Clients in business will need to prepare annual accounts whose prime role is to support the figures in their annual tax return, whether they are a sole trader, partnership or company.
We aim to help our corporate clients to structure their affairs so as to pay the least amount of corporation tax, taking advantage of all the reliefs allowed by tax law.
For sole traders and partnerships, incorporation as a UK limited company is often the right commercial decision.
For every accounting period of corporation tax, a UK company must file a self-assessment corporation tax return with HMRC.
We provide a comprehensive outsourced UK payroll service that takes care of all the bureaucracy and paperwork involved in paying staff, even in the case of a small company with a single employee.
For many years HMRC have been putting increasing resources into pursuing more tax, including selecting taxpayers for enquiry at random.
Once a business reaches the VAT registration limit, it must register for VAT, but can also do so before then, if desired.