Please expand the sections below for more information
Accounts
Annual Accounts
Do you need accurate accounts provided on time?
We can…
- Prepare accounts to help in completion of self-assessment tax returns;
- Produce financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.
- Accounts are prepared to agreed timescales and deadlines.
But we can do more than just report the history of what’s already happened…
- Identify areas where we can assist in minimising your tax liability;
- Identify areas of the business that give you the most opportunity to make improvements;
- Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.
Management Accounts
If you measure it, you can manage it!
Up to date, relevant and quickly produced management information allows you to make the right decisions.
Our management accounts and information services include…
- Monthly or quarterly management accounts;
- Reporting of key performance indicators that are the underlying drivers that run your business;
- Help with in house systems for you to produce your own information;
- Training on how to get the most out of your information;
- Supplying management information to lenders;
- Branch/Divisional results;
- Actual performance compared to budget and/or comparative periods;
- Costing information, including break-even turnover levels.
Bookkeeping
Stressed out with the paperwork?
Let us take it off your hands…
Drop off your invoices, bank statements, etc; We do all the processing;
We can then easily prepare for you…
- Management Accounts;
- VAT Returns;
- Key Performance Indicators;
- End of Year Accounts;
- Estimated Tax Liabilities as you go along so there’s no end of year surprises;
You pick up the records (neatly filed and organised!) and all the information we’ve agreed to provide you with.
It also makes it easy for us to handle any VAT inspections.
Tax
Tax Returns & Self Assessment
Who said Tax doesn’t have to be taxing?
Tax Returns can be completed for…
- Individuals and sole traders;
- Partnerships;
- Limited Companies.The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It’s important that…
- Returns are correctly completed;
- They are filed on time;
- All backup records are retained for the appropriate period of time.As well as the completion of your return we can assist with…
- Advice on your tax liabilities;
- Negotiating with the Collector if necessary;
- Identifying suitable tax planning opportunities;
- Completing all the necessary tax computations;
- Dealing with all correspondence from HMRC, taking the worry away from you.
VAT
VAT Returns getting you down?
Compliance with VAT is complex. Investigations by the VATman can be intense – all the more important that your VAT returns are completed correctly.
There are three methods we can use to assist in completion of VAT returns…
- Let us do your book-keeping and we complete the return from there;
- Give us your books and we’ll complete the return for you;
- Provide training on how to complete your return.We complete VAT returns in good time to ensure you avoid any penalties.
In addition we can assist with…
- Applying for VAT registration;
- Advice on the VAT schemes suitable to your business;
- VAT planning;
- Dealing with any disputes that arise with Customs;
- Attendance at VAT inspections.
Payroll
Everything seemed fine running your own business until the day you took on your first employee and became an unpaid tax collector
This is when you found out what red tape was all about.
Let us take the strain away from you and let you get on with running and growing the business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes.
- We run payrolls on time and can provide a tailor made service for your business including…
- Employee payslips;
- Monthly summaries;
- Departmental reports;
- Dealing with leavers and starters;
- Provision of analysis of staff costs;
- Real Time Information (RTI) PAYE returns for the Revenue;
- Assistance with automated payment set-up to your employees;
- CIS returns completed by us.You will never have to worry about calculating statutory sick pay or maternity pay and dealing with student loan deductions ever again!
And at year end…
- Employee summary P60’s;
- P11D and P9D benefit and expenses returns.And the related tax planning advice…
Beyond the payroll compliance service, we offer comprehensive advice on all employment tax issues including…
- Tax efficient remuneration strategies;
- Planning for retirement;
- Termination payments;
- Inducement payments;
- Company car and van strategies;
- Benefits planning.