Accounting software automates financial tasks, providing businesses with real-time insights into their financial performance and helping them comply with regulations.
Auto Enrolment
Under the Pensions Act 2008, every employer in the UK must put their eligible staff into a workplace pension and pay into it. You have legal duties from the moment they employ their first member of staff.
Bookkeeping
Bookkeeping is the process of recording your company’s financial transactions into organised accounts daily. It can also refer to the different recording techniques businesses can use.
CT600
A CT600 is the UK Company Corporation Tax return which companies need to file with HMRC following end of the Companies accounting period
Confirmation Statement
Every company, including dormant and non-trading companies, must file a confirmation statement at least once every year. This confirms the information we hold about your company is up to date.
CIS
Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).
Financial Statements
As a Sole Trader, Partnership or a Director of Limited Company you must keep appropriate books of prime entry to record the Revenue, Expenses the Assets of the company and its Liabilities.
Fee Protection Service
Fee protection insurance provides coverage if there is an HMRC enquiry or dispute. It is a great way to protect yourself, your company against HMRC investigations.
Management Accounts
Management accounts are financial reports used internally by a company’s management team to track performance and make decisions.
Payroll
Payroll isn’t just about paying the most important people in your business. With rising costs and complex regulations, it’s a minefield that can derail even the most well-intentioned businesses with endless paperwork, compliance headaches, and potential errors.
P11D
At the end of the tax year, you must still report the Class 1A National Insurance you owe by submitting an online form called a P11D(b).
Registered Office
A registered office address service allows companies to have a professional-looking address for official purposes, like Companies House registration, without using their directors’ personal residences.
Self Assessment
Self-Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages and pensions.
UK Taxation
Income Tax is a tax you pay on your income. You do not have to pay tax on all types of income.
VAT Returns
VAT (Value Added Tax) is a tax added to most products and services sold by VAT-registered businesses. Businesses have to register for VAT if their VAT taxable turnover is more than £90,000.
