The UK happens to carry one of the largest tax codes in the world and you could be paying too much tax! To help minimise the amount of payable tax but still comply with the HMRC requirements, you would need the services of an expert to handle your personal income tax affairs.
Be tax Ready!
Here at Kanad Cloud, you can rest assured that your taxes are done right and on time. Our integrated tax planner makes it easier for you to stay on top of your deadline.Self-Assessment Tax Return:
You are required to prepare annual self-assessment tax return by the HMRC if you are categorised under any of these:
Self-employed or partner in a partnership
Company’s director
Individuals with large amount of money or investment income
Individuals with complicated tax affair including those who pay higher tax rate
Letting land or property you own
Overseas Income
Trustees and personal representatives
Pensioner with more complicated tax affairs
Annual Accounts and Corporation tax (CT 600)
Company directors are faced with the legal responsibilities to prepare accounts and calculate corporation tax. This is challenging for owner managed businesses as they must prepare tax returns in an efficient and timely manner. But here at Kanad Cloud, we not only focus on the numbers, but also frequently review your data and accounts, design strategies and guidelines on how to implement the strategies.
VAT Registration, Preparation and Submission (Quarterly)
New businesses often feel intimidated by the VAT regulation and processes as regular deadlines must be met otherwise heavy fines are imposed and a fair amount of paperwork must be organised and completed. VAT is a complicated tax for many companies and about 50% of applications are rejected or delayed each year due to mistakes and errors on their form. You must register your business for VAT with HMRC if its taxable turnover is more than £85,000. Here at Kanad Cloud, registering your VAT through us has a couple of advantages:
We are HMRC authorised agent
VAT online registration service and assistance
Can be set up in 24hours
We offer simplified registration form
After a successful registration, you’ll be sent a VAT registration certificate which confirms:
Your VAT numbers
Your ‘effective date of registration’ - this depends on the date you went over the threshold, or is the date you asked to register if it was voluntary when to submit your first VAT Return and payment
