TaxAssist Accountants can do more for you, your business and your family. Our local and personal services go way beyond tax and accounting to provide businesses and individuals with expert advice, all from under one roof.
Our accountants provide bespoke, jargon free, professional advice to help you fulfil your ambitions and also save you time and money.
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10 customer reviews
Harold
Shumail is a pleasure to work with. As well as being thoroughly professional she is also friendly & supportive. I have been a Tax Assist client for over 20 years & have always found their services valuable & efficient.
Aleksandar
Professional, responsible and reliable accounting service. The team is amazing and always ready to go an extra mile. Best recommendation.
Dott
We had an excellent experience. Consultant are very kind, available and professional.
Augusto
Wanted to express my gratitude to Shumail Zehra and all at Tax Assist for the past professional help and the wish that it will continue in the future. Wish them all success .
Sinatra
I had a wonderful experience with tax assist today. Very friendly and warm reception and the advisor was very helpful. Very good service.
Sybil
Great and prompt service for many years now. Also very responsive to our communications. Thanks to Shumail for all her help and guidance.
Serene
Wanted to extend my sincere appreciation to the accounting Firm especially Jhansi whom I have been dealing with the most for consistently providing exceptional services. Your attention to detail, professionalism, and expertise have truly made a significant difference. It's reassuring to work with a team that not only meets but exceeds expectations. Thank you for your dedication and the outstanding support you continue to provide. Particularly in providing consultation on ad hoc basis with responsive reply which is key to all. More...
Sam
I cannot express enough gratitude for the outstanding accounting services provided by Mr Jamie, From assisting with my company's financial records to handling my self-assessment returns, Mr Jamie] has been an invaluable resource for all my accounting needs. Their expertise extends from offering advice and preparing financial documents to forecasting for the future, ensuring that my business is set up for continued success. With Mr Jamie by my side, I feel confident and empowered to make informed decisions. Moreover, Mr Jamie has been exceptionally Friend and patient in dealing with my special needs related to ADHD. Their understanding and support have been instrumental in helping me manage my tasks. Thank you, Mr Jamie. More...
Bassel
I have been with TaxAssist for more 10 years. The team is super helpful and always there when I need them, excellent service and details provided. The are all friendly, professional experts, who are always on hand at every step in the journey. Ms Shumail Zehra is always there to answer questions and provide prompt assistance. Thank you so much. More...
Kimberely
TaxAssist Holborn have provided me with a comprehensive, cost effective, professional service for a number of years now. They take the time to ensure you understand the accounts and other arising issues, providing a good customer service at all times. More...
Corporation Tax
Our Corporation Tax Service is designed to offer you proactive advice and tax planning opportunities, with an efficient approach to help you to meet your company’s compliance needs.
Tax compliance with expert Corporation Tax Services
Every limited company that is based in the UK is subject to Corporation Tax on their profits. Limited companies that are non-UK based can still be expected to pay Corporation Tax.
Using an experienced local accountant for your tax compliance needs means you can feel confident your business is in safe hands.
Our Corporation Tax solutions
We offer a proactive service to ensure that your company tax return is correct and your company is paying the right amount of Corporation Tax. Ensuring your business is claiming tax reliefs and expenses where they are allowable, helps to minimise your Corporation Tax liability.
Why choose our Corporation Tax Service?
From setting up your business tax account to Corporation Tax payment reminders, we handle it all:
Register with HMRC: We can complete the paperwork to ensure your business is registered for Corporation Tax with HMRC.
Calculate your profits: Having prepared your company accounts, we use our experience and tax knowledge to prepare your company tax return and calculate the Corporation Tax payable.
Proactive advice: As well as ensuring you meet your compliance requirements, we offer proactive tax advice, including tax planning opportunities to ensure you’re paying the right amount of tax.
Corporation Tax payment reminders: We communicate to you your business’ Corporation Tax liability, ensuring you know when this needs to be paid to ensure you don’t get any late payment penalties.
Competitive pricing and flexible services: We tailor our services to your requirements and offer fixed fees to avoid any hidden charges.
More time for you: Reclaim hours for business development or personal relaxation.
Business Accounts
Year-end accounts will form the basis of your self-assessment tax return or company tax return and provide a valuable insight into your business’ finances.
Financial insight and reporting with expert Business Accounting services
Having your business accounts prepared by a professional means they will meet accounting standards and gives you time to focus on other aspects of your business.
Our Business Accounting solution
Taking your bookkeeping data, we prepare accurate business accounts to not only meet your compliance requirements, but also provide you with the essential financial data you need to run an effective and successful business.
Why choose our Business Accounting service?
Our expert team will prepare accurate and correct accounts to give you all that you need when it comes to your self-assessment tax return, company tax return, business decisions and investment needs. We handle it all:
Preparation of accounts in line with accounting standards: our accountants ensure your accounts are correct and are prepared in accordance with accounting standards. Our proactive team will also check that you are claiming everything you are entitled to so you pay the correct amount of tax.
Valuable decision making tool: your accounts will give you the right insight into your business’ financial performance so you can see:
if the margin on your sales prices is set appropriately
how the latest performance compares to last year
movements in sales and expenses year on year
anomalies that should be investigated.
Required evidence: Banks may request to see a set of accounts for self-employed applicants looking to raise finance or apply for a mortgage. Our accounts will meet those expectations and give you all you need to help your business thrive.
Meet account filing deadlines: Our team will help you to meet your deadlines and encourage you to give yourself and your accountant plenty of time. You should look to prepare sole traders and partnership accounts well ahead of the tax return deadline of 31st January. Companies typically have nine months from their year end to complete their accounts which must be filed with Companies House.
Competitive pricing: Our accounts packages are tailored to your business’ requirements. We offer fixed fees and open discussions to avoid any hidden charges.
Tax Planning
Our business tax planning service is designed to offer you an experienced and effective approach to managing your business’ tax liability.
In today’s dynamic financial landscape, businesses face the challenge of complying with complex tax laws and regulations. Using our comprehensive tax planning service can help ensure your business is paying the correct amount of tax and not a penny more.
Strategic business tax planning tailored for you
Business tax planning helps you to effectively manage your tax obligations and make educated business decisions.
Our experienced and professional accountants provide uniquely designed tax planning solutions to meet the needs of your business. Our experts are up to date with the latest tax changes, offering relevant tax planning advice to minimise your tax liabilities.
Our business tax planning service
Successful business tax planning can make a huge difference to your profits, tax liability and the growth of your business. Our knowledgeable advisors will We work with you and your business to find tax saving opportunities relevant to your circumstances.
What are business tax planning strategies?
Examples of business tax planning include:
Use of capital allowances: Ensuring you claim eligible capital allowances will reduce your tax liability.
R&D relief: For eligible businesses, Research and Development (R&D) relief is invaluable as it offers a high level of tax relief.
Review profit extraction: Different types of income can attract different tax rates, planning how you pay yourself is important.
Consider the most tax-efficient structure for your business: Considering the difference between business structures such as sole trader and limited company is an important discussion when it comes to tax planning.
Expenses: Maximising business expenses will reduce your taxable profits. We can help you make sure you’re including all you should be to maximise your tax savings.
Bookkeeping
Our bookkeeping services are designed to offer you an accurate, seamless and efficient approach to managing your business’ finances.
Financial management with expert bookkeeping services
Handling all aspects of your business single-handedly might seem cost-effective, however using a local bookkeeper can unlock substantial long-term savings.
Our Bookkeeping solutions
We don't just manage your books - we empower you with the latest secure online software and apps, including QuickBooks, Xero and Dext, to streamline your financial management and boost overall operational efficiency.
Why choose our digital bookkeeping service?
From setting up your bookkeeping system to regular management of your accounts, we handle it all:
Efficient record-keeping: Remove manual record keeping and enjoy a seamless process for storing your financial records, via our simple yet powerful apps.
Easy access to your financial data: Gain instant access to valuable financial data and leverage our insights for smarter decision-making, strategic planning and growth.
Regular management accounts: We help you to accurately manage your finances, your customer and supplier account balances, stock levels and, if you are trading as a company, plan your dividends.
Guidance on record keeping and tax claims: Our experts support you to maximise your financial benefits and ensure full compliance.
Competitive pricing and flexible services: We tailor our services to your requirements and offer fixed fees to avoid any hidden charges.
More time for you: Reclaim hours for business development or personal relaxation.
VAT Returns
Our VAT services are ideal for new businesses and those that have been running for a long time. We can help you meet your VAT liabilities, giving you back the time to focus on your business operations.
Our VAT return solution
If you're just starting out, we can help you decide whether you should be VAT registered from the outset. We will continue to monitor your situation, so that should it become necessary for you to register for VAT we can deal with the registration for you.
We will also monitor your position for when we think you are able to and would benefit from deregistering for VAT.
Why choose our VAT return service?
Our VAT return service offers you the complete package for your business:
VAT schemes: we can advise if you are eligible for any VAT schemes and establish whether you would be better off adopting one or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.
VAT savings: we will ensure that your VAT claim is correct, particularly ensuring that you claim as much input VAT as you’re entitled to and only pay as much VAT as required.
VAT agent: we can act as your Agent for VAT and correspond with HM Revenue & Customs (HMRC) on your behalf and submit VAT returns for you.
Meet HMRC deadlines: our experienced team will ensure your VAT returns are filed on time and ensure you are advised of any liabilities in good time.
Peace of mind: late VAT registration, errors, late VAT returns and late VAT payments can all lead to penalties and interest. Allowing us to take care of your VAT affairs gives you peace of mind.
Competitive pricing and flexible services: We tailor our services to your business and offer fixed fees to avoid any hidden charges.
More time for you: Use the time you will save and invest it in your business to make it even more successful.
Self-Assessment Tax Returns
Don't leave your self-assessment tax return to chance. Contact TaxAssist Accountants today for expert tax return preparation services. Our team is ready to assist you in achieving peace of mind and maximising your tax savings.
Our Self-assessment Tax Return services
Tax return preparation: Using HM Revenue & Customs-approved software, we meticulously complete your self-assessment tax return, ensuring every detail is accurate.
Accurate tax calculation: We calculate your tax liability, providing you with a clear understanding of what you owe, why and when.
Payment reminders: We liaise with you regarding the amounts to be paid and their due dates, helping you stay on top of your tax obligations.
Additional benefits
Tax Savings: As part of our service, we analyse your self-assessment tax return records to identify potential tax savings, ensuring you are paying the correct amount of tax.
Anomaly review: We review your return for any anomalies, addressing them before submission to prevent future issues.
Fixed, competitive pricing: Our transparent pricing provides you with a fixed, competitive rate, without any hidden surprises.
Why choose TaxAssist Accountants?
Our expert team at TaxAssist Accountants is dedicated to helping you meet your obligations. Making sure you submit your tax return on time is important and we can help you get your tax affairs in order sooner rather than later. By getting your self-assessment tax return prepared earlier you can benefit from:
Receiving tax refunds sooner
More time to arrange how to pay your tax liability
Less risk of late filing penalties and late payment interest
Less stress in dealing with last minute tax returns
Paying your tax through your PAYE tax code (where possible)
