Our Services
Accounting
The system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. We offer accounting software to clients, you will have a choice of using Capium for free or a paid xero.
MTD ITSA & VAT
To be compliant with the MTD ITSA and VAT you may use a free Bookkeeping software Capium when you sing us or use a paid Xero as we are approved xero partners. What is MTD (ITSA AND VAT) If you currently keep paper records such as a notebook or paper receipts, you can continue doing so. However, from your first accounting period starting on or after 1 April 2022, you must also keep your records digitally using Making Tax Digital compliant software such as: accounting software a spreadsheet If you choose to keep digital records on a spreadsheet, then you must also use bridging software to make sure your spreadsheet is Making Tax Digital compliant.
Bookkeeping and our help
For your bookkeeping you may use a free Bookkeeping software Capium when you sing us or use a paid Xero as we are approved xero partners. Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. It involves preparing source documents for all transactions, operations, and other events of a business.
Tax/company returns
A Company Tax Return is the financial information that most companies file with HMRC each year to report on their earnings, losses, loans and any other factors relevant to their tax liability. Companies use this information to calculate the Corporation Tax that they owe.
Tax planning & Tax enquiries
Tax planning refers to the process of minimising tax liabilities. In other words, you want to reduce what you owe on your tax bills by taking advantage of any allowances, exclusions, exemptions, and deductions. For business owners, this means looking both at company taxes as well as personal taxation.
Company setup
We help clients setup limited companies and then offer a complete support running their companies i.e. Company secretarial services, office address, A Trust or Company Service Providers (TCSP).
Doctors/Locum Accounts
We have a dedicated member of staff who looks after the Doctors, Nurses and consultants operating through the limited companies. We may also direct you to a Financial advisor if you want to setup private pension on behalf of your company.
Real time information PAYE
n April 2012 HM Revenue and Customs (HMRC) began the phased introduction of Real Time Information (RTI). The Income Tax (Pay As You Earn) Regulations 2003 (PAYE Regulations) were amended to reflect reporting in real time. Under RTI, information about tax and other deductions under the PAYE system is transmitted to HMRC by the employer every time an employee is paid. Employers using RTI are no longer required to provide information to HMRC using Forms P35 and P14 after the end of the tax year, or to send Forms P45 or P46 to HMRC when employees start or leave a job. Since April 2014 all employers have been required to report in real time with 1.9 million schemes covering 48 million employees now reporting through.
Charities registration and running support
Charities are one of our areas of expertise, We act for and look after the accountancy and development needs of a diverse portfolio of charity, voluntary sector clients. Charities and not-for-profit organisations face similar challenges to profit-making businesses. To succeed they have to be run and managed as viable organisations satisfying the needs of all their stakeholders. Our dedicated team has a thorough understanding of the sector, providing specialist advice on matters relating to the strategic development of organisations and challenges faced by the dynamic environment in which they operate.
...much more
Get in contact to find out even more that we offer for you and your business...