Asmat & Co | Reliable Accountants in Maidenhead
Your Unique Taxpayer Reference (UTR) is issued by HMRC when you register for self-assessment. You can retrieve it via HMRC online services or by calling their helpline.
You must file a self-assessment if you’re self-employed, a company director, have rental income, or other untaxed income. We handle self-assessment tax return filing and HMRC registration.
PAYE (Pay as You Earn) is HMRC’s system for collecting Income Tax and National Insurance from employees. Employers must submit RTI payroll data monthly.
Your Corporation Tax return (CT600) is due 12 months after your accounting period ends, but tax must be paid 9 months and 1 day after. We ensure no missed deadlines.
If your turnover exceeds the VAT threshold, you must register with HMRC. We help with VAT registration, filing MTD VAT returns, and ongoing bookkeeping.
Yes, with the right paperwork. We prepare mortgage accounts, self-employed tax returns, and liaise with mortgage brokers for smooth approval.
It’s an HMRC initiative allowing landlords to disclose undeclared rental income with reduced penalties. We handle disclosures under the Let Property Campaign.
If your company has over £25,000 in retained profits, closing it through a Members’ Voluntary Liquidation (MVL) lets you withdraw funds as capital instead of income. By claiming Business Asset Disposal Relief, you can pay just 10% capital gains tax until 5 April 2025, rising to 14% from April 2025 and 18% from April 2026. We ensure with our partners to ensure maximum tax efficiency.
