Tax
We provide a range of tax services which broadly fall into two categories of Compliance and Advisory
- Year-end tax computations for your business (sole trader or company)
- Personal tax returns
- Checking tax assessments and coding notices
- Liaising with the Income Tax Office and Social Security Department
- Corporation Tax and Annual Tax on Enveloped Dwellings (ATED) Returns for UK property
Ryan Woodhouse
Ryan joined the company in 2016 as a bookkeeper, but has branched out into personal tax and now works on our busy personal client list. Like many others in the company he has a big interest in dogs and owns two beagles.
Jodie Trebert
Jodie joined Kemp & Company in July 2017. Shortly after joining she began studying towards her professional qualifications, obtaining CAT in October 2020 and ACCA in July 2022. Jodie works on incorporated businesses and some sole traders producing their end of year accounts and tax computations. She also prepares corporation tax returns for UK properties and occasionally assists with Guernsey personal tax. Like many others at K&C Jodie is an animal enthusiast. Her main interest being her beautiful dogs, a Bolognese and 2 Spanish Water Dogs. Like the name suggests, you will often find her walking her dogs at the beach. With many years of dog shows behind her, she has competed at shows across the Channel Islands and the UK – including Crufts.
Year-end tax computations
We can prepare year-end tax computations for your sole trader business, partnership or business being run through a company.
This service usually runs alongside the preparation of your accounts. We calculate the tax due and submit your accounts and tax computations to the tax office.
We then go on to check assessments raised by the Tax Office and ensure that you are paying the correct amount of tax.
We can also advise you on tax related matters such as how to take money out of a company, the payment of dividends, benefits in kind, quarterly distribution reporting, and the operation of the ETI scheme.
Personal tax returns
We prepare your personal tax return from information and documents provided by you and submit them online.
We can work out your tax liability and help you understand your tax statements.
We check any assessments raised by the Income Tax Office and make sure that you are paying the correct amount of tax.
We can also advise on whether certain types of income are taxable or not, check your coding notices, check your social security contributions and liaise with the Income Tax Office or the Social Security Authority if required.
UK related services
We prepare Non-resident landlord returns for our clients who have property in the UK whether held in their own name or through a company.
For those holding property through a company we also prepare and submit Annual Tax on Enveloped Dwellings (ATED) returns.
We check statements and correspondence received from HMRC to ensure that you are paying the correct amount of tax.
For those clients who receive a UK pension with tax deducted at source, we can complete the application form to enable you to receive the pension gross.
Advisory
In addition to the routine tax compliance services offered above we are also able to advise clients on a number of areas such as:
- How best to take funds from your company considering both social security and tax implications
- Advice and assistance on moving to or away from the island
- Advice on employing staff, the operation of the ETI scheme and the calculation of benefits in kind
- Help on tax treatment of various business expenses and what can be claimed for tax purposes
- Implications and pros and cons of incorporating a business
- The tax implications of ceasing to trade / businesses combinations / winding up a company
- Helping with calculations for distribution reporting and online submissions
If you would like to discuss your requirements or find out more about how we can help please don't hesitate to contact us.
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