Tax

Services provided by our Tax team

Prime's Chartered Tax Advisors are best placed to advise individuals and businesses on all tax related matters, whether this be compliance based or in a more advisory capacity. We work with clients to structure their affairs to ensure they pay the correct amount of tax and no more.

Personal

Prime’s in-depth knowledge of the tax rules and regulations can help you identify tax planning opportunities and avoid potential pitfalls.

Corporate

Prime calculates the company’s corporation tax liability as well as preparing the return for filing with HMRC.

Inheritance Tax

Prime work with clients to mitigate their inheritance tax liability through careful planning

Capital Gains Tax

Careful planning of capital asset disposals to utilise your annual personal CGT allowance is essential to minimise your capital gains tax liability.

Self Assessment Tax Return

The Self assessment tax return is due to be completed and filed by 31st January, Prime completes this form on behalf of clients.

HMRC Enquiries

Anyone could be subject to an HMRC tax enquiry and Prime has extensive experience of defending clients against HMRC during such investigations.

VAT

Value Added Tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.

Capital Allowances

Your commercial property or trading premises has many fixed plant elements within the fabric of the building that would qualify for capital allowances.

Research and Development

If you are innovative then you may be able to benefit from the generous reliefs available.

Tax investigation service

Our Tax Investigations Service is designed to reimburse the costs of your defence in the event that you are selected for enquiry.

Personal Tax Account

Your personal tax account bring together all of your tax information in one place, allowing you to check and manage your tax affairs online.

Tax Planning

We are able to provide support and advice that will allow our clients to optimise their tax position and allowances whilst continuing to be compliant with HMRC legislation.

If you are looking for an accountant for your business or personal finance matters call Prime Accountants Group, to arrange a free, no-obligation meeting with a Director.