Under the current legislation the legal responsibility for correctly calculating the Coporation Tax liability lies on all business owners. As qualified accountants, we can prepare tax returns in a timely and efficient manner whilst calculating your company’s tax liability.
The increased reporting obligations and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative buden of compliance with the current tax legislation.
Payroll & CIS
Reporting Real Time Information (RTI) came into effect in April 2013 and we shall file RTI on your behalf on or before the due date to avoid penalties for late submission. We can setup a PAYE scheme for you and guide you through the payroll system. This will allow us to explain your obligations, as an employer under the new system.
We can also register you as a sub-contractor under the CIS scheme with HM Revenue & Customs. As a Limited company employer you can offset CIS tax suffered against your PAYE liabilities and we can assist you in this area.
Bookkeeping is an important factor to a successful business. This can be a time consuming process which prevents you from focusing on your business. We can take that burden so you can concentrate more on your business and less on the paperwork, We can help you with:
- Processing sales invoices and payments including bank reconciliation.
- Sales/Purchase Ledger review to ensure accounts balance.
- Completing VAT returns and Year end accounts.
If you’re planning on forming a Limited company, we can complete the process for you, giving you more time to concentrate on other areas of the business. We can also advise you on whether this will be beneficial in your line of trade.