We can prepare accounts for sole traders, partnerships and limited companies. This includes full accounts for HMRC and company shareholders and abbreviated accounts for small companies.
Your main goal as a limited company will no doubt be to reduce your corporation tax liability. We can help you with easing the time-consuming preparation of tax returns and by acting on your behalf with HMRC. Between us we can decide on the most tax efficient structure for your business and we can guide you on utilising tax allowances and reliefs.
We can help you out during busy periods by providing a cost effective bookkeeping service, using either our own software package or excel spreadsheets if preferred. We can meet to discuss exactly the service that you need and determine a package to suit you.
VAT can be a complex area and we can offer a service which includes advice with VAT registration, types of VAT schemes, VAT control and reconciliation and completion of VAT returns.
These are vital to the continued success of your business. Dependent on your requirements we can prepare reports which will enable you to understand how your business is performing and provide essential advice when it is required.
It is essential that self-assessment returns are submitted and paid on time, and we can make sure this is achieved, therefore not incurring interest or penalty fines. Tax returns can initially seem daunting and difficult to understand with increasing legislation, and we can take the stress away from this by becoming your agent and dealing with HMRC on your behalf. Importantly, we can also offer advice on how to minimise your tax liability.
Starting a new business is an exciting but difficult time with so many important decisions to make. We can advise on this to help ensure that you make the right, most tax-efficient decisions. Services offered are:
- Deciding on the correct business structure
- Guidance on how to extract profits from the business
- Help with record keeping
- Business planning/budgeting/forecasting
- Registering your business with Companies House/HMRC
It can be time-consuming administering your payroll, even if you only have a few employees we can take care of your payroll. This can include all your data processing, payslip production and returns to HMRC, freeing up your time to concentrate on building up your business.