Posts made in February, 2021

A Guide to Working with a Tax Accountant, Banstead 

Posted By Albino Alameda on Feb 25, 2021

Running a company involves considerable tax responsibilities. The United Kingdom has an approach to taxation with strict consequences for failing to meet tax requirements in the UK which can incur hefty penalties. As a business owner it is your responsibility to comply with these rules and regulations, which can feel stressful as the rules are often changing. For many this can be especially challenging which is why you need to work with a professional who can take the stress and burden away. Hiring a professional tax accountant is surely the best approach to take.

British tax accountants have years of experience within this field and obtaining higher education qualifications to attain the necessary qualifications, reliable knowledge of tax legislation and policy. Who better to guide your company on tax and tax responsibilities? Hire a professional accountant to assist your business with this area of financial management, and you don’t need to fret about filing according to legislation and meeting the relevant deadlines. Furthermore, you can free up your staff to cover other responsibilities. This is a great way to improve the overall efficiency of your team and your company and helps you ensure that you avoid any penalties or fines for improper tax management.

Given how vital taxes are, it’s important that you work with a truly competent, professional tax accountant in Banstead. David Beckman & Co. Ltd. has a team of passionate, dedicated staff nearby. The team can assist you with any and every aspect of your corporate tax responsibilities in the United Kingdom. Outsource the management of your business’ taxation, and you and your team can focus on operating the other areas of your company. Tax is not to be taken lightly, even if it seems complex or confusing. By hiring a professional accountant, you can take the stress and guesswork out of tax time and make your team much more efficient and productive simultaneously. Ultimately this could also save you money moving forward.

Need SEISS? Try Tax Accountants, Cobham

Posted By Albino Alameda on Feb 24, 2021

The British Government’s response to the COVID-19 pandemic has resulted in considerable changes to the British economy. Not only has the way that many businesses operate been altered fundamentally, but the economy has suffered tremendous damage due to lockdown and social distancing measures. The Chancellor’s decision to support the self-employed has produced a number of schemes for financial aid, the latest of which is the third version of the SEISS scheme. Interpreting and successfully applying for coverage under the scheme may be tricky, though. If you need SEISS coverage as a self-employed person, you may want to consider working with a tax accountant in Cobham.

Consulting with a tax accountant in Cobham is one of the best ways to ensure that you put together a strong SEISS claim. It’s not enough for your operations to have been impacted by social distancing measures or lockdown, for example. You must also be able to demonstrate a continued intention to trade and be able to reasonably forecast that your operations are impacted on an ongoing basis by COVID-19. The SEISS also has tax implications and interpreting these may be challenging in the face of constantly changing legislation and guidelines.

This is why working with a tax accountant in Cobham is so important if you need assistance under the SEISS. One agency based in Cobham with a great team of tax accountants is David Beckman & Co. Ltd. The agency’s accountancy team has already helped clients make successful claims under previous iterations of the SEISS. In addition, the firm’s accountants come from a wide range of backgrounds and are experienced in working with the self-employed, as well as understanding relevant financial legislation in connection with self-employment. If your operations have been hit hard by COVID-19, don’t wait. Make the strongest claim under the SEISS that you can and get the support that you need.