Taxes
Pain for all Businesses, but we will ensure they are all taken care of.
Ironically the more tax you pay, the more money you made!
Not only will we ensure the business is on the right side of HMRC, but your personal tax affairs are looked after too.
Corporation Tax
Once the Year End Accounts are finished, we will file your Corporation Tax return.
You won't need to wait nine months to know what you owe HMRC; we will keep you apprised monthly on how much you need to save, reducing your stress levels.
VAT
With VAT, Value Added Tax and Making Tax Digital, you have to report your VAT quarterly.
With Xero, we can manage this seamlessly and ensure the VAT man is Happy.
PAYE and National Insurance
Weekly/Monthly payrolls will incur employee National Insurance on your behalf along with Employee PAYE.
We will set up processes that make this painless and ensure tax compliance.
Pension
All eligible employees have to now pay into a pension scheme, and you have to pay 3% too!
We will manage the employee's contributions and communications with the Pension companies and the Pension Regulator.
Research and Development
R&D is the good tax, well, not really a tax, a rebate on the investment you have made in your business.
If applicable, we can claim tax relief and get you a cash refund from HMRC, which you can use to offset your tax bill.
Dividends
We have efficiently managed the money you take out of your business. However, there is a Dividend Tax to pay.
We will keep you updated on how much you need to save personally to ensure your Self-Assessment return is not a SHOCK!
Self-Assessment Tax
It's that time of year, Self-Assessment, tax on what you as a Director have earned.
We can give you monthly updates on how much you owe and need to save.
CIS
The Construction Industry Scheme Tax requires monthly returns to HMRC for tax on your subbies and your invoices. We file these and make sure any CIS suffered due back is claimed annually.
If Self-Employed, we will get your CIS suffered back from HMRC as fast as possible, even in April!