Our corporate tax accountants can aid in the filing of corporate reports, corporation tax payment, and tax assessments
Looking for Corporation Tax Services and Tax Consultancy? Our Professional Corporate Tax Accountants are happy to assist you in any way that we can.
Corporation tax return is also known as company tax return. All limited companies need to pay corporation tax. The rate of corporation tax is currently set at 19%. A company must submit its corporation tax return (CT600) and pay corporation tax if your company has chargeable profits. However, in case your company has not gained any profit, you will still need to submit the return. Your company shall be assessed on the profits made before the accounting period which is considered as the taxable period.
You submit your statutory accounts with Companies House while the corporation tax with HMRC. The deadlines for submitting your accounts with Companies House are as follows:
It is imperative for your company to submit the corporation tax returns as failure to do so will result in penalties after the due date. Companies are required to submit their tax returns annually from the accounting period. The current penalties for late submission are as follows:
For smaller companies, the corporation tax is payable in nine months and one day. Other requirements that your company needs to comply with are as follows:
We are one of the growing corporate tax accountants providing corporation tax services exclusively.
Naseems Accountants has over forty years’ worth of experience in helping its clients. We can help you in submitting corporation taxes, confirmation statements, company house accounts and refunds. We understand that you may have a busy schedule due to your business therefore we will come to your aide in order to mainstream your financial matters.
How do we operate? We determine risk areas, establish strategies that minimize financial statements and exposures to tax compliance. Our consumer and employees appreciate the reputation for expertise, performance, attention to detail and outstanding service.
Our corporate tax accountants can aid in the filing of corporate reports, corporation tax statements, and tax assessments, and they can even counsel you and your organization in any tax planning issues.
This will support you with structuring your wage plan with compliance with the law so that you can profit from the full salary after taxation.
There is no legal requirement for companies to use an accountant but there are many benefits to using one, such as completing your annual accounts and company tax return.
Tax registrations for new companies should be taken care of by an accountant, so you don’t have to worry about them.
It's possible to file your own company's corporate tax return yourself if you have expertise in tax returns otherwise you can hire an accountant to prepare and file it for you.
The responsibilities of a tax adviser are to ensure that his or her client meets all tax obligations by providing advice on all aspects of tax, preparing and submitting tax returns, tax computations and any other necessary forms. Alternatively, they may work in consultancy, advising clients on how to minimise their tax liabilities.
Our process is fairly straightforward. We utilize approaches that are ideally tailored to your business sector’s performance requirements.
Do you have questions about your corporation tax? Are you looking for professional corporation tax services? We are happy to assist you in any way that we can.
A corporation tax expert will talk to you about your needs. We are happy to serve as your corporate tax accountant.
Next, you need to say “YES.” We can provide a fixed quote, so that you only pay for the level of services that you require.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
Naseems Accountants provide professional tax consultancy and accounting services to small, medium and large businesses in Birmingham, as well as the rest of United Kingdom.
If you’re already running your own limited company, one of the key advantages is the flexibility in how you take income. But doing it right takes planning.
Many associates start as sole traders, but once income grows, it may be worth considering a limited company structure. Incorporating can open up new tax planning opportunities, but it’s not always the right move.
If you decide to go limited, we’ll handle the entire setup and make the transition as smooth as possible, with no disruption to your work or income.
As a self employed associate, filing your own Self-assessment is a legal requirement, but many leave it too late or miss out on valuable deductions.
You’ll receive reminders, clear explanations, and full support, so your tax return is one less thing to worry about.
Claiming the right expenses can lower your tax bill substantially, but it’s also one of the areas HMRC looks at closely, so accuracy matters. Many dental associates underclaim and pay more tax than they should, or overclaim and risk penalties.
We’ll guide you on what’s allowed and what’s not. Some examples are:
We make sure your records are clean and that your claims are correct.
Once your dental practice is operating through a limited company, one of the most important financial decisions you’ll face is how to extract your profits. The right balance between salary and dividends can significantly reduce your tax bill, but it must be handled correctly.
Paying yourself too much salary can trigger higher national insurance costs, while taking excessive dividends without proper planning may lead to unexpected tax bills or impact mortgage and financial assessments.
VAT is one of the most misunderstood areas for dental practice owners. While most NHS treatments are VAT exempt, many private and cosmetic services, like teeth whitening or facial aesthetics, can fall under the standard rated category.
This mix of exempt and taxable income creates what’s known as a “partial exemption” scenario, meaning you may not be able to reclaim all of your VAT on expenses. And that’s where many practices unknowingly get caught out.
As specialist dental accountants, we help you identify and claim every allowable expense, such as:
Claiming correctly not only lowers your tax bill but it also improves the financial clarity of your practice. We make sure nothing is missed.
Understanding which expenses are tax-deductible can make a real difference to your tax liability.
