If you are an individual, sole-trader or partnership registered under self assessment we can handle your tax return for you. We complete the annual return, file it on-line and advise you of your tax liability and when you need to pay. We also offer personal tax planning advice. Not only do we make sure our clients meet the compliance requirements, but we will make sure their tax liability is minimised.
All businesses require annual accounts which show how the business has performed over the year. Accounts preparation is a core part of our business and we pride ourselves on taking the time to fully understand your business so that we meet your needs promptly and efficiently. We also take care of all your business taxation requirements including the completion and submission of your annual tax return.
If you are a limited company you are required to submit statutory accounts to Companies House and the Inland Revenue along with a company tax return. We can prepare these for you and assist you in understanding them.
If your turnover exceeds the relevant threshold then you are required to register for VAT. You will need to submit on-line returns to the Inland Revenue quarterly and pay over any VAT due. We can assist you in preparing and submitting these returns.
All businesses are legally required to keep records of their business transactions. We can help you set up a system that works for you, yet meets the legal requirements. If you prefer, our full bookkeeping service can manage your financial records leaving you time to concentrate on running your business.
If you have employees or use Construction Industry Scheme (CIS) subcontractors then you will need to register with the Inland Revenue as an employer and run payroll. We can take care of all your needs for both weekly and monthly payroll and CIS: producing payslips, filing your real time information return with the Inland Revenue, advising you of the amounts and dates of tax to be paid and communicating with HMRC on your behalf.
Workplace pension law will require every employer in the UK to set up a pension scheme by 2018 to help their employees save for their retirement. We can offer a complete package including setting up and operating the scheme, dealing with the payroll deductions, providing the required documentation for the employees and dealing with the compliance required by the Pensions Regulator.
Starting a new business is very exciting but can also be very daunting. We can help you through the whole process to get your business off to a great start, dealing with the paperwork, legal requirements and relevant official bodies, leaving you the time to concentrate on getting the business up and running.