Self Employed and Partnership Returns
If you are self employed or own a share in a partnership then you'll need to file returns to HMRC. At McManus Hall, based in Consett, Co Durham we'll prepare your tax return based on the information you give us and ensure it is filed on time, avoiding any unnecessary fines.
Self Employment Taxation
If you are self employed or thinking about setting up a company McManus Hall can help you every step of the way. We'll prepare tax computations from your records and advise where possible what expenses you may be able to claim for.
We'll help you minimise you taxation by giving tax planning advice. This will include help making decisions about when to purchase fixed assets and which assets qualify for capital allowances reducing your tax bills further.
We can advise how best to sell your business and how, on incorporation you can withdraw cash tax free. We'll be able to advise on the optimum levels you can withdraw and any reliefs that can be claimed.
Partnership Taxation
Partnerships can become a complicated area of taxation and at McManus Hall we are well placed to ensure that all partnership taxation matters are covered.
We can prepare partnership accounts and associated tax computations based on your records. We will then produce the partnership tax return as well as individual tax returns for partner members.
We'll also provide advice succession planning and how best to deal with any issues that may arise from being in partnership.