Accountancy Services
Our founder has over 20 years’ experience working in HMRC as well as having professional tax qualifications. All of our staff have either HMRC or an accountancy background.
Professional Relationship built on trust
At Lexicon Tax, we’re not here just to prepare your accounts and submit your tax returns. We are here to help build a working relationship to help you grow and succeed by ensuring you keep as much of the pie for yourself rather than the taxman.
We take pride in being our client’s accounting partner to help them grow whilst reducing the burden when it comes to dealing with the bookkeeping and filing your accounts and tax returns. HMRC says ‘tax doesn’t have to be taxing’. Unlike the HMRC slogan, we understand it can get complicated and too much to keep on top of it all. That’s why we’re here. Let us take the stress away from you in relation to tax and you can get back to doing what you do best and have passion for; running your business.
We are ‘Jargon Free’
We communicate with our clients in easy to understand plain English so that our clients can grasp their accountancy and tax obligations.
So don’t put yourself through stress and headache trying to work out where to start. Give us a call for a free no obligation chat on 0114 4000192 to see how we can make your life easier.
Are you a New Business?
If you’re a new business who has recently started; or are thinking of starting a new business, take a look at our ‘starting a business’ section for help and support. Or give us a call and we’ll talk you through what you need to be aware of, what you’ll need to do, and how we can help make it easier for you to get the business off the ground. Leave it to us to reduce the burden when it comes to dealing with your tax affairs.
We can help with the following services:
- Register your business with HMRC
- Record keeping advice tailored to your business
- Provide you with software options to keep records to make your life easier
- Prepare your business accounts
- Submit Self Assessment returns for sole traders and Partnerships
- Tax refunds for those working as sub-contractors under the Construction Industry Scheme (CIS)
- Landlords and property rental income accounts
- Register a new company with Companies House (free of charge for clients)
- File Companies House Confirmation Statements and Accounts
- Submit Company Tax Returns
- Deal with your Value Added Tax (VAT) obligations and file returns
- Capital Gains Tax advice and returns submission
- Residential Property Capital Gains Tax Computation and filing
- Non Resident Landlords (NRL) and Non Resident Capital Gains Tax (NRCGT)
- Dealing with Inheritance Tax and Probate
- Refer you to approved mortgage advisors
- Recommend approved web and graphic designers to help your business grow with a new website or marketing materials
- Married Couples Allowance Tax Refunds
- Deal with all aspects of employing someone from setting up Pay as You Earn (PAYE) scheme with HMRC, payslips, tax and national insurance deductions, filing Real Time Information (RTI) and PAYE returns to HMRC, setting up and running a pension scheme for you and your staff and dealing with any government grants.
We can also deal with all aspects of employing someone from setting up Pay as You Earn (PAYE) scheme with HMRC, payslips, tax and national insurance deductions, filing Real Time Information (RTI) and PAYE returns to HMRC, setting up and running a pension scheme for you and your staff and dealing with any government grants.
Core Services
Sole traders accounts | Payroll | CIS contractor returns | VAT | Limited Companies/LLP’s/Partnerships
Bookkeeping
VAT registered and all company clients on our premium service will be offered free software to do their own bookkeeping which complies with HMRC Making Tax Digital requirements of the present and future. This gives you the tools required to meet HMRC requirements and keep on top of your books. If you need us to look after your bookkeeping, we can do this for you too.
CIS
Self employment pages and any PAYE, interest and dividends etc included. Get your tax refund for a fixed price. Unlike some accountants out there, we don’t take a percentage of your tax repayment. We also have the tax refund sent directly to your bank account to avoid delays. Fixed annual fee from £199.
Landlords
We specialise in dealing with property taxes. Whether you have one buy to let property or a portfolio of commercial, residential or mixed use properties. We can deal with all tax compliance as well as advice and tax planning. We also specialise in foreign investors and non resident landlords.
Capital Gains
Residential property Capital Gains Tax (including Non Residents) – Residential property sales where a Capital Gains Tax return needs to be completed must be done within 60 days of the sale and any tax also paid within 60 days.
SA filing
SA filing and tax advice for exercising Share options – We specialise in all different types of Share Options Schemes. Contact us for a quote.
Tax Consultancy
This will be charged by the hour or we offer fixed price packages for our tax advice services.
We can help with a range of issues such as: Basic tax advice or business development advice, Tax investigation into a single compliance issue or single tax, Tax investigation into cross tax issues, Voluntary evasion disclosures and Complex and fraud investigation and disclosure related consultancy.
