The UK is Making Tax Digital

Providing unrivalled customer service

Since day one Smithe & Co, based in Chichester have been providing expert advice and accountancy services to both corporate and individual clients.

Since the day one Smithe & Co, based in Chichester have been providing expert advice and accountancy services to both corporate and individual clients.

As of 2021, businesses with a turnover above the VAT threshold of £85,000 must keep digital records as part of a “Making Tax Digital” Government scheme.

Since the changes, businesses must submit their VAT returns using MTD-compatible software.

Further MTD requirements for income and corporation tax will be phased-in and adapting to these changes takes time. Our accountants research and keep up-to-date with legislative changes so you don’t have to.

Self Assesment

Our tax services make sure that your tax liability is calculated, taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.

Corporation Tax

Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when considering possible exemptions, allowances, and deductions.

 We will thoroughly review and prepare corporation tax returns in great detail to ensure that you are compliant and that you don’t incur any penalties.

Capital Gains Tax

You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.

Persoanl tax Planning

Smithe & Co can help with the complex issue of tax; we know it can be difficult to understand, which is why we're here to help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.

Our Services

Accounting and Compliance
Personal and Business Tax
Bookkeeping & management accounts
Internal Audit and Independent Examinations
Payroll
Business Start-up
The UK is Making Tax Digital