Accountants based in Dundee | UK

Taxation

Taxation photo

As tax advisers, our objective is to work closely with you to ensure you pay the correct tax required by law. We will help you to understand the tax implications of your actions, so that you can plan ahead and conduct your affairs in a tax-efficient way.

Corporation tax services

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on the business. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your attention can be diverted by the needs of tax administration. We will help to relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant tax savings.

Personal Tax (including sole-traders and partnerships)

We are experienced in income tax, capital gains tax and inheritance tax.

Self Assessment

As tax advisers, our objective is to work closely with you to ensure you pay the correct tax required by law. We will help you to understand the tax implications of your actions, so that you can plan ahead and conduct your affairs in a tax-efficient way.

Corporation tax services

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on the business. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your attention can be diverted by the needs of tax administration. We will help to relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant tax savings.

Personal Tax (including sole-traders and partnerships)

We are experienced in income tax, capital gains tax and inheritance tax.

Self Assessment

We have the expertise and software to assist with all aspects of Self Assessment. We can provide you with practical advice on your personal tax position and the planning opportunities available to you. We can complete tax returns, calculate your tax liability and advise you when to make payments and how much to pay.

Personal tax planning

Taxpayers need professional advice and support if they are to avoid paying excessive amounts of tax, and to ensure they meet their compliance requirements. We can provide you with year-round advice on all aspects of personal taxation.

Estate planning

In these matters it is prudent to plan well in advance. This means making the necessary arrangements now. There are many tax opportunities and pitfalls, so we recommend that you structure your affairs in such a way as to avoid the pitfalls, and regularly review these arrangements.

Our service covers:

  • making full use of exemptions and lower tax rates on lifetime transfers;
  • optimising lifetime transfers between family members;
  • transferring agricultural or business property;

VAT

VAT compliance can be a time-consuming administrative process.  We can help to ensure that you comply with the regulations and that your VAT returns are correct. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

  • assistance with VAT registration;
  • advice on VAT planning and administration;
  • use of the most appropriate scheme;
  • VAT control and reconciliation;
  • help with completing VAT returns;
  • planning to minimise future problems with HMRC; and
  • negotiating with HMRC in disputes and representing you at VAT tribunals if necessary.

HMRC Investigations

Being the subject of a tax investigation by HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01382 454057. Or if you would prefer, ask us a question online.

Why you should choose us...

We aim to understand our clients’ businesses and to add value, help improve profits, and encourage growth. Alba offer a personal service at a reasonable cost.

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