Tax Advice in Bradford on Avon

Are you here because you’re looking for your accountant to provide business and personal taxation services?

With a wealth of knowledge and experience, Clear Vision Accountancy’s committed tax team are here to help you navigate the complexities of business and personal taxation. Their aim is to provide you and your business with financial clarity and peace of mind.

BUSINESS TAX ADVICE IN BRADFORD ON AVON 

Running alongside our accounting services, our business tax services ensure that your annual compliance and reporting requirements are fully met.

Company and Partnership Tax Returns

What We Will Do

We will produce your tax returns quickly and accurately and send you the final tax return for signature. We will file this with HMRC, providing you with a copy for your records. We will remind you of your payment dates when they fall due.

How You Will Benefit

• Keeps you informed of your tax liability in advance of any payments becoming due and claiming any refunds owed, as soon as the return is prepared
• You are reminded about your payment dates when they fall due, helping to keep you compliant
• You will receive tax saving help and advice during the year, including year end tax planning opportunities
• We keep you updated with any changes in tax legislation that may affect your business, whilst keeping you fully compliant with HMRC

VAT Returns

What We Will Do

As well as reviewing your VAT returns from the records you provide, we will also complete an account transactions review, spot-checking source documents and checking the majority of transactions are included correctly. We will review the returns to ensure they are consistent and appear reasonable. We will review the No VAT transactions to ensure these are all correct. We will ensure that you are using the correct VAT scheme within the required thresholds, if applicable.

How You Will Benefit

• The basis of preparation of your VAT returns will be checked for you
• Your VAT return box entries will be examined to ensure reasonableness – this avoids unnecessary questions from HMRC
• Significant entries will be reviewed to ensure the VAT treatment is correct
• We will be able to liaise with specialist VAT advisors on your behalf
• If you do receive queries, we may be able to deal with these on your behalf

Research & Development (R&D) Tax Credit Claims

What We Will Do

We will assess the company’s eligibility for tax relief under the UK R&D Tax Credit Scheme and review your accounts to understand your tax position. We will collect initial information, assess your claim and gather more detail. We will carry out a technical analysis to understand more about the qualifying activity that has taken place, reviewing the company financial data and compiling the R&D Tax claim technical justification report and cost summary. We will maximise the value of your claim and produce a supporting Initial Information Form detailing the R&D work carried out and submit this to HMRC. We will make an amendment to your Corporation Tax return (CT600), incorporating your R&D tax credit calculation and deal with any questions HMRC may have.

How You Will Benefit

• Enables you to realise the full potential of R&D tax incentives
• Helps you receive money back to re-invest into your company
• Encourages innovation and growth

P11Ds

What We Will Do

If you provide benefits to your employees (e.g. cars, private medical insurance, gym membership etc), we will ensure the tax position of your expenses and benefits is accurate, providing advice for reducing your taxable benefits in the future. We will prepare and file the annual P11D form to meet HMRC’s strict deadline. We will ensure you are reminded of your payment dates when they fall due.

How You Will Benefit

• Helps you to understand the complex employee benefits system, to use it to your advantage
• We can discuss with you additional benefits for rewarding your employees, to aid your retention policy
• Gives you peace of mind, knowing that you are fully compliant with HMRC

PERSONAL TAXATION SERVICES

From tax planning and compliance to capital gains tax matters, our pro-active personal tax return (self-assessment) services ensure that you are fully equipped to confidently manage your financial affairs.

Personal Tax Returns

What We Will Do

We will ensure your tax return is produced and completed quickly and accurately, preventing you from incurring any late filing penalties. This includes dealing with the Inspector and Collector of Taxes directly on any associated tax issues. We will remind you of your payment dates when they fall due.

How You Will Benefit

• You know your tax liability in advance of any payments becoming due
• Any refunds due can be claimed (as soon as your tax return is prepared), getting the money back in your pocket
• You will receive tax saving help and advice during the year
• You will receive indicative tax predictions if required, to help you to understand the tax consequences of decisions, whilst keeping you fully compliant with HMRC

Capital Gains Tax Advice in Bradford on Avon

What We Will Do

We will consider all documentation and information relating to the disposal of interests or assets during the year. We will identify whether disclosure is required and where necessary, ensure the appropriate details are included in your tax return and supporting pages. We will ensure that the relevant reliefs and claims are made.

How You Will Benefit

• Provides you with an in-depth knowledge of chargeable assets
• Helps you to make full use of valuable tax reliefs
• Enables you to be as tax efficient as possible, with everything relevant factored in

ADDITIONAL TAXATION SERVICES

• Annual Tax on Enveloped Dwellings (ATED)
• CT61s
• Employment Related Securities (ERS)
• HMRC enquiries
• Trust and Estate tax returns

How ever you need us to support you through your journey as a business owner, Clear Vision Tax Advice in Bradford on Avon and the surrounding area is here for you!

Thank you for visiting our website. If you want to discuss the taxation support you need with Clear Vision Accountancy, please contact us for a FREE consultation and quote.