Accounting and tax services

Our accounting and tax services are incredibly comprehensive and thorough. They include:

Proactive and dedicated accounting support

Limited company set up, including optimal share structure

Preparation & submission of financial statements & returns

Online bookkeeping and accounting

PAYE & NI, P11D & Payroll Management

VAT registration and management

IR35 advice and support

Click on each of the above services for a fuller description or see below. Our expert team provide highly professional yet personable guidance.

We are passionate about providing the best customer service targeted at your individual needs. Your dedicated accountant will take the time to get to know you and will always be on hand to provide support. 

 

Proactive and dedicated accounting support

You’ll have a dedicated personal accountant who will work with you to manage your accounting and tax affairs. They will always be there to support you, focusing on your specific needs. You’ll always get a response to any query within 24 hours. 

What’s more our expert team are always on hand to advise and guide you on any accounting, tax or related issues.

The team is very friendly and approachable. So, you need never feel intimidated or stressed about accounting or tax ever again.

We provide automated deadline reminders and updates so you’ll always be fully prepared and up-to-date. So you never have to worry about missing important deadlines. 

We’re also proactive in providing ongoing tax tips and guidance to ensure you’re trading in the most profitable and tax-efficient manner possible.

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Limited company set up, including optimal share structure

If you want to set up a company we take you through the necessary steps to quickly and easily set up your company properly. This includes company registration, bank account set-up, obtaining the insurances, and getting all your accounting and tax affairs set up. 

In looking at some of these set-up steps we work with leading formation agents, banks, insurance and other partners to make sure you have everything you need and getting the best deals to suit your needs. 

We also ensure that you’re comfortable with the day-to-day requirements going forward such record keeping and administration requirements, key dates you need to remember and so on. 

Finally, a key part of company set up and tax planning is to ensure your company is set up with the optimal share split.

Do not fall into the same trap as many other Directors, by overlooking the importance of the company set up.

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Preparation & submission of financial statements & returns

We complete and submit a full set of accounts annually for you to HMRC and an abbreviated set of accounts to Companies House.  We also complete and submit the necessary Corporation Tax forms to HMRC. These include CT600’s and relevant tax computations.

We also submit the Annual Return to Companies House. In addition, we can prepare and submit your personal tax return for you.

As part of all this we take the time to explain what we’re doing and ensure you’re comfortable with what we prepare and submit. We’re always available to talk through this and clear up any confusion or misconceptions. 

For example, in our experience, some people get confused between submitting your annual accounts to HMRC and the annual return required by Companies House.

The latter is purely administrative, recording key company information such as company registration details, principal business activities and Director(s)’ details. No financial information is required in this document.

In this manner we aim to offer more than just form filling and processing. Rather, we work with you to make sure you are working in the most tax-efficient manner possible and are happy with your accounting and tax affairs.  

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Online bookkeeping and accounting

We provide a secure, online accounting and bookkeeping system that gives you instant, real-time visibility of your accounting and tax information and which automates much of the bookkeeping and administration tasks. Click here for detailed information.

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PAYE & NI, P11D & Payroll Management

We manage your PAYE & NI deductions, P11D and payroll for you, leaving you free to concentrate on your business. As part of this we calculate and pay your PAYE deductions and National Insurance contributions and submit all the necessary paperwork to HMRC. 

Using our online payroll system we manage your payroll, sending you monthly, automated pay slips.

We provide expert advice & recommendations on salary levels so you always pay yourself in the most tax-efficient manner. 

We also advise you on what expenses and benefits you can take advantage of. We’ll complete the necessary forms for you if needed (e.g P11D) and send them to HMRC.

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VAT registration and management

Firstly, we’ll help you register for VAT (Value Added Tax), advising you on the best scheme to join for your circumstances and needs.

For most of our clients this tends to be the Flat Rate Scheme. Having decided on this we’ll get you set-up and explain the ongoing process to you.

We’ll prepare & submit your quarterly and annual VAT returns, making sure they’re correct and filed on time. This is important in making sure you meet the VAT deadlines and avoid any penalties for lateness or incorrect information. 

Our automated system helps in making sure you’re always informed of key deadlines ahead of time.

What’s more we explain how we arrive at your VAT calculations to ensure you’re confident you’re fully compliant and tax-efficient.

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IR35 advice and support

IR35 is tax legislation that was introduced to stop people supplying services as limited companies who were, in HMRC’s view, operating as employees and who should be taxed accordingly. This is a critical issue that contractors need to get right.

We work closely with you and offer support in making sure your limited company stays on the right side of IR35 legislation.

We can advise you on the factors you need to consider, how to write your contract(s) appropriately and how to negotiate your contract with your client to ensure you’re covered.

As a client to get access to our video guides, one of which is an overview of IR35. This explains what IR35 is, what to do about it and how to operate appropriately to keep on the right side of IR35.

Finally, we work with leading insurance partners who can provide insurance in the event of an IR35 investigation by HMRC.

Should you ever be faced with such an investigation we’ll be right by your side to help you through it. However, by following our guidelines any inquiry by HMRC is likely to be quickly resolved in your favour.

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