As Chartered Accounts we aim to give accurate and thorough reports of our client’s financial position, both from a Management and Financial Accounting perspective.
Our clients are businesses and individuals who prefer a proactive relationship with their Chartered Accountants, can be assured that they meet all relevant statutory and regulatory requirements and are prepared for the plethora of changes that affect their businesses on a day-to-day basis.
Bookkeeping and Accounts
We provide Bookkeeping and Accounts to our clients in three packages:
Gold-Daily Entries, recording and filing
Silver-Monthly recording and filing
Bronze-Quarterly recording and filing
Businesses have various methods of wage and salary payment that ranges from Weekly, Fortnightly and Monthly.
We provide payroll support base on the need of the client and will send the various statutory payment to the HMRC (Inland Revenue) if the client wishes.
Over the pass two year there has been lots of changes with VAT (Value Added Tax) with rate changing from 17.5% to 15% then back to 17.5%. Currently with change of government VAT is expected to move from 17.5% to 20% as of January 2011. We provide our clients with calculation of input and output VAT calculations and quarterly returns.
Within the first few years of operations business tend to struggle to make a profit and this will be more apparent with the world financial melt-down. Bearing this in mind it is important for businesses to calculate profit currently, to avoid underpayment tax). that errors don’t occur.
We do personal Assessment for the Self-employed individuals who wishes pay their Taxes on-line or send to the via post. We give sound advice and counsel for example changes to Tax Law, expenses that are Taxable and those that not etc.