There are multiple tax consulting firms that are operating in UK who offer a wide variety of services on matters relating to tax, making the experience a soothing one. United Kingdom is regarded as one of the few countries in the world who have a sound tax filing system that is properly executed by the government. The government over there is very keen in making the country an economic powerhouse so that the nation develops without any hindrance. It was for this policy UK, survived the global wrath of economic meltdown that even crumbled the base of world’s leading developed nations. The rigid policy implemented by the government made taxation experience of the people a matter of concern. However, to deal with this problem, there are many financial firms who offer an extensive list of services under one roof for easing down the stigma of complexity from the hearts of the people. This article aims in making people throw some light on basic concepts relating to tax. Taxes are of different kinds. Its services and treatment varies to an extensive range. Thus, it is very essential in understanding the right kind of dose for selecting services from these available firms. Direct Taxation: Direct Tax is the tax that is paid directly to the government by the persons on whom it is imposed. It can never be shifted onto some other persons. The best examples of direct taxes include income tax and property tax. However, direct tax is often accompanied by a tax return filing by the taxpayer! The investment firms provide the best Tax Consulting Services in UK under direct taxation. Their services mainly include: • Direct Tax Services • Fringe Benefit Tax • Double Taxation Avoidance Agreements • International Taxation Tax Consultancy Services for Corporate Clients: With complete functional know how of ERP (SAP/ CODA/ Oracle etc), undertake Direct Tax services for corporate clients, most of these firms provide tax services for corporate clients that includes: • Day-to-day tax matters, which includes replying to various tax notices and providing necessary tax support on regular tax matters. • Efficient management of tax records and reports in both the soft and hard files including documentation as per SOX. • Tax compliance including advance Income tax and Fringe Benefit Tax calculations & deposits, TDS compliance, filing of returns etc. • Compilation of tax details for audit and supporting the auditors. • They act in providing all important information to statutory auditors or management auditors in relation to tax concerning matters. These are only some of the services that the financial firms provide. However, their services range to other aspects as well. With these available services, the tax filling experience has become a soothing one for the people of UK. To add more to it these firms have extended their services to global scale. About Mantaxconsulting: Mantaxconsulting provide the best payroll services in London. It is the leading and best Tax Consulting Services in UK. They have an in house of best auditors, accountants and tax advisors whose professional services make the people feel relieved from the sting of rigid financial practice.
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