It would be our pleasure to apply our experience to your specific situation. At TAX RETURN, we specialize in financial consulting and services for start-ups, small businesses, sole proprietors and individuals. Payroll
Payroll- Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the mor
e difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance. We provided a comprehensive and confidential payroll services:
Customized pay-slips
Administration of PAYEE, national insurance, statutory sick pay, statutory maternity pay, etc
Even if you have only a few employees, you will make savings by engaging us to administer your payroll. Payroll, calculation and form filing:
Starting the tax year : codes and forms, updates you II receive and action you need to take to ensure you use the right tax codes from the start of each new tax year. Monthly/weekly payroll and form filing : starting and continuing the tax year - receiving tax codes, calculating and recording payments and deduction, paying your employees. End-of-year tasks : annual return and form filing; all the key tasks-finalise form P11,file your Employer Annual Return(forms P14 and P35) and report any expenses and benefits. Non-standard paydays or moving paydays : how to work out the correct PAYEE tax and CICs deductions if there's a new payday ,a new interval between paydays or similar charges. PAYEE for special types of pay : how to make the right deduction from different types of payment such as tips, non-cash payments and incentive awards and vouchers. PAYEE if your business closes or changes : what to do if you close or sell your business, or if you no longer employ anyone. Pension payments and PAYEE : find out about the payroll procedures that apply if you pay a pension or annuity to someone. PAYEE problems, checks, penalties and appeals : details of new HMRC rules for compliance checks and penalties for incorrect results. Corporation Tax
Construction Industry Scheme(CIS)
PAYEE
Self Assessment
Stamp Taxes
VAT
VAT EU
VAT Registration
The ever widening scope of VAT, the stream of detailed changes to the regulations, and the ever growing demands o Customs and Excise call for a trained professional eye to ensure that you do not foul of the regulation and do not pay the Exchequer more than you need to! We provide an efficient cost effective VAT service, which include:
Assistance with VAT registration
Use of the most appropriate scheme
Help with completing VAT returns
A introduction to VAT:
Value Added Tax(VAT) is a tax that's charged on most goods and services that VAT - registered businesses provide in the UK. It's also charged on goods and some services that are imported from countries outside the European (EU),and brought into the UK from other EU countries. VAT is charged when a VAT-registered business sells to either another business or to a non-business customer. When VAT-registered business buy goods or services they can generally reclaim the VAT they've paid. There are three rates of VAT, depending on the goods or services the business provides. The rates are:
- standard - 15 per cent ;
- reduced - 5 per cent
- zero - 0 per cent
Book Keeping
Tax Return can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts in compliance with statutory requirements. Our first step is to work with you so that we can gain a full understanding of your business, tailoring our approach to meet your requirements so we can provide exactly the service you need, making use of a variety of leading-edge software products. Bookkeeping and accounting services include:
Outsourced monthly management accounts
Preparing and processing the VAT Returns
Preparing year-end statutory accounts
Cash flow and profit projections
Identification of key performance indicators
Implementation of accounting systems.
