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Paying tax

As accountants and tax advisers, we are experienced in all aspects of taxation. We also appreciate that tax can be confusing and involve some complex issues.

To make life a little simpler, we’ve produced a quick guide to the taxes that are likely to affect us in our business and private lives, including details of how to pay the various forms of tax.

This guidance is an overview only and the circumstances of each taxpayer will be different. Seeking professional advice is a wise step to ensuring that your financial affairs are as tax-efficient as possible.

Because we also understand that the current financial climate is causing real hardship, we have also included information on the government’s Business Payment Support Service, which works with businesses, the self-employed and self assessment taxpayers in financial difficulty to help them pay taxes owed to a timetable they can afford.

To find out more, click on the tax that interests you.

To find out more about how we can help you, please contact us.

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Nicholsons provides a comprehensive accountancy, audit and tax services and is a member firm registered with the Institute of Chartered Accountants In England and Wales. Nicholsons also provides a number of business support and advisory services including ; corporate finance, employee services, marketing support, business coaching, management training and consultancy. As a SAGE accountancy Partner Nicholsons also provides SAGE software, training and support.

Partners: Nigel Douglas FCA, Richard Grayson FCA, Richard Hallsworth ACA, Steve Kerby FCA, Emma Murray ACA.

Nicholsons also provides a range of financial services. Nicholsons is authorised and regulated by the Financial Services Authority. We are entered on the FSA register number 101739 at www.fsa.gov.uk/register. VAT will be applied to fees where applicable. Our VAT registration no is 128 2835 63. Accounting and taxation services and advice are not regulated by the Financial Services Authority. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. Levels, and bases of, and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor.