Tax Compliance and Planning

Business tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government.

MFA offer a range of services to help you minimise your tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:

• Determining the most tax effective structure for your business
• Taking full advantage of tax opportunities and reliefs
• Achieving the optimum capital or revenue tax treatment
• Reducing tax on disposals and maximising relief on acquisitions
• Making the most of tax opportunities specific to your industry
• Meeting the rigorous demands of compliance including tax self assessment
• Acting on your behalf in discussions with the tax authorities
• Efficient tax planning can result in potentially significant improvements in your bottom line

With reard to individual tax, MFA can help to optimise individuals' tax positions and ensure they meet all the compliance requirements. We are the tax specialists. We can provide you with year round tax advice on:

• Income tax
• Capital Gains tax
• Inheritance tax
• Trusts and estates
• Non-domiciliary tax issues

For further information contact MFA Chartered Accountants and Insolvency Practitioners based in Fareham, Hampshire and covering , Portsmouth, Southampton, Havant, Locks Heath, Petersfield, Waterlooville, Horndean, Titchfield, Lee-on-Solent, Emsworth, Park Gate, Warsash  and all surrounding areas.