HMRC Compliance Statement
Business Accounting and Tax Limited is committed to full compliance with UK tax legislation and the requirements of
HM Revenue & Customs.
We support our clients in meeting their tax obligations accurately and on time, and in accordance with current UK law.
Making Tax Digital (MTD)
We support clients in complying with Making Tax Digital for Income Tax
requirements.
This includes:
- Maintaining digital records
- Using HMRC-recognised software
- Submitting quarterly updates where required
Preparing Final Declarations
We provide guidance on suitable software solutions, including free and paid options depending on your business needs.
Professional Standards
We are regulated by the Association of Chartered Certified Accountants and comply with its professional and ethical standards.
This includes adherence to the principles of:
- Integrity
- Objectivity
- Professional competence and due care
- Confidentiality
- Professional behaviour
Approach to Tax Planning
We provide tax advice that is compliant with UK legislation.
We do not promote or engage in tax avoidance schemes or arrangements that seek to circumvent the intent of the law.
All advice is based on current legislation and established HMRC guidance.
Anti-Money Laundering Compliance
We comply with the Money Laundering Regulations and are required to carry out identity verification and due diligence procedures.
This may include verifying your identity, business activities and source of funds.
We are legally required to report any suspicions of money laundering or terrorist financing to the appropriate authorities and are prohibited from informing you where such a report has been made.
Working with HMRC
We work with HMRC systems and approved software to ensure accurate and timely submissions.
Where appropriate, we act as your authorised agent and communicate with HMRC on your behalf.
Our Commitment
We are committed to:
- Providing accurate and compliant tax reporting
- Helping clients understand their obligations
- Supporting clients through changes such as Making Tax Digital
- Maintaining high professional and ethical standards at all times