Your accounts, tax and payroll are prepared by Chartered Accountants giving you the peace of mind necessary focus on growth rather than compliance.
As part of this compliance service we will prepare your fully compliant statutory annual accounts. We will arrange a post year end review meeting with you to discuss any issues we notice when preparing your accounts.
As a limited company, you are required to prepare statutory accounts and submit these to Companies House annually. This is all included within your quote and you will have peace of mind knowing that this is all taken care of for you.
Where statutory formats are not obligatory (eg Partnership, Sole Trader we will prepare accounts based on best practice and suited to your business).
We offer a guaranteed time of completion of annual accounts post year end
It is a requirement in the UK to submit a business tax return annually with HMRC which we will prepare along with associated business tax computations. We’ll take care of everything that HMRC require and inform you of the tax payment required in plenty of time.
Where you are a corporate client of the firm, we can also prepare your personal tax return for you.
Each UK taxpayer is required to submit a personal tax return annually (although for many this is a technicality not a submission) to HMRC. We’ll take care of everything that HMRC require and inform you of the tax payment required in plenty of time.
We will look at various remuneration strategies and devise a plan to minimise the tax you will have to pay.
Please scroll down to see our outsourced payroll and book-keeping solutions in detail
For book-keeping, payroll and Company Secretarial matters you may have your own finance team already that can provide these to you. If however you would prefer this transactional work to be done by ourselves we can work with you and your team to deliver them.
Payroll these days can be a minefield and take up a lot of your time. We can take care of your payroll and ensure you comply with all statutory regulations and deadlines.
Using our payroll service we will:
As an extension of our payroll services we are also able to offer additional provide you with an auto enrolment solution to keep you compliant by dealing with all of the paperwork required to operate an occupational pension scheme for your team.
We can provide additional support to your in-house team or you can fully outsource to us:
Our standard outsourced service comprises:
In order to ensure you have up-to-date lists of receivables and payables and up-to-date financial reporting we will maintain your Xero accounting system and on a regular basis (at least weekly):
Raising and Sending Your Sales Invoices
Most clients raise their own sales invoices because they want to get them to their customers as soon as possible, but if that’s too much for you, then we can process them for you each month.
Running Your Credit Control
Some customers need more managing than another’s when it comes to settling your invoices. We’ll make sure they are chased up professionally and sensitively to get cash into your bank account whilst maintaining excellent relationships.
Making Supplier Payments and Reconciling Supplier Statements
Once your supplier invoices are in Xero, they need paying. Monthly we will reconcile supplier statements to Xero and produce a suggested payments list. Once approved we will then log in to your online banking to set up the payment, ready for your approval.
VAT returns are required to be submitted to HMRC at least quarterly. With the start of Making Tax Digital (MTD) from April 2019 additional information is required to be filed, making the use of cloud based accounting systems highly beneficial.
Using our VAT Return service we will:
On an annual basis there are a number of legal forms that companies need to complete to keep within the law, such as dividend vouchers, meeting minutes and the confirmation statement. We can provide support to these services our you can outsource to us.
using our outsourced CoSec service we will