VAT
SB Patel & Co. PROVIDE A COMPLETE RANGE OF vat SERVICES
Value Added Tax (VAT) is a tax that must be paid when purchasing services or goods.
At SB Patel & Co. we can help you through the whole VAT process, including:
- Preparation and submission of your VAT returns
- VAT registration
- Guidance and advice on VAT rates changes
Guidance and advice on VAT rates changes. All businesses that have a turnover of more than £90,000 must pay and add VAT to all the products and services that they buy and sell. We can help ensure you pay this to HMRC on time with your quarterly, or sometimes monthly return.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available.
We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are complaint and that you don’t incur any penalties.
Self assessment
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Capital gains tax
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
Personal tax planning
SB Patel & Co. can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.