Tax

TAXATION
There are few, if any, individuals or businesses who like to pay income, corporate or personal tax.
Taxation affects most, if not all our clients in different ways and at BJJ, we have expertise on virtually every aspect of UK tax including:
Income tax
Corporation tax
Capital Gains tax
Inheritance tax
National Insurance Contributions
VAT
We have experience in virtually all aspects of taxation. As with all of our services, we will be pleased to discuss your requirements at a free initial meeting with absolutely no obligation.  
PERSONAL TAXATION
With the tax regime becoming increasingly complex and a greater emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements. We can provide you with year round tax advice on:

• Income tax
• Capital Gains tax
• Inheritance tax
• Trusts and estates
• Non-domiciliary tax issues

We can assist you with your personal taxation affairs whether you simply need a self- assessment tax return, or wish to look into long-term planning strategies.
BUSINESS TAXATION
Business tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government. So timely advice on business taxation is worth every penny. We can advise you on such matters as:
Business Structure
Which method of conducting your business is the most appropriate, cost-effective and tax efficient way; sole trader, partnership, limited company or a combination.
Year End
Still relevant. Changing a business year end can make a difference, particularly where trade is seasonal or there is likely to be a disposal or cessation.
Expenditure
What’s tax allowable and what isn’t. What’s capital and what’s revenue. When is the best time to make significant payments.
Purchasing
What is the most efficient means; cash, loan, hire purchase, lease etc.
Employees
Avoiding troubles with PAYE. Benefits in kind. Share options. Incentive schemes. Company pension schemes.
Trading Abroad
Exchange rates, foreign taxation, customs etc.
Government Departments
Dealing with the Inland Revenue, dealing with the DSS, dealing with Customs & Excise.