Tax agent

Tax agent

Everyone seeks to have his own project to increase his income, so what is the importance of having an accounting firm for your project?

Accounts Required for Business Owners

• Outgoing and incoming cash and money.
• Includes all petty cash and till money as well as contracts and invoices.
• Details of all company assets.
• Stocks owned at the end of each financial year.
• Debts and loan details.
• Stocktaking details and inventory.
• Financial statements of all incoming and outgoing goods.
• All payroll statements for companies with employees.
• Loans or mortgages secured against company assets.

Accounting is the process of collating, calculating, and organizing financial statements.

Accounting processes are used to calculate tax deductions and payments.

So is taxation part of accounting? In essence, whilst taxation always has a relationship with accounting, accounting does not always have a direct relationship with tax.

Accounting can instead fulfil many purposes. You may account for your personal earrings to work out whether or not you can afford something, or account for investments and other expenditures.

Therefore In business, though, accountancy works with all figures relating to your business. Accounting is not optional, it is a legal requirement.

What is Tax?

Taxes are payments collected from the government for a variety of social security, health, and infrastructural purposes. These include Income Tax, Corporation Tax, and Council Tax.

Tax Agent

A tax agent, has the authorization to represent taxpayers. Their duties include filing tax returns and handling payments , on behalf of individuals.

Similar to certified public accountants, tax agents can represent any taxpayer regarding any tax matters and have unlimited practice rights.

Tax agents often communicate with and advise taxpayers, making strong interpersonal skills imperative.

Tax specialists, also known as tax accountants, are therefore specialists in income tax. They can work for companies or decide to deepen their knowledge of personal taxes.

When working for a company, the tax specialist’s main role is to act as an intermediary between the company and the tax authorities.

They need to have a comprehensive understanding of tax regulations and be aware of any changes to give their clients the best advice.

Tax specialists develop strategies for companies to help them pay less tax legally.

For example, they can advise executives on the best legal structure to adopt according to their business objectives, or study the company’s activities in order to better understand its tax issues.

therefore you  need to have excellent knowledge of finance and tax laws to be a tax specialist.

We handle your financial, accounting and taxation needs so you can focus on growing your core business.

Trust our team of accounting experts to guide and support your business operations through the preparation and filing of company tax declarations, maintaining the company accounts and with the provision of treasury services.

.So, what are our services in Smart Tax?

• Tax Planning & Consultancy
• Financial Advisory Services
• Auditing & Assurance Services
• Legal Advisory Services
• Financial & Accounting Services
• Accounting Software’s Solutions

Why Smart tax?

We in Smart tax  provides a full range of accounting and bookkeeping services for companies who require a proper and complete set of financial statements including: Accounting on monthly, quarterly or yearly basis.

Our team is our utmost asset and thus they are meticulously selected to meet the challenge of a dynamic business environment.

We have a sharp client-focused culture; our known value is the importance we attach to our involvement with the best possible attention to the audit, corporate and other various matters.

Whether you’re a Small / midsize / large privately-owned business, or part of a multinational looking for Audit, Accountancy or tax specialist advice.

We provide a full range of accounting and bookkeeping services for companies who require a proper and complete set of financial statements including: Accounting on monthly, quarterly or yearly basis.