Tax Advice & Planning
Personal Tax
Navigating the labyrinth of your tax return can be daunting and time-consuming. With various income streams, multiple forms, and a carousel of rates and bands that can change like the weather, the importance of getting it right the first time can’t be overstated.
Your mission? Avoid late fees by filing before the deadline.
There’s a silver lining, though. You might qualify for specific tax allowances or deductions and might discover opportunities to minimise or postpone taxes on your profits or capital gains, all depending on your situation. We’re the seasoned sailors in these stormy seas, always ready to review your tax situation and advise on how to make you a tax efficient
powerhouse.
With our expertise in income tax and capital gains tax planning, link to CGT, you can sit back and let the savings roll in. We’ll also keep you updated on tax payment schedules to ensure you stay on the right side of compliance. Our fixed-fee services come with no hidden surprises, just the reassurance of getting the best out of your tax allowances without breaking a sweat or the bank.
Capital Gains Tax (CGT)
Selling, transferring, or otherwise parting ways with assets like shares, second homes, and businesses can have you tangled up in the complex web of Capital Gains Tax (CGT). It’s a puzzle you can’t afford to solve incorrectly.
Determining your CGT liability can feel like navigating a maze, but fear not, our team of expert accountants are here to help you figure it out. With numerous reliefs and exemptions available, having a comprehensive view of your financial picture can unlock significant tax savings.
Our team will decipher what you’re entitled to and accurately determine your liability to HM Revenue & Customs. By identifying tax planning opportunities before you part ways with personal assets or your business, we can help you retain more of your hard-earned money. Stay ahead with our affordable, fixed-fee services and ensure you only pay your fair share – and not a penny more.
Property Tax
Property-related taxes can be a minefield, particularly if you have unique circumstances or additional real estate assets. Whatever you need help with we’re here to guide you.
Our experts can determine your eligibility for reliefs or exemptions and accurately calculate your liability to HM Revenue & Customs. With informed planning and the right advice, we can help you reduce your tax bill and retain more of your property income.
Don’t let property tax troubles keep you up at night. Our affordable tax services are your remedy for peace of mind and a healthier bottom line.
Corporation Tax
Operating a limited company comes with its fair share of tax obligations. HMRC imposes severe penalties for late corporate tax returns, not to mention added interest. Staying on top of your game is crucial.
At The Accounting Centre, we’re poised to assist you with all the paperwork involved in registering for corporation tax with HMRC. We can calculate your company’s profits, claim any capital allowances and tax relief duo for each accounting period and accurately determine the corporate tax payable.
Not only can we prepare your company accounts and tax returns, but we are also well equipped to provide any tax planning advice you might need.
Let us help you maximise your profits while keeping your tax bill to a minimum.
VAT (Value Added Tax)
Understanding VAT schemes can feel like learning a new language, but that’s where our expertise comes in. We can advise on which scheme or combination of schemes is most beneficial for your company, potentially leading to tax savings and reduced bookkeeping responsibilities (link to bookkeeping).
Whether you’re just launching your business or it’s been established for years, we can guide you at every stage. From preparing your VAT return to acting as your Agent for VAT purposes and dealing with HMRC on your behalf, we’ve got you covered.
With HMRC imposing penalties for late registrations, returns, payments, and errors, it’s crucial to avoid unnecessary expenses. Our expert accountants are here to assist on a fixed-fee basis, ensuring no hidden costs spring up along the way.
CIS (Construction Industry Scheme)
Contractors hiring subcontractors must register for the Construction Industry Scheme (CIS). They are responsible for making deductions on behalf of HM Revenue and Customs (HMRC) for subcontractors’ advance payments of tax.
We work closely with contractors and subcontractors, ensuring compliance and optimal setup. Our services include managing CIS registration, calculating and paying the amounts due to HMRC, and ensuring monthly CIS returns are accurately calculated and submitted before deadlines.
For subcontractors, we can assist with applying for gross status, where you’re paid in full and handle your payments to HMRC. Our affordable CIS services are designed to make this complicated process straightforward and manageable.
Payroll – PAYE & RTI
Growing your workforce comes with additional responsibilities, such as managing your employee’s payroll under HMRC PAYE scheme taxes. We understand how complex and time-consuming this can be, and that’s why our expert team is here to take the hassle out of your hands.
Provide us with the necessary employee information, and we’ll calculate and process all employee payments, including taxes, National Insurance (NI) contributions, and any other deductions. We’ll ensure you’re fully compliant with your employer obligations while you focus on the important task of running your business – all at a fixed fee.
Tax Investigations
Nobody wants to find themselves under the microscope of a HM Revenue & Customs (HMRC) investigation. Regardless of whether the trigger was beyond your control or you’re entirely innocent, HMRC will dig deep before issuing a closure notice.
Individuals and companies alike benefit greatly from having an experienced tax advisor in their corner during such a process. We can guide you through the process, dealing directly with HMRC on your behalf.
Always remember – an expert tax advisor like us can ensure that HMRC gets what they need in the format they want it. This can speed up the process and simplify things considerably. If you find yourself under scrutiny from HMRC, don’t face it alone. Have an affordable Accounting Centre professional in your corner – it’s an investment worth making.
Accountancy
At The Accounting Centre, we make it simple and stress-free for you to maintain your company accounts. Regardless of whether you’re a startup, SME or larger organisation, keeping your financial records in check is critical.
As part of our service, we’ll prepare your statutory annual accounts in line with HMRC and Companies House regulations, ensuring accuracy and compliance at every step.
We don’t just help you with the paperwork, we provide valuable insights into your financial performance, helping you identify potential growth opportunities and areas where efficiencies could be gained.
Maintain the financial health of your business with our reliable, fixed-fee services.
Bookkeeping
Bookkeeping is a crucial part of your business and forms the foundations of your accounts and tax returns. Incomplete or erroneous bookkeeping can lead to you filing incorrect accounts or tax returns.
With our bookkeeping service we complete your books to a high standard digging deep into each transaction ensuring they are dealt with correctly from the start.
We use highly sophisticated software’s such as Autoentry and Dext to capture your source documents which are linked to our Accounting software’s. We are experienced users of all the major software’s such as Sage Accounting, Quickbooks and Xero. So our clients have the option to use a bookkeeping software that they prefer.
We provide monthly management reports which provide essential insights in your business performance. These reports include your profit and loss account, balance sheet and variance analysis. So, month on month you can assess your businesses performance and make key decision based on these figures.
Let us support your strategic planning by identifying key metrics, evaluating profitability, and enabling you to foresee potential problems and opportunities.
Make business decisions with confidence, backed by our comprehensive and affordable management reporting services.
Making Tax Digital (MTD)
HMRC’s Making Tax Digital (MTD) initiative is here to stay, and it’s essential your business is prepared.
With The Accounting Centre on your side, navigating MTD becomes a breeze. Our knowledgeable team can help you understand the obligations and benefits of MTD, guiding you through the transition smoothly.
We provide robust MTD-compliant software solutions and can train your team to ensure you stay compliant with HMRC’s digital-first approach to tax.
Embrace the digital age of taxation with our budget-friendly, fixed-fee services.
Company Formation
Starting a new business can be an exciting but daunting task, especially when it comes to understanding the ins and outs of company formation.
At The Accounting Centre, we simplify the process. Our experts will advise you on the best company structure, assist with the registration process, and ensure all necessary paperwork is completed correctly and on time.
Start your entrepreneurial journey with confidence, backed by our reliable, fixed-fee company formation services.
Business Advisory
Running a business comes with its own unique challenges. Our Business Advisory service is designed to help you navigate these complexities and reach your business goals.
Whether it’s developing business plans, advising on growth strategies, or evaluating potential acquisitions, The Accounting Centre’s experienced consultants are ready to provide expert advice.
Maximise your business potential with our affordable, fixed-fee Business Advisory
services.
Business Advice & Planning
A journey without a map can easily lead to detours, delays, and dead ends. So too, a business without a plan. A solid business blueprint is your guide to success, assisting you to make informed decisions and evaluate your progress. It’s not just about defining your destination, but discovering the most rewarding routes to get there.
At The Accounting Centre, we’re your trusted co-pilots, advising you on all aspects of business planning. We’ll join forces to fortify your company for prosperity, ready to brave any turbulence.
Armed with vast knowledge and rich experience, our accounting virtuosos stand ready to assist businesses at any stage of their journey. We’ll help you chart the course of your dreams and maintain your heading towards achievement.
Supercharge your growth with our expert, unbiased advice delivered at a fixed-fee. Set your business on a flightpath to success, under our experienced guidance.
Accounting Software
Choosing the perfect business accounting software can feel like searching for a needle in a digital haystack. Knowing how to harness its full power can be another challenge altogether. Find the right fit and master its use, and you’ll unlock a treasure trove of time and financial savings.
At The Accounting Centre, we’re your navigators through this tech-laden maze. We provide insightful advice on the finest cloud-based accounting solutions that are tailored to your unique business needs. Whether you’re just starting your digital journey or already sailing on the data-driven seas, we’re here to ensure you’re making waves, not floundering.
A top-notch business accounting software suite is like your personal business command centre. It grants you a panoramic, real-time view of your enterprise and equips you with the ability to project into the future, enabling strategic decision-making when it matters most.
Talk to our skilled accountants if you want to optimise your software usage or need guidance on the right solution for you. Our expertise spans across all major providers including Xero, QuickBooks, Sage, and more.
For a fixed, affordable fee, we deliver peace of mind, liberating you to focus on your
business. Navigate the software landscape confidently with The Accounting Centre as your trusted guide.