WELCOME
All your Accounting, Tax & Payroll Services under one roof
An Integrated Experience
O’Michael & Co was established in 2000 by Mehari Ogba-Michael with a vision to provide real business support to its clients. The firm believes that it should provide value adding service to its clients on top of Accounting and Tax Consultation.
O’Michael & Co has been in accounting and tax consultancy practice for a continuous twenty years and has developed great trust and professional relationship that added value to the business objective of its clients.
So, whether you are looking at reducing your taxes, developing your new business or managing your personal wealth, we are here to help you with a jargon free, easy to understand process that has been put in place over the years.
Furthermore, our professional team can communicate in English, Tigrigna, Amharic, Arabic, Italian, Spanish & French making you feel right at home. Our office is located in London.
OVERVIEW
Our Services
Corporation Tax
You must pay Corporation Tax on profits from doing business as a company, community, club, etc.
CIS Tax Refunds
If you pay CIS Deductions, you must claim these back through your self-assessments.
Inheritance Tax (IHT)
Inheritance Tax of 40% is paid on what you leave to your heirs. Contact us for an in-depth consultation.
Capital Gain Tax
(CGT)
Capital Gain Tax is a tax on the profit when you sell something (an ‘asset’) that’s increased in value.
VAT for Individuals & Companies
All Businesses which have an annual turnover of more than the current VAT threshold must register for VAT and complete a VAT return.
HMRC Enquiries & Appeals at Courts
You can appeal against some decisions about your tax bill, tax relief, late payment penalties, etc. Contact us for an in-depth consultation.
Company Tax Return for Company House & HMRC
If you have a limited company, you must file your accounts with Companies House and HMRC.
Company set up for landlords & for Buy-to-Let
Pros and cons of setting up a Limited Company for Buy-to-Let. Contact us for an in-depth consultation.
UK & Non-UK landlords residents
You need to pay tax on your rental income if you rent out a property in the UK. If you live abroad for 6 months or more per year, you’re classed as a ‘non–resident landlord‘
Self-Assessment (Tax Returns)
Service for Hairdressers, Taxi drivers, Van Drivers, Rickshaw Riders (Deliveroo, Uber Eats, Just Eat), Coffee Shops, Restaurant / Shop Owners, etc.
Mortgage Consultant Advice
Right-to-buy (RTB)
Buy-to-let Investors
First-Time-Home-Buyers