Accounts preparation
When running a business it is important to know what the figures show in order to decide how your business is performing.

I offer accurate preparation of year end accounts that are compliant with UK accounting standards and legislation for sole traders, partnerships and companies.

Whether your records consist of invoices & receipts in a carrier bag, manual books, spreadsheets or on book keeping software such as Sage I have experience of them all.  Your year end accounts will be prepared from your records to fulfill your legal requirements for filing and completion of tax returns.

Book keeping
I can provide:

• a book keeping service, fully outsourced to my premises or I can work at your premises; or
• advice as to what kind of book keeping system is suitable for you and how you can ensure this gives you the information you need for the day-to-day running of your business; or
• a combination of both, where you input the information and I look at it and make any relevant adjustments on a monthly or quarterly basis.

Management accounts
I can provide you with monthly or quarterly management accounts to give you detailed information on the financial performance of the business.

This could incorporate cashflow monitoring and forecast predictions and will be tailored to the needs of your business.

Payroll
I offer a weekly/monthly payroll processing service.  Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties.

My confidential service includes:

• payslips for your staff
• administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc.
• completion of statutory forms (including year end returns)
• summaries and analysis of staff costs
• reporting to HMRC under the new Real Time Information (RTI) regulations from April 2013

Can also provide advice on all aspects of staff remuneration, benefits, redundancy etc.

PAYE and National Insurance
I can assist with the completion of Benefits & Expenses returns (form P11D) and applications for Expenses Dispensations and PAYE Settlement Agreements.

Company secretarial
I can assist with:

• company formations
• preparation and filing of statutory returns
• preparation of all documentation (such as minutes and resolutions)
• maintenance of statutory books (share register, minute book, etc.)
• general advice on company law

Tax Compliance

Personal (including partnership tax returns)
There is more to personal tax compliance than just filling in tax returns.  As well as planning and advising clients so tax is not paid unnecessarily, my service includes:

• completion and submission of Self Assessment tax returns and supporting schedules to HMRC
• calculation of tax liabilities and advising of tax payments and due dates
• agreeing Self Assessment statements of account
• registering for Self Assessment
• checking PAYE coding notices
• dealing with minor queries arising during the period including any correspondence with HMRC

Other personal tax compliance will be dealt with as the need arises i.e. national insurance matters, inheritance tax reporting, preparing accounts for investment properties and calculating capital gains tax liabilities.

Corporate
As well as helping corporate clients meet their tax obligations I also consider the optimum tax position for owner-managed companies.  My services include:

• preparing tax computations adjusting a company’s accounts for tax purposes
• preparing  a corporation tax return form CT600 for each accounting period
• keeping a close check on filing deadlines for company tax returns, which helps clients submit their returns on time
• calculation of corporation tax liabilities and advising clients of the corporation tax payments due, typically falling 9 months after the end of an accounting period
• calculation of other company tax liabilities i.e. corporation tax due on an overdrawn directors’ loan account

VAT
Accurate and timely completion of VAT returns is a legal requirement and late submission can lead to penalties and interest.

I can offer assistance with:

• advice with regard to registration
• completion of VAT returns
• details on the different VAT schemes available i.e. Flat Rate Scheme, and whether they are beneficial to your business
• partial exemption calculations
• VAT compliance including record keeping, deadlines, claiming input VAT, penalty regimes etc.
• HMRC enquiries