Taxation – MCT Partnership LLP

Personal Tax

Many taxpayers struggle to understand the complex tax returns and often make errors in completing them. Unfortunately, with self assessment there is no margin for error.

Corporation Tax

Every limited company has a duty to complete an annual corporation tax return disclosing their tax payable on profits and gains of the company.

Tax Investigations

HM Revenue & Customs (HMRC) is adopting an aggressive stance towards tax non-compliance. This includes tackling tax evasion and aggressive tax avoidance, with the aim of bringing in additional tax revenues.

Estate Planning

Early planning is crucial when making arrangements for the future. Such forethought may enable you to take full advantage of the tax opportunities available and thus maximise the amount that is passed to your beneficiaries.

Capital Gain Tax Planning

With the ever-increasing ‘second home ownership’ generation, and the ever-growing asset base of the UK, capital gains tax (CGT) is becoming a more regular feature in taxation matters for both individuals and companies.

Trusts

Trusts are a tax-efficient way in which to set aside assets for future beneficiaries outside of your inheritance tax net.