Compliance with VAT is becoming ever more complex. In recent years, HMRC has increased the level of intensity of their investigations – which makes it all the more important that VAT returns are completed correctly.
- Self-Assessment Tax Returns
Completing a self-assessment tax return can be an arduous and lengthy process – and whatever you submit to HMRC has to be one hundred percent accurate.
For every new business conceived this year, it is likely that only 43% will still be going in a year’s time – and only 20% will remain in 5 years’ time.
Good is a crucial element in the upkeep of any business, as maintaining an accurate record of financial deposits and outgoings in a business and keeping on top of things on a regular basis makes financial forecasting and end of year finalisation much clearer, simpler tasks.
Running your own business was a pleasure until the day you took on your first employee and became an unpaid tax collector. This is when you found out what red tape was all about. Payroll is an important and integral part of running a business – without contented employees, things can soon sour and issues quickly develop.
All businesses can benefit from quality management information on which to make the right decisions, but only a minority of businesses can afford a dedicated finance function. We can prepare your management accounts on a monthly or quarterly basis in an efficient and cost effective way, in order to help you track how your business is performing and identify strengths and weaknesses in good time.
- Cloud Accounting
Smart software and online-based systems have revolutionised the way we live our lives and run our businesses – dominating every facet of everyday life and rapidly replacing paper databases with slick, simple to use interfaces.
- Company Formations
Setting up a new limited company? In need of fast paperwork completion? We can set up a limited company for you within one working day so you can get started quickly and correctly. We complement this service with helpful nuggets of insider knowledge – for example, if you open a bank account with Barclays, then you can get £40 cash back.
News / Blog
Changes to company carry-forward of losses confirmed
Initially announced at the time of the 2016 Budget and following a period of consultation, Finance Bill 2017 contains provisions…
Salary v dividend
The questions surrounding the issue of how best to extract profits from a company in a tax-efficient manner remain as…
Changes to IR35 rules confirmed
HMRC have recently announced changes to the way the intermediaries legislation (known as the ‘IR35 rules’) will be applied to…
Self-employed professionals urged to check their NICs and their subsequent pension eligibility
The Institute of Chartered Accountants in England and Wales (ICAEW) has raised concerns that the UK’s self-employed community could be…