Planning & Compliance

The inception of self assessment for individuals and partnerships has brought increased burdens on all taxpayers as it is now your legal obligation to meet the deadlines imposed by the legislation and avoid unnecessary fines and interest charges.

Simon Coles & Co offer professional experience in this field and we can help you to meet all of your tax obligations whether you are a private client, a sole trader, a partnership or a Company Director.

Our range of services includes the following;

• Preparation of personal and partnership returns.

• Correspondence with the Inland Revenue and dealing with any enquiries from them under the self assessment legislation.

• Tax efficient remuneration planning.

• Planning advice on disposal of chargeable assets to maximise Taper relief and utilisation of roll over and hold over reliefs.

• Planning advice in respect of tax savings schemes such as The Enterprise Investment scheme or Venture Capital Trusts.

• Advising sole traders and partnerships on their business structures and planning incorporation if it is tax advantageous. 

• Liaising with solicitors for Will planning.

If you wish to know more about our tax service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please contact us.