Corporation Tax
Self-assessment
Income Tax
Capital Gains Tax
Inheritance Tax

By becoming personally involved and taking time to get to know everything we can about clients and their businesses, we are able to give best advice to achieve profit maximisation and minimise liability to Corporation Tax.

We deal with the routine compliance requirements to ensure timely preparation and submission of clients' annual tax returns under self-assessment, much of which is now done electronically.

Increasing personal income, greater awareness of investment opportunities and growth in the value of homes mean more and more clients are exposed to Income Tax, Capital Gains Tax and Inheritance Tax which are the predators on personal wealth. We specialise in helping clients formulate plans to minimise the impact of these taxes by preparing effective financial strategies which are in harmony with their business and personal goals.

Directors and Managers allocated to clients are the point of primary control and underwrite Murray Taylor's commitment to constant client care.

Tax Planning

By We adopt a holistic approach to clients and their financial affairs. Regular on-going contact means we can anticipate, before filing deadline dates, the likely profile of accounts and take effective steps to reduce unnecessary exposure to tax. We have a robust, good working relationship with the Inland Revenue who know we will always fight our clients' corner; and equally that we will not try to defend the indefensible. Inland Revenue and VAT investigations are on the increase and usually occur without warning, creating an unbudgeted liability for professional fees and expenses irrespective of the outcome. As a further valuable service to business and private clients we can arrange insurance cover on favourably negotiated terms, to meet the costs of these unforeseen tax investigations.

IR35 claims:

We have strong negotiating skills and have successfully defended clients where the Inland Revenue have attacked alleged "disguised employee" cases, and have attempted to collect PAYE and NI contributions.

Settlements legislation (sec. 660 ICTA 1988):

The Inland Revenue are focusing increased attention on small family businesses, and on how their profits are earned and distributed. We have considerable experience of advising partnerships, SMEs (Small and Medium-sized Enterprises) and family businesses on how best to structure their affairs.