You might have a business, or you are an individual looking for advice or help, we have the solutions

You might have an existing business, but you are looking for extra support, or you are an employee needing advice on a particular subject. It may be property rental, inheritance tax, you might even be thinking of starting up your own business,….. Our experienced team is here to help.

Services that we provide:

  • Business Start-ups and advice
  • Company formation
  • VAT Registration, VAT Return preparation and submission
  • PAYE enrolment, payroll preparation, payslips, HMRC submission
  • Bookkeeping, from simple spreadsheets to full software packages
  • Property Rental Statements
  • Tax Returns, tax calculations, HMRC submission

TAX ENQUIRIES: EVERYONE IS AT RISK

Each year HM Revenue & Customs (HMRC) undertake an enormous number of tax enquiries into individuals and businesses to check they have paid the right amount of tax. Since 2010 HMRC have strengthened their approach to enquiry work by using wider powers and sophisticated software and consequently secured a record £34.1 billion of additional tax revenue in 2018/19, up a staggering £3.8 billion on the previous year. 
 
Moving forwards we expect to see an even greater increase in the number of tax enquiries as HMRC look to recover the enormous £350bn government spend through the Covid-19 pandemic, as well as ensuring that the measures put in place to support the economy through this period have been utilised correctly by taxpayers. Tax enquiries can last for months, even years and defending you against HMRC’s detailed questions requires specific expertise and can be time consuming and costly. Indeed, the cost of dealing with an enquiry can amount to thousands of pounds, even if no extra tax is payable. 
 
Our normal annual fees do not cover the additional professional costs of handling tax enquiries and compliance checks. We therefore strongly recommend that you are protected against such unexpected costs by subscribing to our Tax Fee Protection Service.
 
You can find out more information and pay for this service by following the link below:

 

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  • ABOUT US

    the accountancy practice kent logo

    The Accountancy Practice is a Kent based firm specialising in small and medium sized businesses. We provide a friendly, professional service and regard our smallest client as important as our largest.
  • Latest News

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  • CONTACT US

    The Accountancy Practice
    10 Churchill Square
    Kings Hill
    West Malling
    Kent ME 19 4YU

    01732 897929

    Fax: 01732 897939
    info@theaccountancypracticeltd.co.uk


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  • Why choose us

    By working more closely with you than traditional accountants, The Accountancy Practice is able to gain a deeper understanding of your individual business needs. We are then on hand to support you with day to day issues and provide ongoing financial and taxation expertise. You can think of us as your virtual Financial Director.