Tax Return Headache?
We can complete your tax return on your behalf making sure that it is complete and accurate, calculate your tax liability and advise you exactly when and how much to pay.
If your income has reduced we can also claim to reduce your payments on account.
Overpaid tax? We can get you a refund.
If you are a student, someone who worked only part of the year, or lost/did not get your p45 when changing jobs, you may have paid too much tax! We can help you claim your refund. Each person is entitled to their annual personal allowance (£6035 for 2008/09) and if you have worked only part of the year, part-time or did not provide your employer with the correct forms, you may have overpaid tax, especially as the increased allowance did not happen until September 2008.We can claim your tax refund on your behalf for a low fee of only 8% of the tax refund (minimum fee £50). Why not contact us today by email or calling 01226 379000?
Tax Planning.
As it has famously been said, Tax is one of life's certainties. However, with the right advice, you can minimise it and pay no more than you are legally obliged to pay. If you are an owner-director of a limited company we can help you to plan when to take profits from your company to reduce tax and national insurance. A tax planning review in February prior to the end of the tax year is included in our cost effective, fixed fee.We can advise you on the various allowances and reliefs that you can claim to minimise your tax liability. Good news for our self-employed and corporate clients ... our fees are tax deductible.
Selling your business?
If you are selling the shares in your business, it is a trading company, you subscribed for the shares and it has been trading for over 2 years, then you can claim Entrepreneurs relief to reduce the tax payable. Contact us for further details.
Do you have shares in a company in administration/liquidation?
You may be able to offset the loss you have made on these shares aginst other income. See our free guide at tips.hrbs.biz/limited-company/claim-a-tax-refund-for-your-failed-company/ for more information.Please contact us if you wish us to deal with the negligible value claim on your behalf .
Capital Gains Tax.
You will no doubt be pleased to hear that there is no capital gains tax due when you sell your main home as long as it has been used as your private residence for the entire period of ownership. If your circumstances are different, please contact us, as there are various reliefs available which we may be able to apply to your particular situation to minimise your tax payable. The capital gains tax exemption for 2008/09 is £9,600 [2007/08 £9,200] .If you have a second property, please contact us for advice. We can help you to minimise the tax payable should you sell the property for a profit.
Corporation Tax.
Corporation tax is due 9 months and 1 day after the end of the accounting period. The company's corporation tax return is due within 12 months of the accounting period end. At HRBS, we submit all of our client's tax returns online and the costs are included within the company's agreed, fixed fee. Click here for a guide to our cost effective fixed fees.
Our commitment to our clients.
We aim to provide you with a tax efficient service that will enable you and/or your business to meet its obligations to HMRC and save you money by ensuring that all allowances are claimed and that you are kept up to date with changes in legislation. In order to do this, we rely on our clients providing us with complete and correct accounting records. Our FREE online accounting software helps us to help you throughout the year at no extra cost.All costs quoted exclude VAT.
Contact us on 01226 379000 or click the online help icon above to find out more or send us an email .
Thank you for for taking the time to visit HRBS.biz . We look forward to working with you.
