UK Tax Agent

Using us as your UK Tax Agent, we will represent your UK company and deal with H M Revenue & Customs with regards your corporation taxation and VAT filings.

We will have continuous internet access to all details about your account with the tax authorities for all the taxes you pay, and we will deal with your company tax correspondence with the H M Revenue & Customs.

  • The HMRC will then correspond with us regarding all of the taxation affairs of your company
  • Deal with all initial forms received from H M Revenue & Customs upon incorporation
  • We will then be able to register you for any taxes you need to pay

Taxes for which a UK Tax Agent can assist

  • Corporation Tax
  • VAT and import and export of goods
  • Taxes withheld for employees (Social Security and Advanced Income Tax (PAYE))
  • Payments through the Constructor's Industry Scheme

UK Company Corporation Tax Requirements

A UK company must file a notice of its existence to the H M Revenue & Customs within 3 months of incorporation, and must file with the HMRC a Corporation Tax Return no later than 12 months after its year end. Should either of these dates be missed then penalties and interest become payable.

  • We will assist and submit your company annual Corporation Tax return
  • Organise collection and payment of the corporation tax
  • Obtain CTA09/S18 exemption for the company - if appropriate – if some Corporation Tax is due in accordance with rules of other countries

Registering for VAT

The simplicity and cost of UK companies make them very attractive, however, getting a VAT number for general European business is more difficult.

Having a Tax Agent is usually a persuasive factor in allowing a company to obtain VAT registration. The HMRC require evidence of trading or, that there is the intention to do business in the future. Factors that can be persuasive in your UK company obtaining a VAT number:

  • Suppliers in the UK
  • Customers in the UK
  • Having a UK bank account
  • Rental of premises
  • Storage or manufacture of goods in the UK
  • Employment of UK staff
  • Appointment of a UK Tax Agent
  • Appointment of a UK resident Company Secretary or a Company Director

VAT Returns

VAT returns have to be filed every quarter and the VAT paid 30 days later. In addition, a return needs to be filed about sales to other countries in the EU; the periods for which are likely to be different to the VAT return periods

A UK Tax Agent and registering for VAT

There are two very common situations which we can assist with:

  • Where a company needs to register and to collect VAT in the UK
  • Where a company wants to register for VAT in the UK, because they have a British company for European business

Where a company needs to register for VAT

All companies which are trading in the UK, and which do not have resident directors have to register for VAT in the UK.

We may need to advise you, as not collecting VAT, when you need to, is a criminal offence.

If you are in this situation, you need a UK tax agent, as you will need advice on applying, and support as you are trading.

Obtaining the EORI number for import and export from outside the European Union

Your company will need an EORI number to import and export goods from and to the European Union. The number is usually obtained in the UK when the company is incorporated there; even if the company has a connection with another European country.

Payroll taxes and the UK Tax Agent

If you are going to employ; we can assist with

  • Getting the company registered for payroll taxes
  • Do all monthly payroll work which means completing and submitting payroll information
  • Paying liabilities on a monthly basis, and managing your account with the tax authorities
  • Drafting standard labour contracts

The payment of non-resident directors, liabilities and the UK tax agent

In the UK, a director is considered an employee of the company- therefore many companies that are trading or are for managing assets will have to register for payroll taxes and collect the deductions from salaries.

You will almost certainly need a UK tax agent, so that we can assist in ensuring that you do comply with the law, and make sure that minimum UK tax is paid. If the director is largely non-resident; advanced income tax may need to be deducted, but national insurance may not be payable. If you incorporated a UK company and wish the company to be taxable, or resident in the UK for some purposes, you need our advice and our tax agent service.

Payments through the Construction Industry Scheme

If you are a company doing work on a construction; you will have to register for the “Construction Industry Scheme”. The contractor will pay you, after withholding some income tax. You will need our help when this happens as:

  • you may be eligible to be paid gross, without deduction for tax
  • you may also have an obligation to collect income taxes off a sub-contractor; in which case we will need to register the sub-contractor and do monthly returns on your behalf

As tax agents we will do this.