Tax
Our expert tax advisors have decades of experience helping clients navigate the complexities of the UK and Jersey tax systems.
As a relationship focused team, we work closely with individual private clients, owner-managed businesses and trustees to understand your tax advisory and compliance requirements, maximise tax efficiency, and achieve reporting deadlines.
We provide a full range of Jersey and UK tax advisory, compliance and accountancy services from our Jersey office alongside our local accounting team. We can also leverage the expertise of the MFMS Group and the Moore Global Network.
At Moore Stephens we understand that tax and accounting matters can be stressful, so we are here to help!
Jersey Tax
Jersey Personal Tax
Nothing can be said to be certain except death and taxes. Let our team of experts take the hassle out of the latter! We have been looking after tax matters for Jersey clients for many years. Among others, we have helped business owners (sole traders or directors of companies), high-net-worth individuals or retired individuals looking for assistance with their personal tax affairs.
Jersey Company Tax
The continuing changes in legislation make the Jersey corporate tax system increasingly complex. Our team looks after company tax affairs for local businesses including traders, investments, financial services, property development companies and rental agencies. We also help corporate directors/shareholders understand the tax requirements for your company as well as your own personal tax obligations.
Non-UK resident clients owning UK Real Estate
Do you struggle to keep on top of your UK tax responsibilities when owning or renting UK land and property? As a Jersey-based specialist, we are experienced at handling UK tax matters for non-UK resident clients. We can deal with all your UK tax affairs including non-resident landlord schemes, completing your annual UK income/corporation tax returns and advising on the UK income/corporation tax due. We also advise on capital gains tax (CGT) implications when selling UK land and property and prepare non-resident CGT/corporation tax returns on your behalf.
Jersey Trust and estates
Our specialists have been looking after Jersey trusts and death estates for many years. We complete Jersey trust and estate tax returns on behalf of the trustees or executors and inform Jersey-resident beneficiaries on the relevant credits available when in receipt of distributions.
United Kingdom Tax
Annual tax on enveloped dwellings (ATED)
We have been looking after tax matters for companies that own UK residential property since ATED legislation came into force in 2012. With a wealth of experience and highly competitive fees, we are perfectly placed to assist your clients with ATED chargeable returns, ATED returns where relief can be claimed against ATED (ATED RDR), as well as dealing with the capital gains tax implications on disposing of UK land and property.
Stockpiled gains and relevant income
Our experienced team have been looking after UK capital gains tax matters for non-UK resident trust structures for many years. There has been a number of changes in legislation over the years so it is important to be able to rely on a provider with the expertise to complete the capital gains tax reporting and relevant income reporting correctly and efficiently.
Trust and estate income tax returns
We pride ourselves on competitive fees to assist clients with the UK income tax reporting requirements for non-UK resident trusts. We can also assist with trust registration requirements and provide UK tax credit details in respect of income distributions made to UK resident beneficiaries/life tenants.
Inheritance Tax (IHT) returns
There has been a significant increase in required IHT returns since the changes in legislation caught out a lot of UK resident trusts owning UK residential property through an underlying company. We can assist with the completion of the ten-year charge return (IHT100) at very competitive prices.
Rental property – corporate, trust or individual
We apply for the non-resident landlord scheme and complete the annual UK income/corporation tax returns on your clients’ behalf. Our team can also advise on UK income/corporation tax due on the net rental income earned, the capital gains tax (CGT) implications of selling UK property, as well as prepare non-resident capital gains tax/corporation tax returns and advise on potential CGT/corporation tax liabilities.
VAT
We have been providing VAT registration, de-registration, and quarterly or monthly VAT return services to intermediaries for a number of years. The experience we have built up means that we are able to provide a high-quality service in an efficient and cost-effective manner.
Corporation Tax for non-resident companies
Whilst the transition from income tax to corporation tax took place in 2019, we have continued to assist administrators of several trust companies to ensure that they are kept up to date with the continuous changes in UK tax legislation and the tax compliance requirements that arise from these. Our dedicated team can help with company registrations, the non-resident landlord scheme, payment deadlines, the annual filing of corporation tax returns and converting your accounts into the required ‘iXBRL’ format before we submit to HMRC.