Personal Tax Return

Completing a self-assessment tax return is a requirement of every self-employed, Partner, and UK Limited company director and shareholder. You need to report your personal earnings during the tax year from 5th April to 6th April every year. The deadline is always the start of the new tax year. If you miss the personal tax deadline for one month, you will have to pay a £100 late penalty, and further penalty applies unless you file your return.

Our professional Personal Tax team has completed 1000+ Personal tax returns since 2015. We will calculate your tax based on your personal income. If you have overpaid, we will initiate Tax refund from HMRC will be directly credited to your bank account.

Contact us any time to:

  • Calculate your Personal Tax liability
  • Complete your Personal Tax return
  • File your personal tax return online 
  • Advice on Saving your tax liability
  • Advice on Payment on account and how to pay your tax
  • Appeal against late penalties
  • Self-assessment Tax Advice

Our team will take away your stress, so don’t worry, and we will leave you free to focus on your business growth. That’s how you can grow your business.     

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Payroll

Being an employer, you won’t have much time to look after your employee payroll and monthly submission with HMRC. Don’t worry about your payroll. We are here to save your time and take care of your company’s payroll services. We are offering our affordable services which will suit your needs. We are ready to assist you in getting your payroll services done on a monthly or weekly basis. Just contact our team with the unique need we will do the rest for you.

Our payroll services include:

  • Payroll (PAYE) Registration
  • Payroll (PAYE) Submissions
  • Calculation of monthly Salary
  • Payslips
  • RTI Submissions
  • Handling HMRC Queries
  • Back Dated Salary Submissions
  • Form P60
  • Form P45

There are different payroll packages with prices that vary according to the level of service. If you are a company director and only need payroll for yourself, we can offer you our basic payroll package that typically handles your monthly payroll calculation and its submission with HMRC, including generating the payslip.

Payroll outsourcing: what are the benefits

Four reasons how it will help your business grow if you outsource your payroll:

  • It will save you money: Outsourcing payroll is a more cost-effective option for small businesses than hiring in-house staff.
  • It will save your time: Pension, tax, Bacs, Payslips, NI, RTI, reporting, holidays and benefits, etc. all these seem bits, but it can be confusing for non-Payroll professional, so we are here to take care of everything and save your time at a very affordable rate.
  • It will save your neck: If you submit the payroll documents with inaccurate information or late can incur a huge penalty fine. It’s not worth to give HMRC a reason to come after you.
  • It reduces error: An underpaid worker is an unhappy worker. Our professional will get things right for you at minimum tax and NI. We will claim employer NI to reduce your PAYE tax bill.

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VAT (Value Added Tax)

The UK VAT registered businesses must complete VAT return quarterly. However, To do simplified accounting, there is also a yearly VAT scheme in the UK. There is an option to comply with your VAT quarter end with the annual Financial year end. The VAT summarizes all the sales and purchases transactions that occurred during the VAT period.

Currently, there are two accounting method, Cash accounting and Accrual accounting. Most of the businesses use accrual accounting method however you can overpay or underpay your VAT bill if you are not sure which accounting method to use in your business. We strongly recommend taking the help of professional accounting firms like us, who will reduce your VAT bill to manage your cash flow.

Contact our team and start to save your money on your VAT.

Our Services Include:

  • Preparation of VAT Return
  • Advice on VAT Rates
  • Advice on your VAT Scheme (Standard vs Flat Rate)
  • Allowable Expenses Claim
  • Custom VAT claim
  • Advice on VAT Rates (Standard, reduced, Zero)
  • EC Sales list submission
  • Dealing with VAT Investigation
  • Submission of our VAT Return

VAT MTD

The UK VAT registered businesses must sign up for VAT MTD since 1st April 2019 if their turnover is above the VAT Threshold (Currently 85000GBP). They will need to:

  • Keep their records in digital Software like (Xero, QBO)
  • Provide their VAT return information to HMRC through MTD compatible software

We recommend Xero for VAT MTD submission. Its simple, secure, and affordable cloud-based accounting software helps you meet the new MTD for VAT filing requirements.

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