Personal Tax Planning

We can save you a lot of time, worry and money by handling your Self Assessment for you. We will do all the necessary computations, complete your Return and offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with the HM Revenue & Customs on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings.

We can also advise in more specialist areas of personal tax planning such as inheritance tax planning and capital gains taxation as well as identifying the best ways to invest in new business utilising highly tax efficient schemes like the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS).

Company Tax Planning

At Watson Associates, our tax specialists will help steer you smoothly through the obligations and opportunities of the taxation environment to help ensure maximum profitability for your business.

Optimum tax efficiency is an important goal for businesses of every size, and through a detailed understanding of your current and future business objectives we can help you structure and plan for better tax efficiency both immediately and in the medium to long term.

Our thorough approach to tax planning looks first at your business history, reviews current policies and then makes concrete recommendations for the future with a comprehensive examination of share options, pension schemes, executive benefits and other vehicles.

Our Taxation Services

We provide expert taxation advice and support tailored to businesses and individuals across East Sussex, including Eastbourne, Hailsham, and Brighton. Our team understands the local landscape and can help you navigate the complexities of taxation with ease. Our services include:

• VAT: Whether you're a small business or a large corporation in Sussex, our team can help you manage your VAT obligations efficiently, ensuring compliance and minimising liabilities. We provide guidance on VAT registration, returns, and dealing with HMRC queries.
• PAYE: We assist local businesses in setting up and managing PAYE systems to ensure accurate tax deductions for employees. From payroll management to compliance with the latest regulations, our Sussex-based team provides comprehensive PAYE support.
• Corporation Tax: Our experts provide tailored corporation tax planning and compliance services to businesses across East Sussex. We help you optimise your tax position, manage deadlines, and ensure that you meet all HMRC requirements. 
• Capital Gains Tax: Whether you're selling property, shares, or other assets, we offer personalised advice on capital gains tax to help you minimise your liabilities. Our local expertise ensures you're fully aware of any reliefs or exemptions applicable to your circumstances. 
• Research and Development Credits: If your business is innovating or developing new products, you could be eligible for R&D tax relief. We guide you through the claim process, maximising your benefit and boosting your cash flow, so you can continue to invest in growth.
• Creative Industry Tax Relief: From film production companies in Brighton to digital media firms in Eastbourne, our specialised tax relief services support the creative industries of Sussex. We'll help you claim the reliefs available to your sector, ensuring your business makes the most of every opportunity. 

Our detailed knowledge of how HM Revenue & Customs works combined with our extensive knowledge means that we can always determine the most effective course of action.

Explore how our experienced team can support your business with Taxation Services by calling 01323 842 119 or contacting us for a free 1 hour appointment.