Taxation, Self Assessment & Payroll

We help countless businesses comply with UK, Ireland & European tax regulations. Why not join this growing list of satisfied customers and offload this stressful task to Chapelle Consultants.

Tax Returns and Self-Assessment

Tax Returns can be completed for:

  • Individuals and sole traders
  • Partnerships
  • Limited Companies

The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It’s important that:

  • Returns are correctly completed
  • They are filed on time
  • All backup records are retained for the appropriate period of time

As well as the completion of your return we can assist with.

  • Advice on your tax liabilities
  • Negotiating with the Collector if necessary
  • Identifying suitable tax planning opportunities
  • Completing all the necessary tax computations
  • Dealing with all correspondence from HMRC, taking the worry away from you

Personal Tax

Personal tax services are available for both business owners and private individuals including:

  • All aspects of Self-Assessment
  • Dealing with Tax Returns
  • Identifying suitable tax planning opportunities
  • Computation of liabilities
  • Completing all the necessary tax computations
  • Dealing with all correspondence from HMRC, taking the worry away from you
  • Corresponding with HM Revenue & Customs
  • Computation of Capital Gains
  • Preparation of income from property accounts

Property Tax

Are you a buy to let investor, property dealer, or developer? Property tax is a bit of a maze and we can advise you on issues such as:

  • Tax reduction strategies for rental income
  • What is a repair and tax deductible and what is capital and not
  • When to use a Limited Company to save tax
  • Trading income versus Capital Gain considerations and advice
  • Capital Gains rollover and holdover considerations
  • Stamp duty planning
  • Tax efficient mortgage structures
  • VAT considerations of property deals
  • Making the most of the Principal Private Residence election
  • Tax issues on the sale of part of your residence
  • Second homes
  • Tax advantages of furnished holiday lettings

Capital Gains Tax

This is a complex area of taxation where good advice given before the sale takes place can save you thousands of pounds. If you are thinking of selling any asset, for example a business, buy to let property, or shares, please contact us.

We can:

  • Advise on method and timing of disposals to minimize capital gains tax
  • Prepare capital gains tax computations and calculate the tax due
  • Complete the relevant pages on your Tax Return
  • Advise on all matters which relate to capital gains; for example only or main residence relief, letting relief , entrepreneurs relief

PAYE & Payroll Services

Everything seemed fine running your own business until the day you took on your first employee and became an unpaid tax collector. This is when you found out what red tape was all about.

Let us take the strain away from you and let you get on with running and growing the business. Payroll is complicated and has to be done on time as you as the employer are responsible for the mistakes.

We run payrolls on time and can provide a tailor made service for your business including:

  • Monthly summaries
  • Departmental reports
  • Dealing with leavers and starters
  • Provision of analysis of staff costs
  • PAYE returns for the Revenue
  • CIS returns completed by us
  • Employer Annual Return P35
  • Employee summary P60s and P14s
  • P11D and P9D benefit and expenses returns

You will never have to worry about calculating statutory sick pay, maternity pay or dealing with tax credits and student loan deductions ever again.

Beyond the payroll compliance service, we offer comprehensive advice on all employment tax issues including:

  • Tax efficient remuneration strategies
  • Planning for retirement
  • Termination payments
  • Inducement payments
  • Company car and van strategies
  • Benefits planning