

Statutory end of the year account.
It is extremely time-consuming to prepare end of year accounts, and you don't have such luxury to waste manpower. How about entrusting this to an accounting firm with decades of customer success experience? Fasemah was created for this.

Corporation Tax
Corporation tax varies for different sectors. It is important you are abreast of taxation changes and policies. Let's do the handwork for you. For instance, The normal rate of corporation tax is 19% on profit, while Oil and Gas companies are taxed 30%; However, a new 25% EPL tax on Oil&Gas profits is temporary until 31st Dec. 2025. We are current, this is why you need us.

Partnership Tax
We have helped our clients avoid double taxation. Partners in firms are taxed on their share of the profits of the firm for the tax year, and the basis of tax is similar to that for the self-employed. Partnership Income Tax return uses an SA800 form to declare these finances and tell HMRC how profit has been split. We would like to tell you more about this, kindly get in touch.

Bookkeeping
Bookkeeping has never been better built and managed elsewhere. At Fasemah, we understand how much value, and bargaining strength that a finely and professionally built bookkeeping can offer large corporations and small business owners, this is why our dedicated accountants take time to customize books as it is considered relevant to the sectors specific to our clients'.

Payroll service
if payroll goes wrong, you’ll have both internal and external issues to deal with – and possibly fines to pay. It can really get complicated. Sick pay, maternity pay, loans, salary sacrifice schemes and tax code changes all contribute to the complexity of even a small business’s payroll function. Let's bear this burden. Our training made us adequate for the job. Get in touch today.

Management Accounting
From basic invoicing and billing, to tax calculations, to financial data security to project management, cutting-edge softwares have made it possible to seamlessly manage accounts. We can help deploy these software in your workplace or manage your existing ones. We experts in Xero and QuickBooks. Get rid of papers. Save our trees and save the planet.

Self-assessment Tax returns
Self-assessment Tax Returns can be very confusing if you’ve never done them before, and if you are unsure of what to do you could get into the risk of paying too much tax or incurring an expensive penalty.

VAT/CIS Returns
I am sure you know that CIS returns must be submitted by the 19th of every month, with the details of the previous tax month's activities. A tax month starts on the 6th of one month and ends on the 5th of the following month. So, if you make a CIS return for the tax month 6th June to 5th July, the deadline to submit it will be the 19th July. We are dynamic and ahead of trends. Reach us today.

Filing with HMRC and Companies House
Did you know HMRC penalties can be up to £1600 with a percentage addition of the tax liability dependent on the reason for the delay of information for late returns OR up to 100% of your tax liability for mistakes? Get in touch and save yourself these worries.
Here are possible scenarios and why you may need Fasemah Accountants.

Is it becoming difficult to manage Payroll?
We are specialized in helping your business manage your recurrent and automate where necessary.
Are you being taxed more than necessary?
We have helped our clients cut down excesses in the past and design a healthy cashflow management.
Is it becoming time-consuming to manage your accounting needs?
80% of clients who engaged our services have reported 35% to 55% increase in revenue due to heightened focus on revenue-generating activities.
Are you always caught up with deadlines and penalised?
As you are aware, taxation policies are continuously changing in the UK. Some come with complex clauses. We are ahead of trends and active actors. Give us a call.