Self assessment and tax inquires
Where personal tax affairs are concerned Peters & Co can make a real difference.
One of the key things that differentiate Peters & Co from our competitors is that we are qualified to deliver the same high levels of tax advice as you might expect from one of the major accountancy firms and our service is much faster and far more cost effective.
In fact where we act for both the personal and business affairs of a client we can deliver exceptional value – which is particularly relevant for owner managed businesses.
Our services cover:
- Advice on minimising tax liability for all personal taxes, including:
- Income tax
- Capital gains tax (CGT)
- Inheritance tax (IHT)
- Completion and filing of relevant returns
- Advice on what payments are due and when
- Reclaim all Construction Industry Scheme (CIS) tax repayments on your behalf.
At Peters & Co, your personal Tax Adviser will also be available to advice on issues such as:
- How best to handle benefits such as company cars, car fuel, medical insurance etc.
- How to minimise CGT liability on disposal of assets
Rental Accounts & HMRC
HMRC has been enquiring on landlords who have not been submitting tax return on their rental income. Whether you have recently been requested to provide information on rental earnings by HMRC, or not, you would still be required to submit self-assessment on your rental earnings. Peters & Co is able to assist you in providing information required by HMRC.
General Tax inquires
In addition to the penalties for the late filing and payment of tax, HM Revenue & Customs reserves the right to conduct an enquiry into your tax affairs.
Peters & Co can help you to ensure that the tax enquiry process runs as smoothly as possible, and that any tax liability is mitigated. If it transpires that a meeting becomes necessary, our client care programme is centred on ensuring that HMRC receive the information they require in a format which restricts unnecessary time wasting, therefore bringing the enquiry to a speedy conclusion. This leaves you free to concentrate on your business.
Peters & Co has the depth of experience to successfully negotiate with HMRC on your behalf – we believe that professional representation is vital. Our dedicated team can alleviate the burden by offering specialist support and advice during the enquiry process, covering such areas as:
- Income tax
- PAYE, NICs and benefits in kind (P11D)
- Employment status
- Corporation tax
- Personal service companies
- Property Rental Accounts
Peters & Co can liaise with HMRC on your behalf, and to negotiate the level of any outstanding tax and penalties.