Taxation is a matter of interest to us all. We believe that there are two strands to our taxation service, tax compliance and tax planning. At Hammond McNulty we offer a proactive and commercial approach to both.
The self assessment regime has placed greater pressure on individuals and partnerships and now companies. The results of non compliance and missed deadlines are often penalties and interest. Our fully computerised compliance function aims to relieve this burden, ensuring that deadlines are met and that clients are informed of liabilities in a timely manner.
We also offer a professional fee protection insurance scheme where our own fees are covered in the event of us defending an Inland Revenue investigation on your behalf. That said, we understand the inconvenience and hassle of such enquiries and do all we can to bring matters to a quick and cost effective settlement.
Our tax planning service aims to advise in detail on the tax implications of any particular course of action so that pitfalls are avoided. Particular examples relate to complicated capital gains tax reliefs and inheritance tax plans or advice on group company structures.
We plan and implement the strategy that is right for you and keep you abreast of any changes in legislation which may provide opportunities to reduce the tax liability as well as changes which could result in an increased liability unless appropriate action is taken.