Individual Tax (SA100)
Applies to individuals and income from jobs, self-employment, investments, and property. Individuals must file a Self Assessment tax return (SA100) annually.
Corporate Tax (CT600)
Applies to UK companies on their profits. Companies file annual accounts, a Confirmation Statement, and a Corporation Tax Return (CT600) with HMRC.
Non-Profit Tax
Applies to registered charities and their income. Charities file annual accounts with the Charity Commission and comply with HMRC reporting.
VAT filing
A tax on goods and services sold by VAT-registered
businesses. They must submit VAT returns regularly to
HMRC.
Payroll Tax
Deductions from employee wages for National Insurance, Income Tax, and possibly Student Loan repayments. Employers handle these deductions and send them to HMRC.
Personal Income Tax (T1)
Applies to individuals and taxes income earned from various sources such as jobs, investments, and businesses. The tax rates increase with higher income levels, and individuals must file annual tax returns.
Corporate Tax (T2)
Applies to Canadian companies and taxes their profits. Rates vary at federal and provincial levels, with companies filing yearly tax returns.
Non-Profit Tax (T3)
Applies to registered non-profit organizations and taxes their income. Non-profits may be eligible for tax-exempt status, but must still file annual tax returns and adhere to reporting requirements.
Goods and Services Tax (GST)
A federal tax of 5% on most goods and services sold in Canada. Businesses collect and remit GST, while consumers pay it on purchases.
Provincial Sales Tax (PST)
Applies to specific goods and services sold in certain provinces, with rates and rules varying. Businesses collect and remit PST to provincial governments.
Payroll Tax
Deductions from employee wages for Canada Pension Plan (CPP), Employment Insurance (EI), and income tax. Employers manage these deductions and remit them to the Canada Revenue Agency (CRA) on behalf of employees.
TAX Filing common page countries old kept aside -PR
United States
- Federal Individual Tax Returns (Form 1040 including Single-member LLC’s Schedule C, Schedule E, 1041,1040EZ, 1040NR, 1040A and 1040X and others)
- Federal Company Tax Returns. (S-Corp returns Form 1120S, C-Corp returns Form 1120, 1120E)
- Federal Partnership Return (Form 1065)
- Tax Exempt return (Form 990, 990-EZ, 990-PF, 990-W, 990-T)
- State Income Tax Returns
- Filing of State Annual Returns with SOS/ DOR
- Sales Tax Returns of approximately 30 states
- Payment of Payroll Taxes and filing of return (Form 940, Form 941, Form 941X) along with corresponding state payroll taxes and returns
- Filing of Form 1099 and W-2
- Filing of FBAR
- Filing of Form 8832 for S-Corp Election
- Various other forms such as SS-4, W-7, 4562, 5471, 8582, 8804, 8805, 1116, 2553, 2441, 2555, 4868, 7004 and others
- Supporting on penalty notice from IRS
United Kingdom
- VAT Registration/ Deregistration
- Quarterly VAT returns.
- EC sales report.
- Maintaining VAT records and accounts
- Annual Accounts with Companies House
- Confirmation Statement with Companies House
- Company tax return with HMRC (Form CT600)
- Self-Assessment tax return with HMRC (Form SA100)
- Processing of Payroll.
- Calculation of PAYE/NI
- RTI Submissions including FPS and EPS
- P45: tax paid on salary in the tax year,
- P60: In case employee stops working with the employer
- P11D: In case of benefits in kind
Australia
- Individual taxes-
- Form NAT 2541
- Company tax return
- Form NAT 0656-6
- Quarterly BAS Report including GST and PAYG
- Preparation of Group Certificate
- Calculation of Superannuation deductions
Singapore
- GST returns
- Annual Filing of Income tax for Companies Form CS, Form C
- Personal income tax return
- Calculation and Filing of Estimated Chargeable Income
- Consolidation of financials in agreement to SFRS
- Filing of Annual return with ACRA in both XBRL and non-XBRL format
Canada
- Income tax return
- T1: personal tax
- T2: corporate tax
- T3: Trust income tax and information return
- T5013: partnership information return
- Preparation of T4, T5 slips
- GST/HST/PST
- Form GST34
- Form FIN400
- GST/HST/QST returns
- Form RC7200
- Lodging tax calculation and return filing (IN 260-V)
- Calculating payroll taxes
- Calculation of CCA (Capital Cost Allowance)
Testimonials
Rajeev and his team handled bookkeeping and record cleanup across three countries and two languages with professionalism and speed.
Working with Yitesh and his team at Mercurius has been wonderful. Their communication and attention to detail have been exceptional.
Siddhartha is delightful to work with and always completes assignments ahead of schedule and with no iteration needed.
Great work – love the dedicated member of the team that is assigned to work on my account.
