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
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.
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.
“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:
Income Tax
Inheritance Tax
Stamp Duty Land Tax (SDLT)
Capital Gains Tax
Trusts and estates
Non-domiciliary tax issues
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