Our UK Taxation Services

Our dedicated team excels in providing customized tax solutions for individuals, businesses, and organizations throughout the UK, covering areas such as income tax, VAT submissions, and payroll tax management. We deliver a comprehensive range of services tailored to meet your unique tax needs.

Our mission is to make the tax process as seamless as possible, offering personalized strategies and solutions that support your financial ambitions.

When you choose SMG Consultants, you can rest assured that your tax matters are handled with expertise. We continuously monitor evolving tax laws and regulations, ensuring your filings are precise, compliant, and designed to enhance your financial health.

Let us alleviate the burdens of tax season, allowing you to concentrate on what truly matters–growing your business and reaching your aspirations

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Why clients choose SMG Consultants

Our Expertise: What We Do

Income Tax

Income Tax is a tax on individual or business earnings.

Non-Profit Tax

Non-Profit Tax files trusts’ tax returns.

Payroll Tax

Payroll Tax is charged on employee wages.

Self Assessment Tax

SA100 is a UK tax return for reporting personal income.

Capital Gains Tax

Capital Gains Tax is a tax on profits from selling assets.

Value Added Tax (VAT)

Value Added Tax (VAT) is a tax on goods and services.

National Insurance (NI)

NI is a UK tax on earnings that funds state benefits.

Non-Profit Tax

Non-Profit Tax files trusts’ tax returns.

Corporate Tax (CT600)

CT600 is a UK company’s annual tax return on profits.

Taxes Affecting Individuals and Businesses

Understanding the Taxes Relevant to You

Individual Tax (SA100)

This applies to individuals earning income from employment, self-employment, investments, or property. Taxpayers are required to submit an annual Self Assessment tax return (SA100).

Corporate Tax

This tax is levied on the profits of UK-based companies. Businesses are required to submit annual accounts, a Confirmation Statement, and a Corporation Tax Return (CT600) to HMRC each year.

Capital Gains Tax (CGT)

This tax is charged on individuals who profit from the sale of assets such as property or shares in the UK. Tax is owed on the gains from these sales, although certain assets may be eligible for exemptions or reliefs.

National Insurance (NI)

These compulsory payments in the UK help fund essential state benefits, including the State Pension and healthcare services. The rates and thresholds depend on your income and whether you’re employed or self-employed.

Non-Profit Tax

This applies to registered charities and their earnings. Charities must submit annual financial reports to the Charity Commission and adhere to HMRC reporting requirements.

VAT filing

A tax levied on goods and services sold by businesses registered for VAT. These businesses are required to file regular VAT returns with HMRC.

Inheritance Tax (IHT):

Applicable to estates valued over £325,000, this tax is charged on assets passed on after death, including any gifts made within the seven years leading up to death.

Payroll Tax

Employers are responsible for deducting National Insurance, Income Tax, and potentially Student Loan repayments from employee wages and remitting them to HMRC.

Trusted UK Tax Solutions For Various Industries

At SMG Consultants, our industry knowledge powers accurate and dependable financial solutions for businesses in every sector

Real Estate & Construction

Accounting, Tax, and CPAs

Ecommerce and Retail

Non-Profits

Law Firms Consultants

Medical & Healthcare

Hospitality & Restaurants

Startups

Branding & Marketing

Education,Coaching Training

IT & SaaS

Logistics & Shipping

Your Trusted Partner for UK Tax Compliance and Efficiency

Dealing with UK taxes doesn’t have to be difficult. Rely on our expertise to handle your tax needs, whether individual or business-related

Expert Guidance

Navigate Canadian Tax with expert help and guidance.

Quick Turnaround

Our team efficiently manages tax matters, and we are available 24/7 for help and support.

Latest Technology

We leverage latest software and tools for accurate and efficient tax filing and management.

Customized Solutions

Our tailored Canadian taxation services can get you what is needed for your business.

Struggling With UK Tax Filings?

Benefits of Delegating Your UK Taxation Services

Strategic Tax Planning

Maximize returns and minimize liabilities through expert financial planning.

Data Safety

Your data safety and security are our top priorities, safeguarded with cutting-edge protection measures.

Accuracy and Compliance

Stay compliant with current tax laws while optimizing your compensation strategy.

Save Time & Resources

We help you save time, allowing you to focus on what matters most—your core business.

Professional Handling

Enjoy peace of mind by letting our tax experts handle your tax matters.

Proactive suggestions

Receive customized guidance to capitalize on tax-saving opportunities tailored to your financial situation.

Looking for UK Tax Filing Services ?

Get in touch with our team today and discover how our services can support your business. Click the button below to visit our contact page or leave your message.

Frequently Asked Questions

Individuals must file if they are self-employed, have untaxed income, are company directors, or have complex tax affairs. Use HMRC’s online tool to check if you need to file.

Paper returns must be filed by 31 October, and online returns by 31 January following the end of the tax year. Payment of any tax owed is also due by 31 January.

The tax year runs from 6 April to 5 April the following year for individuals and selfemployed persons.

You must register with HMRC by 5 October if you need to complete a tax return and have not registered before.

Late filing incurs an automatic £100 penalty, with further penalties for continued delay. Late payment of tax also results in interest and additional penalties.

Gather details of all income, employment, pensions, savings, investments, property income, and relevant expenses or reliefs.

You can pay online, by bank transfer, through your tax code, or by cheque. Payment is due by 31 January.

The main direct taxes are Income Tax, Corporation Tax, and Capital Gains Tax.

The main indirect taxes are Value Added Tax (VAT), Stamp Duty, and Excise Duties.

Companies must file a Company Tax Return (CT600) within 12 months of the end of their accounting period, and pay Corporation Tax within 9 months and 1 day after the period ends.

MTD requires digital record-keeping and quarterly updates for certain income sources. It will be phased in from April 2026 for those with qualifying income over £50,000, and later for lower thresholds.

Businesses must register for VAT if their taxable turnover exceeds the threshold (currently £90,000). VAT returns are usually filed quarterly online.

Amendments can be made online within 12 months of the original filing deadline.

Failure to register or file can lead to penalties, interest, and possible prosecution. Companies can be struck off the register for non-compliance.

HMRC provides guidance online, and professional tax advisers can assist with complex or cross-border tax matters.

Our UK Taxation Services

Our Expertise: What We Do

Income Tax

Non-Profit Tax

Payroll Tax

Self Assessment Tax

Capital Gains Tax

Value Added Tax (VAT)

National Insurance (NI)

Non-Profit Tax

Corporate Tax (CT600)