Taxation

Taxation can represent a substantial cost to any profitable business, not only in terms of the tax itself but also in compliance with reporting obligations, investigations with tax authorities and penalties for errors and non-compliance.

We can help you minimise your tax payments and relieve you of any administrative burden of complying with tax legislation.

Our in house tax team which includes ex-Revenue staff can assist with a wide range of tax issues including:

• Personal, business and company tax compliance. Tax returns, online return submission, tax calculations and payment advice.
• Tax Planning advice including income extraction, capital allowances, capital gains tax, inheritance tax, overseas tax issues
• Business acquisitions and disposals
• Personal Service Companies (IR35)
• Tax Credits Claims
• PAYE and VAT Health Checks
• Resolving problems and disputes with HM Revenue & Customs
• Handling HM Revenue & Customs enquiries or inspections

We know that it is a stressful time for anyone who is selected for a Tax Enquiry or Investigation by HM Revenue & Customs. Whether you are an existing client or not our specialist tax team can support you or your business by handling all communications with HMRC, attending meetings with Tax Inspectors and getting the best possible outcome.

Existing Clients of Tom Carroll Associates Ltd have access to our comprehensive Premier Protection Scheme which for a small annual fee, covers the professional costs associated with Tax Enquiries.