£2 500 000+
TAX RECOVERED FOR OUR CLIENTS
WAITING TIME FOR A TAX REFUND
WHO WE ARE
HOW WE CAN HELP YOU:
Our services are selected individually to the needs of the company, on the basis of information provided by our client and individual arrangements. The choice of service is determined by what will be most beneficial for your business. Bookkeeping for self-employed Any person registered as self-employed is required to complete their Self Assessment by 31 January of each year for the tax period from 6 to April 5. After completing online Self Assessment, client receives information how much tax has to be paid and when it should be paid. We send the tax return to HMRC electronically, which shortens the waiting time for a possible tax refund (from 2-4 weeks). In case of security check conducted by HM revenue & Customs, waiting time for a tax refund may be extended.
LTD Tax Return not only involves careful study of revenues and expenditures, but also a thorough analysis of; -the balance sheet, -the company’s debt, -value of inventory, -assets and liabilities. LTD Company has the responsibility to submit financial reports in (Companies House). Such reports must be prepared in the suitable format and according to the law.
At The CHATAX (UK) Limited we complete VAT returns on behalf of our clients for a low cost monthly fee from as little as £50 . We send out regular reminders to ensure that our clients are never late with their returns. We offer assistance with the paperwork associated with the VAT registration procedure. Accounting for VAT is made quarterly.
PAYROLL One of the primary responsibilities of the employer is to make wages payments on time. The employer is OBLIGED to account for the proper charge and discharge of taxes and insurance premiums, the issuing of P60, P45 All you need to do is call us or send us mail, with the income earned by the employee, and we will send you payslips together with a summary explaining how much tax must be paid to the tax office. When the employee leaves the job, we will produce P45 and P60 for the ending fiscal year. CIS According to the rules of the CIS (Construction Industry Scheme) contractors are required to pay tax for subcontractors (sub-contractors) at 20% or 30 rate. As a “contractor”, you are required to submit monthly reports to the 19th day of each month. Even if you are one day late, HM Revenue & Customs will charge you the penalty of £ 100. Our fees are very competitive and depend on the number of employees and payout frequency (weekly / monthly); £ 25 per month (for 4 people)
You will need to submit a self-assessment tax return to HMRC giving details of your rental income, even if you do not make a profit. You can claim for a number of allowable expenses such as accountants, letting agency fees and mortgage interest payments. Seek advice from our letting accountant to ensure you claim all your allowances. Chatax (UK) Limited has launched a fixed fee landlord accounting service designed for residential landlords starting at just £150 for landlords with one property. Landlords with two properties can take advantage of our comprehensive accountancy service starting at £250. This includes the preparation of rental accounts and the related Self Assessment Tax Return. For landlords with three or more properties we will provide you with a fixed fee quote. Please note that we do not charge VAT on top of our fees.
On the market
Our company is on the market since 2007, and has expanded in 2016 as a limited liability company under the new name Chatax (UK) Limited
Chatax (UK) Limited provides bookkeeping and perform all the HR and payroll services to individuals and commercial companies
We are certified to provide accounting services (granted by the AAT, license numbers 1000173) as well as we are the authorized agent of HMRC.
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Tel: 020 8422 4499
Mob: 079 8327 1437
49 Oldfields Circus,
Northolt, London UB5 4RR
Monday & Thursday: 10:30 – 16:30
Tuesday, Wednesday, Friday: 10:30 – 18:30
Saturday: 10:00 – 15:00