The High Income Child Benefit Charge (HICBC) was introduced in January 2013. It relates to the clawback of child benefit for those with income in excess of £50,000 per year. Who does it apply to? [...]
Tax affects everyone. Through proactive tax planning we can help minimise this burden and ensure that you are only paying what you are liable for, giving you peace of mind.
Self-assessment tax returns are becoming increasingly complex and submitting your tax return late or incorrectly, can result in substantial penalties.
There are many reasons why you might need to complete a tax return. See our Frequently Asked Questions.
Let us navigate the complicated tax return process for you, including the completion of the tax return, filing it online before the 31 January deadline, calculating your tax liability and giving you advice on the tax payments and when they are due.
We can liaise with HMRC on your behalf and deal with any correspondence from them so that you do not have to.
Capital Gains Tax
Capital gains tax must be accounted for on the disposal of certain capital assets. This includes selling an investment property, a business or stocks and shares.
It is important to take advice both before acquiring an asset and before making a disposal. This will ensure that all exemptions, allowances and reliefs are claimed and any capital gains tax is kept to a minimum.
We can provide pro-active tax planning advice to help you minimise your tax liability.
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For most businesses, when your turnover exceeds a certain level you must register for VAT and charge VAT on all your sales. Certain businesses are exempt and therefore do not need to register. If [...]