Unfortunately, tax affects everyone as individuals and businesses. Through proactive tax planning, we can help minimise this burden and ensure you are only paying what you are liable for.
By getting to know our clients, we are able to look at the wider picture to ensure you organise your affairs in the most efficient manner.
Business Tax
We help businesses of all sizes and sectors to maximise bottom-line performance by reducing the overall tax take, while alleviating the increasingly heavy regulatory burden. By giving clients greater awareness of their tax position and enabling them to operate as tax efficiently as possible, we create significant long-term cost savings.
We deal with all aspects of compliance including:
- Preparation of corporation tax computations
- Advising on the tax and deferred tax provisions required in the financial statements
- Completion and submission of the corporation tax returns
- Assistance with HMRC enquires
- Advising on quarterly payments
Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. Completing even a simple Tax Return can be complicated, especially given the ever-changing rules and regulations. In addition, HMRC can charge hefty penalties for incorrect returns.
Here at MPH, we can complete your Tax Return for you, including preparation of any associated year end accounts, calculating any tax liabilities which are due, filing with HMRC online and also advice on any tax reliefs which may be available to you.
Inheritance Tax
No one wants to think or talk about death, however quality Inheritance Tax planning can give peace of mind, in knowing that any tax liabilities left after you’re gone are kept to a minimum.
Trusts
We also have expertise in dealing with trusts; a very tax efficient way to set aside assets for future beneficiaries outside the inheritance tax net. We can advise on the most suitable type of trust to fulfil your wishes, assist in setting up the trust and provide the full range of accounting services required for trust management.
HMRC Investigations and Enquiries
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. MPH has the experience and expertise to guide you smoothly through the whole process and outline our findings and your options in simple terms.
Tax protection
With the increased risk of such investigations it may be worth considering taking out our annual insurance 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.