Capital Gains Tax

The Capital Gains Tax (CGT) results from gains made when selling, giving away or disposing of assets you own that have increased in value. Most often, this includes but is not limited to share capital of a business or significant personal assets such as a home.

Construction Industry Scheme (CIS)

The Construction Industry Scheme (CIS) sets out the special tax rules for subcontractors who work in the construction industry and how payments must be handled by contractors. Whether you are a contractor or subcontractor, we can help make sure you abide by CIS regulations.

Corporate TAX

An Accounting Gem have got every base covered; as well as managing the tax compliance obligations of companies, we also provide a corporate tax advisor service. We can plan meetings before the year end in order to commence tax planning.

Fee Protection

Protection from the fees for dealing with Tax Return enquiries by HMRC. We take producing your personal tax returns, you could be selected for an investigation by the tax authorities involving complex, intrusive questions and a tax inspector trawling through your records.

Making Tax Digital

Making Tax Digital What is it? Making Tax Digital or MTD as it’s sometimes called, is the government initiative to make sure that all businesses or individuals who pay tax, do so on a digital platform, putting an end to paper accounting.

Meet Xero

As you might have guessed, we take technology very seriously here at An Accounting Gem Ltd. We seek out and utilise only the best in class software that can make a real impact to the way businesses operate. No gimmicks, no flash in the pan trends.

Personal Tax

Whether you are fortunate enough to enjoy substantial wealth or have much more modest assets, you will have one priority in common: you’d prefer not to pay more tax than you have to. An Accounting Gem recognise that many people could benefit from expert advice to help them through this process.

Self Assessment

Self-assessment has undoubtedly become more onerous and complicated; furthermore there is a requirement to file within deadlines and to calculate tax liabilities for the Inland Revenue. Many taxpayers struggle to understand the complex tax returns and complete them correctly.

VAT Returns

As a limited company owner operating in the UK, you are responsible for your company’s VAT return, due every 3 months. Once you’re registered you will have to use the VAT return to show how much VAT you’ve charged on your sales, minus the amount deductible on your purchases.

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