Taxation

Taxation can be complex! In recent years, many business owners have adopted a different type of ownership, which is the formation of a Limited Company (LTD). This is with the intention of saving tax. Shareholders of the company have the ability to receive ‘dividends’, a relative sum of money amongst shareholders.  This doesn’t attract any national insurance contributions, plus the abolition of Advance Corporation Tax (ACT) a number of years ago, the incentive for incorporation increases.

The change in tax being paid in advance under self assessment rules for Self Employed & Partnerships is also removed by incorporation, as lesser tax being spread over a longer period; therefore aiding financial forecasting and cashflow.

Businesses have a legal obligation to comply with a number of taxation tasks, but don’t worry, we offer services to cover all of these activities; plus we deal with Inland Revenue – so you don’t have to.

How we can help with Taxation

The range of services we offer to help with taxation are as follows:

  • end of year paye returns - p35, p11d's & p60's
  • liasing with the authorities in charge of taxation
  • Tax computations
  • Self assessment tax returns - individuals, partnerships & limited companies

package offer

If bookkeeping services are something that you are interested in, why not take advantage of our package offer? We will provide you with bookkeeping, year-end accounts, VAT submissions and payroll fees for a fixed price of £1000! (T&Cs Apply)

to find out more, call