Accounts Preparation

We can...
  • Prepare accounts to help in completion of self-assessment tax returns
  • Produce financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.
Accounts are prepared to agreed timescales and deadlines.

But we can do more than just report the history of what's already happened...
  • Identify areas where we can assist in minimising your tax liability
  • Identify areas of the business that give you the most opportunity to make improvements
  • Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.
We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.    

Tax Returns & Self Assessment

Tax Returns can be completed for...
  • Individuals and sole traders
  • Partnerships and Limited Liability Partnerships
  • Limited Companies.
The self-assessment regime is full of penalties and HMRC enquiry powers are extensive. It's important that...
  • Returns are completed correctly
  • They are filed on time
  • All backup records are retained for the appropriate period of time.
As well as the completion of your return we can assist with...
  • Advice on your tax liabilities
  • Identifying suitable tax planning opportunities
  • Completing all the necessary tax computations
Dealing with all correspondence from HMRC, taking the worry away from you.    

VAT Returns

Compliance with VAT is complex. Investigations by the VAT man can be intense - all the more important that your VAT returns are completed correctly.

There are three methods we can use to assist in completion of VAT returns...
  1. Let us do your book-keeping and we complete the return from there
  2. Give us your books and we'll complete the return for you
  3. Provide training on how to complete your return yourself.
We complete VAT returns in good time to ensure you avoid any penalties.

In addition we can assist with...
  • Applying for VAT Registration
  • Advice on the VAT schemes suitable to your business
  • VAT Planning
  • Dealing with any disputes that arise with Customs
Attendance at VAT inspections.    

Payroll & PAYE Returns

This is when you found out what red tape was all about.

Let us take the strain away from you and let you get on with running and growing your business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes.

We run payrolls on time and can provide a tailor made service for your business including...
  • Employee payslips
  • Monthly summaries
  • Departmental reports
  • Dealing with leavers and starters
  • Provision of analysis of staff costs
  • Real Time Information (RTI) PAYE returns for the Revenue
  • Assistance with automated payment set-up to your employees
  • CIS returns completed by us.
You will never have to worry about calculating statutory sick pay or maternity pay and dealing with student loan deductions ever again!

And at year end...
  • Employee summary P60's;
  • P11D and P9D benefit and expenses returns.



And the related tax planning advice...

Beyond the payroll compliance service, we offer comprehensive advice on all employment tax issues including...
  • Tax efficient remuneration strategies
  • Planning for retirement
  • Termination payments
  • Inducement payments
Company car and van strategies    

Book-keeping

Let us take it off your hands...
  • We will collect or you can drop off your invoices, bank statements, etc.
  • We do all the processing
  • We can then easily prepare for you...
    • Management Accounts;
    • VAT Returns;
    • Key Performance Indicators;
    • End of Year Accounts;
    • And estimated Tax Liabilities as you go along so there's no end of year surprises.
  • You pick up the records (neatly filed and organised!) and all the information we've agreed to provide you with.
  • We also offer cloud based accounting with automatic bank feeds, intrigued give us a call.
It also makes it easy for us to handle any VAT inspections.    

Tax Enquiries & Investigations

It is an unfortunate fact of business life that you may well come under enquiry by HMRC through no fault of your own or of your accountant. HMRC now investigates businesses at random as well as for specific reasons. A full investigation is not a pleasant experience for anyone. Without expert defence it is possible to get trampled all over.

If you are selected at random, you need an accountant who knows how HMRC works and thinks and is prepared to fight your case. We make sure that the Taxman keeps to their own internal guidelines and don't over step the mark. We will talk you through the enquiry process and what to expect and support you throughout.    

Anti-investigation Scanning Checks

Whilst with random investigations where anyone can come under enquiry, you can help to avoid the chance of an investigation into your affairs for other reasons. We know the triggers that often give rise to enquiries if not fully explained to HMRC when submitting Returns to them. 


Every Tax Return or set of accounts we submit to the Taxman goes through an anti-investigation scanning check to identify any areas that may lead to an enquiry before they are submitted without explanation. This really does help to minimise the chances of you being on the wrong end of an enquiry.

The Penalties

There are various penalties HMRC can seek to impose following an enquiry for undeclared income. As well as having to pay the tax, you can find them seeking penalties up to an amount equal to the tax due, doubling your final bill. Interest on the late payment of the tax is also part of the arrangement - not a pleasant experience we help you minimise these penalties.