Brisan Accountancy Ltd

Introduction:  tax returns and fillings are one of the prime concerns for every business and individual. Taxes are levied on all forms of business or economic activities on several criteria. And taxes are vital to securing several things.  Main Types of Tax Accounting Services with Accountants in Maidstone Clarity Accounting Services (a). Corporation Tax A corporation tax or corporate tax is a direct tax levied on all the net income or profit of a corporate entity from their business, foreign or domestic. The tax rate is decided according to the provisions of the income tax act of 1961 of the UK, known as the corporate tax rate.  Corporation tax is paid by all limited companies that have business offices in the UK. Incorporated associations are also eligible to pay the tax.  (b). VAT (Value Added Tax)  In the UK, VAT came into force in 1973 by replacing the Purchase Tax. VAT is the third-largest source of government revenue collection following income...

Beginning:  in any business undertaking, there are serious financial implications involved. And finances sit at the heart of business success and growth. Without proper handling and accounting of finances, most businesses collapse and fail. And that’s how accountants for traders become relevant and critical. Businesses can streamline their success and growth paths with a range of financial accounting services and products. These financial services and products have various formats or levels of delivering value and quality to the business in pursuit of financial integrity and prudence. With clarity, insight, and challenge accounting service levels, businesses get amazing benefits. So, what are some of the benefits that accountants for sole traders bring to businesses?  Key Accounting Service Level Benefits for Businesses  Clarity  (a standard accounting and reporting service level with several benefits and accounting exposures) (a). Standard ratio reports (gross a...