Professional Tax Services and Tax Advice.

Professional tax services and advice are specialized offerings from qualified tax experts to ensure individuals and businesses comply with tax laws.

Professional Tax Services and Tax Advice2026-03-29T07:54:07+01:00

UK Professionals Tax Service

How Our Tax Service Helps

Our professional tax services help individuals and businesses manage taxes with accuracy and confidence. We handle tax planning, tax return preparation, and full tax compliance with current laws.

We identify deductions, credits, and tax-saving opportunities to reduce liabilities. Our team provides clear guidance based on your financial goals. We help you avoid penalties and stay compliant year-round.

What is Included in Our Professional Tax Service

Our tax service includes personal and corporate tax return preparation with accurate calculations and timely submission. We ensure full HMRC compliance to reduce penalties and reporting risks. We provide strategic tax planning to identify eligible deductions, reliefs, and allowable expenses. We manage tax preparation, filing, planning, and compliance in accordance with current HMRC regulations. 

Outsource Your Accounting Needs to Best
Accountants In The UK

Startup

£109.99/Month

Best Accounting Package for Startups

  • Quarterly Financial Statement
    Preparation
  • Annual Filings -Micro entity Filings

  • Basic Tax Advice and Planning

  • Dedicated Account Manager

Enterprise/ Most Popular

£249.99/Month

Recommended for Growing Businesses

  • Monthly Financial Statement
    Preparation
  • Annual Filings -Full Filings

  • Advanced Tax Advice and Planning

  • Dedicated Senior Account Manager

Reach Via Phone

Why Choose Xact+ Accountants for Tax Services

Trusted By Many Businesses.

“Xact+ Accountants have been an important asset in streamlining our tax management, filings, and bookkeeping processes. Their expertise in UK tax regulations, combined with their exceptional bookkeeping services, ensures that our company remains…”

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Monica P

“I’ve had the pleasure of working with Xact+ Accountants, and it’s been an exceptional experience. Their team delivers a service that’s not only professional but also incredibly friendly. They’ve proven to be invaluable advisors in everything related to tax, finance, and dealings with HMRC…”

testimonial femal

Jintana Khieochaum

“We’ve been with Xact Accountancy for almost two years, and we’re thoroughly impressed. From handling state confirmations to accounts, they excel in every detail. Their problem-solving skills are exceptional, always finding the best solutions. They’ve made my business…”

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Anass Ouchou

Helping You Make Smarter Financial Decisions

We support UK businesses, directors, and individuals with clear, reliable accounting and tax solutions. From compliance to strategic planning, our expert team helps you stay in control and move forward with confidence.

Frequently Asked Questions

What is the difference between financial accounting and management accounting?2026-04-02T15:32:09+01:00

Financial accounting produces statutory reports, such as annual accounts and tax returns, that are filed with Companies House and HMRC. Management accounting produces internal reports, such as cash flow forecasts, budgets, and profit analysis, used by business owners to make informed decisions.

Is Xact+ regulated by a professional accounting body?2026-04-02T15:31:49+01:00

Yes, Xact+ accountants hold qualifications from the Institute of Chartered Accountants in England and Wales (ICAEW) and the Association of Chartered Certified Accountants (ACCA). Both bodies require members to meet ongoing professional development standards and operate under a strict code of ethics, giving clients confidence.

How do Xact+ accountants handle bookkeeping for established small businesses?2026-04-02T15:31:28+01:00

Xact+ accountants manage bookkeeping by recording all income and expenditure, reconciling bank statements, categorising transactions, and preparing monthly accounts. All bookkeeping is carried out using Xero or QuickBooks, and clients receive regular financial reports.

What is Corporation Tax, and when does a UK limited company need to pay it?2026-04-02T15:31:09+01:00

Corporation Tax is the tax a UK limited company pays on its annual taxable profits. The current main rate is 25% for profits above £250,000, with a small profits rate of 19% for profits up to £50,000. Companies must file a Corporation Tax return with HMRC within 12 months of the accounting period end and pay any tax owed within 9 months and 1 day. Xact+ accountants prepare and submit Corporation Tax returns on behalf of clients.

What accounting software does Xact+ accountants use to manage client accounts?2026-04-02T15:30:46+01:00

Xact+ accountants use Xero and QuickBooks, two of the most widely used cloud accounting platforms in the UK. Both platforms allow clients to view their financial data in real time, track income and expenses, and access reports from anywhere. Xact+ manages the setup, ongoing bookkeeping, and reconciliation within the chosen platform.

Can a non-UK resident hire a UK chartered accountant to manage their business accounts?2026-04-02T15:29:59+01:00

Yes, Non-UK residents can hire a UK chartered accountant to manage all accounting and tax obligations for a UK-registered company. Xact+ works with overseas clients to handle Corporation Tax and annual filings with Companies House and HMRC. Without the client needing to be physically present in the UK.

How much does it cost to hire a chartered accountant for a small business in the UK?2026-04-02T15:29:33+01:00

The cost of a chartered accountant for a small UK business varies based on the services required. A basic bookkeeping and annual accounts package typically starts from a few hundred pounds per year. A full-service package covering VAT, PAYE, Corporation Tax, and management accounting is priced higher. Xact+ offers fixed, transparent pricing with no hidden fees. Contact the team for a tailored quote.

What is PAYE, and when does my business need to set it up?2026-04-02T15:29:20+01:00

PAYE (Pay As You Earn) is the HMRC system through which employers deduct Income Tax and National Insurance from employee salaries before payment. A business must register for PAYE before the first payday. Xact+ sets up PAYE registration with HMRC and manages monthly payroll submissions to keep your business fully compliant.

Do I need to register for VAT as a new UK business?2026-04-02T15:29:04+01:00

Yes, you must register for VAT with HMRC if your taxable turnover exceeds £90,000 within any 12 months. You can register voluntarily before reaching that threshold. This can be beneficial for reclaiming VAT on business expenses. Xact+ handles VAT registration and ongoing VAT returns on your behalf.

What does a professional chartered accountant do for a small UK business?2026-04-02T15:28:22+01:00

A professional chartered accountant manages financial functions for a small UK business include tax compliance, financial accounting, payroll (PAYE), and management reporting. Xact chartered accountants also handle VAT registration, Corporation Tax filing with HMRC, and year-end accounts. That business owners can focus on running the company rather than meeting deadlines.

Is corporation tax treated as a business expense?2026-03-30T17:23:16+01:00

No, corporation tax never counts as a deductible business expense ever. Corporation tax services deduct only allowable trading costs before calculating taxable profits.

Do dividends fall under corporation tax?2026-03-30T17:22:54+01:00

No, dividends are paid from after-tax profits, so they avoid corporation tax directly. Corporation tax services calculate profits first, then advise on dividend tax for shareholders.

Can I reduce the amount of corporation tax my company pays?2026-03-30T17:22:50+01:00

Yes, claim R&D credits, capital allowances, and losses to lower corporation tax. Corporation tax services maximize reliefs strategically to reduce company tax bills legally. 

Do I need to file a company tax return even if my company made no profit?2026-03-30T17:20:49+01:00

Yes, all companies file company tax returns regardless of profit or loss. Corporation tax services prepare nil returns accurately to maintain HMRC compliance and avoid penalties completely. 

How long do I have to pay corporation tax after filing with Xact+ Accountants?2026-03-30T17:20:27+01:00

You have to pay corporation tax nine months after the accounting period ends for most companies. Corporation tax services file returns twelve months after, and manage payments and deadlines through secure systems. 

What is a payroll accounting example?2026-03-30T16:53:45+01:00

A payroll accounting example is processing a monthly pay run for an employee earning £3,000 gross per month. The payroll accountant calculates income tax under the correct tax code, deducts employee National Insurance contributions, processes the employer NIC liability, calculates any pension deductions, and records the net pay figure — then files the FPS with HMRC before the payment date.

What does a payroll accountant do?2026-03-30T16:53:28+01:00

A payroll accountant manages the complete payroll function for a business. This includes calculating employee wages, processing PAYE and National Insurance deductions, filing RTI submissions with HMRC, managing statutory payments, handling auto-enrolment pension contributions, producing payslips, and completing year-end reporting including P60s and P11Ds.

How much is SSP per day?2026-03-30T16:53:14+01:00

SSP is calculated by dividing the weekly rate by the number of qualifying days in a week. Based on the current 2025/26 rate of £116.75 per week, the daily SSP rate for an employee working 5 days a week is £23.35 per day. Qualifying days are the days an employee is contracted to work.

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Our Financial Services

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Self Assessment Tax Returns

Payroll Service For  Small Business

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