Taxation

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, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Personal Tax Returns
We have the expertise 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.

Personal 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.

 Corporation Tax Returns & Planning
At CNG Associates we offer a wide range of corporation tax services to help you comply with the requirements of increasingly complex corporation tax legislation. Our corporation tax compliance services include:

  1. Preparation and filing of corporation tax return.
  2. Calculation of corporation tax liability.
  3. Agreeing tax computation with HM Revenue & Customs
  4. Preparation of claims and elections.

We also offer corporation tax planning services which involve finding the most tax efficient and legitimate tax schemes to minimise exposure to taxes.

 Tax & VAT Investigations
The Chancellor’s decision to merge the Inland Revenue and HM Custom and Excise means that they will be in better position to communicate with each other about your business and hence information can be passed from one to another. VAT investigation can be started by HM Custom & Excise as a result of an Inland Revenue enquiry.

The HMRC has been empowered by tax legislation to select tax returns submitted for investigation. The reason for investigation maybe varied. Some businesses may have a higher risk of being investigated than others, due to late submission of tax returns, unexplained capital accumulation, or because purely selected at random. Whatever the reason, we have the skills and expertise to handle the investigations on your behalf, and always serve your best interest.