We appreciate you’re busy, and have better things to do than pay tax. We’ll ensure your tax postion is correct, and keep HMRC “off your back”. Sometimes we act as a friendly co-pilot, other times we act as your agent in all dealings with HMRC. With Paul A. Hill & Co. by your side, you won’t worry about paying too much tax, and you’ll be free to focus on what you really want to do.

Some clients are employed, others self-employed. Some are building their business, and are not yet fantastically well-paid. They find our services cost-effective, as we minimise their tax payments and claim all their entitlements. Some clients visit us for a quick discussion, and then, based on our advice, manage their own affairs.  Other clients, perhaps managing a successful  businesses or a portfolio of investments,  have complicated affairs.  They employ us to extract the most cash from their endeavours and for our deep knowledge of which tax strategies will work.

• Checking your PAYE code is correct: We’ll ensure the PAYE deducted from your pay or pension is basically correct, given foreseeable circumstances. No query is too simple. If your PAYE code is wrong, you may pay too much tax, which creates extra work for you to reclaim that tax when the tax year finishes.
• Company cars: If you have a company car, we’ll advise you whether it is better to take your current car private, or take a cash option if it is available.
• Which company car: Now that cars with lower CO2 emmissions are available, you might save significant tax if you chose a slightly different car.
• Working and Child Tax Credits: We’ll help you present the evidence to claim all the Working and Child Tax Credits to which you are entitled.
• Obtain Repayments: We’ll calculate if you are entitled to a repayment and then send all the self assessment forms to HMRC.  We’ll ensure that your repayment is made directly to your bank account, within a few days of submitting the return.
• Gross income: If you receive “gross” income, i.e., income without any tax already deducted, then that income is taxable. You might start paying tax on this income at 40%, if your income exceeeds £40,000 per annum. We’ll advise you what to do, and whether you need to complete a self-assessment form.
• Prepare Self-Assessement tax returns: We’ve invested in software so that our service is cost-effective.
• Residence and Domicile:  There can be tax advantages if you are born outside the UK, and here for a short period. We can help you exploit those advantages.
• Income versus Capital Gains: Some clients can defer current income, and receive a capital gain at a later date.