Our professionals have vast and extensive function knowledge that is accompanied by technical proficiency. We understand your needs and business issues, which help us formulating business feasible and tax compliant solutions for you.
Effective and efficient tax services provided by us give a competitive advantage by lowering the tax and administrative costs yet keeping your business compliant with the tax laws and regulations.
Our variety of Taxation Services includes:
VAT (Value added Tax)
The decisions on whether it applies are taken every day on charges applied by businesses to their customers. Incompetence and wrong decisions are made, can led you to waste to time and financial resources.
We’ll help you choose the right VAT scheme, and make sure you understand and comply with VAT laws and regulations. We also keeping up to date with the latest VAT legislation, our clients can be confident that they are being compliant with the VAT regulation.
- Services that we offer to VAT client:
- Application to enroll on the VAT scheme
- Recommend the most suitable VAT scheme to join
- VAT planning for tax saving
- Complete your VAT return (avoiding any penalties)
- Attendance for VAT inspections
PAYE and NI
Pay as you earn, or PAYE, refers to the income tax that is deducted from an employee’s salary before they receive it. It is mandatory by HMRC regulations to collect taxes from workers and employees at its initial stage of earning. Deductions of PAYE from workers salary and submission of PAYE is a time consuming and demanding job. As a business owner, you need to report your employee’s payments and deductions to HMRC. We are ready to take you burden at an economical and efficient terms.
You pay National Insurance contributions to build up your entitlement to certain state benefits, including the State Pension. Information about how much National Insurance you pay, what it’s for and how to check your National Insurance record. For the National insurance contributions as an employee or employer, you can trust Milton Accountants and Consultants for the quality work.
Services related to Payee and National insurance
- Apply for national insurance number
- Calculation of PAYE and NI amount
- Submission of PAYE and NI
- Managing your quires and disputes arise with HMRC in relation to PAYE
- National Insurance legal claims for individuals and corporations.
Self-Assessment
It is compulsory for the individual who is working as self-employed to submit tax return. Our self-assessment services for individuals help to ensure the completion and submission of tax return on time. Milton accountants and Consultants ltd.’stax advisors also ensured that right amount of tax is paid as well as on time.
Individuals who are liable for the self-assessment:
- Self-employed people including business partners
- Company Directors
- Pensioners with more complex tax affairs
- People who receive rent or other income from land and property in the UK
- Non-resident company landlords
Milton Accountants and Consultants Ltd are offering services to liable individual with quality of work to avoid penalties and calculation for appropriate taxes.
- Personal Tax-Self Assessment Registration for directors and self employed
- Preparation of personal tax returns for self-employed, partners and company directors
- Calculating your tax liability
- Advising you when various payments are due and how much to pay
- Advising on appropriate record retention
- Efficient personal tax planning to minimise overall tax bill.
- Tax claims and refund administration
- Handling disputes with HMRC regarding tax liability and other related issues