FAQs

Goldstein Accountants is a UK-based accountancy and tax advisory firm serving clients across the United Kingdom.

We provide a comprehensive range of professional services, including:

• Self assessment tax returns
• Corporation tax services
• VAT registration and VAT returns
• Payroll and PAYE services
• Bookkeeping and management accounts
• Company accounts preparation under the Companies Act 2006
• Tax planning and strategic advisory
• Business advisory services for startups and SMEs

Whether you are an individual taxpayer, landlord, contractor, limited company director or growing business, our role as experienced accountants in the UK is to ensure compliance, minimise risk and provide proactive financial guidance.

Legally, you are not required to appoint an accountant to file a self assessment tax return in the UK. However, many individuals choose to work with self assessment accountants UK-wide to reduce errors and ensure compliance.

Using Goldstein Accountants can help you:

• Identify allowable expenses and tax reliefs
• Avoid common HMRC filing mistakes
• Meet deadlines and avoid penalties
• Plan for future tax liabilities

If you have multiple income streams, property income, dividends, capital gains, or foreign income, professional support can be particularly valuable.

Important HMRC deadlines include:

• 5 October: Register for self assessment (if newly required)
• 31 October: Paper self assessment submission deadline
• 31 January: Online self assessment submission deadline and tax payment deadline
• 31 July: Second payment on account (if applicable)

For companies:

• Corporation tax must generally be paid 9 months and 1 day after the end of the accounting period
• Company accounts must usually be filed with Companies House within 9 months of the financial year end

Goldstein Accountants helps clients track and meet all UK tax deadlines to avoid penalties and interest.

UK taxpayers and businesses must maintain accurate records.

For individuals, this may include:

• Employment income details
• Dividend vouchers
• Rental income records
• Expense receipts

For businesses and limited companies, required records include:

• Sales and purchase invoices
• Bank statements
• Payroll records
• VAT records
• Asset purchase documentation

Under HMRC regulations and the Companies Act 2006, records generally must be retained for at least six years. As business tax advisors UK-wide, we can guide you on compliant record-keeping systems.

You must register for VAT if your taxable turnover exceeds the VAT threshold set by HMRC.

Once registered, you must:

• Charge VAT on applicable goods and services
• Submit VAT returns (usually quarterly)
• Maintain digital records under Making Tax Digital (MTD) rules

Goldstein Accountants assists with VAT registration, scheme selection (such as Flat Rate Scheme), VAT return preparation and compliance monitoring.

Corporation tax is payable by limited companies and certain organisations on their profits.

Profits may include:

• Trading income
• Investment income
• Chargeable gains

Corporation tax rates are set by HMRC and may vary depending on profit levels.

As experienced business tax advisors UK-wide, Goldstein Accountants ensures corporation tax returns are prepared accurately and submitted on time.

Yes. We provide full payroll and PAYE services for businesses across the United Kingdom.

Our payroll services include:

• PAYE calculations
• Real Time Information (RTI) submissions to HMRC
• Pension auto enrolment support
• Payslip generation
• Statutory payments calculations

Payroll compliance is essential, and errors can result in HMRC penalties. We ensure payroll processes are accurate and compliant.