In addition to offering tax advice on a range of issues, we prepare personal and company tax returns. The tax returns will stay in electronic storage. We produce a report which will contain information about your tax liability in an understandable format.
We are able to manage HMRC enquiries and investigations. Therefore, we can offer clients the opportunity to take out an insurance policy. This would cover professional fees in the event of such an investigation.
Bookkeeping is the recording of financial transactions such as purchases, sales, receipts and payments by an individual or organization. For businesses, it is very important. It enables a report to be made which means that a business can monitor cash-flow.
We prepare annual accounts for Limited Companies, Sole Traders, Partnerships and businesses from the records provided to us. These are presented in draft form for the client’s approval before being finalised and filed with HMR&C and for Limited companies filing with Companies House.
We prepare management accounts either monthly or quarterly depending on requirements.
VAT Return Preparation
We will prepare your VAT return and then submit it electronically to HMR&C and advise you what your liability is or alternatively any repayment due to you.
We will prepare your payroll weekly, 4 weekly or monthly as you request. We produce a payslip for each employee and advise you of any PAYE liability due. At the year-end, we will submit your end of year return and issue a P60 for every employee. We will issue a P45 for anyone leaving your employment in the course of the year.
We can set up a PAYE scheme for a new employer.
CIS Monthly Returns
We will complete your monthly CIS return and file it with HMR&C. Nil returns require submitting.
Annual Returns at Companies House
All companies must file an annual return with Companies House which we will do this for you and update any relevant information