OUR SERVICES
COMPANY REGISTRATION
As your business grows your bookkeeping and accounting requirements also grow with it. By using your bookkeeping records we are able to prepare your year end accounts which will form the basis of your Self Assessment tax return
TAX RETURNS
The UK has one of the largest tax codes in the world, so preparing even the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.
YEAR END COMPANY ACCOUNTS
As your business grows your bookkeeping and accounting requirements also grow with it. By using your bookkeeping records we are able to prepare your year end accounts which will form the basis of your Self Assessment tax return
MANAGEMENT ACCOUNTS
As your business grows your bookkeeping and accounting requirements also grow with it. By using your bookkeeping records we are able to prepare your year end accounts which will form the basis of your Self Assessment tax return
VAT RETURNS
If you’re just starting out, we can help you decide whether you need to be VAT registered from the outset or not.
Whether a new or existing business, we will also look at the VAT schemes you are eligible for and establish whether you would be better off adopting one or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities.
BOOKKEEPING
All businesses are required to keep accurate records for both taxation and VAT purposes. Good bookkeeping practices also benefit the business by helping you manage and control your finances, plan for future growth and ensure that your accounts are completed more efficiently, which should in turn avoid late filing penalties.
PAYROLL
We can set up an Employers’ Scheme with HMRC for you and we can advise you of whether employees should be added to the payroll or not and deal with the relevant forms for you. Throughout the year, we will calculate your employees’ net pay and provide you with payslips to pass on to your staff. We can calculate the tax and National Insurance deductions applicable using our HMRC-approved software, even if your employees are on sick, paternity/maternity leave or Holiday.
TAXATION
Although HM Revenue & Customs have helplines available to assist taxpayers, staff members are not tasked with providing advice on how to organise your affairs in order to minimise the amount of tax you pay. If you are looking to make tax savings but do not want to attempt to interpret detailed tax legislation, you should seek professional advice. We offer all clients tax planning reviews and try to ensure that our clients only pay as much tax as they are legally obliged to and no more!