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Planning future tax payments and being aware of current and potential tax liabilities is an important matter not to be taken lightly.
Our tax team can work with you to discuss your aims and objectives.
Planning future tax payments and being aware of current and potential tax liabilities is an important matter not to be taken lightly.
Our experienced tax team deal not only with tax compliance which is a regular matter but also tax planning. The stability of the capital tax system in relation to Capital Gain Tax and Inheritance Tax that we have enjoyed in past years has disappear of late through ever changing rules.
Whether planning for short term transaction such as a sale of a second home or the long term future of your business or your personal or family wealth, our tax team can work with you to discuss your aims and objectives and to draft a plan for the future that can be monitored and adapted over time.
We are also offer support to other firms of accountants as a sounding board for some of the more complex tax situations.
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HMRC have proposed a new criminal offence for making reckless, untrue statements or declarations about what's known as 'direct taxes' - Income Tax, National Insurance and the like. For Customs and Excise and VAT ('indirect taxes'), it is already possible to prosecute individuals who make untrue statements or submit incorrect documents either knowingly or recklessly, without the need to prove dishonesty. The penalties for such offences can be severe, including substantial fines and imprisonment. The direct tax regime does not currently contain an equivalent offence.
