Accountants specialising in the provision of accounting and tax services for small owner managed businesses. Services include book keeping, VAT, payroll, accouns preparation, statutory accounts filing, corporation tax returns and self assessment.
VAT
Accountants specialising in the provision of accounting and tax services for small owner managed businesses. Services include book keeping, VAT, payroll, accouns preparation, statutory accounts filing, corporation tax returns and self assessment.
VAT is a complex area and requires accurate record keeping and prompt settlement of any liability on a quarterly basis. Once registered, you are legally responsible for making a correct VAT return and for payment of VAT on time. On appointment, the firm can provide advice on the benefits of voluntary registration and the financial thresholds for statutory registration.
It can be advantageous for you to register voluntarily when your business costs or purchases include VAT and most of your customers are VAT registered so they can claim back the VAT you will need to add to your sales.
There are various schemes for smaller businesses, designed to minimise the administrative burden and to help improve cashflow and budgeting, which the firm can advise on. The service is designed to help ensure you are aware of the key filing deadlines and penalties for late filing. |
|
Services
Book keeping »
Accounts preparation »
Self assessment »
VAT returns »
Company formations »
Statutory filings »
Payroll »
IR 35 Advice »
|