Our Services: Taxation
The changing rules and regulations surrounding tax make it a very complicated area which many business organisations and individuals are finding increasingly difficult to understand and manage.
By appointing RUS Chartered Accountants to take care of your affairs, you can rest assured that your tax affairs will be in order and submitted in a timely manner.
Our expert knowledge can benefit both individuals and companies in the form of comprehensive and professional services. Not only do we file your tax returns, we provide tailored tax advice based on your specific circumstances no matter what type of business you have.
We can help you make the most of the tax-saving opportunities available to you whilst ensuring you remain fully compliant and up to date with the very latest regulatory changes.
RUS Chartered Accountants is a member of the Tax Faculty of thr Institute of Chartered Accountants in England & Wales, this body regularly advises and lobbies the Government on various tax issues relating to taxpayers.
Details of some taxation related services we provide are outlined below:
Soletraders & Partnerships:
Completion of personal Tax Returns and partnership tax computations and advising on tax allowable expenditure.
Rental income and expenditure accounts & utilising relief available e.g. wear and tear allowance.
Self Assessment Tax and NI liabilities including advising on dates of tax due.
Capital gains Tax liabilities calculation incorporating relief available.
Personal tax planning services.
Inheritance tax planning
Advice on allowable business expenses to reduce tax liabilities.
Corporation Tax computations CT600, including claims for capital allowances, first year allowances.
Advising on the tax benefits or disadvantages of company cars.
Advise on group loss relief if applicable, management charges etc.
Company tax planning services.
Personal Wealth and High Net Worth Clients:
Advice on tax implications of certain Investment proposals.
Taking advantage of certain approved schemes available to mitigate tax liabilities.
Set up and use of trust to mitigate inheritance tax liabilities through intermediaries.
Calculations of the Tax/NI on employees wages and salary from instruction.
Providing payslips and P60's and P45's.
Completion of P11ds including expense claims.
Advice on amounts and dates due for payment.
Operation of payroll based on new RTI system and monthly submission reports.
Calculations of VAT liabilities from prime accounting records.
Completion of VAT100 based on either normal method or flat rate.
Advice on method of VAT calculation and whether flat rate scheme is appropriate for tax efficiency.
Vat calculation based on retail margin schemes.
Assisting with HMRC VAT routine inspections.
VAT Option to Tax on property transactions:
Advice on whether it is beneficial to register under this option to reclaim VAT back on VAT charged on purchase of property
Partial exemption rules and calculations
Actual registration to obtain OTT certificate
Completion of VAT returns for this registration and restriction of vat claimed based on mixed use of premises if appliccable.
HMRC Investigations and Enquiries:
Tax consultancy advice to deal with HMRC enquiries, and liaising/meeting on behalf of clients with HMRC to final agreement/settlement.
We provide facilities to host the inspections and meetings at our premises to avoid disruption at client business premises.
RUS Chartered Accountants regularly provide a tax enquiry settlement service with other local accountants for their clients. We get this work due to our indepth knowledge and negotiation skills. We have an excellent success rate with dealing with HMRC enquiries. Please refer to our HMRC Compliance Case Services or for further details or contact us.
Why Choose RUS
Since 1992, RUS Chartered Accountants have specialised in supporting accountancy, taxation and audit needs for all types of businesses and individuals throughout the United Kingdom.
By choosing RUS Chartered Accountants you will have access to a team of qualified and part qualified accountants who you are able to contact directly as and when you wish to. Should we be engaged to, we will take care of all your business and personal taxation needs and will take the time to get to know you and your business to ensure efficiency. An account manager will be allocated as a main point of contact.
We have been working with our clients for over 20 years and have a wealth of experience, allowing us to understand your needs.
Our accountants are dedicated to providing the very best in services and are mostly either qualified or part qualified working towards the following qualifications: ACA, ACCA. Our staff undertake training on a regular basis to ensure that their knowledge is up to date so our firm can provide the highest standards.
Here at RUS Chartered Accountants, for many of our Medical Professional and Contractor clients, we have tailored and standardised services providing our clients with an all-inclusive accountancy package for an agreed monthly fee.
For more information on our services please contact us.
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RUS Chartered Accountants
1190A-1194 Stratford Road
Tel: 0121 777 1200
Fax: 0121 777 9200