Tax

We all understand the necessity of paying tax, self assessment for example, but no-one needs to pay the taxman more than he is owed

An accountant sat at a desk ready to help with your self assessment

Our tax returns service ensures that you pay the correct amount of personal self assessment and business tax on time so that you don’t incur any late penalties.

And to ensure you take advantage of the many tax savings available to you, our tax planning service will provide you with a range of options to help you hold onto more of the money you have worked hard to accrue.

Tax Planning Checklist

The team at Hayward Wright has compiled the following checklist of the key investment and tax planning ideas that you should be considering.

Click here to download

Green Tax Guide

Why should businesses go green?
The evidence of the impact of human activity on the environment is clear to see. beyond the desire to save the environment, there are a growing number of financial incentives and reasons why businesses should become more environmentally friendly.

Green Tax Guide Download

The team at Hayward Wright has compiled the following guide that will show you the reliefs and steps that you can take to go green and reduce your tax burden in the process.

Click here to download

This year was our first year of our tax return and Chloe reached out to me explaining absolutely everything. She didn’t have to do that, it was amazing!

– Vicky Harris, Watts Carpentry Ltd

Corporate tax returns

Corporation Tax represents a substantial part of your trading costs. Additionally, the increased reporting obligations combined with HMRC’s robust investigative powers and harsher penalties for non-compliance mean that you can end up spending time and resources collecting revenue for the Government.

To help remove this burden from your shoulders, we offer a full tax returns service which includes:

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 sector

Acting on your behalf in discussions with HMRC

Meeting the rigorous demands of compliance including corporation tax self- assessment

Personal tax returns & Self Assessment

With the tax regime becoming ever more complex and more emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advice and support to optimise their tax position and ensure they meet all the compliance requirements.

Our tax specialists are able to provide you with year round support with:

A self assessment accountant sat at her desk

Income Tax

Inheritance Tax

Stamp Duty Land Tax (SDLT)

Capital Gains Tax

Trusts and estates

Non-domiciliary tax issues

A chartered accountant sat in front of a laptop

Tax planning

|

“You must pay taxes but there’s no law that says you gotta leave a tip!”

–  Michael Magnusson

Not everyone is aware that they have the right to arrange their personal or corporate tax affairs in a manner that will minimise the amount of tax they pay.

If you are unsure whether you are paying too much business or personal tax, we’re here to help.

From the most simple ideas such as timing of asset purchases or Capital Gains Tax disposal to more complex planning, our experts can provide you with advice on the best options to meet your business and personal circumstances.

Our tax specialists are able to provide you with year round tax advice on:

Non-resident trusts to safeguard business property relief for trading companies and sheltering capital gains

Pension solutions that can, through asset control, provides access to your pension during your working life and can help to avoid tax charges on death

Asset disposal to minimise your tax liability

Inheritance Tax (IHT) planning to reduce or eliminate sizeable IHT duties on large estates

Purchase planning that may avoid Capital Gains Tax or advance expenditure planning to help reduce Corporation Tax

Remember – every pound of Income Tax you save means more income at your disposal, every well planned disposal will reduce a capital gains liability, and every Inheritance Tax saving means more benefit for your beneficiaries.

Make sure you take full advantage of the tax saving opportunities open to you. Get in touch with us now to find out more.

you may also be interested in…

Payroll

Our payroll services include all online submissions to HMRC.

Tax Returns

We offer services for both corporate and personal tax.

Finance Advice

Trusted advisors that can help with a range of financial advice queries.

Business Advice

We provide a range of management consultancy & professional services.

Property Tax

Our tax specialists can provide year-round tax advice on: Property investments, Sales and Transfers

LET'S HAVE A CHAT

To see how we can help you & your business give us a call on 01527 69321 or