VAT and corporation tax for small and medium-sized businesses

Value Added Tax

corporation tax and VAT The penalties for failing to comply with the VAT laws can be harsh. Yet ensuring that your business complies with the frequently changing tax laws is difficult. Small and medium sized businesses are particularly at risk of falling into VAT traps. And if your VAT inspector finds errors on a routine visit he will make return trips more frequently. Another time-consuming burden you could do without. And you can! Commercial Angles can reduce your risks of non-compliance and reduce the cost of penalties and surcharges quickly and cheaply. Our services can be tailored to your own requirements. Whether you just want a routine check on the appropriate treatment of an expense for VAT purposes or whether you want someone to complete and submit all your quarterly VAT forms just contact Commercial Angles.

Corporation Tax

corporation tax This is another burden on small and medium-sized businesses. Analysing allowable and disallowable expenses is difficult. And HMIT will apply penalties and surcharges if you are late submitting computations or underpay the correct amount of tax. If your business in UK is registered and if Commercial Angles supply an accounting service to you, we are able to prepare draft corporation tax computations for your approval and to submit these to the Inland Revenue on your behalf. As your agent we can also discuss with the Inland Revenue various questions raised by the tax inspector about your computations. Another time- and cost- saving service from Commercial Angles.