Welcome to Hills & Peeks

About Us

We are professionally qualified number crunchers and have a wealth of knowledge about your industry. Whether you’re a creative individual, a business, an entrepreneur or needing advice with your personal taxes, we know how to help you make the most of your opportunities.

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Hills and Peeks is a well-established business based in Worthing, West Sussex. Over the years we have built up our firm by providing a high quality, efficient and very personable service – resulting in our reputation for hard work, integrity and professionalism. Our clients come from a variety of business sectors and are based all over the UK and internationally. They range from sole traders, businesses and limited companies to events and festival organisers.

News

To err is human…

But forgiveness is not the HMRC way. Taxpayers are expected to get their tax returns right first time, and to diligently preserve all records relevant to their tax affairs for at least six years. However, HMRC has been shown to make systematic mistakes in tax computations, to provide incomplete information to taxpayers, and to have […]

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Making Tax Digital (MTD)

The Government’s aspiration for the UK tax system is that all taxpayers should submit their accounts information to HMRC directly from accounting software. The first step towards this new digital world will be taken by VAT registered businesses. From 1 April 2019, VAT registered businesses which have an annual turnover of £85,000 or more will […]

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Enjoy your Entrepreneurs’ Relief

When you sell some or all of the shares in your company, you should expect to pay Capital Gains Tax (CGT) on any profits you make. This tax is normally charged at 20% for higherrate taxpayers, but Entrepreneurs’ Relief can reduce the CGT payable to 10%. To qualify for Entrepreneurs’ Relief you need to be […]

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Stories from our Newsletter

  • Under the Making Tax Digital (MTD) rules, businesses must use software to submit their VAT returns unless their annual turnover is less than £85,000. If […]

  • VAT penalties

    If you don’t submit your VAT return on time, or fail to pay the VAT due on time, HMRC will put your business on the […]

  • There are two valid reasons to cancel your VAT registration: you have ceased trading and have no intention of making future sales your sales in […]

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