Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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If you’re self employed, a company director, or receive income not taxed at source (like rental or freelance income), HMRC usually requires an annual Self Assessment return. Even part time income may trigger this requirement, so it’s best to let your accountant assess your case.
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Yes we’re authorised agents with HMRC, which means we can handle your filings, speak to HMRC, and resolve issues directly for you.
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Yes, we do! We really value word of mouth and love rewarding our clients for sharing the good news.
If you refer someone to KC Accountants UK and they sign up for one of our services, you’ll receive a from £50 - £350 reward as a thankyou.
It’s simple:
1. Share our details with your friend or fill in our on boarding form
2. Ask them to mention your name when they get in touch.
3. Once they’ve signed up and paid, we’ll send your reward.
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It depends on your business type and the services you need. At KC Accountants, prices start from £150 for basic tax returns, additional cost will include VAT, payroll, and limited company filings.
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Yes, allowable expenses such as fuel, phone bills, or equipment can reduce your taxable profit but HMRC has strict rules, and not everything qualifies. We’ll help you claim correctly without risking penalties.
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Accounting software is helpful, but it won’t advise you on tax efficiency or keep you compliant with changing HMRC rules. We offer expert oversight to make sure nothing is missed.
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HMRC offers Time to Pay arrangements that allow spreading your tax payments over several months if you face cash flow issues. These arrangements require early application and approval
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Yes, we have an office in London and can also arrange in person meetings anywhere in the UK for limited company clients who need or prefer a face to face service.
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Yes. We’ll walk you through everything, register you with HMRC if needed, and help you avoid fines or errors.
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A Benefit in Kind is a non cash benefit provided by an employer to an employee or director, such as a company car or private medical insurance. These are taxable and must be reported to HMRC. We ensure all BIKs are properly declared through P11D forms and advise on tax efficient alternatives where possible.
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HMRC requires that business expenses must be incurred “wholly and exclusively” for the purpose of your trade. This means the cost must be entirely business-related. If there’s a dual purpose (business and personal), you generally can’t claim the full amount.
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A tax code is a set of numbers and letters issued by HMRC to tell your employer or pension provider how much income tax to deduct from your wages or pension. It reflects how much tax free income you’re allowed each year (your Personal Allowance) and may also include adjustments for benefits, previous underpayments, or other income.
For the 2025/26 tax year, the standard Personal Allowance is £12,570, and the most common tax code is 1257L. This means you can earn up to £12,570 without paying tax. Each number in your code represents £10 of tax free income (1257 = £12,570), and the letter indicates your situation:
An incorrect tax code could mean you're paying too much or too little tax. This is why it’s essential to check your payslips and HMRC account regularly.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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HMRC can review returns up to 4 years for normal errors, 6 years for carelessness, and up to 20 years for deliberate tax evasion. We keep your records compliant and help you resolve any issues professionally if HMRC contacts you.
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Paper returns: 31 October. Online returns: 31 January following the end of the tax year. Payments are also due 31 January and 31 July (if applicable).
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HMRC charges a £100 automatic penalty after the deadline, plus daily fines and interest if it remains unpaid. We can help you submit late returns and negotiate penalties if there’s a valid reason.
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To ensure we complete your tax return accurately, you’ll need to provide the following documents:
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Once we’ve received all the necessary documents and information from you, we typically complete the tax return within 7-10 working days.
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HMRC offers a £1,000 trading allowance. If your income is under this, you may not need to register but it depends on your situation. We’ll advise you accurately.
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Yes, we regularly help clients catch up with HMRC. We’ll sort your past returns, calculate any taxes owed, and help reduce penalties where possible.
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Absolutely from 6th April you can file early and have several advantages, including faster refunds, more time to save for ugly tax bill and avoiding last minute stress.
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We’ll review the calculation in detail and speak to HMRC on your behalf if necessary. Our goal is to ensure you’re not overpaying and to represent you professionally if there are any discrepancies.
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Payments on Account are advance payments towards your next year’s Self Assessment tax bill. HMRC asks for these if your last tax bill was over £1,000 and you haven’t paid enough tax through PAYE. You make two payments each year, due on 31 January and 31 July, each usually half of your previous year’s tax bill.
These payments help spread your tax cost throughout the year and avoid a large bill all at once. However, if you expect your income to drop, you can ask HMRC to reduce your Payments on Account.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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You must register if your taxable turnover exceeds £90,000 in a 12 month period. You can register voluntarily below this threshold for business reasons.
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Yes. We ensure your VAT returns comply with HMRC’s MTD requirements and use compatible software to manage submissions.
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HMRC offers schemes like the Flat Rate Scheme and Annual Accounting Scheme. We’ll assess which is most beneficial for you.
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Usually quarterly, but some businesses qualify for annual submissions. We handle the whole process for you with our state of the art software.
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You can reclaim VAT on business purchases but only if you have valid VAT invoices and the items are for business use.
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Yes. VAT registration is based on turnover, not business structure.
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This scheme lets small businesses pay a fixed rate of VAT to HMRC and keep the difference between what they charge and what they pay. It simplifies reporting and may save you money something we assess for all eligible clients.
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You must register for VAT within 30 days of going over the threshold (£90,000 in 2025/26). We can help with backdated registration and ensure you remain compliant going forward, including setting up quarterly submissions.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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If you pay yourself a salary, yes you’ll need to register as an employer and submit PAYE returns. We can set this up and manage it.
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A mix of both is usually most tax efficient for directors, but it depends on your situation. We’ll recommend what’s best for your income.
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We can register you directly with HMRC and ensure you're taxed correctly under the scheme. Click on our form!
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Yes deductions made at source can be claimed back through your tax return. We handle all calculations for you.
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Yes, HMRC requires verification and correct deduction rates. We’ll ensure you remain compliant.
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Yes, as an employer you must register with HMRC, report PAYE, and provide payslips. We manage the entire payroll process for you.
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Yes. We manage staff payments, Real Time Information (RTI) submissions, and auto enrolment pensions so you're compliant with the law.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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It depends on your income, risks, and plans. We’ll give you tailored advice a limited company can offer tax benefits, but also comes with added responsibilities.
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We’ll register it with Companies House, set up the necessary HMRC accounts (PAYE, VAT, Corporation Tax), and guide you through bank setup and responsibilities.
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Yes. A combination of salary and dividends can be tax efficient. We’ll help structure this based on your company’s profit and personal income.
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Directors must ensure accurate record-keeping, file annual returns, and submit personal tax returns. We provide full guidance and filing support.
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Directors can pay themselves a salary, which is subject to PAYE and National Insurance, and dividends, which have different tax treatment. Dividends are paid from company profits and generally attract lower tax rates.
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You must submit a Company Tax Return, annual accounts to Companies House, and Confirmation Statement. We’ll manage all of this on your behalf.
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Yes, limited companies are separate legal entities, and it’s a legal and practical requirement.
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Yes. We’ll manage the transition, transfer assets, inform HMRC, and adjust your tax reporting so you don’t miss a step.
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Ideally, at least once per quarter to review your finances and plan for tax. At K&C Accountants, we’re available year-round to ensure you’re making informed decisions and staying ahead of deadlines.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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Everything from Companies House registration to HMRC setup, PAYE/VAT registration (if needed), and guidance on bookkeeping and tax planning.
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Typically within 24/48 hours. We’ll confirm once HMRC and Companies House registration is complete.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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Our Main office is in London (Whitechapel Road), but we serve clients across the UK.
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Yes, we’re happy to offer out-call services anywhere in England and Wales for our limited company clients. This service is available where there's a valid reason such as mobility issues, the nature of the business, or a preference for in person support. We aim to make our services as accessible and convenient as possible.
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Free for existing clients, potential clients will be given free 15 minutes, after charges may apply.
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We’re flexible and offer out of hours appointments where needed, especially during tax season.
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Yes, However to provide dedicated time to each client, we recommend booking an appointment. This allows us to prepare in advance and offer you the best possible service without interruption.
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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Yes, we’re happy to explain things clearly and offer support in simple language. Just let us know what you need. (We include additonal language such as Bangla and Urdu)
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Absolutely. If you’ve received a letter or enquiry from HMRC, we’ll represent you and respond appropriately to resolve the issue.
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Everything: registration (if needed), bookkeeping, HMRC submission, and guidance throughout. No hidden charges.
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We offer flexible payment plans for all limited company services. For self employmnet depending on the fee we may offer payment through Klarna. Get in touch to discuss your situation.
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Yes we specialise in self employed and app-based workers, including Uber Eats, Just Eat, and couriers.
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Yes, HMRC requires accurate records for at least 5 years. We’ll advise you on what to keep and offer tools to stay organised.
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Definitely. We break down all figures clearly so you understand how your tax is calculated and help you avoid future surprises.
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We handle the switch for you and liaise with your previous accountant to ensure a smooth transition.
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HMRC can be contacted via:
Please reach us at kazi@kcaccountants.uk if you cannot find an answer to your question.
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Tax avoidance uses legal methods to minimise tax liabilities, such as claiming legitimate expenses and reliefs. Tax evasion is illegal and involves deliberately hiding income or falsifying information.
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Self employed individuals generally submit Self Assessment tax returns by 31 January each year, with payments due in two instalments (Payments on Account). Limited companies file Corporation Tax returns 12 months after their accounting period ends, with tax payments due 9 months and 1 day after the year end. We keep you on track so you never miss a deadline. Accessible and convenient as possible.
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The Personal Allowance is the amount of income you can earn each year before paying Income Tax (£12,570 for 2024/25). If your income exceeds £100,000, the allowance decreases.
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Yes, you can amend your Self Assessment return within 12 months of the original filing deadline if you find mistakes or omissions.
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Tax rules evolve frequently, so staying informed is crucial to compliance and planning. K&C Accountants provide regular updates, whatsapp broadcast, and personalised advice to keep you ahead of changes and optimise your tax position.
Copyright © 2025 KC Accountants UK - All Rights Reserved.
KC Accountants UK is a trading name of K&C Accountants Limited, registered in England & Wales (Company No. 13724804).
Registered Office: 271A Whitechapel Road, London, E1 1BY.