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Capital Gains Tax (CGT) : When you sell or give away an asset, if it has increased in value, you may be liable to be taxed on the profit. There are, however, several items and scenarios of exchange that are exempt from CGT.

DeTaxify can help you use these to minimise your CGT payments.

Self-administered Pension Funds : Pension planning attracts tax reliefs. Instead of taking up a pension with an insurance company who will invest your money for you, a self-administered pension fund enables you to decide where your money is invested.

DeTaxify can set up an appropriate scheme for you, helping you stay in control while maximising your tax reliefs.

Tax Enquiry : A tax enquiry (or tax investigation) is a formal investigation of your tax affairs by HM Revenue & Customs. It may be an Aspect Enquiry (querying one aspect of your tax return) or a Full Enquiry (investigating your entire tax situation and records). Tax enquiries may take your accountants years to resolve and can prove extremely costly to you and your business if they are not handled by experienced and qualified professionals who can negotiate on your behalf. Paying a monthly subscription fee may also be cheaper than paying a one-off fee to your accountant as the enquiries occur.

We can help you:

Avoid tax enquiries – risk assessing your tax returns to minimize the risk of a tax enquiry.

Manage your tax enquiry – defend your position and negotiate with HMRC. Liaising with HMRC is a skill and we have experts who are experienced in dealing with HMRC enquiries.

DeTaxify can help you to both avoid and handle tax enquiries.