Complying with tax legislation
Corporation tax represents a substantial part of your trading costs.
Moreover, the increased reporting obligations, robust investigation policies of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the government.
We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:
Determining the most tax effective structure for your business
Taking full advantage of tax opportunities and reliefs
Achieving the optimum capital or revenue tax treatment
Reducing tax on disposals and maximising relief on acquisitions
Making the most of tax opportunities specific to your industry
Meeting the rigorous demands of compliance, including corporation tax self assessment
Acting on your behalf in discussions with the tax authorities
Efficient corporate tax planning can result in potentially significant improvements in your bottom line.
VAT Compliance
The complex regime of regulations imposes a tremendous administrative burden on businesses.
It is vital that you keep up to date with the raft of new legislation emanating from Europe and the UK in relation to VAT.
Our cost-effective VAT compliance and planning services can relieve you of this burden.
Our team of VAT professionals will help to keep your VAT affairs in order, make sure you are collecting the right amounts for each transaction, and ensure that you file returns correctly and make payments on time.
We can also advise on the international aspects of VAT and IVA, including requirements to register overseas. We will be able to introduce you to our overseas associates if you require assistance in other European countries.
Insights and latest news
Effectiveness of OTS set to be reviewed by Treasury
The call for evidence also asks stakeholders whether they believe the OTS is sufficiently independent from the government, and whether it has the correct breadth of expertise on its board.
Data finds HMRC received 91,000 calls to report fraud in first months of pandemic
'With so many fraud allegations being made to HMRC during the COVID-19 crisis, there is no doubt that many of them will end up being false,' said Kevin Igoe, Managing Director at PfP.
UK economy shrank 1.5% in first quarter of 2021
School closures and a large fall in retail sales earlier in the quarter dragged down economic growth, said the ONS. The economy is now 8.7% smaller than before the pandemic.