Individuals that own a Limited Company, run a charity, earn an income outside a SERPS scheme, or work as a freelancer or contractor in the UK are strongly advised to employ the services of a registered firm of chartered accountants.
Companies House and HM Revenues & Customs are clamping down on businesses for all kinds of reasons and if you are not aware of the new regulations you could be in danger of incurring hefty penalties that are damaging to the future growth or operation of your company. Our low fixed-fees pay for themselves.
- Ltd Company by shares
- Ltd Company by guarantee
- Charity or Trust
If you earn a taxable income, protect your interest and ensure your business accountants and tax returns are up-to-date by contacting us today on 0800-0235-234.
Choosing an accountant
Before choosing a chartered accountant you want to be assured they are reliable and affordable. Our team of specialists at Taxaccolega is confident we will fulfill all your requirements because we have a team of expert professionals with a proven track record of delivering an exceptional quality of service. When you become a client of Taxaccolega Chartered Management Accountants you can expect:
- A dedicated service from qualified professionals
- Expert in the contractor & freelancer market
- Personal service
- Offers a low cost fixed fee services
- Has Good reputation
Our excellence in customer service, expert knowledge of accounting and tax for a low fixed-cost fee is what makes Taxaccolega Chartered Management Accountants stand out of the crowd against our competitors. To find out more about how w can help you put your financial affairs in order call us today on 0800-0235-234
Benefits of having an Accountant
When new business owners first set up their business they don´t feel the need to seek advice from an accountant. Their initial thought is that account fees are too expensive. In reality accountants actually save you money in tax liabilities, avoiding penalties and expert advice about ways to grow your business faster and more effectively. You will also save yourself untold hours of frustration attempting to manage your own books and tax affairs. Let´s take a look at some of the advantages you get when you employ a qualified team of professional accountants:
Minimizing your tax liability
Tax planning is one of the biggest benefits you will receive by hiring expert professionals with specialist knowledge of tax. Accountants minimize your tax bill by legitimate means and will make sure you take full advantage of the changes in tax laws in order to avoid paying more tax than you have to together with ensuring you avoid harsh penalty fines HMRC are looking to hand out.
Helping in growing your business quickly
A poor financial decision at the start of your business could spell a sudden end. A trained accountant with specialist business knowledge will help you avoid the pitfalls many new business owners fall into and can be a great source of help and advice for you to develop your business. Modern day accountants offer more than a numbers and notes service to keep your finances in check. We are here to help you grow your and act as business consultants to assist you with solutions that ensure the future success of your business.
When you first set up your new business your time is valuable. You need to maintain a 100% focus on the running of your business in order to compete with a demanding market and ensure your cope with the early stages in order for your business to grow in the future. If you are distracted by pawing of your accountants you are losing valuable time which could be put to better use making important decisions of your business and putting them in place in order to generate more revenue.
Filing accounts and filling in forms
Anybody that runs a business can fill out tax return forms and any other documentation by yourself. The danger is that if you make an error, honest or otherwise, and file your tax return to HMRC, you will incur a fine of at least £100. Not only will a qualified accountant save you time and hassle filling in forms, but they will also ensure the information you provide is correct and thus avoid you from incurring unfair penalties.
What will an accountant do for me?
In simple terms, your accountant will;
- Help you to understand the needs of your business and implement the best model for success
- Ensure your company is tax efficient
- Tell you the best way to extract money from your business to avoid overpaying taxes
- Guide you through all the possible allowable expenses which can be claimed whilst running your business
- Help you to understand all of your business tax liabilities
If you would like further details of how taxaccolega can help you put your business affairs in order take a look at our list of services below or contact us today on 0800-0235-234, and speak to one of our friendly and knowledgeable experts, or visit us at our offices in London and take advantage of a face to face meeting over a cup of coffee.
- Preparation of Company year end accounts
- Preparation of Company tax computations
- Completion of VAT returns
- Preparation of Annual returns
- Completion of company tax computation
- Dividend administration
- Dealing with HM Revenue & Customs and Companies House
- Preparation of your personal Tax return
- Free bookkeeping spreadsheets
- Unlimited direct or indirect access to your accountant