BUSINESS TAX AND TAX ADVISORY SERVICES
Our tax specialists have your commercial and personal tax needs covered. We can ensure your business tax compliance and create a tax plan that’s tailored to your unique circumstances to maximise your personal wealth and reduce your tax liabilities.
TAX COMPLIANCE
Self-assessments, corporate tax and VAT returns can be time-consuming and require knowledge to ensure you’re getting every benefit that is available to you.
We can take care of all of your HMRC filing responsibilities to free up your time to manage other important business matters.
We’ll be your trusted guide on all things from year end tax returns to more complex tax efficiency advice, tax planning and even company restructuring.
Whether you’re a sole trader, limited company or partnership, our experienced accountants offer a range of business taxation advice that considers your business objectives.
TAX FEE PROTECTION SERVICE
Tax investigations can be costly and our expert support in dealing with these is not included in your normal accountancy fees. Spending a small amount now on our Tax Fee Protection Service means that you will receive complete support if HMRC targets you; we will manage your investigation from start to finish and you will not need to worry about the cost.
TAX ADVISORY
Our tax experts work with you to understand every aspect of your personal and business finances before developing a plan to mitigate your tax liabilities, maximise your wealth and achieve your objectives. We can support you over the long-term or provide guidance to address an immediate short-term concern.
We are there for you at every life stage, whether you are preparing for education or planning your retirement, caring for your family and loved ones along the way. We advise on an extensive range of issues including pensions, investment, lifestyle protection, business ownership, structure and exit strategies. Some of our services are outlined below.
TAX ADVISORY SERVICES
Company restructures
As your organisation evolves and grows, your operational structure may need to change. Our team provides transparent advice to support you with any required transitions, and ensure that the timing of any changes is appropriate to maximise the financial benefits.
Capital Taxes
Advice related to the disposing of, or gifting assets.
Employee Benefit Trusts (EBT)
Advice on the tax issues related to an EBT and help to navigate related HMRC rules.
Enterprise Management Incentives (EMI)
An EMI scheme can be a great option for incentivising your top talent and retaining key employees. We can discuss your options, support the implementation of your EMI scheme and ensure that it operates as it should.
VAT
We will ensure that you remain compliant with HMRC rules surrounding VAT, and that your organisation structure is suitable for maximising tax relief.
Tax Credits and Reliefs
Advice on reliefs such as Research and Development or Creative Industry Schemes. We will identify any opportunities and manage your application.
INHERITANCE TAX PLANNING
An Inheritance Tax plan will ensure that, following your death, your estate will pass on to the beneficiaries of your choice with minimal deductions from HMRC.
If you own property, overseas assets, or your estate is large and/or complex then you’ll benefit from an Inheritance Tax plan that reduces your tax liability and maximises the wealth you pass on to your family and loved ones. This can be done in a variety of ways.
Our tax experts can help you to navigate this complex issue and secure a plan that best suits your circumstances, putting you in complete control of your estate.
Taxation News and Case Studies
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Spring Budget 2024 Summary Report
A summary report from Parsons, Chartered Accountants covering the key announcements from Chancellor Jeremy Hunt's Spring
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What should I do if I am targeted by a tax refund scam?
HM Revenue and Customs (HMRC) warns that tax refund scams have increased following the January 31
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Autumn Statement 2023 Summary Report
A summary report covering the key announcements from Chancellor Jeremy Hunt's Autumn Statement 2023.
