Taxation

Tax is a certainty in life, but we believe in a straightforward approach to ensure you only pay what you should.

By reviewing your financial situation, we help you claim what you are entitled to and avoid unfair tax bills.

    Our tax specialists handle matters professionally and diligently, working with tax authorities to resolve complex issues in your best interest.

    Whether we are preparing your accounts or managing your tax affairs, G. George Associates is committed to securing the best outcome for you, ensuring you only pay what is fair and taking advantage of every available opportunity to minimise your tax burden.

    Get in touch now at 020 8368 8456.

    Corporate Tax

    Understanding the complexities of tax legislation and staying updated with new developments requires expertise.

    At G. George Associates, we have a skilled team of accountants and tax advisers ready to assist you with your tax matters.

    Our qualified consultants specialise in addressing intricate UK tax issues to help minimise your tax exposure.

    We prioritise delivering innovative and adaptable solutions to your tax enquiries, adjusting them as circumstances and regulations evolve.

    • Tax planning for businesses of all sizes
    • Onshoring overseas companies with UK properties without any tax implications (using various reliefs available)
    • Assistance and guidance in claiming various applicable reliefs including R&D claims, land remediation relief, Group relief, Substantial Shareholding Exemption (SSE) etc.
    • Guidance on capital allowances available on commercial properties
    • Complex tax planning for restructuring of company assets to include capital reduction demergers etc
    • Guidance on UK tax implications of overseas assets
    • Advising on corporate tax residency
    • Advice on VAT and other indirect taxes

    Personal Tax

    We can handle your personal tax affairs, saving you time and effort. In addition to ensuring your self-assessment return is accurate and submitted on time, we offer expert tax planning to help you save money and safeguard your financial future.

    Our tax team provides advice and guidance on every aspect of your tax matters, ensuring you receive the support you need to manage your obligations efficiently and effectively.

    • Personal tax planning
    • Preparation of self-employed tax calculations
    • Tax advice on converting sole traders into limited companies
    • Business succession planning
    • Handling the sales of businesses and business assets
    • Managing enquiries and investigations from HM Revenue & Customs, including Code of Practice 9 (COP9) enquiries.
    • Insights into capital gains implications, maximising exemptions and reliefs for business and non-business assets

    VAT

    VAT is becoming an increasingly intricate area due to a continuous flow of legislative changes.

    Errors can result in significant penalties of up to 30% of the VAT due. We ensure your compliance with the regulations and, most importantly, that you pay the correct amount of VAT each quarter.

    • Assistance with VAT registration, including all necessary documentation for a smooth registration process
    • VAT checks to ensure your systems are correctly set up to account for VAT, preventing any underpayments or overpayments
    • Preparation of your VAT return
    • Consultation on VAT planning and administration
    • Guidance on the most suitable VAT scheme for your business

    Inheritance Tax

    Developing a thoughtful inheritance tax (IHT) plan is essential, even if it can seem complicated or uncomfortable. Protecting the legacy you have built for future generations should be a priority.

    Our team consists of experts ready to assist you in navigating this intricate area of tax law. By understanding your asset base and family situation, we can find ways to minimise your UK IHT exposure while safeguarding your wealth.

    • Advise on the establishment and administration of Family Trust and Family Investment Company
    • IHT Planning
    • Assistance in probate and IHT forms
    • Ensuring wills are drafted to optimise tax efficiency

    Capital Gains Tax

    We provide a tailored capital gains tax (CGT) service, delivering personalised tax advice to each client. Our experienced accountants possess extensive expertise in both personal and business taxation. By assessing your unique situation, we can assist you in maximising available capital gains tax relief and deductions.

    In addition to minimising your CGT liability, we ensure full compliance with HMRC and handle all communications with them on your behalf.

    • Computation of capital gains tax on sale of UK assets, including properties
    • Assistance in reporting capital gains tax on sale of UK residential property within 60 days of completion
    • Advise and careful capital gains tax planning by using Business Asset Holdover Relief and Business Asset Disposal Relief (formerly known as Entrepreneurs’ Relief)
    • Guidance in connection with incorporating a property letting business
    • Setting up a family investment company

    Payroll

    As a business owner, your attention should be directed towards achieving your objectives rather than the complexities of payroll compliance. By outsourcing to us, you can enjoy the benefits of a personalised in-house payroll experience while also taking advantage of the cost efficiency and core focus that outsourcing provides.

    Our flexible solutions will ensure you receive tailored support, allowing you to concentrate on what truly matters for your business.

    • PAYE registration
    • Monthly and annual payroll submissions
    • PAYE payments/liabilities
    • Setting up workplace pensions and pension administration on an ongoing basis
    • Guidance on employee taxation for both employers and employees
    • Payroll consultancy and advice

    Stamp Duty Land Tax

    Stamp Duty Land Tax (SDLT) is growing more complex and frequently misunderstood. Our team of SDLT specialists is here to help you accurately assess how SDLT applies to specific transactions and identify ways to potentially reduce your liability.

    We can also offer a second opinion to determine if you have overpaid SDLT and guide you through the reclaim process.

    Annual Tax on Enveloped Dwellings (ATED)

    ATED is an annual charge on UK residential properties held by a company valued greater than £500,000.

    We can assist you with filing the ATED annual return, claiming all available reliefs and advising you of any charges payable.

    HMRC Enquiries & Investigations

    HMRC is persistent in identifying and recovering unpaid taxes, and you or your business can be investigated regardless of your payment history. This can be stressful and time-consuming, often involving complex tax language.

    If you or your company becomes the subject of an HMRC investigation, our team of tax experts can help alleviate the pressure and guide you through the process. We aim to minimise the stress and ensure the situation is handled efficiently and with expert support.

    Software providers we work with

    Logos Xero Certified
    Logos Taxcalc
    Logos Sage
    Logos Quickbooks
    Logos Iris
    Logos Freeagent
    Logos Dext

    Contact us

    If you require more information about our services, please get in touch at 020 8368 8456.

    “It was so reassuring to find a team of accountants that could actually explain things to us in normal language. We’ve gained so much more than any of our previous accountants were able to provide”

    Mrs A Ladee

    Director, This Fashion Inc, London