Services
Payroll
Send through your hours each week by any of the following methods:
- Telephone
- Text
…and we’ll take care of:
- Payslips
- Weekly/Monthly Summaries
- End of Year Returns
- P11Ds
- SSP
- SMP
- Working Family Tax Credits
- Student Loans
- Holiday Pay
- P46s
- All Inland Revenue Correspondence
We can also set up pension schemes for the business and ensure that all of the compliance aspects of the pension scheme are adhered to.
Regular Accounts
We prepare:
- Full Annual Accounts
- Full Management Accounts as required
The management accounts are normally prepared monthly or quarterly, but can also be prepared on the 4 week, 4 week, 5 week basis.
Whilst referring to these as management accounts, we aim to prepare these to the same standards as year-end accounts for the following reasons:
- To give a clear indication of the business performance
- To give a clear indication of profits for tax planning
Included in the management accounts for the Licensed Trade are separate trading accounts for both “wet” and “dry” so that the business can monitor its gross profit levels on a regular basis.
For Limited companies, we prepare Full Statutory Accounts together with an abridged set for filing at Companies House.
Book-keeping
Based on the information sent through to us, we aim to prepare the following:
- A detailed set of working papers giving a full analysis of each area of Income and Expenditure
- A detailed VAT account and summaries
- Fully reconciled bank accounts
- A fully reconciled cash Account
As we process the paperwork, we fully analyse each invoice and allocate the expenditure to its appropriate heading in the accounts. It is from this analysis that we are then able to build up accurate gross profit percentages and accounts as the year progresses.
Stocktaking
We have highly experienced stocktakers who we can recommend.
They will provide all stocktaking requirements:
- Wet Stock
- Food Stock
- Holiday Reliefs
- Changeover Stocks
- Full Sales Statistics, and analysis enabling you to maximise your profits
Taxation
We provide a full taxation service including:
- Self-assessment Tax Returns for the sole-trader, partners or directors
- Corporation Tax Returns for Limited Companies
- Dealing with routine Revenue correspondence
- Advising how much to pay and when.
Our tax planning services include:
- Planning future taxes and recommending savings levels
- Planning salary and dividend levels for Limited Companies
- Keeping our Clients up-to-date with tax changes and how these may affect the business.
Tax Investigations
Tax Investigation Insurance
Capital Gains Tax
VAT
We prepare a full set of VAT working papers each quarter based on the paperwork sent in to us.
From this, we are able to prepare your VAT Return and send this out to you each quarter for signature and payment.
We will also ensure that the records kept are MTD (Making Tax Digital) compliant.
VAT Inspections
If you have a routine VAT Inspection, we shall attend the initial meeting with the VAT officer and present the books and records etc.
There is no extra charge for this service.