Taxation including personal, corporate, VAT, PAYE, capital gains and inheritance, with specialists in all areas to make compliance less taxing.

VAT Returns

Compliance with VAT is complex. Investigations by HMRC can be intense - all the more important that your VAT returns are completed correctly.

There are three methods we can use to assist in completion of VAT returns...

  • Let us do your book-keeping and we complete the return from there;
  • Give us your books and we will complete the return for you;
  • Provide training on how to complete your return.

We complete VAT returns in good time to ensure you avoid any penalties.

VAT Registration

For VAT registration we can assist with...

  • Advising if you need to or if it would be beneficial to register;
  • Completion of the VAT registration forms and formalities;
  • Advising on the best VAT schemes to use suitable to your business - some you have to notify HMRC you are using and some you do not.

Tax Returns and Self Assessment

Tax Returns can be completed for...

  • Individuals and sole traders;
  • Partnerships;
  • Limited Companies.

The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It is important that...

  • Returns are correctly completed;
  • They are filed on time;
  • All backup records are retained for the appropriate period of time.

As well as the completion of your return we can assist with...

  • Advice on your tax liabilities;
  • Negotiating with the Collector if necessary;
  • Identifying suitable tax planning opportunities;
  • Completing all the necessary tax computations;
  • Dealing with all correspondence from HMRC, taking the worry away from you.

Inheritance Tax Planning

Tailored wealth succession planning enables a smooth transition to the next generation as well as minimising tax liabilities.

We can advise...

  • Individuals whose estate planning is close to the nil rate band or many times larger;
  • Techniques to mitigate inheritance tax on family homes, family businesses and investment portfolios;

However, estate planning is not solely about tax and we adopt a common sense approach, helping you to ensure your own financial needs are met and to avoid "giving away too much too soon".

Tax Planning

You are entitled to arrange your affairs to pay the absolute legal minimum amount of tax.

Whilst completion of tax returns and statutory tax obligations are important jobs, all accountants should be capable of completing them and advising you of your tax position and liabilities.

We try to do more than just this and are interested in maximising your tax planning opportunities.

We all have to pay our taxes but within the legal framework there are numerous ways of saving tax and making sure you do not pay a penny more than is absolutely necessary. We have extensive experience in this area of work and always fight as hard as we can for our clients.

We can help with tax planning in relation to...

  • Personal taxes;
  • Business taxes;
  • Tax efficient employee remuneration strategies;
  • VAT planning;
  • Inheritance Tax strategies;
  • Capital Gains;
  • Profit extraction strategies;
  • Exit strategies;
  • Employment status;
  • IR35 advice.

New clients are often surprised at how much can be done to help with their tax position. We are always willing to go that extra mile to offer advice on the areas where tax can be saved.

It is important that this work is done in advance and you should contact us as soon as possible.

About Us

B W Whiffin & Co are Chartered Certified Accountants based in Essex providing a full range of accounting and taxation services and work from multiple locations
Find out more...

Membership

Quickbooks

ACCA

Contact Us

B W Whiffin & Co
11 Church Road Wickham St Paul
Halstead
United Kingdom
CO9 2PL
01376 570171
admin@whiffin.co.uk
www.whiffin.co.uk

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