Our Services - Taxation

Expert Taxation Services at RZR Accountants

In the rapidly evolving landscape of taxation rules and regulations, navigating this intricate domain has become increasingly challenging for both businesses and individuals. At RZR Accountants, we rise to this challenge, offering comprehensive and professional tax services to ensure your tax affairs are not just in order but optimized for your benefit.

Our Extensive Taxation Services Include:

1. Sole Traders & Partnerships:

• Completion of personal Tax Returns and partnership tax computations, ensuring accuracy and compliance.
• Detailed advice on tax allowable expenditures to maximize deductions.
• Handling rental income and expenditure accounts, optimizing available reliefs.
• Calculating Self Assessment Tax and NI liabilities, providing insights into due dates and strategies.
• Thorough computation of Capital Gains Tax liabilities, incorporating available relief.
• Personalized tax planning services to strategize your financial future.
• Expertise in inheritance tax planning to safeguard your legacy.

2. Limited Companies:

• Strategic advice on allowable business expenses, aiming to reduce tax liabilities while ensuring compliance.
• Accurate Corporation Tax computations (CT600) including claims for capital allowances, first-year allowances, etc.
• Advising on the tax implications of company cars and other tax benefits.
• Guiding on group loss relief where applicable, management charges, and more.
• Tailored company tax planning services to align with your business goals.

3. Personal Wealth and High Net Worth Clients:

• In-depth advice on the tax implications of specific investment proposals, ensuring informed decisions.
• Utilizing approved tax schemes strategically to mitigate tax liabilities and maximize returns.
• Establishment and efficient use of trusts to mitigate inheritance tax liabilities through intermediaries.

4. Payroll:

• Accurate calculations of Tax and NI on employees' wages and salaries, ensuring compliance with legal requirements.
• Providing payslips, P60s, P45s, and expert advice on amounts and due dates for payment.
• Efficiently handling payroll operations based on the new RTI system and submitting monthly reports.

5. VAT:

• Precise calculations of VAT liabilities from prime accounting records, guaranteeing accurate financial reporting.
• Expertise in completing VAT100 based on the appropriate method, be it the normal method or flat rate, optimizing for tax efficiency.
• Strategic advice on VAT calculation methods, considering the benefits of the flat rate scheme where applicable.
• Assistance with HMRC VAT routine inspections, ensuring compliance and smooth interactions.

6. VAT Option to Tax on Property Transactions:

• Expert advice on whether it's beneficial to register under this option to reclaim VAT on the purchase of property.
• Careful consideration of partial exemption rules and calculations to optimize tax benefits.
• Seamless actual registration to obtain an OTT certificate and completing VAT returns for this registration.

7. HMRC Investigations and Enquiries:

• Offering specialized tax consultancy advice to navigate HMRC enquiries effectively.
• Actively liaising and meeting on behalf of clients with HMRC to reach a fair and reasonable agreement or settlement.
• Providing facilities to host inspections and meetings at our premises to minimize disruption at client business premises.

With over 10 years of specialized support for various businesses and individuals across the UK, RZR Accountants offers you access to a team of qualified and part-qualified accountants. We prioritize understanding your unique business needs, providing a dedicated account manager as your main point of contact.

Our accountants are dedicated to providing the very best in services and are mostly either qualified or part qualified working towards the following qualifications: ACA, ACCA. Our staff undertake regular training to ensure their knowledge is up-to-date, enabling our firm to provide the highest standards of service.

For more information or to explore how our taxation services can benefit you, contact us at RZR Accountants. We strive to provide the best tax solutions and expert guidance, ensuring your tax efficiency and compliance are our topmost priorities.