Every business must prepare tax computations based on their annual activity which must be filed with the tax authorities when Tax Returns are submitted.

These computations can reduce your business’ corporation tax liability and affect the tax relief for all relevant expenses and capital expenditure. They also ensure your business pays the correct amount of tax by excluding any spending which may be disallowed by the tax regulations.

A variety of additional Tax Returns must be completed and filed with HM Revenue Customs & Excise each year in connection with PAYE, Insurance and VAT.

To avoid increasingly heavy fines and penalties, it is essential that your affairs are accurately prepared and filed on time. Ray & Associates can assist your company by:

• Completing and filing business Tax Return

• Preparing and submitting end-of-year payroll Tax Returns

• Intermediating in any disputes with the tax authorities