Individuals

Price from £150 + VAT per Return

With our income tax return service, we can remove the burden of administration and ensure every deadline is met. You simply provide us with your financial records in relation to your tax affairs and we will prepare all the necessary calculations and deductions, as well as claiming any reliefs, deductions, allowances and repayments that you might be due.

Price from £500 + VAT

Tax, whether on your income, business or investments can be complicated and hard to unravel. It can be difficult to know what you should and should not be paying, what new tax legislation means for you and how best you can utilise your tax payments.

Efficient tax planning can make a huge improvement to your personal and business finances, not just in terms of immediate cash flow and profit, but also in protecting your wider interests and securing your wealth for the future.

Tax planning involves thinking ahead to create a strategy that helps minimise the amount of taxes you pay. Sometimes planning is required when circumstances change, such as, on family changes, retirement, death, although strategic planning is important at all stages in life.

We’ll talk with you to fully understand your personal or corporate financial goals and then help you create a tax strategy that follows all tax regulations applying to you.

Price from £500 + VAT

Correspondence with HM Revenue & Customs (HMRC) is something many business owners dread. Not only does this consume valuable time but also the idea of contact can be very daunting, especially if you aren’t a financial expert.

Dealing with correspondence from HMRC can be crucial especially for small businesses, sole traders, limited companies and partnerships. Failure to address correspondence from HMRC correctly can result in serious legal consequences, fines, penalties and even court cases. However, it is important to be aware that you do not have to be the one who deals with HMRC. You can appoint us as a representative and we can liaise with HMRC on your behalf.

At VinSam we have a vast amount of experience in dealing with HMRC correspondence and know exactly how to communicate with them. With the service we provide there is no question of issues arising from improper correspondence, giving you peace of mind!

Price from £400 + VAT

Capital gains tax is payable on gains made from the sale of capital assets such as property, shares, stocks, etc. There are a wealth of different reliefs and planning opportunities available. Our main objective therefore, is to ensure you are claiming all available reliefs to help reduce your tax bill.

Price from £400 + VAT per Return

Inheritance Tax is a tax on the estate of a person that has recently died, which includes their property, money and possessions. Inheritance Tax is paid if the estate is worth more than the £325,000 threshold. Above the threshold there is a 40% tax liability, which may be reduced if the applicable reliefs are claimed correctly. If you are the administrator of the estate, you may find it helpful to seek an accountant to advise you on any Inheritance Tax and other taxes you are eligible to pay. VinSam can advise you on all matters relating to inheritance tax.

With all the submission deadlines and taxes to pay it can be very confusing to navigate the complexities of inheritance tax, however at VinSam Ltd this is familiar territory. We will ensure that all the Inheritance tax obligations are dealt with correctly and in a timely manner.

Price from £1,000 + VAT

We have a wealth of experience in completing estate accounts and ensuring that all tax has been paid correctly. With the recent tax law changes regarding trusts, it can be very complicated with penalties arising if returns are filed late, incorrectly and if the incorrect amount of tax has been paid. We can help you to complete the annual trust accounts and tax returns, calculate the correct amount of tax due and communicate with HMRC on your behalf.

Price from £400 + VAT per Return

Tax affairs become very complex when there are overseas issues, such as, being UK tax resident but non-domiciled; or on leaving the UK and becoming non-resident of the UK. We are often asked to address issues of domicile and the tax implication, particularly where planning is needed prior to tax residence status changing.

Price from £350 + VAT per Return

Many clients approach us seeking advice on the tax implications of owning Buy-to-Let properties. Clients with buy-to-let properties are expected to submit a Self-Assessment tax return (SATR) each year, declaring their profit after deducting allowable costs from the income.

Tax is then payable on this profit. One of the key tax issues in respect of buy-to-let properties is determining whether expenditure can be offset against income and tax i.e. is it of a revenue nature? If it is capital expenditure, then the cost may only be offset against the capital gain arising on the eventual disposal of the property.

There are also tax changes ahead, relating to the tax relief due on mortgage interest payable, and this is going to have an impact on the profitability of investing in property, specifically, with the purpose of renting it out in order to provide a return on investment.

If you have any concerns about these changes, then do feel free to contact us and discuss the options available to you. In fact, if you need any advice on the tax implications of all aspects of owning buy-to-let properties, including the funding, ownership and disposal strategies, as well as assisting with reporting the income on your self-assessment tax return, then do contact us.