PAYE, NI and VAT Returns
Tax returns are required by HM Revenue & Customs for establishing the tax liability of comapnies, partnerships and individuals.
We prepare the periodical VAT Returns and calculate the net VAT due for many of our VAT registered clients.
We are happy to assist any such taxpayer in resolving and correcting PAYE coding errors, and in claiming repayment of any tax overpaid as a result.
The contributions component of the system consists of mandatory contributions, National Insurance Contributions (NICs), paid by employees and employers on earnings, and by employers on certain benefits-in-kind provided to employees. The self-employed contribute based upon net earnings. Individuals may also make voluntary contributions, in order to to fill a gap in their contributions record.
