Our Accounting and Tax Services
Your accounts are a valuable source of financial information to help you understand and run your business by supporting decision making and forward planning.
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.
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.
Maintaining your accounting records can be very time consuming. Correctly maintained records provide business control and make the preparation of annual accounts easier.
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 and we normally can prepare regular management accounts throughout the year.
VAT Return Preparation
VAT is the most complex and misunderstood of all taxes. Penalties for incorrect completion of VAT returns can be significant. Returns must be filed online and on time.
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 and checking service.
This service is of great benefit to businesses that seek to limit their time spent on the administrative burden of VAT compliance.
Our payroll bureau can relieve the burden of having to operate a regular payroll system. We provide a timely, accurate and flexible payroll service to many businesses.
Paper or electronic payslips can be forwarded to you or sent directly to your employees. Our payslips are clear and easy to understand.
We are set up for Real Time Information (RTI) and can make the FPS and EPS submissions each pay period as required.
By trading as a company you are governed by the Companies Act 2006 and therefore have to file various documents at Companies House on an on-going and an annual basis.
These include changes in the directors of the company as well as changes in their personal details e.g. home address.
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 accurate. We are happy to deal with this administrative task for you.
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 specialist knowledge. A qualified accountant will be your primary contact with us. This ensures that that we exercise 'joined-up thinking' with respect to all of your accounting, taxation, VAT planning etc.