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Contact UsA PERSONAL APPROACH TO TAX AND ACCOUNTANCY MATTERS
Services
Book Keeping
The books and records can be maintained by this practice on your behalf, in a format best suited to your business. These can then be used to produce both management and annual accounts with minimal delay or disruption. The records can be computerised if required usually without any necessary associated expenses.
Annual Accounts
Production of annual accounts is essential to show the position of the business and any tax liability arising. These can be undertaken promptly in a format that best suits your requirements, with discussions on ways to improve your systems and constructive advice for your business.
Management Accounts
Management Accounts need to be accurate, meaningful and timely, but are often overlooked. These can be essential to the proper monitoring and future performance of a business. The preparation of these can be undertaken for your business, with meetings or conference calls to discuss them and appropriate action being agreed, as may be required.
Payroll
Often seen as a tedious, time consuming and often tiresome and a disadvantage to being in business, as governed by too much legislation. Our package can include payroll summaries, payslips and year-end returns, together with payment schedules, as may be required without overloading you with unnecessary paperwork.
Construction Industry Schemes
Whether a contractor or subcontractor or both, there are legislative requirements ranging from registration to compliance. Our service includes verification of subcontractors, calculation of the amounts payable, completion of the monthly statements and returns, to reconciling these to the other returns, as applicable.
VAT
Another potential legislation minefield, which can be delegated to us to ensure that the returns are correctly completed, deadlines met and all relevant matters researched as required.
Taxation
There are various distinct types of taxation – personal, partnership, trust and corporate – all requiring tax calculations and returns to be submitted. Your corresponding tax liabilities arising could be reduced by pro-active tax planning, provided that it is undertaken in time. There is also a significant amount of tax compliance by the Inland Revenue, which I can assist you with.
Enquiry and Dispute Fee Protection Service
A major downside to completing any type of tax return or being in business is that the Inland Revenue can request to examine your books and records, either as part of a routine inspection or as a specific enquiry. This practice can offer assistance with routine inspections, which would be charged on an hourly basis. For all enquiries into tax returns and disputes arising from the routine inspections, this practice offers a fee protection service. For an annual premium our fees would be covered; however, you will still need to be involved with the enquiry.