Blackwater Accountants and Tax Advisers in St Albans, Hertfordshire, UK

Accounts Preparation

Our business advisory and accounts team coordinates our services to all types of SME’s including sole traders, partnerships, LLP’s and limited companies.

Small businesses have a wide range of requirements and in order to satisfy these we offer:

• Cashflow projections and business plans
• Bookkeeping assistance
• VAT compliance
• Annual accounts preparation

We can providing bookkeeping services to your own offices should you require. Contact us for more details.

Payroll

Our payroll service allows our clients to concentrate on growing their business, secure in the knowledge that payroll tasks are taken care of by our specialist team.

Our payroll team manage all aspects of payroll including new starters, leavers, tax code changes etc. and produce paper or digital payslips, as well dealing with all auto enrolment compliance duties.

We can also provide detailed management analysis reports so you can easily monitor your liabilities and make adjustments as neccesary.

Tax Compliance

We provide a wide range of taxation services from routine compliance to assisting with complex HMRC investigations and enquiries. We take a proactive approach to taxation, providing our clients with appropriate advice to enable them to make informed decisions on all matters of taxation. Our services include:

• Personal tax return completion
• Personal tax planning and wealth management
• Inheritance tax planning
• Offshore tax matters and non UK residence
• Corporate tax returns
• Efficient extraction of profits
• Tax efficient corporate structures
• PAYE compliance and health checks
• P11D completion and advice
• VAT return completion and advice

Tax Planning

The common perception is that tax planning involves complicated arrangements and structures that accountants or lawyers create to reduce the amount of tax you pay. This is not the case. Tax planning is available to everyone and the Government regularly introduces new legislation and allowances. Understanding these and how they might apply to your circumstances allows you to ensure you pay the right amount of tax, minimise your tax bill and comply with current rules.

Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency. Through tax planning, all elements of the financial plan work together in the most tax-efficient manner possible. Tax planning is an essential part of an individual investor's financial plan. Reduction of tax liability and maximizing the ability to contribute to retirement plans are crucial for success.

We provide bespoke and holistic tax advice to private clients and owner managed businesses, with particular expertise in:

• Property taxes and SDLT
• Business incorporations, cash extraction and dividend strategies
• Corporate acquisitions and disposals
• Employee share schemes and options (including EMI options)
• Management buy-outs
• Share buy-backs
• Capital Allowances
• Corporate reconstructions and demergers
• Succession planning of owner managers
• Inheritance tax planning and effective use of trusts (both onshore and offshore)
• Withholding tax planning

Business Consultancy

We have broad experience in helping businesses in many sectors improve. In the past we have helped clients develop expansion strategies, with marketing, raising finance, investment appraisal, systems implementation and much more.

We work with a number of lenders to provide access to credit and lending facilities, to support your business when required. Please get in touch if you would like us to make an application on your behalf.

HMRC Investigations

"We understand that people sometimes make mistakes in their dealings with HMRC and that HMRC make mistakes in dealing with taxpayers. Many people do not know how to deal with HMRC or who to turn to for help resolve the tax dispute.

Our firm of tax advisors specialise in resolving people's problems with HMRC. We have extensive expertise in dealing with all forms of tax investigations and tax disputes as well as with taking matters to the Tax Tribunal where agreement cannot be reached.

We deal both directly with the individual who is under enquiry and also work with many firms of accountants supporting them in dealing with HMRC disputes and advising them on how to handle HRMC to get the best result.

The fact is that proper management of HMRC is the best way of reducing the tax, interest and penalty as well as the time taken in resolving any tax dispute.

Our expert team are none judgemental and rigorously defend your position within the scope and parameter of the law. We take control and manage the process to minimise the interruptions that any form of tax investigation causes to an individual's life and business."