Lanham Accountants

Enquiries:

01799 530223

info@lanham.co.uk

Corporation tax

Corporation tax

As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.

HMRC Investigations

If your Company is the subject of a tax investigation by the HMRC it can be a stressful and worrying experience. With the onset of corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations. If you become the subject of an investigation, we can provide expert help and support.

Tax Protection

With the increased risk of tax investigations it may be worth considering taking out our annual fee protection policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial.

Require more information?

If you would like more information or would like to ask us a question please call us on 01799 530223 or email info@lanham.co.uk.