Aside from preparing its annual accounts, a business must also prepare a separate computation for the tax authorities showing its tax liability for the period just ended. This is regardless of whether the business is incorporated or not, or has made a profit or not.
Business must also register for VAT above a certain threshold of turnover, and there are a range of other taxes that businesses in the UK need to consider and deal with.
Obtaining professional help in handling business taxes is essential, even for relatively straightforward entities, and at Hansen Sweeney we offer a complete range of taxation services.
Please contact us on 020 7523 5383 to discuss how we can help you, for more information or to arrange a no-obligation meeting.
A well-respected and rapidly growing firm of tax accountants based in Canary Wharf, is looking to recruit up to two Graduate US/UK Tax Advisors…December 1, 2021
E-filing is the process of electronically filing tax returns with the Internal Revenue Service (IRS)…October 28, 2021
A 529 plan is a US tax efficient savings plan (aka qualified tuition plan) designed to help families to save for their child’s…August 25, 2021
The Office of Tax Simplification (OTS) has announced a review of…June 14, 2021