We invest time in working closely with our clients to understand their business and individual objectives and challenges. We provide bespoke tax solutions to clients in a clear and understandable manner to enable them meet these objectives.
With the Self-Assessment regime widely in operation over all areas of Tax it is essential that all our clients are kept up-to-date with changes in legislation which are likely to affect their business. We believe that proactive communication on the changing tax environment is vital in helping our client succeed in all areas of their business.
Taxes can be a huge burden on any business whether you are a start up entrepreneur or an international corporate group so it is vital to ensure that they are managed in a timely manner. We assist our clients in this process and identify opportunities from a tax perspective that add value to their business decisions.
We have worked with hundreds of individuals across Ireland & UK on their tax returns. 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.
We provide a professional tax return services for:
Whether you're just starting out or have been in business for a long time, we can help you meet your VAT responsibilities.
Needless to say, late VAT registration, errors, late VAT returns and late VAT payments can all lead to penalties and possibly interest being charged. So allowing your TaxAssist Accountant to take care of your VAT affairs, not only gives you peace of mind, but it should also avoid you wasting your hard-earned cash on penalties and interest.
If you're just starting out, we can help you decide whether you need to be VAT registered from the outset or not. As well, we will continue to monitor your situation, so that should it become obligatory for you to register for VAT, we can deal with all of the paperwork for you. We will also let you know if we think you are able to and would benefit from deregistering.
Whether a new or existing business, we will also look at the VAT schemes you are eligible for and establish whether you would be better off adopting one or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.
We will prepare your VAT return; either from your own bookkeeping records or we can take care of your record keeping and the VAT return. And we will try to ensure that you claim as much VAT as possible; particularly on contentious items such as mixed-use expenditure and motor running costs.
As with other areas of tax, we can act as your Agent for VAT purposes and therefore correspond with Revenue on your behalf. Paper VAT returns are pretty scarce now but our software also allows us to file your VAT returns online with Revenue.
The first thing you must do is register your company with the Revenue Commissioners using their official forms, letting them know that you are liable for corporation tax.
If your company is liable for corporation tax, you must calculate how much profit your company makes for each accounting period and how much corporation tax is payable on those profits. This information must be reported to the Revenue Commissioners on a corporation tax return form and accounts and tax computations must be submitted also in support of the return. There are strict penalties for filing late returns and interest is charged on tax paid late, so it is important that the deadlines, which are determined by your company's annual accounting date, are adhered to.
Well, look no further! Our experienced team provides a comprehensive and efficient service to an extensive range of clients varying in size from a sole trader to multinationals. We provide a flexible and tailored accounting, taxation as well as payroll services to suit each client.