Personal tax compliance and planning
Tax is a key issue for every individual. At the same time, the Government’s quest for simplicity often results in extra layers of complexity.
At Simon Coles & Co, Central London Chartered Accountants, we understand that our clients’ business and personal financial lives are closely linked. We also understand that the process of completing an annual personal tax return can be complex and time-consuming.
Getting to grips with HM Revenue & Customs (HMRC) requirements and ongoing changes to tax legislation – with the risk of falling foul of a tough penalty regime for failing to return tax returns on time or correctly – means that it’s a wise move to work with tax professionals.
Whether you are a private client, a sole trader, a partner in a business or a company director, we can save you time and worry by handling your self assessment for you.
When you use our cost-effective service, we will do the necessary computations for you, complete your return and offer advice on how you can minimise your tax liability, through making full use of all the reliefs and allowances to which you are entitled.
In making sure that we provide you with cost-effective tax planning advice, we can also explore a comprehensive range of tax issues, including:
- tax-efficient remuneration
- capital gains tax planning to maximise use of reliefs
- inheritance tax.
By acting as your agent for tax matters, we can ensure that any queries and all correspondence with HMRC are properly dealt with on your behalf.