Corporate Tax
It is a requirement that every business prepares tax computations based on their annual accounts
which must be filed with the tax authorities when Tax Returns are submitted.
By including tax relief for all relevant expenses and capital expenditure these computations can reduce your business' corporation tax liability. They also ensure that your business pays the correct amount
of tax by excluding any spending which is disallowed by the tax regulations.
There are a variety of additional Tax returns which businesses must complete and file with the
Inland Revenue and Customs & Excise each year in connection with PAYE, National Insurance and
VAT.
Heavy fines and penalties can be imposed if your Returns are not accurately prepared or filed on time.
Mark J Rees can assist your business by:
- completing and filing business Tax Returns
- preparing and submitting end-of-year payroll Tax Returns
- intermediating in any disputes with the tax authorities
With HMRC’s ever increasing revenue targets, it is a fact that businesses are now more likely than
ever to face an enquiry. Please ask us about our ‘Tax Compliance Service’ for peace of mind in the
event of your business being subjected to the high costs associated with a tax enquiry.
Planning & Advice
Through forward planning and organising your business affairs in the most tax-efficient manner your
tax bills can be minimised.
Compliance Reviews can be undertaken to ensure that penalties are avoided for technical breaches of PAYE and VAT regulations.
Intervention by tax professionals during a tax authority investigation generally results in a favourable settlement.
Mark J Rees can assist your business by:
- Tax planning and negotiation with the tax authorities
- PAYE and VAT Compliance Reviews
- Investigations into tax and duties paid in the past
For more information please contact Richard King on his direct line 0116 2229710; alternatively please send Richard an email.
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