Self-Assessment results in the responsibility of calculating individual tax falling on the individual. The main individuals responsible to complete self-assessment returns are:
Corporation Tax is the tax payable won a company’s taxable profit. It is calculated after deducting various items from a company turnover, mainly:
Value Added Tax (VAT), is a tax incurred by every business whose turnover exceeds the registration limit, which is to be accounted for by all voluntary registered business and those with turnover above the limit.