Tax

For the unprepared, tax can be a minefield and getting it wrong is expensive. Our holistic approach to taxation provides advice that will minimise tax across all areas.

Personal Tax

If you have untaxed income, are a high earner or have more than one employment you may be required to complete a tax return each year. 

We can prepare:

• Income tax calculations
• Self assessment tax returns
• Repayment claims

We will remind you of all filing deadlines, so that you do not incur any unnecessary penalties.

Business Tax

Business and corporation tax can represent a significant portion of your profits, therefore it’s important that you claim everything you are entitled to. Our up-to-date knowledge of the tax legislation will help you to structure your business in a tax efficient manner.

We can assist with:

• Keeping you informed of latest tax changes
• Claiming the appropriate deductions
• Advising you of your tax liability & due date of payment
• Reminding you so you don’t miss deadlines
• Dealing with HMRC on your behalf

VAT

Making tax digital has increased the cost and administration associated with filing VAT returns. By using commercial software we can prepare and file your VAT returns with minimum disruption to your business.

We can help you with:

• Compulsory registration
• Voluntary registration
• Deregistration
• Submission of accurate returns
• Advice on all aspects of VAT

Capital Taxes

Owning assets can give rise to taxation. Capital Gains Tax (CGT) may be charged when you sell an asset at a profit, and Inheritance Tax (IHT) may be charged on your estate at death. With careful planning these taxes can be minimised.

We can assist with:

• Tax planning
• Filing CGT returns
• Filing IHT returns

Tax Investigations

While Hendersons has an excellent record of handling investigations, we believe that the best outcome is not to be selected in the first place. That is why we devote so much effort into the accuracy of the tax returns we prepare and the presentation of the information we submit.

There is no easy way to say it, but if you are unlucky enough to be selected for a tax enquiry it will be stressful. There is the risk of additional tax, interest and penalties and the process can be lengthy. Fees in defending an enquiry can be huge which is why we offer professional fee protection. For the cost of only a few hours work, your professional fees associated with any enquiry will be covered by our policy.