Business Accounting

Business Accounting

A full range of Business and Professional services to cater for all company sizes.

Personal Accounting

Personal Accounting

Reliable, approachable, and proactive accountants who will do more than just respond to your needs.

Geoffrey Nathan Associates Certified Public Accountants

At Geoffrey Nathan Associates we realise that our success depends on your success, and with over 35 years experience behind us, we know what is required in order to help you succeed. As a practice specialising in, Small to Medium Business, Contractors and Freelancers we provide an unparalleled service in terms of price, honesty and reliability. Our team have a range of specialisms and expertise ranging from SME’s, IR35 to Personal Tax and planning.

Based in Wimbledon we offer a friendly service whether this is face to face or via e-mail and virtual meetings, we cater to your needs as we recognise each client, business and situation is unique and therefore we know that one solution doesn’t fit everyone. (We also have facilities for informal meetings in Pall Mall)

Additionally, we offer free consultations and a fixed-fee service to all client new or old, so feel free to contact us today to arrange a chat about how we can help you.


Our Services

Bookkeeping & Accounting

Corporate Tax & Planning

Payroll

Personal Tax Planning

Self Assessment

Estate Planning

We will provide you with the most suitable solution

Latest News

Beware fake tax rebate offers

22/02/2024 – HMRC continues to warn of the ever-present problem of fraudulent phishing emails, suspicious phone calls and texts. … More...

Cost of living final payment 2023-24

22/02/2024 – The Cost of Living support package has been designed to help over 8 million households in receipt of means tested … More...

Are you self-employed?

22/02/2024 – Self-employed taxpayers should notify HMRC as soon as practicable when they begin working for themselves. HMRC must be … More...

Types of limited companies

22/02/2024 – A limited company is a company ‘limited by shares’ or ‘limited by guarantee’. Limited by shares This is the most … More...


Residence affects Income Tax in UK
25/05/2023

There is an interesting anomaly that can affect taxpayers with homes in Scotland and other parts of the UK. Where this is the case, the question arises as to whether or not the taxpayer is liable to pay Income Tax in Scotland or elsewhere.

As a general rule, the Scottish rate of Income Tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish taxpayers. The definition of a Scottish taxpayer is generally focused on the question of whether the taxpayer has a 'close connection' with Scotland or elsewhere in the UK. The liability to SRIT is not based on nationalist identity, location of work or the source of a person’s income e.g., receiving a salary from a Scottish business.

Where a taxpayer has a home in Scotland and also elsewhere in the UK, they need to ascertain which is their main home based on published guidance and the facts on the ground.

HMRC’s guidance on the issue states the following:

  • Your main home is usually where you live and spend most of your time.
  • It does not matter whether you own it, rent it or live in it for free.
  • Your main home may be the home where you spend less time if that’s where:
    • most of your possessions are;
    • your family lives if you’re married or in a civil partnership;
    • you are registered for matters like your bank account, GP or car insurance; and
    • you are a member of clubs or societies.

It is also possible to change which home counts as your main home if there has been a material change in the underlying facts. Scottish taxpayer status applies for a whole tax year. It is not possible to be a Scottish taxpayer for part of a tax year.


Testimonials

I took accounting and Tax returns service from GNAccounts back in 2013-15. They had rendered an amazing service back then and now when I got back with some requests on old file , the client service is commendable although not an existing client. I would definitely recommend GN Accounts.

SandhyaM

You guys are simply, The Best! Thanks for looking after my accounts for the past 10 years

SaritaD
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