Corporation Tax Services
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments due.
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.
“I have been in the business for over 20 years. Being in business itself is challenging enough. It is important as a business owner to concentrate on increasing our business than spending time dealing with tax affairs. We had 2 accountants in the past and we thought that they were doing a good job till we were inspected by the Taxman. I than found out how wrong was I and approached Hoffman & Cohen Chartered Certified Accountants to help us with the inspection. All I can say is that instead of paying, we are gladly claiming overpaid tax back from the tax authorities legally. As a business owner, do I need to say more? I am also very pleased to have expanded my business with Hoffman & Cohen Chartered Certified Accountants assistance”.