At RNM Consulting, we provide comprehensive outsourcing services tailored to meet the accounting and taxation needs of both businesses and individuals in the UK and the US. Our expert team ensures seamless compliance with local regulations while offering strategic support to optimize your financial processes. Whether you’re managing a business or handling personal financial matters, RNM’s outsourcing solutions are designed to simplify your workload and enhance accuracy.
UK Accounting and Taxation Services
RNM Consulting Provides back-office support services to RNM Accountants UK Limited., a company incorporated in London, having its office at 213 Kingsbury Road, Sri Abji Bapashree house, Suite 15, 1 Floor, London, providing Accounting and Tax services to its clients in UK. The services are provided remotely from India, through a team of personnel, including some of those holding ACCA qualification, with prior experience of UK Accounting and Taxation work. RNM Consulting seeks association with offshore professional entities, engaged in providing these services to their clients in UK, for outsourcing these activities to India on mutually agreed terms and conditions.
The services we offer include:
- Book-keeping and VAT: Efficient management of daily financial records and Value Added Tax compliance.
- Payroll and Pension: Streamlined payroll processing and pension management, ensuring timely payments and accurate calculations.
- Accounts Production: Preparation of financial statements in compliance with Capium, Xero.
- Management Accounts: Providing detailed management accounts for better financial insights and decision-making.
- Taxation: Assistance with UK tax filings, tax planning, and compliance to minimize liabilities while ensuring full adherence to UK tax laws.
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US Tax Filing and Accounting Services
RNM Consulting Provides back-office support services with regard to US Tax filing of US Citizens, resident in India. The services are provided remotely from India, through a team of professionals, holding requisite CPA qualifications and experience of working in mainland US, who have been rendering these services to clients, during their tenure in US, as well as remotely from after relocating back to India. RNM Consulting seeks association with offshore professional entities, engaged in providing these services to their clients in US, for outsourcing these activities, including Accounting and Book-keeping services, to India on mutually agreed terms and conditions.
Our scope of services includes:
- US Individual Income Tax Return: Preparation and filing of federal and state income tax returns for individuals.
- Foreign Tax Credit: Maximizing foreign tax credits to reduce your US tax liability on income earned abroad.
- Information Return by the Shareholder of a Passive Foreign Investment Company (PFIC): Filing the required forms for shareholders of PFICs.
- Information Return of U.S. Persons with Respect to Certain Foreign Companies: Compliance with IRS requirements for reporting foreign company ownership.
- Statement of Specified Foreign Financial Assets: Ensuring proper reporting of foreign financial assets as required under FATCA regulations.
- Foreign Trusts and Receipt of Certain Foreign Gifts: Handling complex filings related to foreign trusts and large foreign gifts.
- Foreign Earned Income: Assisting in exclusions or credits for foreign earned income to minimize tax burdens.
- Qualified Electing Fund (QEF) Filing: Helping PFIC shareholders elect QEF status to avoid harsh US tax consequences.
For Comprehensive Details, Download Our Brochure