952 Eastern Avenue, Ilford, Essex, IG2 7JD

 

info@cosmoaccountancy.co.uk

0208 597 8797

TAXATION SERVICES AT COSMO

TAXATION

STARTUP SERVICES

A

B

C

D

BUSINESS STARTUP

Starting a new business is an exciting and rewarding venture, yet putting the financial building blocks in place can be a daunting process

BOOKKEEPING SERVICES

Your book keeping can be completed weekly, monthly or even yearly, which ever is more convenient to the needs of your business

PAYROLL SERVICES

Administering payroll can be a time-consuming and complicated process, and with the new regime of online filing and late payment penalties

VAT  SERVICES

Value Added Tax (VAT) is a complex area for any business and getting it right is crucial.

EXPERT IN DIFFERENT ACCOUNTING PACKAGES:

CORPORATION TAX

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments. We can also file your company’s corporation tax return. All our returns are filed online ensuring the all the required information is ixbrl complaint. The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate ax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.

 

SECRETARIAL SERVICES

We are here to assist you in preparing your Self-Assessment Tax Return, as well as advising on the latest tax changes. With tax laws and rates changing all the time, it is imperative that tax planning is considered early for high earners and anyone considering disposing of assets. We are just a phone call away… Our full personal tax service includes : • Calculation of your tax liability and due dates for payment • Preparation and filing of your self assessment tax return • Advice on minimising your tax • Claims for refund of overpaid tax • Capital Gains tax advice and planning • Property Rental Income accounts and advice • Inheritance tax advice and planning • Pension tax relief advice • Foreign income and resident status advice

 

VAT SERVICES

Value Added Tax (VAT) is a complex area for any business and getting it right is crucial. Either as part of our book keeping or management accounts service, or on its own, outsourcing VAT returns is an easy way to reduce the compliance burden. Initially, we will run through a detailed VAT questionnaire to determine which areas of VAT affect the business. We will then collate monthly, quarterly or annual VAT information, so that each VAT returns are completed accurately and on time. In addition, we are also able to assist clients with VAT inspections and any other queries that may be raised. The benefits of this service are: Timely preparation of VAT returns ensuring on-time submission to HMRC. Expert advice on suitable VAT schemes and regular updates on relevant VAT issues. Assistance with business VAT, registration and online VAT submission, as well as VAT health checks.

 

 

 

 

 

 

 

Copyright ©2016 Cosmo Accountancy Ltd. All rights reserved | Registered in England & Wales Company Number: 06762021