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.
Whether you are an individual running your own business or a CIS sub-contractor needing a refund, we are here to help.
No job is too small, yes the carrier bag full of crumpled receipts, to a full bookkeeping service, we do it all. We prepare end of year accounts, tax calculations, Tax Returns, basically anything you would expect from an accountancy firm. The difference is we make it as stress free as possible. We do not guarantee that you will not pay any tax, but all of our clients agree that the experience is as pain free as possible. We can be involved with as much or as little depending on your requirements, taking away the stress and burden of the administration. This is our job, allowing you to get on with yours, and earn the money.
From a one director business to a larger growing company, we are committed to offering the services and expertise to achieve your goals.
It does not matter the size of your company, we are here to advise you and act as your virtual Financial Director. We can make sure that you have the best structure and also that your company complies with the ever changing Legislation, and best financial planning thus reducing your tax burden. We can tailor our services to your business needs, offering you any or all of the following, subject to your requirements. It is about working with you as part of your business so that you can concentrate on what you do best.
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.
The Accountancy
Practice Ltd
10 Churchill Square
Kings Hill
West Malling
Kent, ME19 4YU
Tel: 01732 897929
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