Husain Bulman & Co. is one of the leading independent tax consultants in South West London. We are dedicated in providing expertise and support to professionals and their clients on wide range of tax and business issues.

This is the amount of tax due on profits of companies. This is normally a fixed percentage depending on the size of the company. The calculation of the final profit chargeable for corporation is usually very complex and involves a lot of variables like chargeable gains and different allowances. It is best to leave the calculation of corporation tax and submission of the company tax return to professionals. We have been carrying out this duty for a number of clients for a long period of time and have come across almost all possible scenarios. Our tax consultants are all qualified and well versed with the company law and its application .

Taxation of self employed individuals is done through a self assessment return submitted to the revenue every year. If an individual is registered for Self Employment he/she would have to submit a self assessment return irrespective of whether they have had any income in that year or not. Other sources of income such as Property income, overseas income and partnership income also have to be declared on this return. The revenue expects each individual to declare all of their income correctly, this however may not be as simple as it sounds. It is best to have this looked after by professionals, who will ensure that the calculations are done in accordance with the tax laws and the maximum relief is obtained.

In its present form, Inheritance Tax (IHT) was introduced by the Thatcher government in 1986 under the Finance Act of the same year, replacing the old Capital Transfer Tax (CTT). IHT is payable on the value of a person’s estate they pass on to their named beneficiaries. It is also levied on certain gifts made within the seven years before an individual’s death. We can help structure your affairs in a manner by which you can reduce IHT liability through use of exemptions and unique company structures.

A trust is a legal arrangement where one or more 'trustees' are made legally responsible for holding assets. The assets - such as land, money, buildings, shares or even antiques - are placed in trust for the benefit of one or more 'beneficiaries'. There are several types of UK trusts and each type of trust may be taxed differently. We can advise on the best structure to minimise your tax liability