It is essential that all businesses, large and small, keep accurate records for taxation and VAT purposes.
We are able to offer either an on-site Bookkeeping Service or a more cost effective off-site alternative. Our qualified bookkeepers and accountants all have between 5 -10 years experience in these disciplines and always work to the highest standards.
By using our Bookkeeping Services, you will not have to employ your own bookkeeper on an employment contract. One of the advantages of this is that you will never have concerns about covering this post in the event of holiday or sickness absences.
Accountants ‘R’ Us are very flexible. You will have a dedicated bookkeeper assigned to you, who will attend your premises on a scheduled daily, weekly, fortnightly, monthly or quarterly basis, depending on the particular needs of your business.
We provide a complete book keeping service that includes returning your source documents to you filed and fully referenced to aid the future tracing of documents and to maintain a sound audit trail.
Book keeping can be done either at your company year-end during preparation of your accounts (included as part of ‘Sole Trader Package’) or can be performed on an on-going basis throughout the year. Fees for this service depend on the number of anticipated transactions.
Using our regular Bookkeeping Service means that we are also able to provide you with management accounts on a monthly or quarterly basis if and when these are required.
Alternatively, should you wish to maintain control of your bookkeeping functions, we can assist you by putting in place a system that you will feel comfortable with and from which we can easily extract your year-end data, to prepare your accounts.
However large or small your business, you are obliged by law to collect taxes from all your employees by operating an accurate Pay As You Earn system.
Failure to meet your tax remittance obligations, as an employer, will mean that penalties and interest will be charged, adding to your employment costs. Late submission of employer forms and/or remittance of employee Tax and National Insurance Contributions to HMRC now leads to automatic issuing of penalties.
We can ease the burden of these obligations for you by either preparing and submitting your end of year returns from your own payroll records (included in our Sole Trader / Limited Company packages) or by providing you with a full payroll service.
The introduction of the CIS has meant a vast increase in paperwork for all businesses using subcontractors, whose trade falls within its scope.
If your business sells taxable goods or services, you must register for VAT as soon as your turnover reaches (or you think it will soon reach) the statutory registration threshold (currently £73,000).
Failure to meet this obligation may lead to penalties, interest and having to account and pay for the VAT you should have been charging from the time you should have been registered.
Call us today on 020 8944 1818 or Email us on firstname.lastname@example.org