TAPE provide accounting services to small businesses such as ‘Limited Companies’ and ‘Sole Traders’ which includes preparation of annual accounts, periodic management accounts and VAT records as well as associated returns and performance analysis.
Using our management accounts services will not only lift the administrative burden from your shoulders but also significantly reduce your costs and free up management time that can be spent more productively in other areas of the business. TAPE provide an experienced and personable service throughout the United Kingdom.
Here are just a few of the ways in which TAPE can help you:
· Corporation Tax Returns
· Companies House Returns
· Full Financial Statements
· Management Accounts
· VAT Returns
TAPE also complete ‘Self-Assessment’ for clients which involves completing a tax return each year. You will have to show your income and capital gains (profits on the sale of certain assets) and claim tax allowances or reliefs on your tax return. You need to complete a tax return if you have more complicated tax affairs, even if you already pay tax through your tax code. If your income is over £50,000 and you or your partner is receiving Child Benefit, then you will need to complete a self-assessment tax return.
There are certain circumstances in which you will always need to complete a tax return – for example if you’re:
· Have additional income
· Receive foreign income
· A Company Director