Taxation
Our expert knowledge can benefit both individuals and companies in the form of comprehensive and professional services. Not only do we file your tax returns, we provide tailored tax advice based on your specific circumstances no matter what type of business you have.
By appointing SS Accounts to take care of your affairs, you can rest assured that your tax affairs will be in order and submitted in a timely manner.
We can help you make the most of the tax-saving opportunities available to you whilst ensuring you remain fully compliant and up to date with the very latest regulatory changes.
SS Accounts is a member of the Tax Faculty of the Institute of Financial Accountants, this body regularly advises and lobbies the Government on various tax issues relating to taxpayers.
Our tax services are:
Corporation Tax for Companies:
- Advice on allowable business expenses to reduce tax liabilities.
- Corporation Tax computations
- Advise on group loss relief if applicable.
- Company tax planning services.
VAT:
- Calculations of VAT liabilities.
- Assist in MTD (making tax digital) and online submission of VAT returns
- Advise on choosing right VAT scheme for your business.
- Assisting with HMRC VAT routine inspections.
VAT Option on property transactions:
- Advice on whether it is beneficial to opt for VAT your property
- Partial exemption rules and calculations
- Actual registration to obtain OTT certificate
- Completion of VAT returns
Personal (Tax Sole-traders& Partnerships):
- Completion of personal Tax Returns and partnership tax computations and advising on tax allowable expenditure.
- Rental income and expenditure accounts
- Self-Assessment Tax and NI liabilities including advising on dates of tax due.
- Capital gains Tax liabilities calculation incorporating relief available.
- Personal tax planning services.
- Inheritance tax planning
Payroll:
- Calculations of the Tax/NI on employees’ wages and salary from instruction.
- Providing payslips and P60’s and P45’s.
- Completion of P11ds including expense claims.
- Advice on amounts and dates due for payment.
- Operation of payroll based on RTI system (FPS) and monthly submission reports (EPS).
HMRC Enquiries:
Tax consultancy advice to deal with HMRC enquiries, and liaising on behalf of clients with HMRC to final agreement/settlement.