Accountancy & Tax Service For Business
Our Accountancy & Tax Service For Business is designed support the needs of UK based small businesses which include:
✓ Sole proprietorships
✓ Limited Companies
You can select one or more of our individual accounting and tax services as per your requirements or, as is more popular, choose our All In One package where we combine a bookkeeping solution with any other accounting and tax services you need (e.g. statutory accounts, VAT returns, etc)
Our Statutory Accounts service is designed to produce the year end accounts for businesses to be submitted to the relevant authorities. This includes producing the Financial Statements (and corporation tax return where possible) for limited companies and the Trading Accounts for Sole Traders and Partnerships to be used in their self-assessment tax returns. For limited companies, we also produce Dormant Accounts if no trading has taken place.
Our Corporation Tax service is designed to help those who have submitted accounts at Companies House but have not yet submitted their corporation tax return (CT600) to HMRC. We will register you for corporation tax (if necessary), complete the corporation tax return and then submit it to HMRC. As part of the service we will explore any tax reliefs and allowances that may reduce your tax bill.
Our Self Assessment Tax Return service is designed to help individuals and partnerships with their tax returns ranging from initial registration to preparing and submitting self-assessment tax returns with the lowest possible tax liability, The service also deals with the usual one off tax refund situations including CIS Refunds, employee uniform cleaning and home office use, foreign income, pension payments, etc).
Our online Payroll Service is a flexible and affordable solution that can handle payroll of all size (including 1 director payrolls), all pay types and payment frequencies (e.g. weekly,, monthly, etc) with online payslips and access to all your forms. The service is fully RTI compliant ( including FPS, EPS, P60's and P45's) and we also help you meet your pension auto enrolment responsibilities
We also carry out payroll administration for direct payment employers (individuals under Local Authority health care plans) who take on staff /personal assistants to support them with their care.
Our VAT Return service is designed help organizations administer their VAT obligations correctly. We can help you with all aspects of VAT management ranging from advising on the appropriate scheme to use and registration to VAT reconciliation and submission. Wherever possible, the VAT administration will be integrated into your bookkeeping processes to facilitate efficiency.
Our CIS Service helps organisations in the construction industry to administer the HMRC`s Construction Industry Scheme (CIS) where contractors deduct money from subcontractors payments and pass it on to HMRC. We can assist you will all aspects of the scheme including registering contractors and subcontractors , verification of subcontractors and submitting monthly returns to HMRC.
Our Company Secretarial services is designed to help limited companies to comply with the numerous administrative, filing and disclosure requirements of the Companies Act. This can range from simple filing of annul returns (accounts and confirmation statements) to complex share restructuring. Failure to comply with the provisions of the Companies Act can result in the forced closure of your company and criminal prosecution.
All In One Service
Our All In One service is a packaged solution where we set you up with an appropriate bookkeeping system and then add any of the above services you require to form one affordable fixed fee solution. The bookkeeping element will either be an outsourced solution (carried out by us) or we can train up and/or supervise an inhouse accounts person/bookkeeper of your choice.
Accounting system improvement
Our Accounting System Improvement service is designed to help you improve/ upgrade your current financial administration system or set one up from scratch (e.g. if you are a new enterprise).
We will catch up and clean up your data (if necessary) and work on key features like the chart of accounts and posting methodology, expense and income management, reporting, etc.
If required, we can instigate an integrated financial planning, forecasting and reporting system which will enable you to proactively manage your business on a higher level.