Corporation Tax

At Certax we can advise on all aspects of corporation tax and corporation tax planning. Here is an introduction, but contact us for more advice.

Up Until 31 March 2015 there were two rates of corporation tax. From 1 April 2015 the main rate and the small profits rate have been unified and is currently set at 19%.

Self-assessment

Certax can help taxpayers with self assessment tax returns – here is an overview of the self assessment system…
It is a fundamental part of the self assessment system that responsibility lies with you, the taxpayer, to file Returns and pay the right amount of tax, at the right time – you must not wait for HM Revenue & Customs (HMRC) to ask.

PAYE

At Certax we can assist employers with administering PAYE. Here is an overview…
When you engage someone to do work for you, you have to decide whether or not to apply the PAYE rules. It is up to you to get it right or suffer the consequences.
In certain areas, HM Revenue & Customs (HMRC) have placed emphasis on reclassifying individuals claiming to be self employed. They have published two leaflets (ES/FS1 Employed or self-employed for tax and National Insurance contributions and ES/FS2 Are your workers employed or self-employed for tax and National Insurance contributions), which set out a series of questions to test the particular circumstances of any working relationship.

VAT

If you’re looking for VAT advice, Certax can help. This article provides an introduction to VAT and highlights a range of basic VAT planning options. What is VAT? VAT is a tax chargeable on taxable supplies made in the UK by taxable persons. Credit is given for tax paid to other businesses and the net balance is payable or reclaimable – normally on a quarterly basis.