If you are an individual tax payer, in business as a sole trader, partnership, limited liability partnership, a limited company or if you are contemplating setting up your business for the time, we can help you with the following.
Start-up planning and organisation:
- Business structure – sole trader, partnership or limited company
- Limited company shareholdings
- Registration with HM Revenue & Customs
- VAT Registration: timing, procedure and administration
- Construction Industry Scheme registrations and certificate applications
- IR35 pitfalls for small service companies
- Trademark registration
- FSA Registration
- MLR registration
- Business plan, Budgeting and Forecasting
- Charity Registration
Book-keeping and accounting:
- Setting up of in-house systems and procedures
- Computerisation – Sage, QuickBooks, etc.
- VAT returns – how & when
- Construction Industry Scheme payments to subcontractors & returns
Payroll:
- Set-up, timing deadlines and processing planning
- PAYE & NI deductions and advise to pay HMRC by due date
- Computerisation and processing with Moneysoft Payroll Manager
- Year end routines – preparation & filing
- Online filing: Compliance with real time Information (RTI)
- Employee benefits in kind – P11d returns and filing, Class 1a NI
- Pension Administrations
Accounts:
- Monthly/quarterly management accounts
- Annual financial statements for all type of organizations
Company secretarial:
- Company formation
- Registered office and service address hosting
- Maintenance of company statutory registers
- Share issues and transfers
- Online Filing of Confirmation Statement
- Maintenance of Companies House record
Taxation – individuals:
- Planning for income and gains
- Residence and non-residence advice
- Property income statements
- Self-assessment returns
- Liabilities: calculation of amounts and timing
- Capital gains tax for non-business assets
- Inheritance tax planning
Taxation – businesses
- Calculation of taxable profits
- Loss reliefs
- Capital allowances
- Salary and Dividends planning
- Partnership Self-Assessment returns
- Calculation of partners’ shares of taxable profits for individual returns
- Company tax returns
- Calculation of corporation tax liabilities and timing
- Capital gains tax and Entrepreneurs relief for business assets
- Taxation of capital gains and indexation for limited companies
- IR35 administration for small service companies
- Keeping clear of IR35 problems
Enquiries and compliance inspections support:
- Self-assessment enquiries
- Corporation tax enquiries
- PAYE compliance inspections
- Subcontractor status reviews
- VAT inspections