Taxation Services

Hospital doctors

Services

Our firm offers a depth of business expertise and professional skills to a variety of organizations, large and small. We provide a full range of traditional services to our clients including tax planning, financial statement preparation, budgeting, forecasting and data processing. In addition, we offer consultancy and consultation in related areas such as mergers and acquisitions, tax shelters, financing arrangements and representation before regulatory agencies.

We also prepare payroll and sales tax returns, W-2 forms, business property statements, as well as performing other accounting services to supplement the staff and/or capability of the smaller business.

  • Our payroll services include: all manner of payment and deductions including, but not limited to: hourly wages, salaries, weekly, fortnightly, monthly and annual payments, bonuses, SSP, SMP, Pensions etc.
  • We offer a level of professional competence rarely found in the Book- Keeping functions of accounting practices & almost impossible to achieve with in-house or part-time specialists.
  • Our Company Statutory Services include Company Annual Return, Members Register and Directors Register
  • Our Taxation ServicesTaxation Services include VAT Returns, Self-Assessment Tax returns, Corporation Tax returns, Tax workings for all types of businesse

Self Assessment Tax Returns

Tax returns are issued shortly after the end of the firscal year which runs from the 6th April to the following year on the 5th April. Tax returns are issued to all those whom HRMC are aware need a return including those who are self employed or company directors.

Mac & Co Accountants have plenty of experience when it comes to completing and reviewing tax returns and will give you total peace of mind that HMRC won’t be chasing you up for further information, or worse still hit you with hard penalties and interest.

With tougher penalties being enforced for the late return of Self-Assessment tax returns means that you need to think about getting your tax return in on time before the penalties start to mount up. We can complete your Self-Assessment Tax Return from just £95.

All that we require from you is to send us the relevant information required in a certain format and we will produce your return for you. We may require further information, following which we will then send you the return to review prior to submission to HMRC.

Book Keeping Services

Qualified Accountants book keeping services are designed not only to ensure that your Accounts are prepared and ready for HMRC but also to help give an overview to the fundamentals of your business to ensure that you are maximising your return on investment expectations.

So whether you may be require our services on a weekly or monthly basis or you may have left your accounts and have suddenly found yourself at year end with no time to put them into order then we are here to help.

From just £150.00, we are able to help with a variety of aspects of your day to day business accounts including your supplier invoices, bank reconciliations, producing customer invoices and preparing your quarterly VAT return.

Confirmation Statement -CS01 (Old Name Company Annual Return)

The Confirmation Statement (formerly known as the Annual Return) is a requirement for every UK registered Company (Ltd, LLP etc) set by Companies House. This needs to be filed with Companies House stating details for Directors, Shareholders, Shares, Capital, SIC Code, Trading activities, Company details and the PSC (People with Significant Control) Register.

You are obligated to file a Confirmation Statement after every 12 months from the date you incorporated (formed) your company.

At Mac & Co Accountants, we start preparing Confirmation Statements for our clients shortly after the anniversary of the incorporation date has passed. This allows us plenty of time to review the draft Confirmation Statement, avoid prosecution, company dissolution and can help to improve credit scoring. Credit score agencies rate companies favourably when Confirmation Statements are filed sooner rather than later, especially for new companies.

It is important to note that missing your filing date can lead to Directors being prosecuted and your company being dissolved.

Our prices start from just £79 to prepare and submit your Confirmation Statement to Companies House.

Company Formations

Are you looking to form a new company but are unsure what to do next. Then simply call us at Mac & Co Accountants.

Today, most UK companies are formed electronically. However, as part of our Company Formation service, we also offer an advisory service. We can have a company formed and ready for business instantly, with all the required paper forms for you fairly promptly. Whatever your requirements, we can tailor our services to your requirements and provide you with an instant fixed fee quotation.

In addition to company formation we are able to assist with:

  • Advising on administration of the company.
  • Setting up of a PAYE scheme for the company.
  • Registering of the company with HMRC for Corporation Tax and VAT purposes.
  • Advising on capitalisation of the company.

Limited Company Accounts Service

When running a successful limited company, rather than wasting your free time dealing with accounting work, put your trust into an accountant that you can rely on to make sure that your operations run as smoothly as possible.

At Mac & Co Accountants we specialise in offering accountancy services to Limited Company Owners. We ensure our clients work in the most tax efficient way possible, taking care of all their accountancy needs leaving them more time to focus their attention on growing their business.

We will manage your limited company tax and accountancy affairs from just £577.50.

As an owner/director of your limited company you will need sound professional advice to ensure the smooth running of your company’s tax and accountancy affairs. Mac & Co Accountants will take care of everything for you.

Our fee will include the following services:

  • Completion of your annual accounts.
  • Submit your accounts to Companies House.
  • Calculate the company’s tax position.
  • Prepare and submit the corporation tax return.
  • Provide you with an analysis to ensure you are running your company in the most tax efficient manner.
  • Prepare and submit the company’s annual return, as required.

Payroll Services

Administering your payroll can be time consuming and can take valuable resources away from the core activities of your business. This task is made more difficult by the growing complexity of taxation and employment legislation and the accompanying penalties applied for non-compliance.

At Mac & Co Accountants, we have dedicated staff who can act on your behalf to carry out these tasks from as little as £25. Our payroll services include:

  • All types of payment and deductions including, but not limited to: hourly wages, salaries, weekly, fortnightly, monthly and annual payments, bonuses, SSP, SMP, Pensions.
  • Administration of incentive schemes, bonuses, and ex-gratia and termination payments.
  • Administration of pension schemes.
  • Completion of statutory forms, including year end returns*, to issue to your employees and submit to the Inland Revenue.

Company Registered Office Service

By law, all ltd companies must have two main addresses: their main trading address and their registered office. The registered office is the one to which all legal documentation, HMRC paperwork and Companies House paperwork is sent.

If you are looking to keep the privacy of a residential address where your company is trading, or are you a non-UK resident looking to set-up a UK company, then Mac & Co Accountants can legitimately provide you with a UK Registered Office for your company to be registered.

Our registered office service starts from just £90 and includes the use of our address as your company’s registered office. We will notify you of all important documentation that is received.

You don’t need to be an existing customer and we won’t tie you into other services.

If you are looking for a registered office service, then give us a call now on 020 8572 9270.

VAT Returns

Most VAT returns are completed on a quarterly basis and have to be filed online. Each returns states the output tax (VAT on sales), input tax (VAT on purchases) and the payment to or from HMRC.

Vat Returns are very complicated set of rules and they need careful interpretation.

Whether you are a sole trader, limited company director, freelancer or self employed and you are registered for VAT, we can help you with your quarterly VAT returns. Using Mac & Co Accountants can save you a lot of time, money and unecessary stress.

From as little as £79, we can file VAT returns on your behalf and advise you of the amount of VAT you need to pay to HMRC and the dates when they need to be paid by. If any refunds are due then will tell you when they are to be refunded.

We can help with all of your tax and accounting needs, from preparing your accounts and tax returns, to cash flow planning, and dealing with VAT.

Get In Touch With Me

It is so important that you choose Modern Digital Tax Accountant for you and for your business and should be a right fit, that’s why not to have a video call to see if we are right for each other.