Services

All limited companies have a statutory requirement to submit accounts to Companies House and to HMRC, along with their corporation tax return.  I will prepare your year end financial statements in accordance with the relevant accounting standards and prepare your corporation tax return, filing them electronically to the relevant authorities.

Limited companies are required to file their accounts within 9 months of their year end and pay their corporation tax within 9 months and 1 day of their year end date.

If you would like more up to date information on how your business is performing, I can provide a bespoke set of management accounts on a monthly or quarterly basis.  These will give a useful insight into the costs your business is incurring and give a good indication of the profit that you have currently made.  They can also be used to provide an estimate of the amount of tax that you are likely to pay.

Being able to view up to date information is key to understanding how your business is performing in order to make sound decisions.  As well as having management accounts, I can also assist in training on how to utilise the reports that your software has to offer so you can have this vital information at the click of a button.

Getting your VAT Return right is more important than ever with the new VAT penalty regime introduced by HMRC in January 2023.

All VAT registered businesses now have to be signed up for Making Tax Digital (MTD).  This means that you need to prepare your VAT Return on software which is MTD compliant and submit electronically to HMRC.  I can help with choosing which software is right for you and your business, implement a system and provide training.

I have experience with the various VAT schemes including partial exemption and the Tour Operators Margin Scheme.  I will assess whether you are on the appropriate scheme and can amend this if necessary.

If you need assistance with registering for VAT or if you are unsure of how VAT works, please get in contact.

This can be as involved or as little as you like.  Whether you need help with everything from data entry, reconciliations, assistance with payments runs or even just to review the accounts and VAT Returns to make sure everything is posted correctly, I can assist you with this.

If preparing the bookkeeping, this will be produced to the standard required to prepare your year end accounts, reducing the overall cost of preparing the accounts and tax returns.

I am a certified Xero and QuickBooks advisor with extensive knowledge and experience with Sage. I have the ability to work remotely, so we can set up a system where information can be uploaded electronically, removing the need for physical paperwork.  If within a reasonable distance, I will be able to pick up paperwork or even work at your premises if required.

You may have been hearing the phrase "Cloud Accounting" more frequently.  Accounting on the cloud means being able to access your data from anywhere in the world rather than having it stored on a computer. 

Cloud software allows you to have different users, including your accountant.  If you have a question on how to run a report or how to make a correction, your accountant can log on to your software straight away and see what the problem is.  You can also have your bank transactions downloaded into your software like an electronic statement, speeding up the bank reconciliation and making sure your company's cash flow is kept up to date.

I can provide a discounted subscription for QuickBooks Online as I am an Accountant Partner, or can assist in choosing the right package for Xero or any other software.