We prepare your annual accounts in accordance with UK accounting standards and regulations. This includes compiling financial statements that provide a clear and accurate picture of your company’s financial health, ensuring transparency and compliance for stakeholders and regulatory bodies.
Our team handles all necessary regulatory filings and reports, such as Companies House submissions and other statutory requirements. We ensure that all documents are filed accurately and on time, helping you avoid penalties and stay compliant with legal obligations.
We prepare and file your corporation tax returns, ensuring that they are completed accurately and submitted to HMRC within the deadlines. Our service includes calculating your tax liabilities and identifying opportunities for tax reliefs and allowances.
For individuals and sole traders, we prepare and file self-assessment tax returns. We ensure that all income, expenses, and deductions are accurately reported, and your tax return is submitted on time to avoid any late filing penalties.
We offer strategic tax planning services to help you manage your tax liabilities efficiently. This includes analysing your financial situation and providing advice on tax-saving strategies, ensuring you take advantage of all available allowances and reliefs.
We provide advice on employee taxation matters, including salary structuring, benefits, and PAYE. This ensures that your payroll practices are compliant and tax-efficient, benefiting both your business and your employees.
Our compliance and tax services offer thorough and reliable support to meet all your regulatory requirements and optimise your tax position. Get in touch today to discover how we can assist with your compliance and tax needs.
Ensure your annual accounts are prepared correctly, reflecting your financial position clearly.
Handle all regulatory filings and reports, keeping you compliant with statutory requirements.
Prepare and file corporation and self-assessment tax returns accurately and on time.
Provide expert advice to optimize your tax position and identify potential savings.
A full compliance service covers preparation and filing of annual statutory accounts with Companies House, corporation tax return (CT600) filing with HMRC, confirmation statement filing, dividend paperwork, director self-assessment tax returns, and ongoing HMRC correspondence. It ensures your business meets all statutory deadlines and avoids penalties.
The main corporation tax rate is 25% for profits over £250,000. Businesses with profits below £50,000 pay the small profits rate of 19%. A marginal relief applies for profits between £50,000 and £250,000, tapering between the two rates. Your taxable profit can be reduced through allowable expenses, capital allowances, and reliefs such as R&D tax credits.
Statutory accounts must be filed with Companies House within 9 months of your financial year end. Your corporation tax return must be filed with HMRC within 12 months of your year end. Corporation tax itself is due within 9 months and one day of your year end. Missing these deadlines results in automatic penalties from both Companies House and HMRC.
Late filing penalties start at £150 for accounts filed up to one month late, rising to £1,500 for accounts filed more than six months late. If accounts are filed late in two consecutive years, these penalties double. HMRC also charges separate penalties for late corporation tax returns, starting at £100 for one day late.
Yes. R&D tax credits allow UK companies to reclaim up to 33p for every £1 spent on qualifying research and development activities. Many SMEs in technology, software, engineering, and product development qualify without realising it. We identify qualifying costs, prepare the technical and financial narrative, and submit the claim to HMRC on your behalf.
Transforming financial complexity into growth opportunities.
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