We offer a comprehensive range of services and one of our primary aims is to relieve you of the worry and insecurity of dealing with Her Majesty’s Revenue and Customs.We provide following accountancy services for Self-employed, Partnerships, Companies:
- ANNUAL ACCOUNTS
- SELF ASSESSMENT TAX RETURNS
- TAX REFUND
- COMPANY FORMATION
- PAYROLL
- VAT
- BOOK-KEEPING
- CIS SYSTEM
- MANAGEMENT ACCOUNTS
Make appointment now to receive free of charge initial consultation.
Contact us if you require further information.
Leave us a message with your questions and we will come back to you shortly.
1. ANNUAL ACCOUNTS
It is vitally important to produce timely and accurate financial reports for all businesses.
We prepare annual accounts for Sole Traders (Self-employed), Partnerships and Limited Companies in the format that our clients can understand but also ensuring that they comply with the requirements of the relevant authorities.
We can advise you on ways to strengthen your record keeping which enables your business to succeed where others may fail.
We offer very competitive prices - whatever you pay to your accountant now, we promise to reduce it by at least 20%!!
2. SELF ASSESSMENT TAX RETURNS
Many taxpayers struggle to understand complex tax returns.
As a result, each year over half a million taxpayers receive penalties for failing to submit their returns on time or correctly.
Our professional accountants will:
- save you a lot of time, worry and money by handling your self assessment for you if you are a Sole trader (Self-employed), Partnership or Company Director
- do all necessary computations, complete your return, and advice you on how you can minimise your tax liability (with electronic filing for peace of mind that forms have been safely received by the authorities);
- remind you when any tax is due to be paid so you won’t get into trouble for paying late;
- act as your agent, dealing directly with Inland Revenue on your behalf;
- negotiate with Inland Revenue for outstanding penalties for late submissions of previous years tax returns to be waived.
We offer high quality professional services, but charge less; so we suggest you talk to us before you go to your current accountant!
If you are self-employed with net profit higher than £35,000, you end up paying twice as much taxes as you would pay, if you were to incorporate your business (i.e. form a Limited Company)!
3. COMPANY FORMATION
Do you know that as a sole trader (self-employed) with net profit higher than £35,000, you pay twice as much taxes as you would pay, if you were to incorporate your business (i.e. form a Limited Company)!
Our advisers will:
- assist you in registering your business as a Limited Company;
- advise you on tax savings and other financial benefits you can take advantage of once registered;
- assist you with company affairs such as filing annual return forms electronically with Companies House;
- provide the support you need to make the transition as smooth as possible.
You can save thousands on your tax bill by simple forming a Limited Company and we can help you with that!
4. PAYROLL
Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties.
We can prepare payrolls for businesses with 2 to 200 staff.
Our service is comprehensive and confidential and includes:
- computer generated weekly and monthly payslips;
- administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc;
- completion of statutory forms (including year end returns);
- summaries and analysis of staff costs;
- administration of incentive schemes, bonuses and termination payments.
Even if you only have a few employees, you will make savings by engaging us to administer your payroll.
5. VAT
We offer:
- Preparation of VAT returns and general book-keeping;
- advise with regard of various VAT related issues (e.g. should you be register for VAT and how to register, whether the accruals or cash accounting basis;
- completion of your calculations for VAT returns from your own records;
- provision of a book-keeping service to enable the VAT returns to be completed.
6. BOOK-KEEPING
There is an essential need to maintain accurate records of your income and expenses and to evaluate your financial position regularly in order to discharge your statutory obligations to the Inland Revenue and HM Customs and Excise, as well as to control your finances, and help to manage your business successfully.
Keeping records can be a very time consuming business; therefore, a good way of improving time management is to delegate the book-keeping task to someone else.
We can save you time, hassle and money and provide an accurate and comprehensive service to suit your business (Sole Traders, Partnerships, Limited Companies).
7. CIS SYSTEM
Electronic filing of contractor’s monthly returns and online verification of subcontractors, submission of annual returns.
8. MANAGEMENT ACCOUNTS
It is vitally important for all businesses to have sufficient financial control (for example, to monitor outgoings and to keep close control on cash flow and other financial affairs) particularly during periods of growth and when making significant financial decisions. We can provide management accounts for your business on monthly or quarterly basis that are essential for continuous growth and success of your business.
Whether you need a simple profit and loss and balance sheet each month or require a detailed variance analysis we can bring our experience and professionalism to count for your business.
Get accurate information on time without the need to employ staff and develop complicated systems!
We will also take this service one step further by interpreting these figures for you and making suggestions to help you improve your profits or to help your business grow.
We prepare management accounts either on monthly or quarterly basis to ensure that your business is going the way you think it is.
