As tax advisers based in Leicestershire, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, so that you can plan ahead and mitigate the tax you pay. Our team led by Jo Carter are highly qualified chartered tax advisers, with extensive experience of personal and business tax mitigation strategies.
Corporate taxes
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.
Personal Tax (including sole-traders and partnerships)
If you are requested by HMRC, or otherwise required, to fill in a self assessment tax return, because you are self employed, a higher rate taxpayer, a director, a trustee, a property investor, or another reason, you need to make sure than this return correctly discloses all taxable income sources/gains and claims all valid tax deductions.
Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Tax Planning
Today, more and more emphasis is being put on taxpayers' individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.
Inheritance Tax
If you think your estate (or that of a loved one) may be liable to inheritance tax, it is important to plan in advance so your tax liability will not be greater than it should be. There are many opportunities for tax efficient planning, if you put them in place in good time. Whether you are worried about inheritance tax costs or calculating your annual income tax, we have the expertise to answer all your questions and give you the best plan for the future.
Related topic: integra estate planning services.
Trusts
Integra has expertise in dealing with trusts; a relatively easy and very tax-efficient way to set aside assets for future beneficiaries outside the inheritance tax net. We can advise on the most suitable type of trust to fulfil your wishes, assist in setting up the trust and provide the full range of accounting services required for trust management.
Capital gains tax
Capital gains tax arises when assets are sold at a profit. With careful planning Integra can help to maximise the reliefs available and minimise the liability arising. Our team can help navigate the maze of exemptions and reliefs available, employing a range of techniques including:
- effective use of main residence elections
- minimising tax by transfers between spouses
Please contact Jo Carter to discuss how we can help minimise your tax liabilities with effective planning.
VAT
Ever changing regulations and the growing demands of Customs & Excise mean VAT compliance can be a difficult administrative process. Integra can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
- assistance with VAT registration
- advice on VAT planning and administration
- use of the most appropriate scheme
- VAT control and reconciliation
- help with completing VAT returns
- planning to minimise future problems with Customs and Excise
- negotiating with Customs and Excise in disputes and representing you at VAT tribunals if necessary.
Please contact Lisette Sampey for any assistance or advice with VAT issues.