Are you paying too much tax?

No-one likes paying more tax than they have to. And for businesses, tax is a cost which, like any other cost, should be minimised wherever possible. At the most basic level there are several simple planning actions you can take to start saving tax, yet most business owners aren’t aware of them. Entrust your tax affairs to Burgis & Bullock and you’ll only pay the absolute minimum, but still comply with all the necessary requirements to keep you on the right side of HMRC.

Our personal and corporate tax services include:

Business tax planning

Whether you are starting in business for the first time, running an established business or planning a sale or retirement, there are always many tax issues for you to consider.

Employee benefits

If you don’t understand all the tax implications of employee benefits, you’ll need help in reducing the burden of the compliance tasks and in planning tax-efficient remuneration packages for your workers.

Trust and estate planning

Careful advance planning will help you reduce the overall tax burden.

VAT

Ever-changing regulations and the growing demands of HM Revenue & Customs mean VAT can be a nightmare for many business owners. Our comprehensive VAT service provides advice on every wrinkle of the VAT regulations, so you can minimise the amount of VAT you have to pay – and have the peace of mind that comes with knowing that you’re complying with all the regulations.

Customs Duty

If you import or export goods you’ll need the expert advice we can provide to make sure you pay the right amount of Customs Duty.

Inheritance Tax planning

A considerate review of your total wealth and structuring including tax efficient wills to ensure the maximum amount possible is passed to the next generation.

Capital Gains planning

Identifying tax saving opportunities, maximising reliefs and exemptions for anyone intending to sell a capital asset (property, business shares etc.)

Business structure Review

You need to be certain the way your business is set up is providing you with the most tax-efficient vehicle for your earnings and wealth generation/protection.

Tax Review

A detailed review of your tax affairs will ensure you pay the right amount of tax – and not a penny more. (This review normally results in repayment of overpaid tax – sometimes substantial amounts!)

Remuneration Extractor

You get bespoke advice on the most tax-efficient way to take profits from your business.

Research & Development Tax Relief

A detailed analysis of your business expenditure makes sure you benefit from the 225% deductions available on R&D claims.

Capital Allowances

A review of your business property identifies any ‘hidden’ tax claims, the possibilities of claiming enhanced allowances and the potential to generate a tax rebate and minimise your future liabilities.

HM Revenue & Customs Investigations

If you are unfortunate enough to be the subject of a tax investigation by HM Revenue & Customs, it can be a stressful and worrying experience. Revenue staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. If you are about to be investigated, you’ll benefit from professional help and support. For a small annual premiumyou’ll receive cover for all professional fees in the event of an enquiry.