Accounting & Taxation Service You Can Trust & Rely On
At Alliance Accountancy, we are committed to providing professional, reliable, and personalized accounting and taxation services for individuals, small businesses, and growing companies. We understand that managing finances and meeting tax obligations can be challenging, which is why our experienced team is here to support you every step of the way.
Our accounting services are designed to help businesses maintain accurate financial records and make informed decisions. From bookkeeping and financial reporting to payroll and business advisory services, we ensure your finances are well-organized and fully compliant with current regulations.
Why Choose Me
Accurate Record Keeping
Always On Time
At Always On Time, we believe that time matters. Our goal is to deliver reliable, efficient, and punctual services that you can trust every day.
Hard Working
At our core, hard work is the foundation of everything we do. We believe that dedication, persistence, and commitment lead to real results.
24/7 Availability
We understand that needs and challenges can arise at any time. That’s why we offer 24/7 availability to ensure support and service whenever you need it.
Alliance Accountancy Accounting, Audit, Tax Advisors and Business Advisory services
DAY TO DAY BOOK-KEEPING
Preparation of Final Accounts up to Balance Sheet
Prepare & File Self-Assessment Returns
VAT Returns
Non-Resident Tax Returns
At Alliance Accountancy, we provide expert assistance with Non-Resident Tax Returns for individuals who live outside the UK but earn income from UK sources. Understanding and complying with UK tax regulations as a non-resident can be complex, and our experienced team is here to ensure the process is handled smoothly and accurately.
Who Is Considered a Non-Resident?
A non-resident is someone who does not live permanently in the UK but may still have financial ties to the country. If you earn income from UK sources while living abroad, you may still be required to report this income to HM Revenue & Customs.
When Do You Need to File a Non-Resident Tax Return?
You may need to submit a tax return if you:
Receive rental income from UK property
Work in the UK while living overseas
Operate or invest in a UK-based business
Have capital gains from selling UK property or assets
Are registered under the Non-Resident Landlord Scheme
Non-Resident Tax Returns
Key Components of a Corporate Tax Return
A Corporate Tax Return provides detailed information about a company’s income, expenses, and tax liabilities for a specific financial year. Companies must submit their tax returns to HM Revenue & Customs to ensure compliance with UK tax regulations.
Basic details about the company are required, including:
Company name and registration number
Registered office address
Accounting period covered by the return
Nature of the business activities
Corporate tax returns are supported by financial statements that show the company’s financial performance. These usually include:
Profit and Loss Account
Balance Sheet
Notes explaining accounting policies and adjustments
Tax computation calculates the company’s taxable profit. This involves:
Adjusting accounting profits for non-tax-deductible expenses
Adding back disallowed costs
Applying capital allowances and tax reliefs
Businesses can deduct certain expenses to reduce their taxable profits, such as:
Business operating costs
Staff salaries and wages
Office expenses and utilities
Professional fees
Capital allowances allow businesses to claim tax relief on certain capital expenditures, such as equipment, machinery, and vehicles used for business purposes.
After calculating the taxable profit and applying allowances, the final Corporation Tax liability is determined. This is the amount of tax the company must pay to HM Revenue & Customs.
