Your increased reporting obligations, wider investigation powers on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. At GSM we will help you to minimise tax exposure and relieve the administrative burden of compliance with current tax legislation. With effective business tax planning our aim is to bring significant improvements to your bottom line.

As a business owner or director, the type of vehicle through which you run your business affairs will determine the format in which you report the annual performance to HMRC.

Regardless of whether you are a limited company, a limited liability partnership or an unincorporated business, the computation of your profits for tax purposes is a service that flows from the production of your accounts. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner.

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly reporting the corporation tax liability falls on the directors. We will calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

As greater emphasis is being placed on taxpayers’ individual responsibilities, you need the right professional advice and support if you are to optimise your tax position and ensure you meet compliance requirements.

Contact us now to hear how our specialist team can provide you with year-round advice on all aspects of business taxation.