Accountants for Gillingham, Kent
Gillingham is the largest of the Medway towns, and much of its business life is made up of small, owner-run firms. Plumbers, electricians, builders and decorators, hair and beauty salons, takeaways, cleaners, driving instructors and couriers all keep the town moving, alongside a growing number of landlords and small limited companies. Our job is to take the accounting and tax off your hands so you can get on with the work.
Sole traders and the self-employed
If you work for yourself, your main obligation is usually a Self Assessment tax return each year, plus payments on account once your tax bill passes a certain level. We'll make sure your income is recorded correctly, claim allowable expenses such as van costs, tools, phone and use of home, and tell you in good time what you owe and when.
Making Tax Digital for Income Tax also now applies to many self-employed people and landlords, with more being brought in over the next few years. We can tell you when it will affect you and help you choose simple software to keep digital records and send quarterly updates.
Trades and construction
Many Gillingham tradespeople work under the Construction Industry Scheme. If deductions are taken from your pay, you may be due a refund once your expenses and allowances are considered. Our CIS tax refund service reviews your payment and deduction statements and claims any overpayment through your return or, for companies, through payroll submissions.
What we can do for you
- Self Assessment and partnership tax returns.
- Limited company accounts, Corporation Tax and confirmation statements.
- VAT registration and quarterly returns.
- CIS returns for contractors and refunds for subcontractors.
- Payroll for small employers.
- Rental income accounts for landlords.
Behind with your tax?
If you've missed a return or can't pay a bill in full, the most important thing is to act quickly. Penalties and interest build up over time. We can bring missing returns up to date and, if needed, help you approach HMRC about a payment plan through our Time to Pay support.
Getting started
Use our enquiry form to tell us what you do and what you need. We'll reply with any questions and a clear quote, then arrange everything with your previous accountant if you have one.
Clear fees and clear deadlines
Before we start, we'll send a written quote setting out exactly what's included, so there are no unexpected bills. Throughout the year we'll remind you what we need and when, and once your return is prepared we'll tell you how much tax is due, the payment date and how to pay. If anything changes in your work, such as taking on staff or registering for VAT, let us know and we'll explain what it means for you.
Around Medway
We work with clients across Medway, including Chatham, Rainham and Rochester, and along the Thames to Gravesend.
Accountants in Gillingham: common questions
What expenses can a self-employed tradesperson claim?
Common costs include tools, materials, van running costs or mileage, protective clothing, insurance, phone and a proportion of home costs if you do admin from home. Expenses must be wholly and exclusively for the business. We'll go through your costs and make sure nothing allowable is missed.
I've missed my tax return deadline. What happens now?
HMRC charges a late filing penalty, which increases the longer the return is outstanding, and interest on any tax paid late. Filing as soon as possible limits further penalties. We can prepare the overdue return quickly and explain your options if you can't pay the full amount.
How long does a CIS refund take?
It depends on how and when the claim is made and whether HMRC carries out checks. Including everything accurately on your Self Assessment return, with matching payment and deduction statements, gives the best chance of the claim being processed without queries.
Do I need an accountant if I only have one rental property?
Not necessarily, but we can make sure your expenses are claimed correctly and that finance costs are treated under the current rules. We'll also let you know if Making Tax Digital will apply to you.