Comprehensive Accounting and Tax Services: The Complete Package:

At MW Tax, we provide a complete accounting and tax service tailored to meet all your business needs. Whether you’re a small business owner, a sole trader, or corporation, our full-service package includes everything you need to ensure your business is running smoothly, efficiently, and compliantly.

We understand that managing financial records, tax returns, VAT, and payroll can be overwhelming. That’s why we’ve created a one-stop solution for businesses and individuals alike—helping you focus on growing your business while we handle your financial and tax obligations.

​Our Full-Service Package Includes:

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1. Bookkeeping Services:

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• Accurate Record-Keeping: We handle all aspects of your business’s bookkeeping, ensuring every transaction is recorded accurately and on time. From managing income and expenses to reconciling bank accounts, we provide you with organized financial data that’s easy to understand.

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• Financial Clarity: We help you track and categorize every aspect of your finances, giving you a clear picture of your business’s financial health. This allows you to make informed decisions and plan for future growth.

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• Compliance with Regulations: Our bookkeeping services ensure compliance with all relevant accounting standards and tax regulations, so you avoid penalties and stay on top of your financial obligations.

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2. VAT Services:

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• VAT Returns and Filing: We manage your VAT returns, ensuring they are accurate and filed on time with HMRC. Our team ensures you’re fully compliant with Making Tax Digital (MTD) regulations, so you don’t have to worry about missing deadlines or submitting incorrect information.

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• VAT Advice and Planning: We help you navigate the complexities of VAT, advising on the best VAT schemes for your business and ensuring that all VAT payments are correctly calculated and recorded.

• VAT Registration: If your business needs to register for VAT, we’ll handle the entire process, ensuring a smooth and seamless registration experience.

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3. Financial Services:

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• Profit and Loss Statements: We prepare accurate and detailed profit and loss statements to track your business’s income and expenses, helping you assess profitability and performance over time.

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• Balance Sheets: Our team creates clear balance sheets that reflect your business’s financial position, helping you understand your assets, liabilities, and equity.

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• Cash Flow Management: We help you monitor cash flow to ensure that your business has the liquidity it needs to meet its obligations and continue growing. With up-to-date financial reports, you’ll always know where your business stands financially.

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4. Payroll Services:

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• Pay As You Earn (PAYE) Management: We handle the calculation and submission of PAYE deductions for tax and National Insurance, ensuring that your employees’ wages are processed accurately and in compliance with HMRC requirements.

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• Real-Time Information (RTI): We manage all your payroll-related RTI submissions, making sure that all employee pay, deductions, and benefits are reported in real-time to HMRC, as required by law.

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• Employee Benefits and Deductions: From pension contributions to student loan repayments and salary sacrifices, we manage employee benefits and deductions accurately, ensuring full compliance and up-to-date reporting.

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5. Corporate and Personal Tax Returns:

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• Corporate Tax Returns: We ensure that your business complies with corporate tax regulations, preparing and submitting your company’s tax returns on time. We work to minimize your tax liability by identifying eligible deductions, allowances, and credits, so you pay the least amount of tax possible.

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• Personal Tax Returns: Whether you're a sole trader or have other personal income, we prepare and submit your personal tax return to ensure compliance with income tax laws. We help you claim all available tax reliefs and allowances to reduce your personal tax liability.

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• Employers are required to submit monthly or quarterly payroll information to HMRC. This includes payroll reports, P60s, and P11D forms for tax year-end reporting.

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• Businesses must keep detailed payroll records, including employee pay rates, tax deductions, and benefit information, for at least 3 years in case HMRC needs to audit the payroll records.

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6. Company Incorporations:

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• Company Formation: Whether you’re looking to set up a new company or reorganize your business structure, we offer professional company incorporation services. We help you navigate the process of forming a limited company, ensuring all paperwork is filed with Companies House.

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• Choosing the Right Business Structure: We advise you on the best type of business structure for your needs—whether it’s a private limited company (Ltd), partnership, or other structures—so you can make the right choice based on your goals and future plans.

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• Registering with HMRC: Once your company is incorporated, we’ll register it with HMRC for tax purposes, ensuring that your business is set up correctly for VAT, PAYE, and other relevant taxes.

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• Ongoing Company Secretarial Services: We offer ongoing company secretarial services to ensure your business remains compliant with the Companies Act. We handle the filing of annual accounts, confirmation statements, and any changes to company details with Companies House.​​