Taxation

Phone:  0845 257 1108

Fax:     +44 (0)161 932 1401

E-mail: enquiries@sarks-uk.co.uk

Text Box: As tax advisors, our objective is to work closely with you to ensure you pay the minimum tax required by law. SARKS will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.



So if you are seeking advisors who…..

	Will save you tax?
	Offers specialist business advice?
	Responds quickly when you need help?
	Will commit to a fixed fee every year?
	Will give you complete peace of mind?
	Provides a guaranteed level of service?
	Is approachable, informal and proactive?



We will help you to get on with what you do best and let us worry about keeping your company and personal tax affairs up to date. We Guarantee to manage your tax affairs, so that you never have to suffer the financial penalties that so easily catch out so many business owners.

Personal Tax (including sole-traders and partnerships)

We advise individuals on personal tax planning with the aim of mitigating income tax, capital gains tax and inheritance tax liabilities.

Self Assessment

We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal Tax Planning

Our expertise within this area allows us to offer advice on the most recent developments whilst tailoring this to each client's needs. Our services include tax planning, international planning, inheritance tax planning, tax compliance and remuneration planning.

Estate Planning

It makes sense to plan for the future, whether it is for yourself or your business. Tailored wealth succession planning enables a smooth transition to the next generation. It also helps minimise tax liabilities. We provide a discreet comprehensive estate planning service that includes:

help with planning and reviewing a will
making full use of exemptions and lower tax rates on lifetime transfers
optimising lifetime transfers between family members
transferring agricultural or business property
transferring assets into trust
……and many more

Corporation Tax Services

SARKS Accountants offers consultancy to companies on domestic and international legislation, finding creative solutions to corporation tax problems. We provide compliance services to UK companies, prepare computations for corporation tax, advise on liabilities and the timing of payments and correspond with the tax authorities (HMRC) in the case of disputes. Effective corporate tax planning can also result in significant improvements in your bottom line. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. In the UK under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments.

VAT

Our specialist VAT advisors can assist your business with all VAT-related matters ranging from VAT registration applications and the completion of VAT returns to VAT consultancy and complex liability issues. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:

assistance with VAT registration
advice on VAT planning and administration
use of the most appropriate scheme
VAT control and reconciliation
help with completing and submitting VAT returns
planning to minimise future problems with HMRC
negotiating with HMRC in disputes and representing you at VAT tribunals if necessary.

HMRC Investigations

Taxpayers have good reason to fear investigation by HM Revenue & Customs. With the onset of personal and corporate self-assessment, Revenue staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. 

Our 5 golden rules to survive a tax investigation:

Get expert advice at the outset - you will need somebody on your side who understands the jargon and knows how HMRC operates who can take some of the emotional strain from your shoulders. It's also likely to be cheaper in the long run.
Keep calm! - there is no need to expect the worst.
Don’t discuss your tax affairs with anyone but your appointed tax advisers.
Don’t assume HMRC is ignorant of anything  - an HMRC investigator has a huge number of resources at his/her disposal and is not afraid to ask questions. So don’t try to destroy evidence and never make a partial disclosure.
Finally, be well prepared for any meetings.

We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual's Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.

Tax Protection

With the increased risk of such investigations it may be worth considering taking out an annual insurance policy to protect you and your business from unexpected costs; an investigation will undoubtedly result in additional accountancy work being undertaken. The amount of work will depend upon the complexity of the case but the cost could be substantial.


For more detail of what we will do for you please contact us to arrange a FREE no obligation meeting or to request a  tailored quotation suitable to your business.

For more FREE guides, Tax tips , newsletters and/or regular updates please register with us for FREE.

Taxation Services by SARKS Accounatnts in Manchester - Regulated for a range of investment business activities by the Association of Chartered Certified Accountants

© copyright 2010

In accordance with normal professional practice, whilst given in good faith, no financial responsibility can be accepted for the information supplied on this website.