Taxation

Get the advice and support you need

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.

How We Can Help

Our team of accountants can help you with all areas of UK tax. Regardless of whether you have a complex corporation tax question or a comparatively straight-forward query relating to VAT or personal tax, our Boxwood team can help. We will be able to advise on tax savings opportunities and on deadlines, helping to avoid penalties. We ensure that all work is carried out efficiently and on time and our friendly & experienced team will always be available if you have any questions. Finally, we will always agree a fixed fee with our clients prior to any work being carried out.