Accountancy Services and Tax Assistance

Pure Accounting Solutions we have relevant professional qualification to provide accountancy services and tax assistance to Private tax payers, Sole traders, Partnerships, Small limited liability partnerships and Small limited companies.

We can…

  • Prepare accounts to help in completion of self-assessment tax returns and corporate tax returns.
  • Produce financial statements for filing at Companies House and abbreviated accounts. But we can do more than just report the history of what’s already happened…
  • Identify areas where we can assist in minimising your tax liability.
  • Identify areas of the business that give you the most opportunity to make improvements.
  • Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.

Need Some More Help or Some Further Information? Click on the button to contact us with any questions about business startups or just for an informal chat.

COMPANY TAXATION

Your company or association must file a Company Tax Return if you get a ‘notice to deliver a Company Tax Return’ from HM Revenue and Customs (HMRC).

You must still send a return if you make a loss or have no Corporation Tax to pay.

You don’t send a Company Tax Return if you’re self-employed as a sole trader or in a partnership – but you must send a Self Assessment return.

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WHAT IT INVOLVES

When you file your tax return, you work out your:

  • profit or loss for Corporation Tax (this is different from the profit or loss shown in your annual accounts)
  • Corporation Tax bill
  • Help with completing VAT returns.
  • Negotiating with HM Revenue and Customs in the event of disputes.

Deadlines

The deadline for your tax return is 12 months after the end of the accounting period it covers. You’ll have to pay a penalty if you miss the deadline.

There’s a separate deadline to pay your Corporation Tax bill. It’s usually 9 months and one day after the end of the accounting period.

Let Pure Accounting Solutions take care of your tax, while you take care of your business.

SELF ASSESSMENT

HM Revenue & Customs send out Self Assessment Returns each year in April to those individuals registered as self-employed or who receive income that is not taxed through the PAYE system.

The Return covers the previous tax year period from 6th April through to 5th April. The deadline for submission is 31st January following year.

If you have received Self Assessment Return, then don’t delay as failure to submit on time can and will result in financial penalty.

The following people usually have to complete one...

When you file your tax return, you work out your:

  • Anyone who is self-employed;
  • A company director;
  • A trustee
  • Pensioners with an annual income of £100,000 or more.
  • Employees or pensioners with an annual income from savings or investments of £10,000 or more.
  • An employee or pensioner with untaxed annual income of £2,500 or more.
  • A landlord who rents out property or land.

Let Pure Accounting Solutions sort your tax affairs, we will calculate your tax liability for you and advise exactly how much tax needs to be paid and when you need to pay it. We will Complete and submit your tax return to the HM Revenue and Customs.

Need Some More Help or Some Further Information? Click on the button to contact us with any questions about business startups or just for an informal chat.

Contact Us

Feel free to call us on

01908 889 215

Monday - Friday, 9am - 7pm

Our Email

Drop us a line anytime at
info@pureaccountingsolutions.com
and we’ll get back soon.

Our Address

Shop 14, Church St,
Wolverton, Milton Keynes
MK12 5JN

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