AFFORDABLE TAX ACCOUNTANTS IN MANCHESTER
YOU CAN SPEND YOUR WHOLE LIFE TRYING TO GRAPPLE THE VARIOUS FORMS OF UK TAX LAW, OR YOU CAN JUST LET OUR EXPERT ACCOUNTANTS IN MANCHESTER, HANDLE IT ALL FOR YOU.
Taxation refers to the act of levying or imposing a tax by a taxing authority. It is a compulsory contribution to our country and is levied by the government on working people’s income and companies’ business profits.
For centuries it has been the governments key role to find money which they will then be able to use to finance their key activities. There are many different types of tax, and UK Tax Law can be quite complex, therefore finding the correct allowances and relief can be a tough nut to crack. Our Accountants in Manchester provide all taxation services, including personal tax, helping you to stay compliant, and helping you and your business save money.
CORPORATION TAX
Corporation Tax is paid by businesses in the UK and is calculated on their annual profits in a similar way to income tax for individuals. You must pay Corporation Tax on profits from doing business as:
- a limited company
- any foreign company with a UK branch or office
- a club, co-operative or other unincorporated association, eg. a community group or sports club
You don’t get a bill for Corporation Tax. There are certain things you must do to work out, pay, and report your tax.
Register for Corporation Tax when you start doing business or restart a dormant business. Unincorporated associations must write to HMRC.
Keep accounting records and prepare a Company Tax Return to work out how much Corporation Tax to pay.
Pay Corporation Tax or report if you have nothing to pay by your deadline - this is usually 9 months and 1 day after the end of your ‘accounting period’.
File your Company Tax Return by your deadline - this is usually 12 months after the end of your accounting period.
.... If it sounds a bit endless and exhausting then we can do this for you? Every year, without you having to lift a finger.
If you need help and advice with Corporation Tax then get in touch with us for our services. We're based in Altrincham, Manchester.
Please fill in the contact form below and one of our friendly team of accountants will be in touch as soon as possible.
PERSONAL TAX SERVICES
Provided you can supply the information in a timely manner, your personal tax accountant will take away the worry of your Self-Assessment.
With Strategic Tax Planning, we can maximise your tax efficiency.
VAT RETURNS
Whether monthly, quarterly, or annually, we will take the worry out of your VAT Returns.
CAPITAL GAINS
This is a tax when you sell property, shares, personal possessions, and business assets.
TAX YEAR-END SERVICES
The Tax Year-End is always quick to come around. The 5th April 2022 marks the day. Act now to make sure you’ve thought about all the steps you can take to reduce your tax bill and make your money work harder for you.
If you’ve taken action already, that’s great. If not, get in touch with us for our tax year-end services and we'll be happy to guide you in the right direction.
CONTACT US FOR TAX SERVICES
Fill out our contact form below with the taxation services that you require and we will get back to you as soon as possible. Or alternatively call or email us.