We are big fans of harnessing the latest technology to drive our service forward.
By using Cloud accounting software, and having live, up to date, financial information it allows us to provide a proactive service, giving instant support, management reports and making real-time recommendations, based on up to date figures.
We are experienced users of cloud-based accounting systems and can assist you with choosing and implementing your solution.
We work with both Xero and FreeAgent Cloud Accounting Software, and have extensive experience of various Add-ons (third party software & services) that integrate with Xero and FreeAgent further streamlining your processes.
Divorce & Matrimonial Disputes
We are often instructed to act as expert accountants to assist when a couple is going through a divorce in a number of ways:
General financial advice
Completion of Form E
Tax advice on the timing of a disposal of assets to ensure all the available tax reliefs are utilised. We also advise on the most tax efficient method of a spouse making a settlement to minimise income tax liabilities.
Many of our clients are passionate about philanthropy – and so are we.
In today’s complex world, providing for charities across borders is a real challenge. We are experienced in all aspects of tax efficient charitable giving.
Philanthropy and charitable giving can also play a major role in overall estate planning.
We can make sure you maximise the benefit of any charitable provisions you make, whether a one-off donation, regular donations or are considering setting up a charitable trust.
With the current economic uncertainty, we can assist businesses that are facing financial difficulties to re-structure and weather the storm by advising on cutting costs, minimise outgoings, re-finance loans, deffer Tax payments and access the various strands Government help available.
Residence & Domicile
Your Tax residence and your legal domicile can be a tricky topic when it comes to protecting personal wealth. That is because your domicile and tax residence status can impact any tax, trust and succession planning you undertake. We can assist in the following ways:
Determining your UK Tax Residence status
Determining your Domicile
Assist with filing the relevant UK tax forms
Personal income, capital gains and inheritance tax planning, to help mitigate risk and tax liabilities now and for future generations
Review the UK tax implications of employment contracts, and applying for overseas workday relief where applicable, to minimise tax liabilities.
Assist resident non-domiciled individuals to assess the financial implications of paying the annual £30,000 remittance charge versus paying tax on worldwide income and capital gains
Setting up a Charity
With our experience we can assist you to choose the best structure for your charity, or re-organise your existing structure, be it a trust, CIO or Charitable Company.
We can also take care of registering the Charity with both the Charity Commission and HM Revenue & Customs.
R&D Tax Credits
Research and Development (R&D) tax credits can help to significantly reduce your tax bill, while simultaneously allowing you to develop your R&D activities. Many companies do not take full advantage of R&D tax credits as they can be complicated to understand and to apply for. We can help ascertain if you are eligible for R&D tax credits and apply for this relief for you.
IHT, Wills, Trusts & Estates
Are you worried about Inheritance Tax? Are you worried you haven't made a Will? Do you have a trust? Are you thinking of setting up a trust?
If yes, We have the expertise to help you.
Using our vast tax expertise we can:
Complete inheritance tax returns and forms.
Prepare capital gain calculations and explain how to reduce this tax cost.
Advise on Wills and how to reduce the inheritance tax paid by your estate.
Advise on trustee’s duties and on the transfer of assets out of a trust.
Obtain IHT refunds on losses made on the sale of inherited securities within 12 months of an individual’s death.
Deal promptly and accurately with trust tax returns and accounts.
We have a wide variety of expertise in trusts and estates. We can deal with both onshore and offshore trusts.
Running a Charity
We can assist Charity Trustees with the ongoing compliance requirements of running a charity:
Preparation of Accounts
Audit or Independent Examiners Reports
Filing of Annual Returns with the Charity Commission
Submission of Gift Aid repayment claims
Payroll services for charity staff
Freelancers & Contractors
As Contractor and Freelancer specialists we can provide a complete personalised fixed fee service, designed to support you and make the administration as painless as possible including:
Preparation of Company Accounts
Preparation of Company Tax Returns
Access to our accounting platform
Personal Tax Return
Landlords & Property Investors
We are specialist property accountants with in depth knowledge of accounting issues surrounding property investment, property development, property dealing. We can assist in a number of areas:
Capital gains tax advice and planning
Income Tax returns
Stamp duty & land tax (SDLT)
Value added tax (VAT)
Tax efficient structures & strategies
Non-resident landlord scheme