Taxation

Taxation is a key compliance service that we provide to the highest standard. We have invested in the best commercially available software to produce tax computations, tax returns and tax calculations automatically, and to file all of your Tax Returns and associated documents electronically to HM Revenue & Customs.

Many clients find themselves too busy with the day-to-day operations of their businesses to fully consider their taxation responsibilities or to run time consuming payrolls, CIS monthly returns and prepare VAT Returns themselves.

We are pleased to take on these tasks for our clients, and provide the following cost effective services:

Taxation

We prepare business or Corporation Tax computations from the annual accounts for our accounts clients, which include Capital Allowances computations and claims in respect of business assets purchased during the period.

We also prepare SA Partnership Tax Returns and Corporation Tax Returns from these tax computations, and Personal SA Tax Returns for individuals, as well as full personal tax computations, including payments on account.

Our software enables us produce a high level of reporting, so that you fully understand your tax position and liability, and all of our Tax Returns are submitted electronically and securely to HM Revenue & Customs. For Limited companies, our software facilitates iXBRL electronic filing (the direct filing of Accounts, Computations and Returns in business language).

In addition these regular Taxation services, we are pleased to advise you on a full range of Tax planning issues, as required.

SAGE Payroll

We prepare payrolls for clients via our Sage Payroll Bureau, Britain’s favorite way to pay employees.

We produce payslips and a full set of payroll reports for our clients, make the RTI submissions to HMRC, manage your payroll for new starters and leavers during the year, and also complete the year end Employer Annual Returns. At the year-end, we provide you with forms P60 for you to pass on to your employees, and we file all of your year-end Employer Annual Returns electronically to HM Revenue & Customs.

Our payroll services also include processing your Workplace pensions under Auto-enrolment legislation, advising you of pension payments due, and submitting the information to your pension provider.

We also prepare forms P11D where your employees receive Benefits in Kind, and file your Employer’s Annual Return for you.

CIS Returns

Construction Industry clients that engage subcontractors are required to deduct tax from payments, make monthly electronic Returns to HM Revenue & Customs, pay tax due to HM Revenue & Customs, and provide their subcontractors with documentation of their payments and tax deducted.

We have developed a full service to Construction Industry clients to manage their monthly returns and payments to ensure that they meet requirements.

VAT Returns

We prepare fully documented files to support all VAT Returns prepared for clients to ensure that they meet all their record keeping requirements.

We are pleased to help you on every step of your VAT process, from completing your VAT registration application on line to filing your VAT Returns electronically, and setting up Direct Debit instructions so that your payments are made automatically to HMRC.

For Sage One booking clients, we submit your VAT Returns directly from Sage One.

VAT can cause extremely complicated issues, and have a significant business impact, especially where high value and unusual transactions are concerned. We have a long standing association with a leading independent VAT consultancy practice, and we are pleased to refer any specialist issues that you may have to these experts.