Following are the areas we specialise in:
We can register you for self-assessment and apply for your Unique Tax Reference (UTR) number. We also specialise in preparing rental accounts for Landlords and calculate the tax due along with submitting the tax return.
Corporation tax returnAll limited companies have to file Corporation Tax return together with tax computation and accounts irrespective of profit or loss in the business. It also applies to any foreign companies operating through a UK branch or office and a club.
Corporation tax rules are very vast and complex.What expenses are allowed or disallowed can only be known by having knowledge of detailed tax rules. Being the most renowned Chartered Certified Accountant in Reading,we invest a lot on keeping ourselves updated with changes in the tax rules. We understand each business carefully so that we can minimise their tax liability.
IHT tax rules are even more complicated and require a careful planning and advice. Our tax advisor in Reading can advise you appropriately and help you avoid or pay as little as possible.
Capital gains taxCapital Gains Tax isa taxdue on the profit when you sell or dispose an asset at a higher value than it costs.
There are certain assets which are tax-free, and you won’t have to pay Capital Gains Tax. There is also a tax free allowance for capital gain tax purpose which is available each year.
If thegain amount is within the basic Income Tax band, you will pay 10% on your gains (or 18% in case of residential property). You pay 20% (or 28% in case of residential property) on any amount above this.
Capital gains computation can be very complicated and requires thorough understanding and careful planning to avoid paying too much or unnecessary tax.
Tax advice and consultationWe provide tax advice and consultation to all individuals and businesses. All our existing clients benefit from tax advice without any restriction on a number of times they can call us. We also keep them updated with recent and forthcoming changes in taxation rules so that they plan in advance and save tax.
We work hard for our client to reduce their tax bill and justify every penny of our fees.