Tax Compliance
There are only two certainties in life: death and Taxes – as one famous statesman said. Almost everybody has to pay tax, but many (particularly those in business) find it difficult to negotiate their way through the myriad small items of legislation that may seem designed to trip you up.
Great Britain now has the longest tax code in the world, with all sorts of curious little provisions that are often written in jargon and seem to lack any common sense.
No one can hope to master all of these, but at Martin Bruno we do expect to be up to date with matters that relate to the taxes that businesses pay – Corporation Tax, Income Tax, National Insurance, VAT and Capital Gains Tax. Inheritance Tax and Stamp Duty are also covered.
Even if you think that you have complied with everything, HM Revenue and Customs can –and frequently do – come back at people with an enquiry. This can be a very expensive and stressful affair, and we recommend that you take out insurance to cover the fees of any full enquiries into your affairs. That way, you can be sure that you are being well cared for without having to worry about the cost.