UK Tax
Outsourcing tax return preparation for UK accounting firms to India is becoming increasingly popular. The UK accounting sector faces a growing talent crisis, with nearly 45% of firms severely impacted by workforce shortages as many accountants retire and fewer join the profession. ACCA UK’s 2024 research highlights how this skills gap has deepened, leading to significant staffing and capacity challenges for firms nationwide.
At AKM Global, we help businesses in the UK with their tax preparations in the busy Self Assessment season, ensuring timely compliance with the dynamic UK tax regulations, accurate filings, and strategic tax planning to optimize their financial position, thereby minimising liabilities.
Our expert team has 15+ of experience in handling complex UK Tax matters and years of experience in working with various UK firms. They use secured cloud servers for sensitive data storage and encrypted FTP portals for sharing of important tax documents.
What We Offer
- Accurate Tax Calculations:
- Compute tax liabilities and corporation tax relief.
- Handle profit apportionment across financial years.
- Expert Filing Assistance:
- Preparation of CT600 forms, including CT600A, CT600B, and CT600C.
- Ensure compliance with real-time HMRC submissions.
- Strategic Insights:
- Review carry-forward and backward losses for optimal tax outcomes.
- Review company accounts and verify transactions for accuracy.
- Analyze transactions to ensure compliance with transfer pricing regulations.
- Analyze periodic amendments and budgetary amendments in Corporate Tax Act, 2010 and assess its impact on the return filing process.
- Seamless Reporting:
- iXBRL tagging for accurate, compliant financial submissions.
- Update you on amendments in tax laws affecting your returns.
- S455 Calculations: Assess transactions between directors and the company to comply with Section 455 requirements.
Software Expertise
- CCH Software
- IRIS Software Ltd
- Sage (UK) Ltd
- Thomson Reuters
- Alpha Tax
- OneSource
- IRIS (Tagging)
- Alphatag
