- 859A High Road Ilford Essex IG3 8TG
- 020 3372 4662
- office@aztax.co.uk
From corporation tax returns and self-assessment filings to HMRC enquiry handling and tax planning, we ensure you pay exactly what you owe, not a penny more.
The UK tax system is complex, and for most businesses and individuals, the difference between good tax planning and poor tax planning is measured in thousands of pounds every year. The key is not avoiding tax, it is making sure you are not paying more than the law requires, and that your business structure is set up in the most tax-efficient way possible.
At Aztax Advisors, our tax team works with you throughout the year to review your financial position, understand your short and long-term goals, and build a tax strategy that is both compliant with UK tax law and genuinely effective at reducing your overall tax burden. We consider the interaction between corporation tax, income tax, Capital Gains Tax, VAT, and National Insurance to ensure your overall position is as efficient as possible.
Every UK limited company must file a corporation tax return (CT600) with HMRC within 12 months of the end of its accounting period, with payment due within 9 months and one day. Failure to file on time results in automatic penalties, and persistent non-compliance can trigger HMRC investigations.
We prepare your company’s corporation tax computation from your finalised accounts, ensuring all allowable deductions are claimed, including trading expenses, capital allowances, pension contributions, and any applicable tax reliefs. We calculate your corporation tax liability, advise you on the payment due date, and submit your CT600 to HMRC electronically.
We also handle more complex corporation tax matters, including group relief claims, loss carry-backs and carry-forwards, research and development tax credits, and quarterly instalment payments for larger companies.
Self-assessment is required for anyone whose tax affairs cannot be handled through PAYE alone, including company directors, self-employed individuals, freelancers, partners in a business, landlords with rental income, and higher-rate taxpayers with investment income or capital gains.
The online filing deadline for self-assessment is 31 January following the end of the tax year, with payment due on the same date. Missing this deadline triggers a £100 automatic penalty, with further penalties accruing at three, six, and twelve months.
We manage your self-assessment from start to finish, gathering your income information, identifying all allowable deductions and reliefs, calculating your tax liability, and filing your SA100 return with HMRC well in advance of the deadline.
Partnerships, including traditional business partnerships and LLPs, have a separate tax filing obligation in addition to the individual tax returns of each partner. The SA800 partnership return declares the partnership’s total income and allocates it between the partners in accordance with the partnership agreement.
We prepare SA800 returns for all types of UK partnerships, ensuring the profit allocations are correctly calculated and that each partner receives a completed SA800 supplementary page (SA104) to include with their individual self-assessment return.
Capital allowances are one of the most commonly underutilised reliefs in the UK tax system. When your business purchases qualifying assets, machinery, equipment, commercial vehicles, IT hardware, or certain fixtures and fittings in commercial property, you may be entitled to claim significant tax deductions against that expenditure.
The Annual Investment Allowance (AIA) currently allows businesses to deduct up to £1 million of qualifying capital expenditure in a single year. We review your capital expenditure in detail each year, identify all qualifying assets and expenditure, and ensure your capital allowances claims are maximised within the rules.
Receiving a letter from HMRC opening a tax enquiry is a stressful experience for any business owner or individual. These enquiries can range from a simple aspect enquiry into a single figure on your return to a full-scale investigation of your business affairs.
If HMRC opens a tax enquiry into your personal or business tax affairs, we take on full responsibility for managing the process. We review the information HMRC has requested, prepare a thorough and accurate response, and handle all correspondence and negotiations on your behalf.
We also offer a tax investigation fee protection service, which covers our professional fees if you are subject to a full HMRC investigation, giving you complete peace of mind that expert help will always be available when you need it most.
Why Choose Us
Tax compliance is non-negotiable. But it should never cost you more than it needs to, and it should never be a source of stress. At Aztax Advisors, we handle every aspect of your corporate and personal tax obligations, accurately, efficiently, and with full regard to the legitimate tax-saving opportunities available under UK law.
Whether you need your self-assessment filed, your corporation tax computed, or a review of your overall tax strategy, our team is ready to help. Get in touch for a free initial consultation.