Our full service includes reminding you of relevant deadlines, ensuring that we get your statutory returns completed on time and avoid any nasty fines.
Just some of the services we provide:
Annual Company Accounts
All Companies must provide an annual set of accounts to Companies House. We can create these accounts and explain them to you, as well as submitting the Accounts to Companies House through iXBRL, as is now required.
If you make a 'one off' sale of an asset, for example a second home or part of your business, we can advise on reliefs available and submit the relevant paperwork.
CIS and Subcontractors
The construction industry requires deductions to be made at source when paying sub-contractors. We can assist contractors with making the deductions and administering this correctly and sub-contractors with claiming this against their self assessment tax returns or PAYE.
If your turnover exceeds £85,000 you must be registered for VAT. Even if you do not exceed that threshold, it may be beneficial for you to register for VAT. We will advise you whether it is necessary / beneficial to set up for VAT. We can get you set up, administer your VAT and submit your returns via Making Tax Digital (MTD) where applicable.
If you are a salaried director of a company or have employees, you will need to set up PAYE. We will provide advice on the most tax efficient way to pay directors, administer payslips, HMRC submissions (real time information) and year end reporting. We can also assist with setting up Auto Enrollment Pension shemes and the ongoing reporting for these.
We can provide you with a monthly bookkeeping service, keeping you up to date with your profit levels, your accounts payable and receiveable figures etc. so that you know where you are financially.
Sole traders and individuals with income outside of PAYE (eg property rental income, dividends) will need to complete an annual return – we will complete your annual tax return for you and advise on expenses that can be claimed against the income.