Your business can be much more
profitable!
Business Tax Services by Experts
MAXIMIZE THE OPPORTUNITY TO SAVE TAX
In the UK, as with most countries, not only are individuals responsible for paying taxes but businesses are obligated to as well no matter their size. In order to keep your business in smooth operation, paying the correct taxes in the correct time frame is of high importance.We as professional Tax Accountants pride ourselves one of the finest in the UK providing business tax services to small business and individuals. Corporation taxes are placed on the taxable income of limited companies, different assortments of clubs, societies, unincorporated entities and numerous associations. This tax is the fourth largest source of revenue for the UK government. For advice or help needed on your business finances, accounting and taxes, please get in touch with us today to learn more about how we can offer professional, expert accountancy support and advice. With over a decade of experience providing business tax services and we can navigate you through the complex world of business taxes no matter how big or small your business.
FAQ
We Are Here To Help You With Any Questions You May Have
If you are self employed you would need to earn or profit more than your annual tax exempt allowance to pay any income tax. But you will sill pay Class 2 and Class 4 national insurance. If you are contractor different rules will apply. To discuss your case call our tax accountants.
Companies in UK will pay corporation tax and if you are working as self employed through personal service company, any money withdrawn will be taxed as dividends in your personal tax return.
It is vitally important when you are writing your business plan, pay attention to business tax. It will effect your cash flow in short and long term plans. If you need to discuss about your sector and tax reliefs, please call our tax accountant.
No you cant. You should only include expenses which are related to your business. If you are a contractor you can assign a salary to your spouse and include that as expenses in your accounts.
As a sole trader you will pay tax on your self employment profits. Business tax is calculated on your profits which is excess of cash left after paying all exonses from sales.
For all types of partnership, the general rule is that tax is not payable by the partnership itself but by each partner. Each partner’s share of the partnership income is added to his or her other taxable income.
HMRC have published guidance for business tax. These guidance will help you to claim your expenses against revenues. But if you are looking for a specialist advice you may need to call our tax accountants.
As self employed you must file your tax returns and pay business tax by 31st January of each year. For limited companies and other incorporated structures rules differ. For further information please contact us.
SWITCH YOUR ACCOUNTANT NOW
Low Cost Accountant
Is your Accountant Charging heavy fees. Call us now to get a free quote.
Absolutely Free Advice
Don’t pay for the advice. We do not charge our client for advice.
Instant Reply to Your Emails
You will get instant reply to your emails and we will follow up a call to your request.
Understanding Needs
Our tax accountants understand your business and have industry knowledge
Do Not Miss Deadlines
We will take care of everything and you will not miss your filing deadlines
Industry Award Winning Software
We use award winning industry software and benefit our clients
What our clients say
How to make a Complaint to HMRC
Contact HM Revenue and Customs (HMRC) as soon as possible to complain about their service, for example if there have been mistakes or unreasonable delays.
Lettings Relief – benefit from it while you can
If a disposal of a property currently qualifying for lettings relief is on the cards, it may be beneficial to sell before 6 April 2020 rather than afterwards.
SDLT and First Time Buyers
First-time buyers are able to benefit from Stamp Duty Land Tax (SDLT) relief when they buy their first home – but only if the property that they are buying does not cost more than £500,000.
Code of Practice 9 Investigations: Don’t Fall into The Pit of The Taxman
HMRC is very adept when it comes to investigating tax fraud. When the tax office suspects that a serious fraud has been committed, they issue
IR35 in Private Sector: Are You Prepared for It?
Individuals hired for one-off projects that are not classed as employees are not entitled to company benefits such as NI contributions and sick pay.
How to Calculate Tax on Rental Income
Your income consists of the rent you receive from your tenants and any funds you receive for covering varied service charges.