{"id":561,"date":"2021-08-18T12:03:05","date_gmt":"2021-08-18T11:03:05","guid":{"rendered":"https:\/\/ctt-group.co.uk\/accountancy\/tax\/"},"modified":"2023-11-14T16:26:37","modified_gmt":"2023-11-14T16:26:37","slug":"tax","status":"publish","type":"page","link":"https:\/\/ctt-group.co.uk\/accountancy\/services\/tax\/","title":{"rendered":"Tax"},"content":{"rendered":"
Self Assessment <\/strong><\/p>\n Although there is a standard annual requirement to file your self-assessment tax return where you have income from sources other than employment such as rental property, capital gains, dividends etc. we assess your financial situation and future plans to identify tax saving opportunities.<\/p>\n Corporation Tax <\/strong><\/p>\n Business tax can be complex in terms of allowable expenses and available reliefs. At CTT Accountancy, we ensure compliance and file returns with HMRC but also incorporate tax efficient planning.<\/p>\n Capital Gains Tax <\/strong><\/p>\n Asset disposals should be planned carefully in order to maximise utilisation of reliefs and minimise tax liability. From 6th<\/sup> April 2020, HMRC have introduced the requirement to report and pay any capital gains tax arising from sale of UK residential property within 30 days of completion. Failure to do so can result in penalties and interest charges so we work together with you and the solicitor to ensure this tight deadline is met.<\/p>\n Tax Investigation Service and HMRC Enquiries <\/strong><\/p>\n HMRC can launch investigations and enquiries in relation to you and\/or your business at any time. We offer a fee protection cover to put your mind at rest when it comes to costs you may incur as a result of CTT Accountancy dealing with the enquiry.<\/p>\n Research & Development <\/strong><\/p>\n Generous tax reliefs are available to companies where research and development projects are underway. We can assist in identifying qualifying expenditure and maximising claims.<\/p>\n <\/p>\n\n\t<\/div>\n\tExplore this section…<\/h2>\n\t\t\t\t\t\t\t\t\t