Our Services

Personal Tax (employees, self-employed)

At TaxEon, we provide expert self-assessment tax return services for individuals and businesses. Whether you're self-employed, a company director, or a high-income earner, our London-based accountants ensure accurate and timely tax filings, ensuring full compliance with tax laws.

Why Choose TaxEon?

The self-assessment process can be complicated, but our tax advisors simplify it by identifying all eligible deductions and reliefs to minimize your tax liability. We aim to ensure you only pay what’s required, avoiding overpayment.
o Registration: Help with registering for self-assessment and providing the necessary information to HMRC.
o Tax Planning: Tailored advice for complex areas like buy-to-let properties, capital gains, and ensuring proper relief claims.
o Tax Calculations: Accurate calculations with clear breakdowns of your tax obligations.
o Payment Management: Timely reminders for deadlines and payment schedules.
o Tax Savings: Identifying opportunities to reduce your tax burden.
o Error-Free Filing: Thorough reviews to ensure all returns are error-free.
o Transparent Pricing: Fixed, competitive pricing with no hidden fees.

Who Needs to File a Self-Assessment?

Self-employed individuals, company directors, business partners, landlords, and those earning above the personal allowance threshold or with non-PAYE income must file. You’ll need a Unique Taxpayer Reference (UTR) from HMRC and must submit your return by January 31st for the previous financial year. Why File Early?
o Faster Refunds: Access refunds quicker, improving cash flow.
o Less Stress: Avoid last-minute filing and let us handle it.
o More Time to Pay: Plan payments with ample time.
o Avoid Penalties: Filing early prevents late fees.

Corporate Tax Services by TaxEon: Simplifying Your Tax Compliance

Managing corporation tax is an essential but often intricate part of running a business in the UK. At TaxEon, we specialize in providing professional Corporation Tax Return (CT600) filing services that ensure your company stays compliant with HMRC requirements while optimizing tax-saving opportunities.

What is Corporation Tax (CT600)?

Corporation Tax is a tax applied to the profits of UK-based limited companies. All active companies are required to file a Corporation Tax Return (CT600) with HMRC after the end of each financial year. Tax payments are also due within a specific time frame following the conclusion of the accounting period. It’s important to meet all deadlines to avoid any unnecessary complications. TaxEon ensures your returns are prepared accurately and submitted promptly, protecting your business from unnecessary financial strain.

Unlock Tax Savings with Expert Planning

At TaxEon, we understand that corporate tax management is more than just meeting deadlines—it’s about maximizing tax efficiency. Our tailored tax planning services help businesses reduce their overall tax liability, including:
o Claiming Allowable Deductions: We guide you in identifying eligible business expenses to reduce taxable profits.
o Managing Director’s Loan Tax (S455): Expert handling of director loans to ensure compliance and reduce tax impact.
o Capital Allowances & R&D Tax Credits: We help you take full advantage of available reliefs, including those for business investment and research and development.
o Our proactive, hands-on approach ensures that your business benefits from every available tax-saving opportunity, improving your bottom line and enhancing financial efficiency.

Key Corporation Tax Deadlines & Registration

It’s essential to stay on top of your corporation tax responsibilities to avoid any disruptions to your business. The registration process for corporation tax is straightforward, and it’s important to ensure that all required documentation is submitted on time. At TaxEon, we help streamline this process, ensuring all your documentation, such as the Unique Taxpayer Reference (UTR), Company Registration Number (CRN), and Government Gateway credentials, are in place for smooth registration and compliance.

Hassle-Free CT600 Filing with TaxEon

We take the complexity out of the CT600 filing process, providing a straightforward and efficient solution for your corporation tax needs:
o Government Gateway Account Setup: We assist with setting up your HMRC account to enable online tax submissions.
o Accurate Profit & Tax Calculations: Our experts ensure that all financial data is correctly recorded and tax calculations are precise.
o Timely Submission & Compliance: We handle the submission of your CT600 return to HMRC, ensuring you meet all compliance requirements.
o Maximizing Tax Relief & Deductions: Our team identifies all available tax reliefs and deductions, helping you minimize your tax liability.
o Partnering with TaxEon provides peace of mind, ensuring your corporation tax obligations are handled efficiently, with no missed deadlines or costly mistakes.

At TaxEon, we believe in making corporate tax management simple and straightforward. Our expert services are designed to support your business, allowing you to focus on growth while we ensure your tax affairs are in order. Contact us today to learn how we can help you stay compliant, optimize tax savings, and drive financial success.

Tax Planning at TaxEon

Effective tax planning is essential for individuals and businesses looking to minimize tax liabilities, avoid penalties, and maximize financial returns. At TaxEon, we provide comprehensive tax planning strategies tailored to your unique financial goals, ensuring compliance while optimizing your tax position.

Key Areas of Tax Planning

o Corporate Tax Management: We help businesses reduce their corporation tax liabilities by utilizing tax reliefs such as R&D credits and capital allowances, ensuring you take full advantage of available incentives.
o VAT Planning and Compliance: Our experts guide you through VAT optimization, ensuring error-free reporting and efficient management to avoid penalties and ensure compliance.
o International Taxation: We help mitigate double taxation and comply with international tax regulations. Our global expertise enables us to navigate cross-border complexities, making international tax matters more manageable.
o Payroll Taxes and Employer Contributions: We assist in optimizing your payroll system, reducing tax liabilities, and ensuring that your business stays compliant with payroll tax regulations.

Tax Planning Strategies

o Dividend Distribution: We help you strike the perfect balance between salary and dividend income to minimize personal tax liabilities and maximize returns.
o Capital Gains Tax (CGT) Management: With strategic planning, we ensure that you make the most of CGT allowances, trusts, and estate planning, preserving your wealth for the future.

The Role of Technology in Tax Planning

o Data Analytics and Automation: We leverage advanced data analytics, real-time reporting, and automation tools to provide efficient, accurate tax planning services.
o AI and Digital Transformation: By utilizing AI, we identify potential tax-saving opportunities, streamline compliance processes, and enhance overall tax functions, ensuring timely and cost-effective results.

Why Choose TaxEon for Your Tax Planning?

At TaxEon, our role is to be your trusted advisor in navigating the complexities of tax planning. Whether you're managing personal finances or overseeing corporate tax matters, we work closely with you to create bespoke strategies that align with your financial objectives. With our expertise and the latest technological tools, we ensure that your tax affairs are optimized, compliant, and strategically managed for long-term success. Contact us today to learn how we can help you enhance your financial outcomes through expert tax planning.

Inheritance and Capital Gains Tax (CGT) Services in the UK

At TaxEon, we offer expert guidance on Inheritance Tax (IHT) and Capital Gains Tax (CGT) to help individuals and families manage their estates effectively and minimize tax liabilities. Our tax planning strategies are designed to protect your wealth and ensure your financial legacy is preserved.

Understanding Inheritance Tax (IHT) Inheritance Tax (IHT) is charged on the value of an individual’s estate after death, with a standard rate of 40% applying to the portion exceeding the £325,000 tax-free threshold. However, careful planning can help reduce or even eliminate IHT liabilities.
Key Considerations for IHT Planning
o Lifetime Gifts: Gifts made more than seven years before death are generally exempt from IHT, reducing the taxable estate.
o Trusts: Establishing trusts allows you to manage and protect assets, and it can also help mitigate IHT liabilities by keeping assets outside your estate.
o Business and Agricultural Relief: Certain assets may qualify for up to 100% relief from IHT if they are related to business or agricultural holdings.
Capital Gains Tax (CGT) on Inherited Property

When you sell or dispose of inherited property, Capital Gains Tax (CGT) may apply to the increase in value between the selling price and the probate value. Understanding CGT is crucial when it comes to selling inherited assets to minimize tax exposure.
CGT Rates and Allowances

o CGT Rates: For inherited assets, CGT is charged at 18% for basic-rate taxpayers and 28% for higher- or additional-rate taxpayers. o Annual Allowances: The annual CGT allowance is £6,000 for individuals and £3,000 for trusts (for the 2024/2025 tax year). This allowance can help reduce taxable gains.
Strategies for Minimizing Tax Liabilities
o Estate Planning: Through effective wills and trusts, we help you structure your estate to reduce IHT and ensure your wishes are honored.
o Gifting Strategies: Making lifetime gifts can significantly reduce the value of your estate and, in turn, the potential IHT burden.
o Asset Sale Timing: Timing the sale of inherited assets can help you maximize CGT allowances and minimize capital gains.

Why Choose TaxEon for Inheritance and CGT Planning?

At TaxEon, we provide personalized and comprehensive advice on managing inheritance and capital gains taxes. Our expert team works with you to develop tailored tax planning strategies that protect your wealth and help reduce your tax liability. Whether it's through structuring your estate, leveraging tax reliefs, or timing asset sales, we ensure that your financial legacy is safeguarded and optimized.

Pay and payroll services

At TaxEon, we specialize in providing expert PAYE and payroll services to streamline your business operations, ensuring compliance, accuracy, and efficiency. Our services are designed to take the complexity out of payroll management, allowing businesses of all sizes to focus on what truly matters: growth and success. Whether you're a small start-up or a large enterprise, we tailor our payroll solutions to meet your specific needs.

Our PAYE compliance and management services include full HMRC compliance, including Real-Time Information (RTI) reporting, ensuring that all your payroll submissions are up to date and accurate. We also handle tax code management and Employment Allowance claims, which help you optimize your tax calculations and take advantage of available savings. Additionally, we offer payroll processing services, ensuring that your employees receive timely and accurate payments, payslips, and P60 forms. We also manage auto-enrolment pension schemes, making sure your business stays compliant with pension laws

For businesses looking for a more hands-off approach, we offer payroll outsourcing. Our fully managed payroll services come with dedicated support, meaning you’ll have access to expert assistance whenever you need it. We also provide cloud-based software integration for seamless payroll processing and real-time reporting, making it easier for you to manage your payroll data and ensure everything is running smoothly.

Partnering with TaxEon for your payroll needs offers several benefits. First and foremost, our services ensure that you remain fully compliant with all tax regulations, helping you avoid costly penalties and fines. We take care of the administrative tasks, which reduces operational costs and saves you valuable time. Moreover, our automated payroll processes and advanced reporting tools streamline your payroll system, making it more efficient and reducing manual errors. This level of precision and timeliness contributes to employee satisfaction, as they will receive accurate and on-time payments, with easy access to their payslips, P60s, and tax documents.

At TaxEon, we provide tailored payroll solutions that fit the specific needs of each business, whether you're a start-up, a small or medium-sized enterprise (SME), or a large corporation. Our team is committed to simplifying your payroll management, so you can focus on scaling your business.

Payroll is not just an administrative task; it's a critical function that can significantly affect your business's efficiency and growth. By partnering with TaxEon, you gain more than just compliance – you unlock the opportunity to enhance your business operations, mitigate risks, and gain valuable insights that can drive your business forward.

If you’re ready to simplify your PAYE and payroll processes, TaxEon is here to help. Contact us today to schedule a consultation and discover how our tailored payroll solutions can support your business’s success.

VAT Services

We provide a range of comprehensive VAT services, starting with VAT compliance and advisory. Our team helps streamline VAT return submissions, ensures accurate RTI reporting, and guarantees Making Tax Digital (MTD) compliance through our automated systems. We also offer sector-specialized VAT solutions for industries such as property & construction, international trade, charities, and healthcare, providing tailored advice to meet the unique needs of these sectors. In addition, our VAT dispute resolution services provide robust representation in HMRC investigations, appeals, and litigation, helping you navigate and resolve any VAT-related disputes.

At TaxEon, we use advanced technology-driven solutions to enhance VAT management. Our MTD-compliant software automates VAT accounting, reduces errors, and provides data visualization tools to make VAT management more efficient. We also offer specialized support for Environmental & ESG taxes, including guidance on plastic packaging tax and climate levies, ensuring your business complies with evolving environmental tax laws. For businesses operating internationally, we assist with global VAT registrations, customs classifications, and duty relief schemes, helping you manage the complexities of international VAT and customs with ease.

With TaxEon, you gain access to a team of experts who bring a wealth of knowledge and experience. Our team includes former HMRC inspectors, Big Four alumni, and sector-specific specialists, all committed to providing you with the highest level of service. We offer a client-centric approach, providing dedicated advisors, multilingual support, and personalized services to meet the unique needs of your business.

Bookkeeping and accountancy services

At TaxEon, we pride ourselves on offering a comprehensive range of bookkeeping and accountancy services tailored to meet the unique needs of individuals and businesses across the UK. Our goal is to ensure that your financial records are accurate, compliant with tax regulations, and strategically aligned with your long-term objectives. Here’s an enhanced breakdown of the services we offer:

Our bookkeeping services ensure that your financial records are up-to-date, accurate, and compliant with UK tax regulations. At TaxEon, we provide the following essential services to keep your business running smoothly:
o Day-to-Day Transaction Recording: We meticulously record every financial transaction – from sales and purchases to receipts and payments – ensuring no detail is overlooked. This allows for precise financial reporting and tax filings.
o Bank Reconciliation: Our team ensures that your bank statements align perfectly with your internal records. By reconciling discrepancies, we give you peace of mind that your financial data is always accurate.
o Accounts Payable & Receivable Management: Managing both incoming and outgoing payments is critical for your cash flow. We help track and manage all invoices and bills, ensuring payments are made on time, and collections are prompt, keeping your business on top of its finances.
o Petty Cash Management: Handling small but necessary expenses can often be overlooked. We help you track petty cash transactions, ensuring every penny is accounted for.
o Maintaining Ledgers: Our team manages your general ledger, sales ledger, purchase ledger, and other sub-ledgers. This gives you clear insights into the state of your business finances, ensuring accurate financial reporting.
o Payroll Bookkeeping: From calculating employee wages and taxes to ensuring benefits are correctly processed, we ensure your payroll is accurate and timely, helping you comply with UK regulations.

TaxEon’s accounting services offer invaluable support in managing your business’s financial health, compliance, and performance. We provide:
o Preparation of Financial Statements: We prepare your financial statements, including the balance sheet, income statement, and cash flow statement, in full compliance with UK accounting standards such as FRS 102, FRS 105, and International Financial Reporting Standards. Our thorough approach ensures transparency and reliability in your financial reporting.
o Management Accounts: Our management accounting services provide you with detailed reports on a monthly or quarterly basis. These insights help you make informed, data-driven decisions to guide your business’s strategy.
o Financial Reporting: We go beyond numbers by providing in-depth analysis of your financial performance. Our reports break down key metrics, such as profit margins, expenses, liabilities, and overall business health, offering you a clear view of your financial standing.
o Tax Filing and Reporting: Tax compliance is crucial, and we ensure that your business’s tax filings – including Corporation Tax, VAT returns, and other relevant taxes – are submitted accurately and on time to HMRC.
o Budgeting and Forecasting: We support you in crafting budgets and forecasts that provide a roadmap for growth. With our expertise, you can plan for the future and set realistic, achievable financial goals.

At TaxEon, we take the stress out of payroll with our comprehensive payroll services. We ensure your employees are paid accurately and on time while adhering to UK tax laws:
o Payroll Processing: From calculating wages to handling PAYE tax and other statutory deductions, we ensure your payroll runs smoothly each month.
o Employee Benefits Administration: We manage employee benefits such as pensions, health insurance, and bonuses, taking the complexity out of employee compensation.
o Payslip Generation: Our system generates detailed payslips, breaking down earnings and deductions clearly for your employees.
o Real-Time Information (RTI) Reporting: We handle RTI submissions to HMRC in real time, ensuring compliance with tax obligations.
o End-of-Year Payroll Processing: We take care of year-end payroll tasks such as preparing and submitting P60s and P11Ds, ensuring that your business meets all year-end payroll requirements.

Our financial consultancy services are designed to help you achieve financial success by providing expert guidance and strategic advice on:
o Business Advisory Services: We work alongside you to help improve your business’s financial performance, offering tailored strategies to cut costs, enhance profitability, and optimize operations.
o Cash Flow Management: Managing cash flow is essential to running a successful business. We help you track and manage your cash inflows and outflows, ensuring that your business always has enough liquidity to operate efficiently.
o Debt Management: If your business is facing outstanding debts, we assist you in creating a repayment plan that minimizes financial strain while safeguarding your company’s cash flow and credit reputation.
o Investment Advice: Our expert team provides tailored investment advice, guiding both businesses and individuals on asset allocation, risk management, and portfolio diversification to ensure long-term financial growth.

Starting a business can be overwhelming, but with TaxEon’s startup and support services, you can hit the ground running:
o Company Formation: We guide you through the process of setting up your limited company, ensuring you select the right legal structure, whether you’re a sole trader, partnership, or limited company.
o Business Planning & Structure: We help you craft a clear business plan, select the most tax-efficient structure for your operations, and set strategic goals that align with your long-term objectives.
o Cash Flow Forecasting for Startups: Early-stage financial planning is essential. We assist with cash flow forecasting and financial modelling, giving you the tools to plan for your startup’s growth.
o Bookkeeping Systems Setup: We implement the right bookkeeping and accounting systems to ensure your finances are tracked efficiently from day one.

TaxEon offers a comprehensive suite of audit and assurance services, helping businesses assess their financial health and comply with regulations:
o Internal and External Audits: We conduct thorough audits of your financial statements, ensuring they comply with accounting standards and identifying any areas for improvement.
o Audit Preparation: We ensure that all necessary documentation is prepared and ready for audit, helping you meet all regulatory requirements.
o Financial Controls: We work with your business to implement robust financial controls, reducing the risk of errors or fraud while improving the reliability of your financial data.

Our management accounting services provide key financial insights to help guide your decision-making:
o Cost Management: We help businesses analyze their cost structures and implement cost-saving strategies that improve profitability and efficiency.
o Performance Analysis: We evaluate your financial performance against key performance indicators (KPIs), providing actionable insights to help your business thrive.
o Financial Decision Support: We assist in critical business decisions, such as pricing strategies, investment opportunities, and expansion plans, by providing in-depth financial analysis and expert advice.