Tax & VAT

Our accountancy team provide tax advice and tax planning to clients covering VAT, Capital Gains Tax, Business Income Tax, Corporation Tax and Personal Income Tax. Each of these demands individual knowledge and expertise.

The following is a summary of taxation services we can provide:

New Businesses

  • Tax implications of different types of business structure
  • VAT registration and Making Tax Digital thresholds
  • Correct registration with HMRC for Tax and National Insurance

Businesses employing people or about to start

  • Taxable status of staff – self-employed or employed staff
  • IR35 rules
  • Employer registration with HMRC
  • Payroll and Auto Enrolment compliance
  • National Insurance tax breaks for employers
  • Benefits in Kind

Self Employed and Sole Traders

  • Allowances and deductible expenses
  • Completion and submission of self-assessment tax returns
  • IR35 rules
  • Agent for HMRC

Growing Businesses

  • Maximising the use of capital allowances
  • Obtaining tax relief on research and development expenditure

Owner Managed Businesses

  • Tax efficient ways to minimise Income Tax and National Insurance liabilities
  • Increasing net personal income
  • Tax efficient exit strategies

Need a hand?

Whatever type of business you run, If you need advice with any tax or VAT issue or for assistance with tax planning for your business contact the team at First Call on 0117 379 0810

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