TAX
Corporation Tax
You need your accounts and tax return to meet deadlines for filing with HM Revenue and Customs (HMRC). When you are running a business, corporation tax can often create a significant issue.
Under the requirements of MTD your business will be required to keep accounting records electronically (either using suitable software or on spreadsheet) and file quarterly returns to HMRC with details of income and expenditure together with any other information that HMRC specifies.
Let BP Infinity help you optimise and work out how much corporation tax to pay and submit company tax return
Self Assessment
You need your personal tax return to meet deadlines for filing with HM Revenue and Customs (HMRC). When you are running a small business, self assessment can often create a significant issue.
Under the requirements of MTD for ITSA, individuals who are subject to income tax on the profits of their trade, profession, vocation or property business will be required to keep their accounting records electronically (either using suitable software or on spreadsheet) and file quarterly returns to HMRC with details of their income and expenditure together with any other information that HMRC specifies.
Let BP Infinity help you optimise and work out how much Tax to pay and submit tax return
VAT
When you are running a business, VAT can often create a significant issue. VAT is complex, it is easy to make a mistake without realising, and HMRC VAT inspectors have a reputation for being severe.
Making Tax Digital (MTD) means you are no longer able to keep and submit manual VAT records and returns. Instead, HMRC will only accept VAT returns sent using software
Let BP Infinity help you work out how much VAT to pay and submit VAT return