We handle all types of accounting, both personal and corporate, from a simple tax return to more complex cross border accounts.
UK Company Accounts
Every business, whether it’s a sole trader, partnership, or a limited company, has to prepare accounts annually.
For sole traders and partnerships the accounts will form the basis of their self-assessment tax returns. Limited companies must prepare their accounts in a statutory format and then file them with Companies House, at the latest ten months after their ‘year-end’.
Regardless of the type of business, we have two objectives when preparing accounts for our clients:
- to ensure they comply with all statutory regulations
- identify potential areas for minimising the tax liability
In today’s global market, we understand the importance of cross border accounting. You have one professional accountant covering all accounting and tax affairs across Europe, Russia, the US and the Far East.
Severin Finance works closely with associated partners in the US, Canada, Western Europe and Switzerland to enable our international clients implement tax-efficient structures and mitigate the impact of double taxation.
Tier 1 Entrepreneur Visa
There are a number of Tier 1 Visa options available, including an Entrepreneur Visa and Investor Visa. Each have different qualifying criteria from investing into a UK business to investing into the UK economy. But, it’s not just about the investment.
When relocating to the UK you will need to abide by HMRC’s tax system. We supply you with your own dedicated Chartered or Certified Accountant to ensure you comply with the UK’s necessary rules and regulations for both personal and company tax.
Working with specialists at AAG, we are able to provide a holistic approach to accompany you and your family through the process. We are by your side from start to finish, and beyond.
Companies are liable to corporation tax, we ensure that your corporation tax returns are submitted to HMRC on time so that you are not subject to any penalties.
If you are self-employed, the Director of a limited company, or you have received an income which has not already been taxed, you will need to complete a self-assessment tax return. If your return is not submitted on time or is incorrect you may incur a penalty. We correspond as your agent with HMRC so that you don’t have to worry.
Effective tax planning, tailored specifically to your circumstances is vital whether you are an individual or a business. We provide professional advice on all allowances and deductions you are legally entitled to claim, as a result minimising your tax bill.