings, from claiming additional reliefs to restructuring your affairs in a more tax efficient manner.

We can, at your request, conduct a review of the company's position shortly before the accounting date to advise you of any tax saving measures that can be put in place before your year end.

 

HMRC Enquiries
Enquiries into your tax affairs by H M Revenue & Customs can be a very intimidating experience.  The Revenue is entitled to enquire into your tax affairs at random, and as such, they never say why they are investigating.

Their random enquiries are generated by computer so they may investigate without even a suspicion of anything being wrong, but none of this eases the stress.

We can help by acting as an intermediary between you and the Revenue, reviewing their interpretations of your financial transactions as well as their interpretation of tax law.

We will handle correspondence with the Revenue, keeping you informed at all stages, and negotiating on your behalf so as to minimise the disruption to you.

Take pre-emptive action now and subscribe to our Tax Investigation Fee Protection Service to ensure you are fully represented in the event of an enquiry without having to worry about the cost of the support in defending you and minimising any tax demands made. Enquire about this service by clicking here.

 

Income Tax / National Insurance
We can prepare your Self Assessment Tax Return and calculate liabilities to income tax and national insurance each year. We will advise you of the due dates for payment and we will point out any opportunities for savings, from claiming additional allowances or credits to restructuring your affairs in a more tax efficient manner.

 

Inheritance Tax
Even after changes and anti-avoidance legislation in recent budgets, there are still a number of actions you can take to make sure more of your estate reaches your desired beneficiaries rather than the treasury. Contact us to arrange a free initial review.

 

International Tax Planning
We are experts in advising non-UK domiciled individuals in all areas of taxation on coming to and leaving the UK.  We can also advise those who have lived in the UK all their lives, who suddenly find themselves with an opportunity to work outside the UK.

We can give you the basics of the tax system in the country you are travelling to, keep your UK tax affairs in order while you are away and make contact with advisers in your destination country who can advise you on the local position.

 

Stamp Duty
Stamp duty applies to certain share transactions, while transactions in property is now subject to Stamp Duty Land Tax.  If you have a transaction in mind (whether a sale, purchase, gift or company restructuring) we can advise you of the tax due, the reporting requirements and offer advice on how to keep the tax charge as low as possible.

 

Value Added Tax
We will assist in the preparation of VAT returns, advise on the rules and assist with VAT visits and the response to queries. We will advise on elections such as option to tax, use of specific schemes and assist with any other VAT matters.

 

We would welcome the opportunity to discuss how we can help you.
For a FREE initial consultation, please either call 01865 379272, or click here to complete our contact form.