There are still options available to companies outside the criteria. You might try contacting an independent accountant who will offer fixed fees so that the price is clear from the start, rather than having ongoing charges which can soon mount up without you realizing it’s happening. There should also be no additional charges for submitting tax returns online through software.
Here are some ways to save money on your business. One of the most important things you can use online accounting software or cheap Company Tax Returns if your business qualifies. If you have employees, it’s a legal requirement that you file correct tax returns by the deadline every year. But if your business is small, with one person working in it alone, there are options available to keep costs low without putting quality at risk.
Cheap Firm Tax Returns – What are they?
First of all, what are cheap firm tax returns? These are online services for businesses that qualify for them, designed to meet specific size and turnover per-annum criteria. They’re not free, but they will save you money.
What are cheap firm tax returns?
Finding a cheap company tax return service or accountant can be difficult. Make sure you shop around before making a final decision about who to work with. There’s no point in going for a cheap option if it ends up being full of hidden charges and will cost more after all! Cheap Company Tax Returns might be an option for your business if:
You have just started up the company – then you may qualify for free company filing software. This is usually available from HMRC (Her Majesty’s Revenue Service), depending on when you got your trading license. Suppose you haven’t already registered as self-employed. In that case, this could quickly be completed on an online website in a matter of minutes and is a much cheaper option than going down the traditional accountant or tax filing route.
You have been running for between one and four years – then you may qualify to submit your company tax return and accounts online via an authorized agent. You can do this yourself if you wish, but it’s probably worth paying an expert to check over your work for accuracy before submitting it.
You have up to ten employees – then there are several websites offering very cheap business accounting services.
The best thing about these services is that they can be used as often as you like, and there is no pressure to upgrade. If your business grows and you no longer qualify for free or cheap accounting, you could always switch to a full-on accountant later on.