TaxationWorking closely with you to ensure you pay the minimum tax.

As tax advisers basedin Helston, our objective is to work closely with you to ensure that you pay the minimum tax required by law. We will help you to understand the tax implications of your actions so that you can plan ahead and conduct your affairs in a tax efficient way.

Corporation tax services

As with all our taxation services, our focus is on planning and organising your affairs so that your business and personal tax liabilities are kept to a minimum.

Increased reporting obligations and investigation policies coming from the tax authorities combined with harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation.

Personal Tax (including sole-traders and partnerships)

We have wide experience of all the taxes that could impact on your affairs from income tax and national insurance to capital gains tax, inheritance tax and stamp duty.

Self Assessment

We can provide you with practical advice on your personal tax position and the planning opportunities available to you. We complete tax returns, calculate liabilities and advise on exactly when to make payments and how much to pay. Our service means that you will no longer need to worry about complying with the complex rules of self-assessment; just leave that to us.

Personal tax planning

We subject every clients affairs to the same thorough review, every year, based on procedures built up over many years experience so that all clients benefit from everything we’ve learned.

Estate planning

Few of us like to think about dying but early tax planning brings peace of mind and can make a dramatic difference to the tax paid at death. There are many opportunities available and the earlier that arrangements are made the greater the chance of taking full advantage of our complicated tax system.

However, it is also important that adequate provision is made for the surviving spouse and other family members and getting the right balance between this and achieving the best tax result requires considerable skill and foresight – along with a detailed knowledge of the current tax regime. We provide a discreet comprehensive estate planning service that includes:

• help with planning and reviewing a will;
• making full use of exemptions and the lower tax rates on lifetime transfers;
• optimising lifetime transfers between family members;
• transferring agricultural or business property;
• transferring assets into trust; and
• arranging adequate life assurance to cover potential inheritance tax liabilities.

VAT

Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

• assistance with VAT registration;
• advice on VAT planning and administration;
• use of the most appropriate VAT scheme;
• help with completing VAT returns;
• planning to minimise future problems with HMRC; and
• negotiating with HMRC in disputes.

HMRC Investigations

Being the subject of a tax investigation by HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a random basis; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, or employer-related investigations into PAYE and P11D compliance. If you are about to be the subject of an investigation, we can provide expert help and support.

Tax protection

We also offer tax investigation insurance to all our clients that covers the additional accountancy costs that arise from an investigation by H M Revenue and Customs.