With over 30 years of experience in dealing with a variety of businesses including traders, manufacturers, IT contractors, buy-to-let property investors, professional service providers and many more in Glasgow and around, Weaccountax is providing high-end accountancy services. We have a team of professionals expert in all sorts of business formation, taxation, and payroll management affairs who are fully capable to make it easy for our clients to run their businesses and firms without any legal complications and penalties or surcharges in case of violating any law as we help in doing accounting affairs on time and within the official deadlines.
Accounting services in Glasgow
Apart from the category of your business, you can hire us for the following accountancy services at affordable rates.
Weaccountax has made the company formation easy for its clients with the help of digital mechanisms. We offer limited company formation services in the entire UK and specifically in Glasgow at cheap rates. Our company formation services include registration with the House of Companies, preparation of registration documents like memorandum of association, articles of association, statement of capital holding, and certificate of incorporation. Specifically for the entrepreneurs entering the business field without the services of any company formation service, it could be a complex procedure, but we are here to help them in the best possible way and prevent them from legal obstructions and complexities with our step by step company formation procedural approach.
Company Address Services
Company address is one of the important aspects of its registration with HMRC and Companies House. For the limited or limited liability partnership companies, it is compulsory to have a physical mailing address within the UK for communicating with House of Companies and HMRC. Many times people start businesses from their homes that require confidentiality and the need for acquiring company address services becomes necessary to keep that business private. In Glasgow, Weaccountax is a well-known accounting and business consultancy firm that is fully capable to provide authentic company addresses for making it easy for you to receive your official and business mails on that address through online means.
A trademark is a symbol or group of words or a logo that sets your products and services apart from others. In other words, it is a branding element that makes your business and creations recognized in the market. Apart from the legal necessities of trademark registration, there are several other benefits including customer’s trust development, brand protection, and brand awareness which are key to succeed in the business. Here at Weaccountax in Glasgow, we provide trademark registration services that include logo design, research about its compliance with the Companies House laws and regulations copyright matters. We help businesses to make their trademarks catchy to attract customers and increase their profitability.
Annual Accounts Services
Every registered business within the UK and Glasgow’s premises is required to submit an annual financial report about the whole year’s financial activities for HMRC, Companies House, shareholders, and other concerned groups. It takes too much time and cost, which causes difficulties for businesses to focus on their growth and development. For making the whole process easy and providing an accurate annual financial report, hiring accounting services like Weaccountax can be a cost-effective way. We provide annual account preparation services and help our clients to meet the official HMRC’s deadlines and prevent them from heavy surcharges and penalties.
Annual Return Filling Services
All the registered limited companies and businesses are bound to submit an annual return form to companies House in every 12 months. It includes general information about the company’s management like directors, secretaries, and the financial position of the company and capital shareholding. We at Weaccountax in Glasgow help you in preparing your annual confirmation reports within the deadlines and in accordance with Companies House and HMRC’s laws.
Taxation Services in Glasgow
A lot of businesses in the UK face issues with their taxation affairs due to complexities in the taxation mechanism; in this regard Weaccountax can help you with following taxation services in Glasgow:
For every business registered for VAT with HMRC, it is compulsory to file a return document that includes the details about the amount of VAT you owe to pay them and the deductions or exemptions that you can claim on your paid VAT. There are two ways to file VAT returns by self or through any accounting service like Weaccountax that can help you in preparing and filling your VAT return so that you can just share it with HMRC. We have taxation professionals that are fully expert in helping in identifying deductions or claims on your purchases to minimize the VAT payable for you.
VAT Registration Services:
In accordance with the UK and Glasgow’s taxation and Company formation laws, it is necessary for every business to be registered with HMRC for VAT if its annual turnover is equal to or above £85000. If you are the one who is expecting your annual turnover above the threshold in the next month, you are also supposed to register your business. In the case of late registration, your business may face heavy penalties by the respective taxation authority. In this regard, hiring a professional accounting agency like Weaccountax in Glasgow can be a helpful way to avoid any kind of legal obstructions and fines without losing focus on business development.
Income Tax Returns:
A self-assessment tax return or income tax return could be a very daunting thing for several people and businesses as it requires certain personal income details including, expenses, earnings, source of income, tax liabilities and refunds. These are some of the complicated calculations that are difficult to make without prior planning and complete devotion which also require too much time and money that could be invested in business only, by hiring a well-organized and high-end accounting and tax consultancy firm like Weaccountax in Glasgow. We can help your business by preparing your income tax returns on time to avoid your business from facing any sort of legal complications due to lates and inaccurate filing of details.
Capital Gain Tax Return:
The calculation of capital gains tax depends on the realized profits on the sale of chargeable possessions and non-inventory sources acquired by any individual or a business. The realization of the exemptions and reliefs that you can claim to reduce CGT payable is a key factor to pay the minimum. In this regard, Weaccountax can help you with the right calculations in accordance with your income tax rates and realizing the tax minimizing factors within the taxation laws by HMRC to make it easy for you to pay the minimum and save maximum.
Inheritance Tax Return
The inheritance tax return is filed to HMRC if the worth of the respective estate or property above the threshold of 350000 pounds. There are many complications in the calculation of the right payable amount or determination of the tax rate that should be imposed on a specific property in different modes of inheritance transfers. Without hiring inheritance tax specialists like Weaccountax who can consider every possible deduction and tax exemption in the calculation can help you in saving maximum assets for your siblings by paying minimum inheritance tax.
PAYROLL Services in Glasgow
We are up to the mark in providing following payroll services to every kind of business within or outside of Glasgow to help our clients in the best possible way.
PAYE Registration Services
For running a business it is very essential to hire some employees to produce things, even you hire a single one too it is necessary for you to let HMRC know about your employees through your PAYE registration as an employer. Here at Weaccountax in Glasgow, our business consultancy experts are fully equipped with tactics and skills for making the whole process easy for you and your business to get registered for PAYE and manage your payroll system effectively.
In the UK, for employers, it is obligatory to manage all the records of payments and deductions made to employees and the submission of payroll return to HMCR on monthly basis, otherwise one can face the penalty up to £ 3000. In this regard, outsourcing payroll management can be an easy way to manage the whole process without any legal complications. As payroll management is not only about the management of records but is also about managing tax calculations, wage deductions, and filing reports of the respective authority. And all these services are easily available at the platform of Weaccountax where you can find professional payroll managing experts at lower prices.