Accounting For Immigrants

The procedures for new and already settled immigrants who have a new start-up or already operational businesses are not simple in the UK. There are several visa, taxation and regulatory requirements that must be met, as well as documents that must be submitted to the UK immigration authorities (UKBA), HMRC and Companies House.

The advice of an expert immigration accountant plays a crucial role for any business or individual who is or has recently gone through the immigration process in the UK. It is due to registration, and accurate computations of VAT, self-assessments, corporate tax returns, selection of appropriate VAT schemes, PAYE, and National Insurance management, along with sundry requirements, become too much for a person to handle alone.

At Lanop, we have Chartered Accountants who, being immigrants themselves, know exactly what accounting services are required by an immigrant.

Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in London provide practical and efficient solutions to all your accounting needs. 

Our skilled tax and finance professionals work diligently to make your life simpler by reducing financial stress and making business models more lucrative and efficient in accordance with up-to-date regulations.

Affordable Cost

Quality of Work

What is an immigrant?

An immigrant is an individual who moves to a country different from their country of origin to reside there permanently or for an extended period. Immigrants leave their home country to settle in a new place seeking better opportunities, improved living conditions, or to reunite with family members. The term “immigrant” is often used to describe individuals who have legally obtained permission to reside and work in a new country, often through visas, residency permits, or citizenship applications.

What is Accounting for Immigrants?

An immigrant new to the UK will be unaware of current legislation, taxes, and national insurance rates, as well as the types of tax returns that must be submitted, VAT schemes to select, tax allowance brackets and basic compliance requirements. 

Do immigrants get the State Pension?

In the United Kingdom, eligibility for State Pension is not dependent on immigration status. Immigrants who have made the required National Insurance contributions or qualify for credits are entitled to receive the State Pension, provided they meet the other eligibility criteria.

To qualify for the full State Pension, individuals generally need to have at least 35 qualifying years of National Insurance contributions. Partial entitlement may be available for those with fewer qualifying years. Immigrants need to understand their specific circumstances and seek guidance from the UK government’s official sources or a qualified advisor regarding their State Pension entitlements.

Why do you need an Immigration Accountant?

UK laws and tax rates are dynamic and can change quickly. A newly migrated business owner will face challenges going through their daily compliance requirements. 

The advice of an expert immigration accountant plays a crucial role for any business or individual who is or has recently gone through the immigration process in the UK. This is due to registration, and accurate computations of VAT, self-assessments, corporate tax returns, selection of appropriate VAT schemes, PAYE, and National Insurance management, along with sundry requirements, become too much for a person to handle alone.

At Lanop, we have Chartered Accountants who, being immigrants themselves, know exactly what accounting services are required by an immigrant.

Lanop: The Friend Every Immigrant Needs

Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in London provide practical and efficient solutions to all your accounting needs. 

Sole traders are individuals who own and operate their businesses. Managing finances and paying taxes are among their responsibilities, as well as finding customers and offering products and services. Keeping track of one’s finances can be difficult for sole traders due to the day-to-day responsibilities of their businesses.

WHAT CLIENT SAYS

About Us

Steven George-Hilley

2022-08-09

Our accountancy partners from the very beginning. A great team that tailors its services around the needs of the client, always available for advice, whenever its needed. Love working with them.

Asfand tahir

2022-07-01

I really don’t know where to start from i can not explain my happiness into words i can try but for sure there must be so many praises remains at the end Thanks indeed indeed Zaib And Lanop all team you guys are amazing i would say if I didn’t have you guys i would have been failed in many things All credit to Lanop what a brilliant firm Lanop Its all about you Zaib And Rehmat Thanks indeed you have done amazing job due to your work i have got my Tier 1 extension application successful within 47 days I can’t believe that i am so happy what a job you did I would advise Everyone come to Lanop for 100% guaranteed success in your immigration matters and all other accounting purposes Trust me, When name comes to success and successful it means Zaib. Big thanks to Rehmat What a team i had they are so lovely i disturbed them alot but they answered me every time For all my enquiries Rehmat the legend thanks indeed no words for you words are far behind, can’t explain you in words Rehmat and Tahir sorry I disturbed you alot and indeed you still helped every time. Rehmat is Very very professional the way he works I don’t think anyone does that way in entire country. Sidra Thanks alot for amazing help indeed You are amazing I dont know how to say how much i am happy from your work as well Kainat you too thanks alot Rehmat all credit goes to you thanks alot without your help I won’t be able to write all this today I am so grateful to you all What a team. Make sure guys you join Lanop without wasting anytime. Lanop Accountants ZINDABAD

jas singh

2022-01-10

I have been a client of Lanop Accountants for the last 4 years and am extremely happy with their services. Zaib and his entire team is extremely professional and dedicated; they always respond swiftly and take personal interest in the business case. I have special words of praise for Rehmat and Waqar as they both helped me in my visa extension process immensely. Zaib has built a team of dedicated professionals and the work ethics speaks volumes about their firm. I would definitely recommend them!

Vinnit Patel

2021-12-03

Very professional services, extremely pleased with the advice and work carried out on our accounts.

László Kohányi

2021-10-12

I like their flexible approach. I had a bunch of small problems what was too little to big firms but too big for me. They explained the process, fees etc and solved my troubles. Price wise also been on the better side. Personally I recommend Rehmat. He is super responsive.

Alexey

2021-05-18

Having been a client of Lanop Accountants for nearly 5 years, can't recommend them highly enough. Great professional team working 24/7 to meet every customers's need.

Eda Kendirli

2021-05-04

Best and accurate service. Saved me so much time and money.

Femi Yusoof

2021-01-29

I have been using Lanop Accountants for more than 3 years, and could not recommend them more highly to any one starting out in business or established business practice. Their professionalism, promptness and excellent customer service makes them in my opinion second to none.

2021-01-22

I used Lanop accountants to file some paperwork with HMRC as a non-dom resident. I’ve been very happy and impressed with their work so far. Zaib has been very knowledgeable and helpful. I recommend them and plan to use them again.

Meet Our Experts

Our team consists of skilled and experienced accountants and financial advisors. These professionals are able to assist individuals, entrepreneurs, business partners, and larger ventures with their financial and accountancy acumen.

Aurangzaib Chawla

Tax Partner

Muhammad Sohaib

Financial Accountant

VAT registration & Returns

Your business must register with HMRC if your Taxable VAT Turnover is over £85,000. On top of the initial registration process, our VAT professionals will also help you plan, prepare and file all the necessary paperwork on your behalf, ensuring your returns are filed correctly and on time.

PAYe & Payroll

Our specialist payroll department efficiently manages payroll and PAYE on your behalf by collecting and maintaining meticulous records of employees. We also help keep track of your pay slips and file your P30s and P60s on schedule.

Bookkeeping

With Lanop’s team of skilled bookkeepers, you can focus entirely on building your business by letting us handle all tedious record keeping of income, expenditure, bank reconciliations, VAT and PAYE on a state-of-the-art cloud-based software coupled with smart technology applications. 

Statutory Compliance

Our chartered accountants will take care of all your HMRC compliance needs. Preparing and filing with relevant government departments (whether it is HMRC VAT, Payroll, corporation tax or income tax department). Companies House is also kept up to date with legalities and compliances relevant to your business.

Tax Planning

Lanop’s wide knowledge of industry-specific tax reliefs and in-depth counselling on tax saving and investment planning for individuals and corporations make us your true friend when planning for taxes. Give us a call. We will make your life easier.

Visa Support

Our expert chartered accountants work closely with the best immigration firms in the UK. They will guide and support you from an accounting compliance point of view. If you have your own immigration consultant, we will liaise with your adviser to ensure that your visa application is successful.