We have considerable experience of advising unincorporated businesses with tax compliance, tax planning and a range of other business issues.
Our unincorporated businesses experts are able to advise large or small partnerships regarding the partnership tax return, year end planning or tax implications for the constituent partners, including income tax, capital gains tax and inheritance tax. Our tax advice for partners joining or leaving can often be crucial.
Our unincorporated business service includes:
Tax compliance
- VAT advice
- Payroll management
- Examination of tax liabilities
Tax planning
- Guidance with the sale of businesses
- Providing an understanding of the implications of incorporation
- Guidance on structuring of partnerships
- A special service for solicitors and other professional practices
- Advice on the implications of using a Limited Liability Partnership
- Wealth management
PAYE and NIC health checks are also available.
For VAT advice visit the VAT services section of our website.
The next step
If you would like to discuss our services for unincorporated businesses, please contact one of our tax advisers at your nearest location, or complete the contact form.
A quarter of all taxpayers may be paying the wrong amount of tax due to incorrect PAYE codes according to our analysis.
From 6 April 2012 HMRC will be able to ask employers to pay a financial security where it thinks there is serious risk that the business won’t pay over their PAYE tax deductions or National Insurance contributions (NICs) on time.
Taxpayers who do not owe tax, or are even due a tax rebate from HM Revenue & Customs (HMRC), will be fined for the first time this year if they do not complete tax returns by January 31 2012.
Have you received – or are you about to receive – a letter from HM Revenue and Customs’ Risk and Intelligence Service, Criminal Intelligence Group?
