We can help you to shave your tax bill:

• Preparing income
• Corporation tax computations
• Preparing tax returns
• Corporation tax self Assessments

Make sure that your payroll and tax returns are compliant with all the necessary regulations, call:

01985 213130

Rely on us for taxation services and advice

As experienced tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions and risks and rewards, in order that you can plan ahead and conduct your affairs in a tax efficient way. This may include some highly specialised solutions provided by carefully vetted third parties.

Self Assessment tax services

Under both personal and corporate tax Self Assessment, the legal responsibility for correctly calculating the tax liability falls on you. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your tax liability and keep you informed of future payment dates and amounts.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective tax planning can also result in significant improvements in your bottom line.

With HMRC’s drive towards a quarterly digital tax reporting system for everyone, we will be there to support our clients ensuring compliance whilst minimising the additional amount of work required to report four times a year rather than one.

Estate planning

Few of us like to think about our own mortality, however the relevant legislation requires us to plan well in advance. This means making the necessary provisions now. There are many tax opportunities available and the earlier arrangements are made, the greater the chance of taking full advantage of our complicated tax system.

It is important when planning to transfer an estate that adequate provision is made and getting the right balance requires considerable skill and foresight – along with a detailed knowledge of the current tax regime.  We provide a discreet, comprehensive estate planning service through our associated company PG Legal Services Limited.As corporate members of the Legal Services Guild we are qualified Barrister Intermediaries and have direct access to over 400 Barristers and Queen’s Counsel, a source of specialist advice only traditionally reserved for solicitors.

Life is full of “What Ifs”. In discussing your needs we ensure you are fully aware of the consequences of your wishes and have solutions to ensure your legacy is fully protected from sideways disinheritance or external creditors. We help you secure this with the LSG Legacy Plan™. This is a modular plan that protects your wealth both during your lifetime and beyond.
This includes:

• Help with planning and reviewing a will
• Complete will writing and probate service
• Making full use of exemptions and lower tax rates on lifetime transfers
• Optimising lifetime transfers between family members
• Transferring agricultural or business property
• Transferring assets into trust
• Arranging adequate inheritance tax liabilities

LSG are not only focused on legacy planning, the wide range of Barristers available to us mean we can provide you with any legal service you may require, be it shareholders agreements, business buy and sell agreements, contract issues, litigation and divorce. In fact any legal requirement you may have can probably be dealt with by our team of Barristers. Just ask for details.

We also have expertise in dealing with trusts; a relatively easy and 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.