TAXASSIST Hemel Hempstead/Gerrards Cross/Berkhamsted/Chesham
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TaxAssist Accountants are an accountancy firm who can provide you with tax, accounting, bookkeeping and payroll services to suit your business needs. Our offices are located in Chesham, Hemel Hempstead and Berkhamsted. We are part of an award-winning national network of accountants who collectively service over 77,000 business clients across 375 offices.
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2 customer reviews
Dr Yianni Doumenis, MD Quantimetrica
As a small business, TaxAssist Hemel has been the perfect find for all of our accounting needs and business advice from set up and support through several years.
Amit and his team place customer satisfaction at the top of their agenda and backed up with all of the knowledge you could ever need to know for starting or running a business. No matter what the question, TaxAssist Accountants always have the answers to the extent of anticipating our needs before you even know you have them. We cannot recommend the friendly service and tone highly enough. The team are always happy to help and understand that by investing their time towards our business.
Dr. Yianni Doumenis
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Dr Yianni Doumenis, MD Quantimetrica
As a small business, TaxAssist Chesham has been the perfect find for all of our accounting needs and business advice from set up and support through several years.
Amit and his team place customer satisfaction at the top of their agenda and backed up with all of the knowledge you could ever need to know for starting or running a business. No matter what the question, TaxAssist Accountants always have the answers to the extent of anticipating our needs before you even know you have them. We cannot recommend the friendly service and tone highly enough. The team are always happy to help and understand that by investing their time towards our business.
Dr Yianni Doumenis
More...
What kind of accounting services do you provide?
Year End Accounts
Self Assessment Tax Returns
Bookkeeping
Dext, formerly Receipt Bank
VAT Returns
Direct Debits
Payroll
Share Plans And Incentives
Tax Savings
Corporation Tax
Cash Flow Management
R and D Tax Credits
Estate and Life Planning
QuickBooks
Legal Services
Tax Investigations
Business Rescue and Recovery
Business Insights
Making Tax Digital
Business Valuations, Sales and Acquisitions
Business Plans
Employment Law
Independent Financial Services
Debt Recovery
SEIS and EIS
Xero
Capital Gains Tax
Making Pensions Simple
Business Banking and Funding
Can you provide your services online or remotely? If so, please add details.
We provide a face to face or online 30 minutes free consultation.
Year End Accounts
For sole traders and partnerships, year end accounts will form the basis of the business owners’ self assessment tax return.
For a partnership, the year end accounts will also state the balance on each partner’s current account. For owner-managed limited companies, the limited company accounts will house details of the directors’ salaries and the dividends paid to shareholders, which will need to tally with their self assessment tax return.
The year end accounts provide invaluable information about your business. You can see if the margin on your sales prices is set appropriately and how the latest performance compares to last year. Movements in sales and expenses are laid bare, allowing you to make better decisions in the future. Anomalies are highlighted and can then be investigated. Having year end accounts brings you closer to your business and will help drive success.
Banks will also prefer to see a set of accounts for self employed applicants looking to raise finance or apply for a mortgage.
Self Assessment Tax Returns
The most common reasons that a tax return may be required are as follows:
You are self employed or a partner in a partnership
You are a company director
You have large amounts of savings or investment income
You have untaxed savings or investment income
You own land or property that is being let
Your household receives Child Benefit and you have income in excess of £50,000
You have income from overseas
You have sold or given an asset away (such as a holiday home or some shares)
You’ve lived or worked abroad or aren’t domiciled in the UK
The staff at HM Revenue & Customs are not tasked to advise you on how to organise your affairs and minimise your tax. Therefore, if you want to make sure you are paying the right amount of tax, you should consult a professional.
At TaxAssist Accountants we use HM Revenue & Customs-approved software to:
Complete your tax return
Calculate your tax liability
File the return online
Liaise with you on the amounts to be paid and when they are due
As part of the above service, we can analyse your self assessment tax return to see if any tax savings can be made and we can also review the form to see if there are any anomalies that need to be addressed before the return is submitted.
This process helps to minimise your risk of a HM Revenue and Customs inquiry into your tax affairs. If you are experiencing cash flow problems, we can explore the possibilities of deferring your tax payments or negotiating a payment plan with HM Revenue and Customs on your behalf.
By giving you a fixed, competitive price, we can take the worry away when it comes to self assessment tax returns; allowing you to concentrate on running your business.
Bookkeeping
It may feel like you can save money by doing everything in your business yourself, however using a local bookkeeper can actually save you more money and time in the long run. These savings come from a reduced level of risk of human error, years of experience working with many other clients, no missed payments to HMRC or missed tax deadlines. Add to this the benefits of tax planning and business reporting you'll see that choosing a local bookkeeper is one of the best decisions you can make.
At TaxAssist Accountants, we provide you with a range of bookkeeping services which include using the latest cloud software and apps, removing manual record keeping tasks and improving your overall efficiency.
We can set you up on a secure, cloud-based system that makes keeping on top of your bookkeeping much easier.
You can benefit from:
Simple to use apps
Real-time, valuable insight into your business
Smoother process for storing your records
More control over your numbers
Better commercial decisions
Greater foresight to grow your business
Time back for you either in the business or at home
We will explain what records are required and what you can claim for. With our digital bookkeeping solutions including QuickBooks and Xero, all you need to do is simply send us your paperwork through smartphone apps such as Receipt Bank, via email, via post, or visit one of our shops to deliver your records to us.
We will then record all of your business’s transactions and give you 24/7 access. We can also prepare regular management accounts to help you manage your finances, your customer and supplier account balances, stock levels and if you are trading as a company, we will allow you to plan your dividends.
Capital Gains Tax
Preparation and submission of capital gains tax returns
