Tax Services
Whilst everyone knows tax is a charge levied by HMRC on income earned which is liable to be taxed in the UK, filing your taxes and staying on top of deadlines can be complicated. Whatever your tax status, from needing assistance filing your personal tax return to paying corporation tax on your LTD company’s profits, at OAS our tax accountants can provide personalised assistance in relation to all tax-related matters, helping you make sure that you always have the cash to pay HMRC on time.
Whether you are a business owner, property owner, entrepreneur, self-employed person, or a company director, we have tax accountants with the exact expertise that you require. By ensuring every client is partnered with a personal tax accountant, we make sure our approach is personal and tailored to your individual needs ensuring you are able to protect your wealth and account for your tax accurately.
Our personal tax accountants can help you with all tax-related matters, including:
- PTax planning
- PCompletion and submission of tax returns
- PDetailed reviews of current or pre-tax returns
- PValuations for tax purposes
- PMinimizing Penalties
- PReductions in personal tax
So whether you are looking for simple assistance with filing a personal or corporate tax return, are worried about cash flow issues in relation to tax payments, concerned about submitting your tax returns before the deadline, or, are just seeking to stay on top of changing legislation so you can make the most of tax rates and breaks, our tax experts will be able to help.
Corporation Tax Service
A corporation tax return will contain information from your statutory accounts detailing any losses or profits in order to calculate how much corporation tax you owe. With the rates and reliefs on corporation tax changing annually, it’s vital to get expert advice if you want to make the most of the right exemptions, deductions, and allowances that might be available to you in your tax return calculations.
To help you achieve this, OAS can provide you with a personal tax accountant to undertake a detailed review of your business and uncover potential areas where tax reliefs could massively reduce your corporation tax burden. By working closely with you, we can identify ways to defer the payment of corporation taxes or even ways to reduce the corporation taxes you pay.
We also offer services to help you with proper corporate tax planning. It can be easy to be put off due to it being complicated. However, through effective planning of your corporate taxes, you could quickly see gains that will lead to improvements in your bottom line and ensure you don’t get hit with any unnecessary charges. By strategically structuring your business operations, corporate tax planning can also minimize your tax liabilities.
The Services we offer include:
- PUndertaking a Tax Compliance Review for your Business
- PPerforming correct treatment of various Business Incomes
- PImplementing detailed Tax Planning to minimize liabilities
- PCorporation Tax return preparations & submissions (CT600)
- PCarrying out detailed reviews of current or pre-tax returns
Tax Disputes
Any business may face the possibility of a tax dispute, whether it be related to employment status disputes, valuation or settlement legislation to name but a few. With numerous tax accountants on board, here at OAS, we have experience in representing clients on a wide range of disputes and in handling relations with HMRC. Dealing with tax disputes can be a difficult time, but share the burden with us and we can offer advice and look into the dispute fully to make sure we find the best resolution for you.
Disputes can arise in all sorts of areas outside of full enquiries and investigations including:
- PEmployment status disputes
- PRepairs vs capital disputes
- PPrivate usage adjustments
- PValuations for tax purposes
- PIs it a trading activity?
- PEmployee benefit disputes
- PCapital allowances – is it plant or property?
- PVAT segregation of businesses to avoid registration
- PSettlements legislation – the classic husband and wife company scenario
Tax Investigations
Receiving a phone call from HMRC informing you that your business is going to be investigated can seem like a daunting prospect. However, this doesn’t have to be the case as long as you make sure you have an experienced tax accountant to guide you through the process. Tax accountants at OAS with years of experience under their belts, know the ins and out of tax investigations and can give you clear instructions on the inquiry process, as well as offering support and advice during the investigation.
Our Services:
- PMinimizing Penalties
- PAnti-investigation Scanning check
- PDefending against an Investigation
Tax Planning Services
You can give your business a real head-start and ensure that your financial planning is tax-efficient through effective tax planning. OAS offer experienced tax accountants which can provide guidance on legally reducing your tax bill and can help you to navigate through the complicated tax system in a way that best suits you. Our tax accountants will be there to support you on important decisions throughout the year relating to your tax strategy so that at all times the most effective tax saving strategies are in place.
Our Services:
- PLimited company profit extraction
- PTax efficient remuneration to company directors
- PIR35 Problems
- PReduction in personal tax
- PIHT Planning & Reduction of Estate
- PEIS / SEIS Investments
- PCapital Allowances
- PResearch and Development Expenditure
- PPensions