At Fairway Syndicate, we offer tax return services for individuals, individual businesses, and corporations.
The self-assessment process is complex, with HMRC imposing penalties and possessing extensive investigation powers. To navigate this system effectively:
Ensure accurate completion of tax returns.
Submit returns on time to avoid penalties.
Maintain proper backup records for the required period.
We go the extra mile by offering:
Tax advice to optimize your financial position.
Negotiation with tax authorities when necessary.
Identification of tax planning opportunities.
Comprehensive tax computations.
Handling all correspondence from HMRC, relieving you of worries.
Our mission is to ensure that you meet your tax obligations while maximizing your tax efficiency within the bounds of the law.
Starting your own business was smooth sailing until the day you hired your first employee and unwittingly transformed into an unpaid tax collector. That’s when the weight of bureaucracy became apparent.
Let us alleviate your stress and allow you to focus on business execution and growth. Managing payroll is complex and time-sensitive, with the employer bearing liability for any mistakes.
We excel at handling payroll promptly and offer a service tailored to your business, including:
Ensuring accurate payroll for your employees.
Providing monthly summaries.
Generating departmental reports.
Efficiently managing new hires and departures.
Offering analysis of staff costs.
Handling PAYE income returns.
Assisting with automated payment setup for your employees.
Completing CIS returns.
Handling PAYE income returns.
Assisting with automated payment setup for your employees.
Completing CIS returns.
At the close of each year, you’ll receive:
P35 Employer Annual Return.
Employee summary P60 and P14.
P11D benefits and costs, along with returns P9D.
Beyond payroll services, we provide comprehensive advice on employment matters, including:
Tax-efficient remuneration strategies.
Retirement planning.
Termination benefits.
Incentive payments.
Company car and van strategies.
Benefits planning.
In the realm of business, it’s an unfortunate reality that HMRC may initiate investigations, irrespective of your innocence or your accountant’s competence. HMRC conducts inquiries randomly and for specific reasons, making such investigations an unwelcome experience. Expert defence is invaluable in such situations.
If you’re chosen for a random investigation, you need an accountant well-versed in HMRC’s processes and mindset, ready to defend your case. We ensure that the Treasury adheres to internal guidelines, preventing arbitrary actions.
Following an investigation into unreported income, HMRC can impose various penalties. Beyond the tax owed, these penalties can double your tax bill. Late payment of tax also incurs interest. We specialize in minimizing these penalties.
While random investigations can happen to anyone, proactive steps can help you avoid scrutiny for other reasons. We understand the triggers that often lead to investigations when you fail to clarify details with HMRC during return submissions. Each tax return undergoes anti-investigation scanning to identify potential areas of concern, significantly reducing your chances of facing an investigation.
In uncertain tax landscapes, having a reliable ally can make all the difference.
Navigating the complex world of contracting and IR35 regulations can be challenging, but at Fairway Syndicate Ltd., we’ve got you covered.
Comprehensive Guidance: We provide expert guidance to contractors, ensuring they understand the implications of IR35 legislation and how it affects their tax status.
Tax Optimization: Our team helps contractors optimize their tax position, minimizing liabilities while staying fully compliant with tax regulations.
Contract Review: We review your contracts to assess IR35 status accurately, ensuring you’re prepared for any tax changes.
Personalized Strategies: Our services are tailored to your unique situation, helping you make informed decisions that benefit your financial future.
IR35 Compliance: We assist you in navigating the intricacies of IR35, so you can focus on your work without worrying about tax implications.
Transparent Communication: We believe in clear and open communication, ensuring you have a thorough understanding of your tax obligations.
With Fairway Syndicate Ltd., you can navigate the contractor landscape with confidence. Whether you’re a contractor or considering hiring one, our expertise in IR35 ensures that your tax affairs are in capable hands. Contact us today to discuss how we can support your contracting journey.
VAT compliance is becoming increasingly intricate, with potentially intense VAT investigations. Success in negotiations with tax authorities is paramount. Our services excel in:
Maximizing available VAT reliefs.
Expertly interpreting VAT regulations.
Providing peace of mind to our clients.
We offer valuable advice on VAT schemes tailored to your business needs and assist with managing VAT control visits.
Our VAT registration services include:
Expert advice on whether VAT registration is necessary or beneficial.
Completion of VAT registration forms and formalities.
Guidance on selecting the most suitable VAT schemes for your business.
Properly managing VAT schemes is crucial to ensure compliance with HMRC requirements.
Compliance with VAT regulations is complex, and VAT investigations can be rigorous. Precise VAT returns are essential. We offer three methods to assist with VAT declarations:
We handle your accounting and complete VAT returns.
You provide your books, and we complete the necessary changes.
We offer training on how to complete VAT returns accurately.
Timely and accurate VAT returns help you avoid penalties and maintain compliance.
Our comprehensive VAT services are designed to alleviate the complexities of VAT compliance, ensuring your business maximizes benefits while adhering to regulations.
You have the right to organize your financial affairs to minimize your tax burden within the bounds of the law.
While fulfilling tax return and legal obligations is crucial, every accountant should do this and provide you with your tax position and liabilities. We aim to go beyond these basics, actively seeking opportunities for tax planning.
Within the legal framework, there are numerous avenues to legally reduce your tax liability. Drawing from extensive experience, we vigorously advocate for our clients to ensure they don’t pay more tax than necessary.
Our expertise extends to various tax domains:
Personal taxes
Corporate taxes
Effective employee remuneration strategies
Inheritance tax planning
Capital gains management
Profit extraction strategies
Exit planning
Employment status assessment
IR35 advice
Our commitment to excellence includes substantial investments in reference materials and specialized software. We have access to tax law, cases, HMRC internal manuals, and comprehensive tax commentary, enabling us to address any tax issue and offer legally sound tax-saving strategies.
New clients often discover the untapped potential for tax optimization. We’re dedicated to going the extra mile, providing guidance in areas where tax savings are feasible. We are passionate about our role in helping you.
Timing is critical. Initiate this work in advance and reach out to us promptly.
Rest assured, our tax planning operates within the boundaries of tax legislation and case law. We take care to avoid triggering HMRC consultations unnecessarily and, when risks exist, we promptly inform you.
In the ever-evolving tax landscape, your financial well-being is our priority.
Are you in need of assistance with your tax return or looking to reduce your tax burden? We offer personal tax services catering to both business owners and individuals. Our services include:
Self Assessment: We cover all aspects of the self-assessment process.
Tax Returns: Expertly handle your tax returns.
Tax Consultations: Consult with us for personalized tax advice.
Liability Calculation: Accurate calculation of your tax liabilities.
Tax Litigation: Represent your interests in tax-related legal matters.
HMRC Correspondence: We manage all communication with HMRC on your behalf.
Inheritance Tax Planning: Plan effectively to minimize inheritance tax.
Tax Rate Research: Stay informed with research on tax rates and protections.
Trusts: Explore trust options to optimize your financial situation.
Our goal is to simplify tax-related complexities and help you navigate the tax landscape with confidence.
At Fairway Syndicate, we understand that employment can be a complex journey, whether you’re an employee or self-employed. Our mission is to assist you in navigating the intricacies of your employment status and provide the support you need to succeed.
Here’s how we can help:
Employment Status Evaluation: We’ll assess your specific employment situation, determining whether you are classified as a worker, employee, or self-employed. Understanding your status is vital, as it affects your rights and responsibilities.
Legal Expertise: Our team of experts will provide legal guidance tailored to your employment status, ensuring you’re aware of your rights and obligations under the law.
Contractual Matters: If you’re working under contracts, we’ll review them to make sure they align with your employment status and safeguard your interests.
Tax Implications: We offer advice on tax planning and compliance based on your employment classification, helping you optimize your financial situation.
Dispute Resolution: Should disputes arise related to your employment, we’ll assist you in resolving conflicts with employers or clients.
Rights and Benefits: We’ll educate you on your employment rights and benefits, ensuring you receive fair treatment and access to entitlements.
Whether you’re employed or self-employed, Fairway Syndicate is your trusted partner in tackling the complexities of employment and status. Contact us today to benefit from our expertise and ensure a smoother employment journey.