Taxation work is required by the consultant and company

4.2 Running your own company
E Ongoing taxation work is required by the consultant and the company Various tax returns and correspondence must be completed for both you and the company. Determining whether or not the “IR35 legislation” should be applied to contract income. Determining whether or not the “section 660 legislation” should be applied to contract income Approving all dividends to be declared by the company. Preparing and submitting VAT returns to HM Revenue & Customs on a quarterly basis. Maintaining the payroll of the company, including issuing monthly payslips, calculating PAYE/NIC payments and amending tax codes as per notices of coding. Reviewing the personal tax position of each shareholder. Preparation of corporation tax and capital allowances computation. Completion of company tax return form CT600. Submission of the company tax return to HMRC. Completion and submission of annual payroll form P35. Completion and submission of the required P11D forms. We can help you with all of these tasks