Paying less tax and maximising the wealth you have created is important when you work as hard as you do. At Peter Coyne & Co, our tax advisers can assist you in reducing your tax liabilities, maximising your wealth and easing the administrative burden of tax compliance.
Not all accountancy practices look at tax issues from the business owner's point of view, or consider how money can be efficiently extracted from that business to benefit you.
We do things differently. Our tax advisers will work with you to understand your objectives and provide comprehensive tax planning to suit these objectives and maximise profits available for distribution.
Let our experts assist you with;
Personal Tax/ Income Tax
It is essential that the wealth created benefits you. You want to ensure that you are not paying too much of that back in tax so a review of your personal tax affairs is a must. Our tax experts can help you with this, along with providing strategic tax planning advice to help you make the most of the opportunities within the current tax system.
With Self Assessment regulations it is the taxpayer's responsibility to complete and submit an Income Tax Return and settle resulting tax liabilities by the due dates. Failure to do this will result in automatic penalties and accruing interest.
Our tax advisors can assist you at every stage: from collating the required information to assisting you with completion and submitting the Tax Return on your behalf. We can advise you on tax repayments, calculate future tax liabilities and check Notices of Assessment for accuracy.
Comprehensive tax planning and tax advice are important to any business' success. Making the increasingly complicated tax legislation work for your business can be an unnecessary constraint on management time. Our corporate tax advisers can work with you to ensure your tax liability is kept to a minimum.
Our corporate tax advisers can assist and advice you on;
- Corporation Tax Returns and Computations
- Tax Efficient Remuneration
- Company Reorganisations
- Succession Planning
- Exit Strategies
VAT legislation is complex but affects all businesses. The financial penalties can be high due to non compliance and it is yet another administrative burden on your business. Our VAT specialists can assist with compliance issues, and help minimise liabilities and penalties in the event of a VAT Investigation.
Our services include;
- VAT Registration and De-Registration
- Assistance with VAT Return Completion
- VAT Control and Reconciliation
- Advice on the most appropriate scheme
- Negotiation with Revenue and representation at VAT audits
Capital Gains Tax
Disposal of assets can result in significant tax liabilities; liabilities which may be reduced with effective pre-transaction planning. Our tax advisers can assist you in this planning and advise you on options to minimise your exposure.
It is essential that the wealth created benefits not only you but those you would wish to pass it on to. Planning for the future is essential to avoid significant Inheritance Tax liabilities. Our tax advisers can assist you with this planning, either as part of an overall tax planning strategy, or purely to help you plan how to pass on your wealth.
A revenue investigation can be a stressful and expensive experience – all the more so as you are unlikely to be used to such an investigation. We have expertise in dealing with the Revenue enquiries and investigations from a simple enquiry into a VAT matter through to the more serious investigation.