Your business one stop shop
Tax impacts all of us in all our business and private activities. Tax is seldom black and white and there will frequently be a range of options for every decision relating to tax. To ensure that you see the full picture and understand all the issues to allow you to make the right decision just ask us and we will explain it to you in simple English.
The range of services that we provide goes beyond the preparation and presentation of financial information. We are able to become actively involved in your business, so as to assist you in achieving your goals.
One of the key objectives in accounts preparation is to identify areas where we can assist in minimising your tax liability. We take the time to explain your accounts clearly to you so that you understand what is going on financially within your business, helping you to plan for the future. Every business has a statutory obligation to produce accounts annually for the relevant authorities, typically HM Revenue & Customs and Companies House.
By law, every charity must prepare a set of accounts. Registered charities must prepare a Trustees’ Annual Report, a set of accounts, and an Annual Return. The aim of accounts and reports is to provide a clear picture of your charity’s activities and financial position. The Trustees’ Annual Report is also an opportunity to describe your work to the public and to funding bodies.
KiQi Chartered Accountants incoporating Rashid Accountants is a Chartered Accountants Firm offering Accountancy, Advice and Consultations. We offer Business Taxation, Personal Taxation, Corporate, MTD VAT services. Book Keeping, VAT completions and Computerised Accountancy systems Installations & Training. If you would like a free consultation to discuss your needs then please contact us. We have client all over the UK.
Assistance in completing your self-assessment return and submitting it in-time online to avoid interest and penalties. Expert advice on all tax matters, including corporation tax, capital gains tax, PAYE and national insurance
Business plans, Starup advice.
Registered to carry on Independent Examination
Expert advice on all VAT & PAYE matters, Workplace pension and compliance
Making Tax Digital for VAT VAT-registered businesses with a taxable turnover above the VAT threshold (£85,000) are now required to follow the Making Tax Digital rules by keeping digital records and using software to submit their VAT returns. If you are below the VAT threshold you can voluntarily join the Making Tax Digital service now. Read more about Making Tax Digital Dates to look for[…]
Personal Self Assessment filing date has been extended and you will not be charged a late filing penalty if submitted by 28 February You can delay filing your return to avoid late filing penalty but you may still need to pay any tax owed by 31 January midnight as this deadline hasn’t been extended. Interest Read more about 2019/2020 Self Assessment filing date extended to 28 Feb 2021[…]
Click on the link below, select the tax you want to pay Self Assessment VAT Corporation Tax Employers’ PAYE and National Insurance Stamp Duty Land Tax Income tax owed Customs Declaration Service https://www.tax.service.gov.uk/pay source: https://www.tax.service.gov.uk/pay
Use form SA1 if you need to register but you’re not self-employed. For example, if you: become a company director receive income from land and property in the UK have taxable foreign income of more than £300 a year receive yearly income from a trust or settlement sell shares, property or other assets liable to Read more about Registering for Self Assessment and getting a tax return[…]
New National COVID Restrictions have been introduced from Tuesday 5 January. There will be three schemes in operation as listed below. One-off grant of up to £9000. The Local Restrictions Support Grant (LRSG) for Closed Businesses – for businesses that are required to be closed. Discretionary Grant – for businesses which do not meet the criteria for the Local Read more about One-off top-ups New grants for businesses during the national lockdown[…]