Specialists in tax planning for
Individuals | Partnerships | SME's
- The UK tax system is one of the most complex in the industrialised world.
- Many of the Chancellors initiatives in recent budgets to encourage saving and investment only serve to increase the complexity of the system as a whole.
- Penalties for failing to comply are increasing on individuals
Benefit from a good nights sleep - every night, knowing that your tax situation is in safe hands and that you and your business are paying only what you should and need to pay.
Whitehouse & Co believe that tax issues must be considered in the context of both the tax payers' long-term aims and the issues facing them now and in the foreseeable future.
Why Choose Whitehouse & Co? With an extensive knowledge and an excellent understanding of UK tax law and how it applies to all kinds of business and personal situations. Whitehouse and Co are able to provide an expert taxation planning and advisory service to
- Companies
- Unincorporated businesses
- Professional partnerships
- Private individuals
- Trusts
Benefit from our extensive experience of dealing with:-
- Customs & Excise
- The Inland Revenue
In subjects ranging from routine compliance to full investigations.
Tax Compliance help with self assessment Individuals, trusts, partnerships and companies are all required by law to Self Assess their taxable income and profits. Penalties for submitting a late or incorrect Self Assessment Return can be tough. Whitehouse & Co can remove the compliance burden from you.
Business and Company Taxation Benefit from our ability to help minimise your tax exposure by ensuring that all available relief's are claimed and that particular transactions take place in the most tax effective way possible.
Take advantage of available tax incentives and share schemes such as EMI in order to provide tax effective remuneration to directors and staff. The tax efficiency of providing benefits in kind, in particular company cars where the taxable benefit continues to increase relative to the employee's financial benefit and a cash alternative may be preferable for all parties.
Whitehouse & Co can also prepare
- Annual P11D returns of benefits provided to employees
- Provide PAYE health checks
- Reviews of employment status
If you have a question which is not tackled please phone or email.
Value Added Tax This is an increasingly complicated tax and the consequences of getting it wrong can be serious. Understand the basis upon which your VAT liability should be based for both UK and international trading. Benefit from our expertise in the complex area of VAT as it affects property and construction businesses.
Business Disposals, Acquisitions and Restructuring Ensure that taxation liabilities are minimised on disposals of businesses and that the most tax effective means are chosen of carrying through an acquisition of a new business or restructuring an existing one.
Partnership Taxation Under Self Assessment and with the advent of limited liability partnerships, this continues to be a particularly complex area. Take advantage or our expertise in advising partnerships to ensure that partnership tax liabilities are kept to a minimum.
Personal Taxation As well as dealing with the completion and submission of your Self Assessment return and calculating your income and capital gains tax liability, we can advise you on how to take advantage of the tax relief's available to private individuals. Whitehouse & Co can point you to in the direction to take advantage of tax benefits such as
- Individual Savings Accounts (ISAs)
- Venture Capital Trusts (VCTs)
- Enterprise Investment Scheme (EIS)
Pension Arrangements Benefit from our experience to allow us to assist you with wide investment planning issues and help you through the complex choices available with matters such as pensions arrangements.
Inheritance Tax Planning and Trusts We can help you to minimise your exposure to inheritance tax by long-term planning, protecting your wealth for the future benefit of your family.
The use of trusts often has an important place in such planning and we can advise you on the type of trust that should be used. As well as agreeing the taxation liabilities of the trust we will keep its effectiveness under review as circumstances change.
Tax Disputes and Investigations A key feature of Self Assessment is the Revenue's policy of random and selected enquiries, which means that no one is immune from investigation. Whitehouse & Co are experienced at dealing with such enquiries to ensure that they are dealt with efficiently and fairly, reducing the inconvenience and minimising the liability. Where necessary we can represent you on appeal to the Tax Commissioners or VAT tribunals.
If you are looking for a proactive tax consultant - look no further, please contact Whitehouse + Co to discuss your situation.
Monday to Friday 8:30a.m. - 5:00p.m.
Announcements - do not always become tax law...
Government announcements on tax designed to grab headlines do not always come in to play.
For accurate up to date advice on tax matters contact Whitehouse and Co for the correct version.
Tax on Holiday Homes
Income and capital gains arising from a holiday home abroad may be taxable in the country where the home is situated.
Problems can result where people put the rental money straight into their UK bank account as they may fall foul of foreign tax laws.
If you would like advice on the most tax efficient way to buy and let out a holiday home abroad, please contact us.