Services

• Annual accounts for companies, partnerships, sole traders and charities.

  • Registered companies in the UK are required to prepare annual accounts for Companies House and HMRC every year. The purpose of these accounts is to report the financial activity of the company and work out how much corporation tax it must pay to HMRC.

    Directors are legally responsible for making sure the annual accounts are completed accurately and submitted by the statutory filing deadline. Copies must also be given to shareholders.

• Management accounts and cash-flow statements
  • Bookkeeping and accounting are time consuming consequences of running your own business, whether you’re operating as a sole trader or a limited company. It is primarily the record-keeping aspect of the accounting process; the activity of recording the financial transactions and activity of your business in an detailed, accurate and systematic manner. This is achieved by keeping information and supporting documentation about where money comes from and where it is spent.
• Advice on manual and computerised bookkeeping
• Business planning and advice for start ups
• Advice on sources of business funding

• Personal tax
  • Personal / Income Tax is a tax you pay on your income. You don’t have to pay tax on all types of income such as Individual Savings Accounts (ISAs) and National Savings Certificates as well as some state benefits.
• Business tax
• Corporation tax

  • You must pay Corporation Tax on profits from doing business as a limited company, any foreign company with a UK branch or office, a club, co-operative or other unincorporated association, eg a community group or sports club.You don’t get a bill for Corporation Tax. There are specific things you must do to work out, pay and report your tax.

• Capital gain tax
  • You pay Capital Gains Tax if you’re a self-employed sole trader or in a business partnership. Other organisations like limited companies pay Corporation Tax on profits from selling their assets.
• Inheritance tax
  • Inheritance Tax is paid if a person’s estate (their property, money and possessions) is worth more than £325,000 when they die. This is called the ‘Inheritance Tax threshold’. The rate of Inheritance Tax is 40% on anything above the threshold. The rate may be reduced to 36% if 10% or more of the estate is left to charity. Usually the ‘executor’ of the will or the ‘administrator’ of the estate pays Inheritance Tax using funds from the estate.
• VAT
  • The Value Added Tax in the European Union is a general, broadly based consumption tax assessed on the value added to goods and services. It applies more or less to all goods and services that are bought and sold for use or consumption in the Community.

• Company formations
• Registered office facility
• Filing of annual returns online
  • You must send Companies House a company annual return every year, within 28 days of the anniversary of the company’s incorporation.
• Share issues and reorganisations
• Appointment and resignation of directors
• VAT filing online
• Corporation tax filing online
• Accounts filing online

• Pay computed, and RTI submitted to HMRC
• Pay slips and summaries provided
• Choice of email pay slips and summaries
• PAYE calculated monthly.
• No payment due, CIS deduction, maternity pay, statutory sick pay
• Auto enrolment pension calculations
• P60’s calculated
• Starters and leavers processed.
• PAYE schemes set up