Pro Tax Accountant
YOUR ONLINE TAX ACCOUNTANT
Whatever your needs, we can help you. Pro Tax Accountant is a Leicester accounting firm that provides accounting, tax and business advisory and support services to a wide variety of companies and individuals. Tax Accountant in Leicester we offer an affordable, high-quality solution to meet all of your financial needs. We work hard to get to know you so that we can provide you with timely and individual advice on how to improve your business and personal wealth.
For more information on how we can help you and your business, you cannot contact us for an overview of our services. For more information about us, visit our service pages. To access a wealth of information, visit our Resource Center or view our free fact sheets. We are a team of highly qualified and experienced tax advisers based in Leicester who can draw on our vast experience in the industry and we are happy to assist you with any tax issues you may face.
Whether you've received a tax investigation notice from the HMRC or need advice on obtaining tax relief for your work-related expenses, our team of tax advisers in Leicester will be happy to assist you. We can help you make the most of your profits and avoid costly mistakes in the most convenient way possible. Our in-depth knowledge of UK tax law covers everything from property taxes to trust funds and we are here to help individual and corporate clients with whatever tax issues they may face. When you need a trusted tax advisor in Leicester, you can count on us to help you navigate the complex tax system.
Though we do have an affiliate office in Leicester, this office is not meant for public dealing. Therefore, all our accounting services in Leicester, are provided online. So you don't need to visit us to get our services. Just contact us through any of the following ways, to let us know your requirement and we will make sure that you will get the most professional tax consultancy/accounting services which can serve your purpose in the best possible way.
Our Tax Accounting Services in Leicester
Why Choose Us !
We have 16 years of experience of handling tax accounting
All our accounting and tax accounting services are available online
We have a team of professional accountants and tax advisors
We offer all accounting and tax advisory services at the most affordable prices
Pro Tax Accountant is considered to be an expert for tax accounting
We don't make clients, we make friends who can rely on us like real friends
Our clients trust us 100% with their confidential matters
We always keep ourselves updated with the most recent tax developments
Frequently Asked Questions About Tax Accountant
What Does A Tax Accountant Do in the UK?
Tax Accountants help their clients, companies or individuals, to ensure that they comply with their legal tax and bookkeeping obligations. The functions of tax advisors include tax planning activities, as well as ensuring compliance with legal regulations and compliance with corporate governance procedures. In day-to-day business, this may include completing and filing income tax returns, explaining tax laws to high net worth clients, or ensuring there are strategies in place for proposed legislative changes. Tax regulations are not only complex, they are constantly evolving.
How Much Does a Tax Advisor Cost in the UK?
The charges of a tax accountant varies from service to service. If you are an entrepreneur or self-employed the fees can range from £ 100 to £ 1500 per month and will cover managing your accounts, submitting your VAT forms, self-assessment forms, accounting, payroll, declarations the end of the year, and for a sole trader fees can range from £ 50 to £ 1300 per month and will cover the same services listed above for entrepreneurs. The more services you require, the more you have to pay. For a single service, you may be charged per hour.
Do I Need An Accountant To Do My Tax Return UK?
You don't need an accountant to complete your tax return, but it's important to understand what you're getting into if you don't. Tax returns can be complex, and without professional advice, it is all too easy to make mistakes that result in underpayment or even overpayment of your tax liability, or missing the due dates or not attaching the required documentation etc. All this can cause you fines. Therefore, hiring an accountant to do your tax return is a good option.
Is It Worth Using a Tax Accountant?
Yes, if you think you need a little help filing your taxes correctly, a tax accountant would be a better option. As well as making sure that you file your tax returns correctly, a tax accountant can advise you on what you can and cannot claim your tax exemptions/over paid taxes. Moreover the tax regulations are always dynamics – new one taking place and the old ones being amended. How many of us can keep themselves updated with all these changes all the time. It is the a part of the job of a tax accountant to keep himself updated with all the developments in the taxation system and make sure that his clients’ taxes are paid in accordance with these changes.
Do Accountants Save you Money on Taxes?
By helping you with everything from day-to-day bookkeeping to developing a business plan, your accountant can not only help you cut weird costs here and there, but also make long-term adjustments that will save you money. This also saves you a lot of precious time which you can use in your business and make profit out of it. After all time is money! Speak to our accountant at Pro Tax Accountant today and see how they can take your business to the next level.
How Long Does it Take an Accountant to Do a Tax Return in the UK?
This is a very common question! It usually takes between 5 days and 8 weeks, depending on a number of factors, including the system involved (for example, via PAYE or self-assessment or corporate tax etc.), whether you have applied online or in paper, and whether or not HMRC performs security checks during the process. So depending upon your situation, it is a good idea to ask your accountant to start doing your taxes well advance the due date.
What Do I Need to Prepare for Tax Accountant?
If you're going to be meeting with your tax accountant to discuss your tax return, don't go empty-handed. Preparing for this meeting is not only wise, it saves you and your accountant a lot of time and effort. Always start with last year's tax return. You must have your personal data, your tax file number, your sources of income, your tax deductions, deductions and other relevant information previously claimed and your bank accounts record. You should also have a brief record of your / your company’s assets and any increase in these assets over the past financial year.
Do Accountants Need Receipts?
If your accountant doesn't have receipts, you may have to make assumptions and / or some expenses could be completely ignored, which may increasing your tax bill. Your accountant will need the petty cash balance at the end of the year. Therefore these records are essential. If your accountant manages your payroll, he will need a printed copy of the payroll for each month so that he can verify that all salary amounts and other taxes. Similarly all business expenses claimed should be backed up by proper receipts.
How Long Should I Keep My Income Tax Records?
You must keep your records for at least 22 months after the end of the tax year for which the tax return is applicable. For example, if you file your 2021-2022 tax return online before January 31, 2022, keep your records at least until the end of January 2024.
Can HMRC Check My Bank Account?
Yes, if the HMRC is investigating a taxpayer, it has the power to issue a "third party notice" to request information from banks and other financial institutions. They can also issue these opinions to a taxpayer's attorneys, accountants, and real estate agents. However, this does not mean that the tax authorities can issue these opinions at their discretion. The HMRC must not only prove that the information is "reasonably required", but that the taxpayer or a tax court must give its approval.
How Can I Get the Services of Pro Tax Accountant in Leicester?
Well, due to the pandemic, we are working on the contact-less services of tax accounting. We are offering all of our services online in Leicester. You can choose any of the five ways to contact us online, described below.