Tax
We offer a range of specialist advice and services to meet your accountancy needs whether you are a business start-up, medium sized business or part of a large company. Please contact us to discuss how we can assist you with your business or personal accounting and finance requirements.
If you’re starting a new business or have an existing business and thinking of a new accountant, speak to us today! We are here to HELP!
Tax planning
Planning and organising your taxes in advance can be significant for the business and individuals. Because, efficient tax planning can optimise your profitability and inefficient tax planning can cost you a fortune. It is an ongoing process as the tax legislation is complex and always keeps updating. However, we can help businesses and individuals to plan ahead for tax optimisation.
Self-assessment tax
If you have personal incomes such as rental income, capital gain, self-employment income, income more than £100K, you will be required to submit your personal tax returns to HMRC and pay the self-assessment tax before the deadline. We will be happy to assist you in preparing the tax returns and submit it to the HMRC.
Corporation tax
All the companies incorporated in the UK required to submit Company Tax Returns to the HMRC. Companies require to submit the return even if they are making a loss or have no Corporation tax to pay. Companies can be penalised for the late submission and payment of the corporation tax. We help the small and medium companies to accurately prepare and submit corporation tax on time.
Capital gain tax
When you sell any of your assets, it can be intangibles (crypto currency, shares & bonds) or tangible assets such as houses and flats, you are required to report to HMRC and may have to pay the capital gain tax (CGT). We will guide you through the process of preparation and submission to HMRC.
R&D tax
You may not know if you are qualified for the R&D credit therefore, talk to us so we can assess whether you are qualified or not. If your business qualifies for the research and development tax credit, our team would provide support to claim the tax credit and also provide the support to deal with HMRC if required.
CIS
Construction Industry Scheme (CIS) is the system, where contractors deduct money from a subcontractor’s payments and submit to HMRC as an advanced payment towards subcontractor’s tax and National Insurance contribution. If you are a subcontractor and eligible for the tax refund, we can help you to refund your CIS tax.
Inheritance tax
You may have to pay inheritance tax when you receive property, money, and possession from someone who died. There are certain rules and criteria when you do not have to pay the inheritance tax. We can help you to assess whether you have to pay the tax or if you are exempt from it.