Self Assessment

Completing self-assessment tax forms is a long task and something that fills many people with dread. As Certified Accountants and Tax Advisers, we have lost count of the number of self-assessment forms that we have completed for our clients in Birmingham and London over the years, so let us help reduce your year-end worries. We provide Tax Return Services in Birmingham and London and all over the UK in person, on phone and online.

With many tax returns filled out incorrectly, it is clear that most people are either rushing what they do or are just not 100% sure how to complete the form itself.

By letting us take over, we can:

  • Summarise income from all sources
  • Treat losses correctly and efficiently
  • Make the most use of allowable allowances
  • Claim refunds on your behalf and deal directly with HMRC

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Corporate Tax

The requirement of corporation tax compliance and reporting obligations is constantly growing and the credentials of compliance are becoming more and more complex, rendering many business owners completely lost and surrendering a large amount of time that could be better spent elsewhere.

Our corporation tax compliance service is designed to completely cover all of your requirements, whether they are a complete tax compliance service or a simple review.

We have worked with businesses of all sizes and can offer a reliable service that covers all bases, allowing you to feel confident that you are in the best hands, freeing up your time to concentrate on other areas of the business.

Services we offer include:

  • Tax advice on how to maximize your tax reliefs and allowances
  • Preparation of returns
  • Tax reporting
  • Dealing with HMRC enquiries
  • Review & preparation of tax provisions

Contact us with your individual requirements and we can come up with a tailor made plan of action for your corporate tax requirements.

VAT Registration and Returns

If VAT registration is something that you need to look into as a business, but don’t know where to start, the team at The Accountancy Solutions can do it for you.

Whether you are registering voluntarily, or your registration is mandatory, we are on hand to do it all for you, keeping your fully briefed along the way. We can make sense of the rules that may go over your head and will submit your forms on time, ensuring that you never run the risk of any penalties.

We will register you for the VAT scheme after fully reviewing your business. Our services will include:

  • Compiling Sales & Purchase Ledgers for UK, EU and EC
  • Calculating VAT, Output & Input Tax
  • VAT Moss Registrations and Returns
  • VAT compliance checks & investigations

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HMRC Tax Investigations

Just hearing the word ‘investigation’ when it comes to tax can set off a worrying set of thoughts. But fear not, our team of experts can work with you to ensure that you get through this troubling time with ease. The investigations themselves can incur a period of worry, as well as become expensive and time-consuming if matters aren’t resolved as quickly as possible.

We aim to successfully resolve disputes with as little disruption to clients as possible, allowing them to get back to business in no time at all. Our experts will support you every step of the way and will handle your case with the utmost confidence and sensitivity. Tax investigations may represent a difficult time for your business, but we aim to make you feel confident that you are in the very best hands.

We tailor our service completely to your business so that we have a full understanding of the investigation at hand, allowing us to leave no stone unturned and no risk unassessed so we can include:

  • Income Tax, VAT & Payroll compliance checks
  • HMRC Civil Investigations in tax avoidance schemes
  • COP 9 & COP 8 HMRC Investigations including disclosures
  • Police Investigations on charge of defrauding HMRC

Inheritance Tax

For those who have assets to leave behind to loved ones when they pass away, inheritance tax rulings can mean that those hard-earned assets could be whittled away.

There are ways and means of eliminating yourself from the IHT bracket and our experts can give you clear advice on ways to avoid this taxation on your family’s assets. once you have passed. Those who are looking to organise their affairs properly will benefit from our inheritance tax service, as it will leave you safe in the knowledge that your loved ones will receive the assets that you intend only for them. We deal with each customer discretely and professionally, as we understand that many of our clients find it difficult to talk about what will happen to their property when they are no longer here.
Many strategies that we can help you to implement include:

  • Will creation&Will amendments
  • Creating trust funds
  • Lifetime gifts
  • Calculating Inheritance Tax & Disclosures

Capital Gains Tax

The experts at The Accountancy Solutions have a wealth of experience in the sector of capital gains tax planning and know exactly what to do when somebody is intending to dispose of a capital asset.

Individuals should always seek advice when disposing of a capital asset as failure to do so could mean they lose out on available tax relief as well as exemptions and allowances. We work to calculate the potential capital gains tax that would payable upon the disposal, as well as offer advice on whether a form of relief would be available, as well as exemptions or the transferring of assets. If disposal is the only option, we will advise clients on the best time do so.

Once all avenues have been explored, it is sometimes possible to defer the liability of tax on capital gain and we will do what we can to deliver the outcome that you are looking for.

Capital assets include company shares, stocks, shares in property etc. We are here to help you:

  • Plan Capital Gains Tax i.e., influencing time of sale.
  • Claim all valid deductions against capital gains
  • Entrepreneur’s Relief & Letting Relief
  • Rollover Relief, Holdover Relief, EIS deferral Relief