Main Role of Tax Practitioners for Businesses Free Essay Example, 2250 words

Firstly, the practitioners now assist the companies with the basic start-up of the business which includes the forms and all registration for the businesses, all required documentation for the business as well. The practitioners now also assist the clients with more detailed planning which include, the strategic planning, and also others like the computer systems advice (Layman, Nicholson Williams, 2006). The main planning assistance, however, is for the financial management and also the financial information systems. This is simply because the practitioners will be able to assist the clients learning in detail of the benefits and limitations of the business investments and which investment will help the business pay lesser taxes. This is a legal and appropriate manner to be able to pay as less tax as possible and increase the retained earnings of the company. The practitioners also assist the clients with the self-assessment and the calculations of their individuals as well as bus iness tax as well. The practitioners assist the clients with the various taxes like Personal tax, Business tax, Company tax, Capital gains tax, Inheritance tax, HM Revenue and Customs investigations, Value Added Tax (VAT), PAYE and national insurance compliance. We will write a custom essay sample on Main Role of Tax Practitioners for Businesses or any topic specifically for you Only $17.96 $11.86/page