Opening Hours
Monday - Friday
9:00am - 5.30pm
CHARTERED
ACCOUNTANTS FOR
Corporation Tax advice
IN LONDON
Are you looking for an corporation tax advice from qualified accountants in London?
At Majestic Accountants Ltd, Our team can provide you with corporation tax advice, to help reduce your corporation tax liability.Corporation Tax is a tax payable by companies who are resident in UK. However, some non-UK based companies may still be liable to pay corporation tax too.
How does Corporation tax work?
Companies must register within three months of starting their business with HM Revenue and Custom (HMRC) to avoid any penalties. When registering your company with HMRC, you will be required to inform HMRC about your company’s registeration number, the you started to do business, the date your annual accounts are made up to, etc.
Once you are registered with HMRC, you need to pay corporation tax on taxable total profits (TTP) arising in relevant accounting period (AP). These profits are calculated after going through allowable and non allowable expenses computations.
Corporation tax return CT600 is filed 12 months after end of period of accounts, but tax due date is nine months and one day after end of accounting period (unless large companies who pay in intallments).
The process is complicated for small and medium size companies in connection with calculation and tax planning. That’s where our accountants offer their professional services to take care of begining to end process.
Our London accountants providing tax planning and tax investigation for Corporation Tax
Corporation tax involves complexities such as using correct rates and allowances, capital allowance, Annual Investment Allowance and Research and development (R&D) expenditure figure calculations etc. On the other hand you may face a tax investigation due to any irregularies, inaccuracies in accounts or even HMRC’s random pick ups. In order to deal with these situations, our experienced qualified accountants in london will support you by;
- Dealing with HMRC as your authorised agents
- Liasing with HMRC on tax investigation settlements
- Try to minimise any penalties while complying with HMRC rules
Accounting Services
Company Formation and Startup
Choosing the right legal structure and registering the company can be tricky.
Our professional accountants can advise you and form a limited company for you. Please click here for our detailed services.
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PAYE
Accurate calculations and tax planning for Payroll services can bring a significant positive impact on your business cash flow. Our team of professional accountants proudly provide excellent payroll services and free up your time of extensive reporting to HMRC.
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Accounting and Bookkeeping
Depending on the size and nature of the business, our experts recommend the right software to you.
We usually use Quick books, Xero and Freeagent as our bookkeeping software(cloud-based system).
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Tax returns
Our qualified specialist tax advisors provide their advice and services considering personal and individual circumstances when it comes to self-assessment.
We support our clients by minimizing their tax liability wherever possible in personal tax return calculation.
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Management Accounts
We offer to produce management accounts on a monthly or quarterly basis. Which means you will get to review your key performance indicators KPIs more regularly. Your dedicated account manager will also be able to talk you through the numbers.
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Registered Office Address
This is a legal requirement for all companies to make their registered address publicly available.
Companies regularly receive their most important correspondence such as companies house letters, HMRC notifications and letters etc.
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VAT
We specialize in providing VAT (Value Added Tax) services for small to medium-size businesses through Making Tax Digital (MTD) compliance. Our qualified team of accountants help businesses submitting their VAT returns under the standard rate, flat rate, MOSS, Marginal and other schemes.
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TAX Investigation
Tax investigation letter may seem very straight forward in the first instance from HMRC, but it can bring further complications and surprises if not adequately handled. Our Tax investigation experts will provide you with specialist advice and take all the burden of dealing with HMRC inspectors.
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What do our customer say about us
Copy to clipboardEXCELLENT15 reviews on
Tukiya Mutupa2021-01-20I have had a really positive experience using Majestic Chartered Accountants. I would recommend working with this firm.
Christopher Wootton2021-01-20I was highly recommended to use these accountants and they did not fail. Excellent company and Rochelle did an amazing job at short notice. I now highly recommend them.
drewross69692020-07-15I have been using Majestic for 7 years and the service they provide is first rate and stress free , never had a problem , I highly recommend Majestic to anyone,
Ubaldo Dias2020-06-08We been using Majestic accountants ever since We started our beauty business -Sunita’s beauty. They were highly recommended and are excellent at their work. Rochelle explains things clearly and she’s incredibly knowledgeable & quick. Not to forget the boss Mr. Jamshaid who is a thorough professional. We highly recommend Majestic accountants.
Fiaz Hussain2020-01-09They are very professional and have helped me to grow my business with theirs valuable advice.
Grant Venner2019-12-04Very good. Attentive, quick, good value and a seamless transition to digital submission.
Our Prices
Sole Traders/Self assessment
From £25/month
We offer tax planning, bookkeeping, VAT, Payroll, Capital Gain Tax and pension calculations to finalise your personal tax returns.
For more information click here.
Small Business
We provide accounting and tax advisory services with fees that is highly competitive. We offer bookkeeping, VAT, Payroll, software, Registered office address, tax investigation and tax advisory.
For more information click here.
Contact us
Schedule a telephone call
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Why choose us
Our professional qualified team is registered with Institute of Chartered Accountants in England and Wales , Association of Taxation Technicians and Association of chartered Certified Accountants .
No two businesses are alike; therefore, we ensure that we tailor and customise our approach to suite your business accounting and tax advisory requirements.
You need a dedicated accountants to answer any accounting or tax related questions or even tax planning questions to avoid any costly mistakes.
Our team of professional accountants will be there for you via phone or emails.
We are partnered with famous accounting softwares QBs and Xero and others. this means more transparency and accuracy in accounts.
Unlike many other accounting firms, we offer fixed term prices to our clients in line with their accounting needs.
You will be provided full access to your accounts on completion of work. Our friendly team of accountants will always be available to answer your queries.
London Office Location
Located in the heart of London in Covent Garden. We are within walking distance to Covent
Garden underground tube station and mainline train station.
Office:
Ground Floor 90 Long Acre Covent Garden London WC2E 9RZ.
Telephone:
Company Number: 08092433, VAT Number: 254365793, Registerd in England & Wales
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