Whether you require assistance with a personal self-assessment, a VAT return or a complex corporation tax return, our team of qualified and experienced accountants can help.
Unfortunately, taxation is a fact of life and, with a few exceptions, every UK resident individual and business is required to pay UK taxes to HMRC. All companies are required to file a tax return and many individuals will also need to file a return each year. In addition, employers need to consider payroll legislation and the associated monthly process and businesses which exceed the relevant threshold will also need to be aware of VAT and the quarterly filing requirements. There are opportunities to minimise tax that should be taken and penalties should be avoided.
Things to consider
Taxation legislation is continually changing and the volume of tax rules increases each year. Meeting the calculation and filing requirements, for even a simple return, can be a little daunting and there are penalties for late filing, late payment and errors. All companies must file their tax returns online and the same rule applies to VAT and payroll. Many individuals will also need to file online. There are many areas where claims can be made to reduce tax and care should be taken here to ensure that these are taken advantage of.
Partnership / LLP Tax