Let us help you with your new venture; we can help you decide on what business structure suits your business; we can assist you in registering with HMRC, setting up any new payroll or CIS schemes, we can assist you in a new company formation and give you advice on your future record keeping.
Whether you're a sole trader, partnership or limited company we can prepare your year end accounts for you, providing you with peace of mind that your accounts will be prepared correctly and are produced in the correct format.
Tax Planning & Advice
We can provide tax advice on Corporation Tax, Personal self assessment tax, VAT, Capital Gains Tax. Tax can be a tricky subject and it can be hard to keep up with its every changing legislation; let us help you, giving you peace of mind that you and your business remains compliant and up to date.
We offer a full bookkeeping service; please contact us to discuss your individual business needs and how we can be of assistance.
Value Added Tax (VAT)
We can prepare and submit your business quarterly VAT return to HMRC; ensuring you are claiming all VAT on qualifying expenditure.
We offer a payroll service tailored to suit your business requirements. We can produce payslips on a weekly, 2 weekly's, 4 weekly or monthly basis to suit you. We will also produce your monthly PAYE report and advise you of your PAYE liabilities, help you with holiday pay calculations and offer you assistance and calculate your employees SSP, SMP or SHPP. We will submit your payroll information to HMRC in Real Time as required.
You will need to comply with Auto Enrollment; our payroll software can assess the status of your employees and will create all necessary auto enrolement correspondence on your behalf, keeping you compliant without the hassle; leaving you more time to run your business.
We can send your employee's payslips and any payroll correspondence direct to your employees via Open Payslips.
Construction Industry Scheme
Under this scheme contractors deduct CIS tax from subcontractors and pass this money over to HMRC. Any CIS tax deducted at source from a subcontractor will count as a payment on accounts towards the subcontractors tax and national insurance.
We can help you register as a contractor or subcontractor within this scheme. Verify your subcontractors and advise you of the appropriate rate of deductions, prepare and submit your monthly CIS returns to HMRC on your behalf, advise you of your monthly CIS tax liability and prepare your subcontractors statements of CIS tax deductions.