One of the key objectives in accounts preparation is to identify areas where we can help you to minimise your tax liability. Another key objective is to ensure that the accounts are compliant with all the statutory regulations where required. In addition we are able to gain a full understanding of your business so that we are in a position to give advice and recommendations tailored exactly to your requirements to help with both your short-term objectives and long-term goals.
We take the time to explain your accounts clearly to you so that you understand what is going on financially within your business, helping you to plan for the future.
Corporation and Individual Taxation
We help you minimize your corporate tax exposure, determining the most tax efficient structure for your business. We take full advantage of tax opportunities and tax reliefs.
Meeting the rigorous demands of compliance including corporation tax and self-assessment.
Up to one in four Self Assessment tax returns are not completed correctly! This could mean you are paying more tax than you need to…
Asmat & Co can take care of all your Self-Assessment matters
Carry out a full review of tax affairs.
- Complete your Self Assessment tax returns.
- Make sure you pay the correct amount of tax and no more and avoid late filing penalties.
- File your Self Assessment Tax return online with HMRC.
Property Income Tax – for residential property landlords
We offer expert tax advice related to property rental and lettings income.We can provide assistance with filing tax forms.
- preparing accounts
- calculating tax
- working out any capital gains implications
- dealing with HMRC
- Ensuring we keep your landlord tax liability to a minimum.
Registering for VAT is a requirement for every business in the UK with annual turnover above a certain threshold. We advise clients which VAT option to follow (Standard, Flat, Marginal or TOMS) as this can make substantial savings to the business.
Asmat & Co offers businesses a VAT registration service after assessing the business model. The majority of VAT returns are to be submitted on a quarterly basis to HMRC. We calculate and submit your VAT returns on a timely basis, ensuring compliance of VAT tax regulations.
Managing payroll properly can be a time consuming task with complex tax and employment legislation and penalties for non-compliance Asmat & Co has a fully compliant payroll service which is available to any business, across any market sector.
Our dedicated payroll specialists have a vast experience in managing all aspects of payroll services with online submissions to HMRC ensuring RTI (Real Time Information) compliance is met.