TAXATION & REGULATION

Navigating Complex Taxation for Financial Success

We extend our expertise to assist UK clients in seamless tax filing, leveraging our in-depth knowledge of international tax regulations. We navigate complex cross-border tax challenges, ensuring accurate and timely submissions while optimizing tax liabilities for its UK clientele. Through meticulous analysis and personalized guidance, we strengthen financial compliance and foster trust between India and the UK. 

• Self-Assessment Tax Return (SA100): Individuals, self-employed individuals, and company directors submit self-assessment tax returns to report their income, gains, and deductions for income tax purposes.

• Corporation Tax Return (CT600): Limited companies must file a corporation tax return to report their taxable profits, deductions, and tax liabilities.

• Trust and Estate Self-Assessment Tax Return (SA900): Trustees of UK resident trusts and estates that have a tax liability must complete and file a Trust and Estate Self-Assessment Tax Return (SA900) with HM Revenue & Customs (HMRC). This return includes details of the trust's income, gains, deductions, and tax calculations. 

• Partnership Tax Return (SA800): The Partnership Tax Return includes details about the partnership's income, expenses, and any other relevant financial information. It also includes a breakdown of each partner's share of the partnership's profits or losses. 

• VAT Registration and Reporting: Businesses registered for VAT submit regular VAT returns to report their VAT collected from customers and paid to suppliers.

• Employment Regulations: Proper handling of employee payroll, including PAYE tax deductions and National Insurance contributions. Adhering to employment laws, including employee rights, contracts, and workplace pensions. 

• Company Accounts: Preparing and submitting annual statutory accounts in compliance with the Companies Act and relevant accounting standards (e.g., FRS 102). 

• HMRC Requirements: Ensuring compliance with HMRC regulations, including timely submission of tax returns, VAT returns, and other required documents. 

• Inheritance Tax Return: Executors of estates and individuals responsible for paying inheritance tax submit an inheritance tax return to HMRC.