“See what Otax can bring to your enterprise”
Here at OTAX Ltd we pride ourselves on our professional and friendly service.
We tailor our service to suit your individual or business needs. From sole trader to established businesses, we can provide the accountancy solutions to ensure your tax affairs are handled smoothly and professionally.
Self-Assessment and Corporation Tax, Payroll and VAT services, we do it all. Our staff have many years of experience in handling all manner of business and company tax requirements. Give us a call or pop into our office for a friendly, no obligation chat…no appointment necessary.
Sole Traders & Partnerships
Full support to help your business run smoothly…
Venturing out into the world of self-employment can seem like a daunting task! Whether you’re looking to work for yourself or are already running your own business, our professional team can support you when it comes to managing your tax requirements.
With decades worth of combined experience, our staff can assist you with full support and advice on everything from starting your own business and maintaining accounts, to keeping your business running smoothly and minimising your tax payments.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Support and assistance with administration, including registering as a Sole Trader or Partnership.
- Preparation and submission of Year End accounts.
- Assistance and advice on Record Keeping.
- Full support for HMRC Inspections.
- Assistance with Government Surveys.
Limited Companies
Advice to avoid the pitfalls and stresses…
Owning a Limited Company can provide security and bring tax incentives for you. However, it comes with additional filing requirements and more complex rules which need to be followed. Our team can provide you with a full range of services and support if you choose to take your business to ‘Ltd’ status or if you’ve already started your own company.
We can ensure that you stay up to date with all your tax obligations and give you professional advice to help you avoid all of the stresses and pitfalls when managing your accounts. If you are unsure about whether a Limited Company is right for your business or, if you need help with negotiating the maze of legislation, then please speak with us.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Full administrative support, including formation of your company.
- Preparation and submission of Annual Accounts.
- Completion and filing of Corporation Tax Returns.
- Dormant Accounts filing.
- Filing of your annual Confirmation Statement.
- Advice and assistance on Liquidation and Strike Off procedures.
- Support for purchase and sale of business or business assets.
- Support for HMRC Inspections and Investigations.
VAT (Value Added Tax)
Guiding you through the maze of HMRC legislation…
VAT can be the most dreaded of all taxes. What seems simple in principle can quickly become overwhelming due to the complex minefield of differing rules that must be followed. Our team are here to help you avoid the hassle.
With substantial experience in a wide range of business types and the varying rules that apply, our team can guide you through the maze of HMRC legislation and take all of the stress out of filing your VAT returns. We will keep you up to date with all of your obligations and suggest advice on how to better manage your VAT debt to help you keep your business on track.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Full administrative support from first registration to deregistration.
- Full analysis and submission of your Quarterly VAT Returns.
- Help and advice on paying your VAT due.
- Advice on Government schemes to better manage your VAT liability.
- Support during VAT inspections.
- Full making Tax Digital Compliance.
Payroll Services
Help to effectively manage your payroll…
Maintaining payroll is a key component of any successful or growing business. After all, happy staff are productive staff. Nothing makes your staff happier than payday!
Effectively managing your payroll duties can be confusing, especially with the various government schemes available along with complicated legislation and requirements to navigate. Our professional team are highly experienced and can ensure that all of your payroll needs are met, taking the stress out of managing your commitments to both HMRC and more importantly, your staff.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Full support on setting up your Payroll services with HMRC.
- Advice and assistance on establishing and maintaining Pension Schemes.
- Preparation of weekly or monthly payroll submissions, including PAYE and National Insurance contributions.
- Full payslip, P45 and P60 production.
- Support and advice on Holiday, Maternity and Sick Pay.
- Attachment of Earnings Orders.
- Support for HMRC Inspections and Investigations.
Construction Industry Scheme (CIS)
Keeping you right with your CIS obligations…
It can be difficult to understand what is happening and what is required of you when it comes to CIS Tax. This is where our team can step in and assist you. As our staff are well versed in this area, we can offer full support and assistance to keep you right with your CIS obligations. We can help you understand when you have CIS tax deducted or, when you must pay it on behalf of someone else. We can also help you to keep track of what money you are owed by HMRC and ensure that you do not have to pay more tax than necessary.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Advice and assistance on setting up and registering for CIS Schemes.
- Submission of CIS suffered/deducted.
- Requesting CIS refunds from HMRC.
- Resolving CIS queries and differences.
Self-Assessment
Support and advice for your yearend taxes…
End of year taxes are something that nobody looks forward to! However, with the help of our team we can keep you right and make sure you are paying the correct amount of tax. We have extensive experience and can offer a wide range of services when it comes to end of year taxes and offer support and advice to help you minimise your tax payments and manage your obligations.
TYPICAL SERVICES WE CAN PROVIDE INCLUDE…
- Full administrative support including registering Sole Traders and Partnerships.
- Preparation and submission of Year End and Partial Period Returns.
- Support for Requesting SA-302’s and Tax Overviews.
- Support and assistance with Inspections and Appeals.
- Support for Tax Credit Requirements.
- Calculating and submitting Capital Gains Tax information.
Address
Otax Accountancy & Taxation Services Ltd
39 St Mark’s Road
Millfield
Sunderland
SR4 7EF
Opening Hours
Contact Us
Registered in England & Wales. Company Number: 04693266
VAT Registration No: 814382830
All work undertaken by OTAX Ltd is completed without conducting an audit and are in accordance as such.