Specialisms

Property

We are specialist property accountants with in depth knowledge of accounting issues surrounding property investment, property development, property dealing. We can assist in a number of areas:

  • Tax efficient structures & strategies
  • Capital gains tax advice and planning
  • Income Tax returns
  • Stamp duty & land tax (SDLT)
  • Value added tax (VAT)
  • Capital allowances
  • Non-resident landlord scheme

Tax Planning & Advice

Individuals

We offer a bespoke personal tax planning service tailored to your individual needs. We can advise on the following areas:

  • Making optimal use of all your tax allowances and reliefs
  • How to minimise your UK liability, we cover all UK taxes
  • Pre-clearance of disposal of property or investments
  • Relocating to or from the UK

Companies

We can conduct a full tax review of your business with the aim to improve your bottom line. We can advise on the following areas:

  • Determine the most efficient tax structure for your business
  • Determine the most tax efficient way remunerating Directors and employees
  • Make the most of any available reliefs, tax losses and deferment opportunities
  • Minimise tax liabilities on the disposal of assets

Residence & Domicile

Your Tax residence and your legal domicile can be a tricky topic when it comes to protecting personal wealth. That is because your tax residence status and domicile status can impact your tax position and succession planning. We can assist in the following ways:

  • Determining your UK Tax Residence status
  • Determining your Domicile status
  • Application of RDR1, RDR3 and RDR4 HMRC Guidance
  • Tax Compliance for UK Tax Residence Non-Domicile persons
  • Help to mitigate risks and tax liabilities
  • Review the UK tax implications of employment contracts, and applying for overseas workday relief for senior executives
  • Unwinding mix funds of income and capital for remittances
  • Assessing the financial implications of the remittance charge versus paying tax on worldwide income and capital gains

HMRC Enquiries

HMRC Enquiries

If you have received a letter from HMRC stating that they want to look into your taxes and see if everything is in order they may just be looking for clarification, or perhaps might want some supporting documentation.

A tax investigation or HMRC enquiry into an individual’s or company’s tax return. Tax officials can open a variety of enquiries into a taxpayer’s affairs, ranging from a general enquiry to an aspect enquiry, to a tax fraud investigation. 

We are experienced in handling HMRC tax investigations. We will work with you to obtain the facts and guide you through the process and liaise with HMRC. We will ensure the very best outcome and if there are penalties, that you receive due mitigation.

The Worldwide Disclosure Facility

WDF is service which HMRC provide that enables taxpayers to voluntarily report any non-compliance with offshore income and gains regarding their international financial interests. This facility is open to individuals, companies, and trustees, regardless of whether they are residents in the UK.  

Through the Automatic Exchange of Information agreements between the UK and other countries and Common Reporting Standard, HMRC obtains financial data from over a 100 countries. This data is used to cross-reference with the financial declarations provided by taxpayers in the UK, to identify possible non-compliance in relation to offshore income and gains.

If HMRC have sent you a letter, do not to ignore it, since there might be information about your offshore interests which HMRC suspect irregularities in relation your UK tax return.  We are experienced in dealing with WDF submissions and would be happy to speak to you.

Inheritance Tax Planning

Inheritance Tax is an area of tax that requires constant review, even if you have already made plans. We can help ensure the wealth you create benefits you and your family and those whom you wish to pass it on to. 

Planning for the future is essential to minimise potentially significant Inheritance Tax liabilities. We can assist you with Inheritance Tax planning. This can be part of an overall tax planning strategy or to help plan how to pass on your wealth including your business and foreign assets. We can:

  • Review your IHT position
  • Prepare calculations and explain how to reduce this tax cost
  • Tax plan your assets transfers

Cloud Accounting

We are big fans of harnessing the latest technology to drive our service forward.

By using Cloud accounting software, and having live, up to date, financial information it allows us to provide a proactive service, giving instant support, management reports and making real-time recommendations, based on up to date figures.

We are experienced users of cloud-based accounting systems and can assist you with choosing and implementing your solution.

We work with both Xero and FreeAgent Cloud Accounting Software, and have extensive experience of various Add-ons (third party software & services) that integrate with Xero and FreeAgent further streamlining your processes.

Freelancers & Contractors

We are Contractor and Freelancer specialists, and can provide a complete personalised fixed fee service, designed to support you and make the administration as painless as possible including:

  • Preparation of Company Accounts
  • Preparation of Company Tax Returns
  • Access to our accounting platform
  • Payroll
  • VAT
  • Dividend planning
  • Personal Tax Returns

Divorce & Matrimonial

We act as expert accountants to assist in Divorce and Matrimonial Disputes in a number of ways:

  • General financial and tax advice
  • Business valuations
  • Completion of Form E
  • Tax advice on the timing of a disposal of assets to ensure all the available tax reliefs are utilised. We also advise on the most tax efficient method of a spouse making a settlement to minimise income tax liabilities.