Corporate and business tax accountants

Does sorting your business’ corporation tax return fill you will worry and dread? Smith & Brown can simplify the process so you don’t have to deal with HMRC, never miss a deadline and always pay the correct amount in tax.

With corporation tax rates and reliefs constantly changing, it’s important to make the most of all the exemptions, and allowances deductions available for your business’ tax return. As a business owner, it’s your responsibility to ensure strict compliance with your business tax obligations. That’s why it can be a huge weight off your shoulders if you choose a reliable accountant that’ll support you in getting it right.

What is corporation tax?

If you’re a small business, limited company or partnership, then you are legally required to complete a tax return to declare your business income to HMRC and claim any tax allowances. This process is called a company tax return or a corporation tax return.

A corporation tax return is based on the profit or loss a business has made, and any expenses or allowances claimed to calculate their corporation tax bill. Your corporation tax return takes the profit or loss you have made to work out how much you owe HMRC in corporation tax.

Completing a corporation tax return can be complicated, that is why most small businesses turn to a business tax accountant to give them a helping hand in ensuring everything is correct and accurate. Filing a corporation tax return that is either incomplete or late can result in hefty fines, so it’s vital that you provide all required information and meet your company’s annual accounting date deadline. Using an accountant helps business owners to avoid these costly mistakes!

When is the deadline to file a company tax return?

Companies are usually required to file a business tax return 12 months after the end of their accounting period. This period is set by HMRC, who will inform you of your deadline.

Why you should use an accountant to handle your business tax?

As a small business owner, it can be stressful and time consuming to keep on top of tax returns, as well as trying to run your company. If you make any mistakes or forget to include all the correct information, it can be costly for your business.
Filing a tax return incorrectly or after your deadline can result in you facing increasing penalties from HMRC. That’s why it’s best to seek the help of a business tax accountant, who’ll help manage everything for you, leaving you time to focus on the everyday running of your company.

Business Tax Account Services from Smith & Brown

At Smith & Brown, we’ll complete your business tax return for you, so you can focus on running your business. If you let us handle your bookkeeping too, you won’t even have to provide us with any additional information!

Your submission will be handled by one of our chartered tax advisers, who will help you in making significant savings in the amount of tax you’ll have to pay in that year. For a fixed fee, we can arrange a meeting with you, or a series of meetings, to discuss this tax-planning aspect of our service.

Over time, we’ll strive to develop a close relationship with you so that we can help you to manage and anticipate your annual tax bill, to forecast and budget for it, and to arrange your finances to ensure that you are only paying the tax that you really owe. Our fees for this service are fixed annually; there aren’t any hidden surprises!
Some of the features of our business tax account service include:

  • Company tax return completed by a chartered tax adviser
  • Online filing
  • A quick turnaround
  • Fully compliant
  • Capital allowances calculated
  • Gains on assets
  • Directors loans
  • Tax relief

Why choose our small business tax accounting services?

Years of quality expertise

Not only have Smith & Brown handled accounts and provided direction for hundreds of diverse businesses, we also have a background in business and understand what it takes to set up and grow a successful enterprise. Our qualifications and decades of experience mean that we understand the world of business and accounting. Whether it’s strategic analysis or the subtleties of taxation planning for unincorporated companies, we’ve got it covered.
If you need specialist advice, we can provide it for you through our extensive network of contacts in your industry. What you’ll find different about Smith & Brown is our commitment to understanding your needs and working with you to help you achieve your goals.

Smart growth

Our partners have a proven track record as entrepreneurs. Over the past twelve years we’ve developed a process-driven approach, which helps small business owners with the daily challenge of getting out from inside their business and staying on top of it. Our ‘smart growth’ uses the latest in data collection and processing technology to put you firmly in control of your business. We’ll help you find scalability and develop the confidence and vision you need to drive your businesses further.

Client relationships

At Smith & Brown we realise that running a small business can be demanding and time consuming. Above all else, we’re committed to understanding the ins and outs of your business and designing an accounting service that’s especially for you. We build lasting relationships with our clients that work.

Our small business accounting services are flexible, accessible and unlimited. Whatever you need, whatever level of service you require, we already have a bounty of clients who are just like you. Diligence and integrity are at the heart of everything we do. Regardless of how you utilise our accounting and business tax services, rest assured that we’ll ensure full compliance and honesty at every stage.

Our accounting services

We offer a bespoke fixed fee service for small businesses of all shapes and sizes. Besides bookkeeping, we also offer the following services:

Annual accounts

We can handle your small business’ annual accounts for you, meeting the submission deadline on your behalf, giving you the peace of mind that your submission will be complete and correct.

Xero Cloud Accounting

This service gives you access to a huge range of real-time data about your business 24 hours a day. Cloud based accounting software gives you, your finance team and your accountant, access to the same data simultaneously without having to send it to each other by email or physical methods.

PAYE & payroll services

We offer a completely comprehensive Payroll service through our own sophisticated cloud-based software. Using this system, you can easily handle all your payroll requirements, as well as maintain a full HR database.

Business startup & company formation

We offer a comprehensive company formation service which goes beyond simply completing the paperwork on your behalf. We can offer you a free consultation or a series of discussions around the issues of incorporation, the risks and responsibilities involved, all with an eye for you, your goals and aspirations.

Corporate & business tax accountants

Does sorting your business’ corporation tax return fill you will worry and dread? Smith & Brown can simplify the process, so you don’t have to deal with HMRC, never miss a deadline and always pay the correct amount in tax.

R&D tax advisors

We can handle your claim for R&D tax relief from start to finish, whilst making sure it’s as smooth, hassle-free and cost-effective as possible. Rest assured that our team of R&D tax advisors are here to help make sure your claim is accurate and effective.

Personal tax accountant

We can handle your personal tax return no matter what state your bookkeeping is in! We’ll provide a flexible service to you that lets you give us the information we need in any way you like and takes away the hassle of sorting your finances completely.

Contact Us

If you have any comments or questions about your small business’ accounts or finances, Smith & Brown are here to help. Whether you simply want some advice, or to arrange a meeting with us face to face, get in touch. We look forward to hearing from you!

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