Absolutely. After you've paid the one-off fee, you'll be matched with an accredited accountant. You can communicate with them directly through the TaxScouts platform or via email at your convenience. Your accountant will respond to your messages promptly.

If you require more in-depth assistance, you can schedule a 30-minute tax advice consultation call with your accountant for an additional fee. Otherwise, feel free to message them through the platform as much as you need.

For any preliminary questions, our support team is readily available to assist you at no extra charge.

No, VAT returns are not included in the standard service fee. However, AJH Accountant offers comprehensive VAT return services to assist you with your VAT obligations. If you require assistance with VAT returns, please contact us directly, and we will provide you with a tailored quote to meet your specific needs.

Yes, at AJH Accountant, your dedicated accountant will manage and file your company tax return on your behalf. After you review and approve the prepared documents, we will:

• Prepare and Submit Year-End Accounts: We compile and file your statutory accounts with both HM Revenue and Customs (HMRC) and Companies House, ensuring compliance with all regulatory requirements.

• File the Appropriate Tax Return: Depending on your business structure, we will prepare and submit either your Corporation Tax Return (CT600) or Partnership Tax Return (SA800) to HMRC.

Our comprehensive service ensures that all filings are accurate and timely, providing you with peace of mind.

To accurately prepare and file your company's tax return, AJH Accountant requires the following documents:

• Bank Statements: Comprehensive records of all company bank accounts for the relevant financial year.

• Bookkeeping Records: Detailed financial records, preferably exported from accounting software, encompassing all transactions.

• VAT Records: Documentation of VAT transactions and returns, applicable if your company is VAT-registered.

• Previous Year's Financial Documents: Copies of the prior year's tax return, year-end financial statements, and associated bookkeeping records.

• Payroll Documentation: Records related to employee salaries, PAYE submissions, and National Insurance contributions, if applicable.

• Loan and Credit Agreements: Details of any company loans, credit facilities, and corresponding repayment schedules.

• Funding and Investment Documents: Information on grants, investments, or other funding received during the financial year.

• Asset Registers: Listings of company assets, including acquisition dates, costs, and depreciation schedules.

Additionally, please provide:

• Previous Accountant's Contact Information: If available, to facilitate the transfer of historical financial data.

• Companies House Authentication Code: Required for electronic submissions to Companies House.

• Company Unique Taxpayer Reference (UTR) Number: Issued by HM Revenue and Customs (HMRC) for tax identification purposes.

Providing these documents ensures a thorough and compliant preparation of your company’s tax return. For further assistance, please contact our support team.

To facilitate efficient and accurate preparation of your financial statements and tax returns, please provide your accounting records through one of the following methods:

1. Grant Access to Your Bookkeeping Platform:

   • If you utilize accounting software (e.g., QuickBooks, Xero, Sage), invite your assigned AJH accountant to access your records directly.
     • For QuickBooks Online:
       • Sign in as the primary admin.
       • Navigate to Settings ⚙️ > Manage Users.
       • Select the Accountants tab.
       • Enter your accountant's email address and send the invitation.
       • Your accountant will receive an email to accept the invitation and gain access to your records.
       • QuickBooks
     • For Sage:
       • Log in to your account.
       • Click on your business name in the upper right corner and select Manage Business Account.
       • Enter your accountant’s Sage email address and send the invite.
       • Your accountant can then access your data through their Accounting Partner Edition.
       • Sage Help

2. Provide Records via Spreadsheet:

   • If you do not use accounting software, compile your financial data into a spreadsheet, including:
     • All business expenses.
     • Income details.
     • Bank reconciliation statements for the fiscal year.
   • Ensure the spreadsheet is comprehensive and organized to facilitate accurate processing.

For further assistance or to discuss alternative methods of sharing your records, please contact our support team. We are committed to accommodating your preferences to ensure a seamless collaboration.

In the UK, the terms "dormant" and "non-trading" describe companies with minimal or no business activities, but they have distinct definitions and implications:

Dormant Company

A company is considered dormant if it has no significant accounting transactions during a financial year. This means it has not engaged in any business activities such as buying, selling, renting, advertising, employing staff, or earning interest. Dormant companies are typically:

• Newly incorporated entities that have not yet commenced trading.
• Companies formed to hold assets without active trading.
• Previously active companies that have ceased all trading activities.

For Companies House purposes, a dormant company must file dormant accounts but is exempt from filing a Corporation Tax return with HM Revenue and Customs (HMRC) as long as it remains inactive.

Non-Trading Company

A non-trading company, also referred to as an inactive company, is one that is not currently engaging in business activities but may still have financial transactions, such as:

• Earning investment income.
• Incurring expenses like rent or bank charges.

Non-trading companies may have ceased active operations but continue to conduct minimal transactions. Unlike dormant companies, non-trading companies are generally required to file both annual accounts with Companies House and a Corporation Tax return with HMRC, even if no tax is owed.

Key Differences

• Transactions: Dormant companies have no significant accounting transactions, while non-trading companies may have limited financial activities.
• Filing Requirements: Dormant companies file dormant accounts with Companies House and are usually exempt from Corporation Tax returns. Non-trading companies must file both annual accounts and Corporation Tax returns.
• Tax Obligations: Dormant companies are not liable for Corporation Tax, whereas non-trading companies may be, depending on their financial activities.

Understanding these distinctions is crucial for compliance with UK regulations. If you need assistance in determining your company's status or fulfilling statutory obligations, AJH Accountant is here to help.