Taxation Advice and Support

 

Income Tax is chargeable on all income earned above a personal allowance by individuals at varying rates of tax: from 20% to 50%.

Denarius have many years experience advising clients to maximise their tax free allowances and in turn reduce their tax liabilities. We always ensure that you pay the correct amount of tax owed because at the end of the day it is your hard earned cash.

tax Value added tax or VAT as it is referred to in short is chargeable on sales of a business. It is commonly referred to as a sales tax. From 2011 it will increase to 20%.

We are heavily involved in assisting clients in makin the most from being VAT registered. Given the amouont of rules and regulations it is or paramount importance to get the processes right or you will incur penalties and determinations when the Inspectorate pay a visit.

Your organization strives to achieve a high-quality, effective and efficient tax function; however, you work against a backdrop of legislative and regulatory environment complexity and with limited resources. Denarius Consulting's tax function optimization services can assist you in enhancing the performance of tax management in your organisation.

Payroll Services

We provide a complete payroll service to suit you. Weekly, bi-weekly, monthly or whatever timeframe to meet your requirements.

With our online system we can also give you remote access to ensure all employee details are always correct.

We also take care of all year-end returns including P-60s, P-11ds and more. If you wish to outsource your payroll contact us now.

corp

Corporation tax is chargeable on all income earned by companies at varying rates of tax: from 21% for small companies to 28%.

Companies with UK profits chargeable to corporation tax of £300,000 or less, currently pay corporation tax at the Small Companies' Rate (SCR) of 21%. Plans to raise the rate to 22% have been deferred (until April 2011) in the last two Pre-Budget Reports.
Profits exceeding £300,000 are taxed at the large companies' rate of 28%, with a deduction for marginal relief where profits are between £300,000 and £1.5m.

Capital Gains Tax is extremely topical. The emergency budget has increased the standard rate of 18% to 28% for higher rate tax payers. Please contact us to discuss how we can help negate this increase.

Capital gains tax is the levy you pay on the profits - or gain - that you make when you sell, give away or dispose of something you own, such as shares or property.

The tax is paid on the gain - or profit - you make, not the value of the asset itself. However, there is a tax-free allowance on the first £10,100 of any gains.

We at Denarius have many years of experience when dealing with capital gains tax. If you are a business owner and are embarking on a sale; maybe retirement beckons or maybe selling to move on; either way we can give you the best advise to mitigage any tax liability.

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