Accounting Services
Limited Company
If you require an experienced small business accountant to manage all aspects of your business accounts including bookkeeping and payroll, you are at the right place.
We will guide you through and make sure that you understand exactly what is happening at each stage. Whether you are looking to form a limited company or are an established small business, we are here to help.
As a standard, all our small business accountant services offer:
• Unlimited phone and email support
• Dedicated accountant
• Annual accounts and corporation tax returns
• Payroll up to 3 employees and submission to HMRC
• Confirmation statement with Companies House
• HMRC and Companies House correspondence
• Face to face meeting
• CIS Return
• Furlough
• Declaration of compliance for Pension regulation
Life as a sole trader can be hectic enough without having to take on the burden of managing your own accounts and make key financial decisions.
As with any business, sole traders must ensure that they are adhering to the guidelines HMRC set out, which can be a difficult task for those who aren’t knowledgeable in accounting or how the different legalisations may affect their personal finances. Choosing us all of this burden will go way
Our typical sole trader package consists of:
• Unlimited phone and email support
• A dedicated accountant
• Annual business accounts
• Personal tax return
• Quarterly VAT returns
• HMRC correspondence
• Tax planning
Startups
Starting up or growing a business is an exciting and busy time. Your focus is on getting clients, recruiting the right people and creating the right infrastructure and reputation. Time is a precious resource which you need to spend wisely. Being confronted with the various financial and legal aspects of a business start-up can be extremely daunting and this is where we come in. We will help you with@
• HM Revenue & Customs – you do not need to worry about filling out lengthy forms we will do all of that for you.
• legal structure – We can register your Limited Company / Sole Trader for you with the necessary regulatory bodies, such as Companies House and various HMRC departments.
• Bookkeeping – we can advise you on and maintain all aspects of VAT, payroll, National Insurance contributions and any other requirements.
• Record Keeping & Software
We don’t just do your personal self-assessment tax returns; we will provide you with the necessary advice and guide you on how to minimise your tax liability.
We make sure that our clients stay are well informed and stay on top of their taxes and financial situations so they can make well-informed business and investment decisions.
.
To run any business smoothly, Bookkeeping is an essential to run any business smoothly and efficiently. Businesses need to keep track of the money coming in and going out, day-to-day tasks like cash flow, preparing for year-end tax returns.
Balancing the books every month, is very important to make sure that your business continues to be successful.
Payroll can be a real challenge for every size of business, from self-employed, contractors right up to medium and large-sized businesses. Staying up to date with ever-changing payroll legislation can be difficult and very time consuming, but you do not have to deal with it all yourself. When you choose to outsource your payroll to us you can rest assured that your payroll is in safe hands.
• Send you a reminder
• We send your payslips
• We submit your RTI to HMRC
CIS Returns
The CIS is a HMRC scheme under which if you work for a contractor in the construction industry, as a self-employed individual, then the CIS rules mean that the contractor is usually obliged to withhold tax on its payments to you, at either 20% if you are ‘registered with HMRC’ or 30% if you are not.
• We sent you a reminder
• We send out your CIS statement
• We submit your CIS return to HMRC
Your business must register for VAT when your taxable turnover has gone over £85,000 in the previous 12 months or you expect turnover to go over this threshold in the next 30 days. If you are VAT registered and need your VAT returns completing, we can do these for you. Most VAT-registered firms need to keep digital records of these sales, and file monthly or quarterly VAT returns using digital software. We can do this for you.