| Since the introduction of self assessment it is
the taxpayer’s responsibility to declare and in some cases calculate the tax
liability correctly. Legal matters create a diverse range of tax
implications and the onus is on the solicitor to assess a tax situation and
calculate the correct tax due. Failure or error can result in additional
penalties and interest being sought by the Inland Revenue and unhappy
clients. Professional assistance can alleviate this burden and our
specifically tailored legal, accounts and taxation services offer the
following;
Estates
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Tax Clearance for estates
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Completion of Tax Returns/Repayment Claims
for period up to the date of death of the deceased
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Tax Returns during the
administration period
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Completion of tax deduction certificates for
beneficiaries
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Advice on capital gains for disposal of assets
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Preparation
of Estate Accounts
Inheritance Tax
Trusts
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Preparation of Annual Trust Accounts
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Completion of Tax Returns and
preparation of tax deduction certificates for beneficiaries
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Advice on
tax implications on commencement and cessation of trusts and of the
different natures of trusts
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All capital gains tax and inheritance tax
issues affecting trusts
Estate Planning
Litigation Support
We can provide
expert and experienced partner support in the following areas;
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Valuation of unincorporated
businesses and shareholdings in unquoted limited companies in matrimonial
and other disputes
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Loss of earnings/profit claims
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Accounts
investigations and advice thereon
Corporate Support
The statutory
requirements of modern Company Law can be onerous and time consuming for the
officers of a Limited Company. Mistakes made by those officers can result
in substantial civil and criminal penalties being levied upon all officers
of the Company. We have the knowledge, resources and experience to assist
in;
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