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Business tax
& compliance

YOUR BUSINESS IS OUR BUSINESS

We believe every business deserves tailored accounting solutions. Whether you’re looking for basic accountancy services to save time and money or a fully-fledged package that brings clarity to your finances and transforms your annual returns, we’ve got you covered. Whatever the solution, we’ll guarantee it’s compliant, efficient, and easy to understand.

Need help to calculate your tax liability? Perhaps you’re eagerly awaiting a refund? We’ll take care of it and keep you informed about payment deadlines. Worried about post-submission issues or HMRC inquiries? Leave it to us and we’ll handle all the nitty-gritty details, giving your peace of mind that it’s off your plate and in the hands of professionals.

And that’s not all – our expertise extends to VAT, payroll services and CIS. Plus, if you’re looking for ways to reduce corporation tax, we’re here to guide you.

Business lady looking at tax

“Fantastic service – I have been using these guys for several years looking after our company’s Payroll, Corporation Tax, VAT and Personal Taxes.”

QUESTIONS, QUESTIONS

What is the difference between corporation tax and income tax?

Corporation tax is a tax on the profits of companies, while income tax is a tax on the income of individuals. The rates of corporation tax and income tax are different, and the rules for calculating each tax are also different.

What are the different types of business taxes in the UK?

There are a few different types of business taxes in the UK, including corporation tax, income tax, National Insurance contributions, VAT, and stamp duty land tax. The type of business tax that a business pays will depend on its size, structure, and activities.

How do I register my business for tax?

To register your business for tax, you’ll need to complete a self-assessment tax return. You can do this online or by post. You’ll need to provide information about your business income and expenses and pay any tax that is due.

What are the penalties for not paying business taxes?

The penalties for not paying business taxes can be severe. If you don’t pay your taxes on time, you may be charged interest and penalties. In some cases, you may also be prosecuted and fined.

What are the different ways to reduce my business tax bill?

There are several different ways to reduce your business tax bill. You may be able to claim tax relief on expenses, such as business travel and equipment. You may also be able to offset losses against profits from other years. As each business is different, it’s advisable to speak to one of our tax specialists for more information.

What is indirect tax compliance?

Indirect taxes are taxes imposed on the sale or consumption of goods and services, such as value-added tax (VAT), excise duty, customs duty, and environmental taxes. To ensure compliance, there are strict obligations to follow. Please speak to one of our tax advisors for more information.

What is a tax credit compliance check?

A tax credit compliance check is a process conducted by the government to ensure that individuals or businesses who claim tax credits are eligible for them and are following the rules. Tax credits are financial benefits provided by the government to help individuals and families with lower incomes.