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An accountant has many duties and responsibilities. Here are a few of common responsibilities:
We can help you with many tasks from incorporating Limited company to calculating business expenditures and registering for VAT, CIS, PAYE. We promise to work with you to help in these financial areas and make sure all set up will be smooth and efficient.
Our accountant will keep your accounts up to date whilst you use your time to manage the rest of your business. With up to date accounts you will be able to make more efficient decisions and avoid making costly mistakes.
Switching accountants is simple and easy process. You will need to inform your current accountant about the name of your new accountants and they will be getting in touch with them shortly to collect all your records. Our accountants team will take care of everything, including contacting your previous accountant, we will also arrange the transfer of your records, obtain copies of your accounts and tax computations and notify HMRC that we will be authorized as your accountants and tax agents.
The latest date to submit your Self Assessment Tax Return is 31st January if you submit it online. If you are submitting paper forms, this must be submitted by 31st October. We can submit your Tax Return well before the deadline. When submitting earlier it doesnt change the deadline for paying your tax bill on 31st January.
HMRC uses your UTR number to help them with your tax record. UTR number is a 10 digit reference number which identifies your business. You‘ll normally be sent a UTR number after you registered yourself for Self Assessment. Your UTR number is usually shown on any letters or emails between you and HMRC. If you can‘t find any letters or documents from HMRC with your UTR on, you might be able to find it by signing into your Personal Tax government gateway account. But, if you still struggle to find it, contact HMRC as soon as possible.
ui ir gauti UTR numerį.
Yes, we provide a few of our partner’s accounting software. You will be able connect your bank accounts, sync your expenses, balance your books and be ready for tax time.
When you are owed a HMRC tax refund, it is because you’ve already paid too much income tax. Loads of people don’t even realise how many of their day-to-day expenses could qualify for tax relief.
It takes 2 to 4 weeks normally for our clients to receive their tax refunds. In some cases, HMRC might want to check your details and it could extend to 8-10 weeks until you will receive your tax refund.
Yes, you can. When working on a CIS basis you usually are taxed at a very high rate (20% or 30%) and no free tax allowances. If you had any work related expenses (travel, materials and tools etc) you can claim these expenses and receive your paid CIS taxes back.
We make sure you are paying the right tax and identify appropriate tax deductions.