TAX

Whether you're just starting out or have been in business for years, our tax services are here to make your life easier.

We take the stress out of tax so you can focus on what really matters—running your business.

Tax Services we offer:

• Self-assessment

• Partnership tax return (SA800)

• Company tax return

• VAT returns

What We Do:

• Make sure you never pay more tax than you need to

• Help you understand what you owe and why

• Identify legal ways to reduce your tax bill

• Handle all tax returns for you and your business

• Act as your Agent with HMRC—dealing with them directly on your behalf

• Ensure you meet all HMRC deadlines and avoid penalties

Many people pay more tax than necessary simply because they’re unaware of the allowances and reliefs they’re entitled to. Our job is to make sure that doesn’t happen to you.

By letting us manage your tax affairs, you’ll stay compliant, avoid costly mistakes, and have more time (and peace of mind) to grow your business

What is a Self-Assessment?

Self Assessment is a system used by HM Revenue and Customs (HMRC) to collect Income Tax. This system is essential for individuals and businesses that have income not taxed at source, meaning that tax is not automatically deducted from their earnings.

Typically, tax is deducted automatically from wages and pensions through the Pay As You Earn (PAYE) system. However, if you have other sources of income—such as profits from self-employment, rental income, or dividends from investments—you must report this income to HMRC using a Self Assessment tax return.

If you operate as a sole trader, the money you earn from your business does not have any Income Tax or National Insurance Contributions taken out before you receive it. Therefore, it’s your responsibility to report this income on your Self Assessment form so that HMRC can calculate any taxes owed.

If you are a director of a limited company and receive dividends from your company, you will also need to file a Self Assessment. This ensures that HMRC is aware of any additional income you may have received outside of your salary.

There are various other types of income that require reporting through Self Assessment, examples include rental Income If you own property and earn rental income, income from abroad, dividends from shares or interest earned on savings.

What is a Partnership Tax Return?

A partnership tax return in the UK is a type of tax return submitted to HM Revenue & Customs (HMRC) by a business partnership to report the partnership’s income, expenses, and profits or losses for the tax year. While the partnership itself doesn’t pay tax, the return (form SA800) shows how the profits or losses are split between the partners. This is important because each partner is then taxed individually on their share of the profits through their own Self Assessment tax return.

Each partner also receives a statement showing their share of the income and any tax adjustments, which they need to include on their own return

What is a Company Tax Return?

A company tax return is a report that all UK limited companies are required to submit to HM Revenue & Customs (HMRC). Its purpose is to give HMRC a clear picture of the company’s financial activity for a specific accounting period — including how much income the company earned, what expenses it incurred, and how much Corporation Tax it owes on its profits.

The main part of the company tax return is a form called the CT600, but this is just one part of the full submission. A complete Company Tax Return includes several important components:

• The CT600 form – This is the main document where the company declares its tax position, including profits, losses, and tax due.

• Company accounts – These are the statutory financial statements for the accounting period, showing the company’s income, costs, assets, and liabilities.

• Tax computations – These are detailed calculations that explain how the profit in the accounts has been adjusted to arrive at the taxable profit, and how the Corporation Tax has been worked out.

• Supplementary documents – Depending on the company’s activities, this might include additional forms or schedules, such as details about loans to directors.

Together, these documents allow HMRC to assess whether the company has calculated and paid the right amount of Corporation Tax.

What is a VAT Return?

A VAT Return is a form you send to HM Revenue and Customs (HMRC), usually every 3 months, to report the amount of VAT you’ve charged your customers (output VAT) and the amount of VAT you’ve paid on business purchases (input VAT).

The VAT Return shows whether you owe VAT to HMRC or are due a refund. If you’ve paid more VAT on your purchases than you’ve charged on sales, HMRC will repay you the difference.

If you’re not VAT registered, you don’t need to file VAT Returns — but if your business reaches the VAT registration threshold, it’s a legal requirement to register and start filing returns.

We can make VAT simple, efficient, and stress-free. Here’s how:

• Maximise VAT Savings by ensure your VAT claim is accurate and that you’re claiming all the input VAT you’re entitled to — and only paying what’s necessary.

• We can act as your VAT Agent and deal directly with HMRC on your behalf. This includes submitting your VAT Returns and handling any HMRC correspondence.

• Never Miss a Deadline, helping you avoid penalties and interest.

CONTACT US

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