Partnership tax
Business tax
Your business
News
Comments on the deferral on July payments to January 2021 by Owen Kyffin
I have had quite a few confused contacts from clients over the last few days about ‘Payments on Accounts’ – advance payments towards your Self Assessment tax bill, including Class 4 National Insurance if you’re self-employed.
Important dates for the Self-Employed
With the deadline for applications for the first Self-Employment Income Support Scheme (SEISS) looming on Monday 13th July 2020, the new scheme will be open to applications in August 2020.
Tax treatment of partnerships
The tax affairs relating to partnerships and limited liability partnerships (LLPs) are extremely complicated.
The matters concerning profit share agreements, ownership of partnership assets and the rules relating to incoming and outgoing partners are particularly complex and we have a wealth of experience in dealing with these important areas.
All business clients are offered fee protection insurance which ranges from £58-£160 per month to cover all of our costs should HM Revenue and Customs (HMRC) investigate personal tax returns, corporation tax returns, Pay As You Earn (PAYE) or VAT matters.
You may find our tax tips download informative.
Corporate tax
Corporate tax compliance obligations are complex and costly, and the Government introduces new measures each year.
VAT
Although it was originally designed as a simple tax, VAT has become increasingly complex.
Share schemes
Share schemes are an incentive to staff, and we can help with the setting up and management of these.
Tax investigations
Enquiries and investigations from HMRC can be stressful, time consuming and costly.
R&D tax credits
The opportunities for claiming R&D tax credits are much wider than generally appreciated.
Patent box
Patent Box works with R&D tax credits and could result in tax cuts for innovative businesses.
Employment tax
We can give comprehensive advice on employment tax matters, and practical problems which may arise day to day.
International tax
We offer tax planning and comprehensive information to those entering the global market.
Land property tax
We can deal with all matters, including tax relief on capital allowances, which are complex in the extreme.
Speak to a partnership tax expert
Change to Whitley Stimpson
Step 1
Confirm to your accountant that you wish to move to Whitley Stimpson
Step 2
Supply Whitley Stimpson with your existing accountant’s details
Step 3
Relax. We’ll handle the rest.
Business tax
Your business
News
Comments on the deferral on July payments to January 2021 by Owen Kyffin
I have had quite a few confused contacts from clients over the last few days about ‘Payments on Accounts’ – advance payments towards your Self Assessment tax bill, including Class 4 National Insurance if you’re self-employed.
Important dates for the Self-Employed
With the deadline for applications for the first Self-Employment Income Support Scheme (SEISS) looming on Monday 13th July 2020, the new scheme will be open to applications in August 2020.
Partners in your progress
Talk to us today about your partnership tax and profit share agreements.
