Taxation Services

‘In this world nothing can be said to be certain, except death and taxes.”Benjamin Franklin, 1817.

Tax is Complex

Given the complexity of the UK tax system you may find it a necessity to get professional advice when dealing with your tax affairs.  You can be certain that there will be constant changes in the various tax regimes that both UK companies and individuals face. Why would you risk getting that wrong?

At Lewis Smith & Co. we take our responsibility to keep up to date with changes in the tax system very seriously. That means that we are always ready to provide you assistance giving you the best possible tax planning advice. So if you find tax affairs difficult then we can help.

Taxation Planning

Self Assessment / Income Tax
We will prepare your annual self-assessment tax return, advise you on your tax liabilities to be paid or of tax refunds due, and take care of all dealings with HMRC on your behalf. We offer valuable tax planning advice to enable you to manage your affairs in a tax efficient way and minimise any future tax liabilities. We also check employee’s tax coding notices and advise on benefits in kind such as company cars.

Tax Planning and Inheritance Tax
Ensuring that your future taxation liability is minimised requires a proactive approach…today. Lewis Smith & Co. offer a comprehensive taxation planning service that will help you to minimise your tax exposure, defer payment or simply achieve piece of mind in your taxation affairs.

Corporation Tax
Lewis Smith & Co. can prepare your annual corporation tax return for filing with HMRC and advise you of any tax payments to be made or refunds due. At times we will deal directly with HMRC on your behalf.

Capital Gains Tax
This is an area which is very complex and it is essential that you take advantage of the specialist advice that we offer. Early planning must be made in this field of taxation to maximise the use of tax relief available.

VAT
Many businesses are not aware of when they should register (or perhaps de-register) for VAT and do not realise that there are a variety of different VAT schemes. Lewis Smith & Co. will advise on these matters and arrange all of the necessary registrations . The preparation of your VAT return can be tied into our book-keeping service, or maybe you are happy with your own book work and simply want your return checking: either way, we can help.

Should you be subject to a VAT inspection or enquiry we are used to dealing with HMRC and are on hand to provide any assistance you may require. It is essential that you keep your tax affairs in order and up to date, as the risk of not doing so will lead to the incurring of penalty points and penalties. Lewis Smith & Co. will do their best to help avoid such situations.

Fee Protection Service
The likelihood of enquiries into your tax affairs has greatly increased in recent years. Our Fee Protection Service is available to help cover the cost and hassle of dealing with HMRC. Our practice is set-up to deal with the taxation issues of organisations of all sizes and across all industries.

To find out how we can help you, get in touch and we will be delighted to discuss your requirements.