OUR SERVICES
ACCOUNTS AND CORPORATION TAX
Every company must submit statutory accounts to Companies House within 9 months of the year end. The corporation tax return must also be filed with HMRC within 12 months of the year end. We can prepare and file the necessary documents on your behalf.
Timely preparation of the statutory accounts need not only be a legal reporting requirement, but can also act as a good basis for an annual review of the position and performance of the company, enabling you to set your goals for the forthcoming year.
Please contact us to discuss the accounting requirements of your company.
PERSONAL AND PARTNERSHIP TAX
Annual self-assessment tax returns must be filed with HMRC annually for the tax year ending 5 April. These returns must be filed and the tax paid by 31 January of the following calendar year, together with payments on account for the next tax year (where applicable).
Not only can we prepare and submit your tax return for you but we can also advise on whether a tax return is actually necessary for your individual circumstances.
PAYROLL
We can prepare your payslips and annual returns, calculate the tax and national insurance due for each reporting period and report the necessary Real Time Information (RTI) data to HMRC on your behalf.
We can also advise on the most tax-efficient remuneration package to suit your circumstances.
BOOKKEEPING
Accurate bookkeeping is important to monitor the financial position of your business, as well as for the maintenance of complete financial records.
We can assist, using the software to suit both the size and structure of your business. We are not affiliated to any particular bookkeeping software and are therefore able to form an unbiased opinion on the most suitable software for your needs.
Aside from the benefits of regular bookkeeping as mentioned above, it also simplifies the process of producing the year end accounts, meaning a saving in your accountancy fees, as well as ensuring information required for VAT or CIS reporting is easily available and up-to-date.
MANAGEMENT ACCOUNTS
Management accounts are a less formal version of the annual accounts required for tax and reporting purposes. They are typically prepared on either a monthly or quarterly basis and can be used to assess the position and performance of the business, to aid in business decisions as well as providing data to providers of finance.