Tax Return
Processing and Filing
Fin-eX Outsourcing offers client’s preparation for tax computation along with online filling with the relevant tax authorities. Our teams of technical experts calculate the exact tax your clients need to pay along with the applicable deadlines. Our tax returns filing services ensures the client is not paying more than what is obliged without incurring any late fees. We offer services that include tax computation in iXBRL and completion of tax calculations for filing. Our iXBRL tagging service is provided by an experienced technical team, who tag the line items in your financial statements with the tax returns and undergo a two-tier review process to ensure they pass through the relevant tax authorities validation gateway.
Our tax
services include
Monthly/quarterly return
Online Registration
Use of the different Schemes
Summary report (monthly/quarterly/yearly)
Detailed report and reconciliations
Personal Tax Preparation and Filing (T1)
(Individuals, Families, Self Employed)
Personal Tax preparation and filing, including self-employee, rental income and capital gain
T1 Adjustment Requests for prior years
Tax consulting and planning
Filings for real estate investments
Detailed report and reconciliations
Foreign property and foreign taxes
Estate (Deceased) Tax Returns
Late filed returns
Other
Services
Help to apply for Employment Insurance
Help to apply for Employment Pension Plan (CPP) Retirement Pension and Benefits
Help to apply for Old Age Security (OAS) Pension and Benefits
Corporation Income Taxes (T2)
Terminal personal tax return and the first year of the estate return – T3
Benefits of Outsourcing
your work to Fin-eX
01.
Reduced Employee Retention Risk
If the person in charge of your accounting and bookkeeping were to leave your business, you’d be left trying to fill in the gap. This would likely involve recruiting, hiring, training, and onboarding a new employee—as well as the costs that go along with these activities. What’s more, if you were to rely on just one person, the risk of fraud and theft could be an issue as well.
02.
Opportunity To
Grow
The price of putting an unqualified or inexperienced staff member in charge of your operations can be grave—even if you rely heavily on accounting software. If the information put into the software isn’t accurate, you won’t be able to rely on it to make important decisions. Outsourcing your accounting gives you peace of mind knowing that experts are in charge.
03.
Qualified Accountants
When you outsource your accounting to a third party, you have access to not just one person, but to a team of professionals. In other words, you have a deep well of expertise to tap into when you need it. With the right firm in place, you can have the skill set of an experienced accountant or a team of accountants at your fingertips. Most if not all of the employees hired by Fin-ex are ACCAs or ACAs with a lot of experience in UK accounting and tax matters. Get a turn key support from us.
You should feel confident you have the most capable person in this role. But the truth is, sometimes this can be hard to know for sure. For instance, you may have outgrown the current capacity of your in-house accounting team without realizing it. Outsourcing is especially beneficial in this case because it gives you the ability to match your financial professionals to the needs you have today—as well as those you may have tomorrow.
When we took the free trial – we were a bit sceptical about the whole outsourcing process. There were some initial hic-ups as I am very particular about providing high-quality services to my clients. Their senior managers were in constant communication with me almost 24/7. I was able to streamline the whole process and now am very pleased with their service.