What is business taxation?
There are a multitude of taxes that apply to business. We recommend booking a free consultation to discuss what taxes will apply to your organisation.
Well known business taxes include:
- Company Tax Returns
- Corporation Tax
- VAT
- Capital Gains Tax
- Income Tax
- PAYE
Depending on how the company is formed or whether it is a charity or social enterprise there could be taxation exemptions.
Equally, there may be distinct taxes applicable such as games duties and gambling taxes.
Logging business taxation forms part of your regular bookkeeping activity, monthly financial accounting records and end of year reporting.
It may seem like a lot but once you know what’s needed a good accountant will do the rest.
Business taxation support when you need it
Key Accountancy Services specialise in working with small business accounts across Staffordshire.
Every organisation is different as are the owners of the business – and the people working in the company.
As a family-run business, we understand the pressures of a start-up and the complexities of growing a business and providing a safe, secure environment for those who work within it. Services for business taxation include:
- Annual accounts and tax returns
- Bookkeeping services
- VAT
- Payroll and PAYE
Understanding the reasons for being in business, planning for the future and having contingencies in place for a smooth operation is critical – as is great communication.
Having a trusting and open relationship with a professional accountant and tax expert can be the difference between a successful business and a failing entity.
We know which side of the fence our clients sit.
[FAQ] How do I check what’s required for business taxation?
Whether you operate a small business, are a recent start-up or a sole trader we can help.
During an initial free consultation, ideally face-to-face so we can understand exactly how you operate, we can determine a fixed fee agreement to managing your business taxation needs.
“Let the experts manage your accounting responsibilities so you can manage your business responsibilities!”
“It’s been a major learning curve from running a commercial business to now using a funding model. We constantly ask questions but Key Accountancy Services are always there to answer us – the service is so personal that it feels like we are their only client.”
For no-nonsense accountancy support and advice, contact the Key Accountancy Services team today on 01782 405442 or send a message.