Avoid the hassle - trust our team to act on your behalf.
Just imagine the advantage of having someone to take the accounting burden away, how much more time you can spend concentrating on your business and clients.
Having a reliable accountant will not just save time for you but money as well. You will avoid potential penalties as you will not have to remember all the declaration dates and law changes - we will do this for you.
We offer accounting services for businesses including:
Get advice before registration.
Legislation governing this area is extremely complicated and volatile – but failure to comply risks penalties being imposed. We are ready to help you if you are not sure about VAT registration. We will suggest the best VAT approach for your company and produce declarations on your behalf professionally and hassle-free.
Services for contractors and sub-contractors
Construction Industry Scheme sets out special tax rules for subcontractors who work in the construction industry and how payments must be handled by contractors.
Contractors: As a contractor, you are required by law to meet specific obligations under the scheme, including registering with HMRC (HM Revenue & Customs), checking whether your subcontractors are registered with HMRC, paying subcontractors, deducting tax and submitting monthly returns and issuing statements confirming these payments.
If you are self-employed, you must register with HMRC under the CIS scheme and they will set you up to receive payments ‘under deduction’. This means contractors will make a deduction of tax at 20 per cent (30 per cent for unverified subcontractors) from the labour element of your invoices and pay it over to HMRC.
Benefit from a professional advice.
Our specialist tax team know that only with careful tax planning companies will be able to minimise their tax obligations and maximise their profits.
We advise many companies on the most tax-efficient ways to structure their affairs and ensure that all available tax reliefs are utilised. In many sectors and areas of business, tax legislation has tended to be an area of regular change and in such cases our firm regularly helps clients stay abreast of the latest opportunities, as well as any potential pitfalls.
We solve the mysteries of payroll tax.
Payroll is an important and a complex area in any business that involves managing employees' wages, holidays, sick and leave pays. From the first sight it might look relatively easy but knowledge and experience make difference in technical application and understanding of the rules and regulations governing PAYE area.
Attention should be paid to all aspects of payroll. Calculations of PAYE tax and NICs need to be passed on to HMRC consistently when payments to employees are made, penalties and surcharges are being charged if late submission is received.
It is advisable to trust an experienced payroll service provider while you will be able to spend more time in managing your business. Correct decisions may open many gates to the future.
Why worry - we will do it for you.
Under current UK legislations people are obliged to fill in a self-assessment if they are:
- registered as sole trader/self-employed;
- company director;
- receiving income from property let;
- in receipt of other income (i.e. dividends, foreign income).
An individual is responsible for filing declaration, not a contractor/employer, so it is necessary to keep a record of business expenses and incomes that will be used to submit a return. It is important to remember - a penalty will be issued if return is submitted late or payment did not reach HMRC in time.
