Accounting
Accounting
Accounting and Auditing
Preparation of year-end financial accounts for sole traders, partnerships, limited companies and clubs, including preparing abbreviated accounts for filing at Companies House. In addition, we can audit your financial accounts should you require this, either to meet your company's statutory obligations or by special request.
Bookkeeping and VAT Returns
Maintenance of accounting records, with the possibility of preparing monthly, quarterly or six-monthly management accounts. We can also, either in addition to maintaining accounting records or as an alternative, maintenance of VAT records, completing monthly or quarterly VAT Returns and submitting them to H. M. Customs & Excise.
Maintaining our client's accounting records allows them more time to concentrate on the finer points of running their business. Also, due to the increasing complexity of Value Added Tax and continual changes in VAT law, many clients prefer us to maintain their VAT records to reduce the burden of VAT compliance.
Payroll Services and Advice
Maintenance of payroll records, either weekly, fortnightly, four-weekly or monthly, including providing employee payslips and completion of monthly PAYE & NIC payslips for payment of Pay As You Earn and National Insurance Contributions. Completion of Employer's Annual Return Forms P35, P14/60's, P11D's, P11D(b) for filing with H. M. Inspector of Taxes. We can provide the facility to file client's Employer's Annual Returns online, which will result in tax free incentives totalling 825 over the next five years commencing with the year ended 5th April 2005, if they are a small employer. In addition, we can provide advice on all aspects of payroll from the National Minimum Wage, National Insurance thresholds, Statutory Sick Pay, Maternity Pay, Paternity Pay and the Working Time Regulations to Statutory Redundancy Payments and Statutory Periods of Notice.
Due to the seemingly endless increase in the onerous burden of administering employees and maintaining payroll records as a result of increasing regulation, continually changing income tax bands and National Insurance thresholds and rates, tax credits, student loan repayments etc., using our payroll services removes a major part of that burden, which allows you to concentrate on the more important aspects of running your business.