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Accounting and Tax Services

Annual Accounts

 

Your accounts are a valuable source of financial information to help you understand and run your business by supporting decision making and forward planning.
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In order to meet your regulatory and compliance requirements, we will prepare your annual accounts from your detailed accounting records, whether you are a sole trader, partnership or limited company. Once prepared, we will discuss and review the draft accounts with you to make sure you understand them and to make sure no further adjustments are required. 

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See also our 'Accounts' FAQs

Tax Returns

 

All businesses must complete annual tax returns. A key priority for any business is to stay compliant with HM Revenue & Customs' requirements.
 

Our service includes the preparation of your tax return, a tax calculation and telling you what tax is due and when.

 

The burden of tax compliance ultimately lies with you. Mistakes can carry heavy penalties and incur interest. A resulting enquiry or investigation can be a costly distraction from the focus of running your business.

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See our 'Tax' FAQs & Tax Return Checklist

Recordkeeping

 

Maintaining your accounting records can be very time consuming. Correctly maintained records provide business control and make the preparation of annual accounts easier.
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We can take away the hassle of routine bookkeeping so you can spend your valuable time concentrating on running your business.

 

Our comprehensive bookkeeping service ensures that your records are ready for the year end accounts. Our recordkeeping makes VAT return preparation straight forward. It also assists in prepare regular management accounts, throughout the year, to help understand how you are doing.

VAT Return Preparation

 

VAT is the most complex and misunderstood of all taxes. Penalties for incorrect completion of VAT returns can be significant. VAT returns must be filed online and on time.
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If you are registered for VAT, we can prepare your VAT return and submit it to HMRC on your behalf. We are MTD for VAT ready.

 

We provide an efficient and cost effective VAT return preparation, checking & filing service.

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This service is of great benefit to businesses that seek to limit their time spent on the administrative burden of VAT compliance.

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See also our 'VAT' FAQs

Payroll Preparation

 

Our payroll bureau service helps to relieve the burden of having to operate a regular payroll system yourself. We provide a timely, accurate and flexible payroll service to many smaller businesses.
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Paper or electronic payslips will be forwarded to you or sent directly to your employees, along with P45s and year-end P60s. Our payslips are clear and easy to understand.

 

We are fully Real Time Information (RTI) compliant and submit all required FPS and EPS submissions each pay period for you.

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We are set-up for and compliant with workplace pensions and auto enrolment.

Company Secretarial

 

By trading as a company, you are governed by the Companies Act 2006. You therefore have to file various documents at Companies House on an annual and on-going basis.
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These include changes in the directors of the company, as well as changes in their personal details e.g. home and service addresses.

 

Each year a company must file an Annual Return, showing details of directors, shareholders and key addresses. It is important that these details are kept up to date and are accurate. We are happy to deal with this administrative burden for you.

 

Form a limited company now

We never try to be like the big firms of KPMG, Pricewaterhouse Coopers, Ernst & Young, Deloitte or Grant Thornton. We believe, as an independent firm of Leeds Accountants, that the personal service you receive from us is more valuable than 'big firm' specialist knowledge. A experienced qualified accountant will be your primary contact with us. This ensures that that we exercise 'joined-up thinking' in respect to all your accounting and taxation needs.

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