Our Services

Annual Accounts

For every business it is essential to prepare an annual set of accounts. We will prepare a full set of accounts for owners review. The accounts will be filed to HMRC by us on your behalf upon approvals.

Bookkeeping

We also offer a full bookkeeping service. It can be done either traditional way (hard copies) or electronic way. It is as simple as take a photo of a receipts and we will do the rest. Management accounts and Cashflows are available where required.

Corporation Tax

Every limited company is required to file a Corporation Tax return (CT600). This return details the amount of tax due to HMRC on the profits made by said company.

VAT

If your business generates more than £90,000 annual taxable revenue , it will be necessary to register for VAT. We can assist you in completing VAT returns accurately and submit them to HMRC on your behalf.

Payroll

Employers have a legal obligation to report PAYE information to HMRC in real time (RTI). We offer payroll services using HMRC-recognised software to ensure your and your employees' payment details are submitted to HMRC.

Business and Personal Tax Planning

CIS

Business registration

In the UK, various business structures exist, each carrying distinct tax and liability implications for owners and shareholders. We will help you decide the most suitable structure for your business.

We possess extensive knowledge and strong connections in the field of taxation. If your business is seeking assistance in implementing tax planning strategies and reducing tax liabilities, we are here to help. Please don't hesitate to reach out to us to initiate a discussion.

Self Assessment

In the UK, all contractors are required to register for the Construction Industry Scheme (CIS), while subcontractors are not obligated to register. We can guide you through the registration process, and handling CIS returns on your behalf.

In certain circumstances, such as being self-employed, a company director, a trustee, or receiving foreign income, you may need to complete a self-assessment tax return. We can provide the guidance and support to ensure compliance with HMRC regulations.

Pre-arrival Tax Planning

UK tax can be significant, it is crucial to plan ahead. We can help you understand the tax implications, optimize tax efficiency, mitigate tax risks and preserve wealth and plan for the future.

We are here to help

Click below, tell us about your business and we’ll be in touch to give you expert accounting advice.

Tika Accountancy Limited, Chartered Accountant

info@tika.uk
+44 (0)75 6319 3944