Expert Tax Advice & Compliance
Self Assessment, Corporation Tax, and VAT returns handled by tax specialists — with full Making Tax Digital (MTD) support.
Corporation Tax Services
Corporation tax is the tax charged on company profits. We manage the complete corporation tax process, from calculation to filing, ensuring you pay the right amount of tax.
What We Include
- Tax liability calculation
- Tax return preparation (CT600)
- Capital allowances claims
- Research & Development (R&D) relief
- Trading loss management
- Group relief (where applicable)
- Overpayment recovery
- Tax payment planning
- Deduction optimization
We Ensure You
- Claim all available deductions
- Maximize tax efficiency
- Meet filing deadlines
- Avoid penalties and interest
- Understand your tax position
Tax Planning Strategies
- Timing of expenditure
- Asset investment decisions
- Director salary vs. dividends optimization
- Pension contribution strategy
- Loss utilization planning
- Capital expenditure timing
Self Assessment Services
Self Assessment is the tax return required for sole traders, partners, and individuals with other income. We prepare accurate returns and ensure timely filing.
Who Needs Self Assessment?
- Sole traders and self-employed individuals
- Partners in partnerships
- Individuals with rental income
- Individuals with investment income
- Directors of companies (supplementary returns)
- Anyone earning above the Personal Savings Allowance
- Sole traders and landlords brought into Making Tax Digital for Income Tax (qualifying income over £50,000 from April 2026)
What We Manage
- Income calculation from business activities
- Employment income reporting
- Investment income (interest, dividends, gains)
- Rental income and expenses
- MTD (Making Tax Digital) submissions
- Capital gains calculations
- Personal relief calculations
- Online submission to HMRC
Timeline
Year end: 5 April · Tax return deadline: 31 January following year. We advise you well in advance.
Common Deductions We Claim
- Business expenses (supplies, rent, utilities)
- Mileage and vehicle expenses
- Professional fees
- Training and development
- Home office expenses
- Depreciation (capital allowances)
- Bank and accountancy fees
- Insurance and subscriptions
Estimated Tax
We provide estimates of tax due, allowing you to budget and plan payments.
Penalties to Avoid
- Late submission: £100+ penalties
- Accuracy penalties: Up to 100% of underpaid tax
- Interest on overdue tax
We ensure you avoid these penalties through timely, accurate filing.
VAT Return Services
VAT (Value Added Tax) is a consumption tax. If your turnover exceeds the threshold, you must register for VAT. We manage the complete VAT process.
| VAT Thresholds (2025/26) | Amount |
|---|---|
| Registration threshold | £90,000 turnover |
| Deregistration | Below £88,000 |
| Reverse charge | May apply for supplies from EU/International VAT |
What We Provide
- VAT registration and management
- MTD for VAT compliance — digital records and submissions via MTD-compatible software (mandatory for all VAT-registered businesses)
- Quarterly VAT return preparation
- Input tax claim optimization
- Partial exemption calculations
- VAT accounting method advice (Standard/Cash/Flat Rate)
- VAT payment planning
- VAT audit support
VAT Return Process
- Collection of invoices and expenses
- Classification as taxable/exempt
- Input tax identification
- Calculation of VAT due/refund
- Online submission via HMRC portal
- Payment or refund processing
Deadlines
Quarterly returns (typically Jan, Apr, Jul, Oct). Payment due within 30 days of quarter-end. We manage all deadlines.
Common Issues We Resolve
- Partial exemption calculations
- Reverse charge applications
- Zero-rated supplies
- Flat rate scheme eligibility
- Simplified calculations for small businesses
- Cross-border VAT
Benefits of Our VAT Service
- Maximized input tax recovery
- Accurate quarterly filings
- Potential VAT refunds
- Compliance and penalty avoidance
- Professional documentation
Capital Gains Tax (CGT)
Capital Gains Tax applies to profits made when you sell certain assets. We manage CGT calculations and planning.
What Triggers CGT?
- Sale of business assets
- Sale of investment property
- Sale of shares
- Sale of valuable chattels
- Transfer of assets
Annual Exemption (2025/26)
£3,000 CGT exemption. Gains beyond this are taxable.
Rates
18% (basic rate) or 24% (higher rate) depending on income.
What We Handle
- Asset cost basis identification
- Gain/loss calculation
- Annual exemption utilization
- Loss relief application
- Taper relief consideration
- CGT return preparation and payment arrangement
Tax Planning & Strategy
Beyond compliance, we provide proactive tax planning to legitimately minimize your tax burden.
Sole Traders
- Optimal business structure (sole trader vs. limited)
- Income splitting strategies
- Pension contributions
- Spouse income utilization
Company Directors
- Salary vs. dividends optimization
- Pension contribution planning
- Director's loan account management
- Retention vs. distribution decisions
Business Owners
- Capital expenditure timing
- R&D relief claims
- Capital allowances maximization
- Loss relief strategies
- Succession planning
Investors
- Investment structure optimization
- Dividend income planning
- Capital gains planning
- Tax-efficient investments
Why Choose Axiom for Tax Services?
Expert Knowledge
Tax specialists staying updated with regulations.
Compliance
Accurate, timely filing preventing penalties.
Planning
Proactive strategies reducing tax liability.
Audit Support
Full support if HMRC enquiries arise.
Integration
Tax services linked with accounting.
Communication
Clear explanations in plain English.
Accessibility
Available to answer tax questions.
Frequently Asked Questions
Do I need to register for VAT?
You must register once your VATable turnover exceeds £90,000 in any rolling 12-month period. You can also register voluntarily below this threshold if it benefits your business — we can advise which makes sense for you.
When does Making Tax Digital for Income Tax apply to me?
It's already in force from April 2026 for self-employed individuals and landlords with qualifying income over £50,000, extending to £30,000 from April 2027 and £20,000 from April 2028. We offer a free readiness check to confirm exactly when it applies to you.
When is my Self Assessment tax return due?
The tax year ends on 5 April, and your online return and payment are due by 31 January the following year. We prepare and file well ahead of the deadline to avoid any last-minute pressure.