Butcher & Co

Self Assessment Tax Returns for either Income or Corporation Tax

Income Tax Self Assessment can be a complex administrative burden for many people or companies. To avoid penalties, it's important that :-

1. Returns are correctly completed.
2. They are filed on time.
3. All backup records are retained for the appropriate period of time.

All forms of Self Assessment

The first and major rule of self assessment is that H M Revenue and Customs are always right and never make mistakes - well that is what they like to think and it is important that you have someone at your side who knows better.

We will complete, from the information you give us, all the necessary tax forms, computations and the tax returns. We calculate your tax liability and advise you on when and how much tax you need to pay. If you are a large enough business we will also advise on any quarterly instalment payments.

We will correspond on your behalf with the revenue taking the worry away from you

The enquiry powers and penalty regimes of HMRC are increasing all the time and expert advice and assistance is now crucial.

As well as completing your income or corporation tax return, we can provide you with advice on your tax position and the planning opportunities available to you including advice on tax efficient profit extraction strategies for owner managers.

VAT Returns

We complete VAT returns in good time to ensure you avoid any penalties. The returns can be completed from us doing the bookkeeping or we can take your books and complete the returns from there.

With the requirement of more and more interaction with VAT and Tax authorities on line we will also simply submit without comment for you as some of the government websites are not the easiest to interact with

Alternatively, training can be provided in completion of VAT returns.

In addition we can assist with...

1. Applying for VAT registration
2. Advice on the VAT schemes suitable to your business
3. VAT planning
4. Dealing with any contentious disputes that arise with Customs.
5. Attendance at VAT inspections.
6. Representation at VAT tribunals.