Compliance

What to expect from us

As an accounting firm we make sure all our clients are compliant with the rules set by bodies such as HMRC and Companies House. 

We will make sure that your bookkeeping is all up to date, so you are not chasing any last-minute deadlines.

Through your client portal we will check and update your information regularly ensuring that no deadline is missed by us, giving you peace of mind that your finance function is all taken care of.

What we Expect from you

  • Upload your receipts monthly to your client portal.
  • Don’t leave things to the last minute, give us what we need when we need it.
  • Get back to us within 72 hours of requesting information.
  • Have funds aside to pay your taxes every month – PAYE/NIC, VAT, income tax, corporation tax.
  • Keep us informed of any changes in your business as soon as they happen.
  • Don’t ignore the brown envelopes from HMRC
  • Act on our advice.
  • Never miss your monthly direct debit payment to us.

Compliance Services

Personal Tax Return Submission

Preparation and online submission of your personal tax return, calculating your tax bills and advising you on how much tax to pay and when; completing a personal tax return is not just form filling – we follow a strict process.

Annual Accounts & Corporation Tax Return

As a limited company, you are required to prepare statutory accounts and submit these to Companies House annually. This is all included within your quote, and you will have peace of mind knowing that this is all taken care of for you. You are also required to file a Corporation Tax Return annually with HMRC. We’ll take care of everything that HMRC require and inform you of the corporation tax payment required in plenty of time.

VAT Returns

We will be preparing and submitting your quarterly VAT returns ongoing, meaning that you will be well aware of your VAT liabilities and keep the VAT-man happy! We’re not just filing a bunch of number though; we take a 6-step approach to our VAT Returns service.

Directors Tax Returns

Along with preparing the company accounts and tax returns, we will also prepare your personal Directors tax returns. These are required to declare your personal income (Salary & Dividends) for the year.

P11d’s

If you provide benefits to your employees – cars, private medical insurance, gym membership, etc – we will prepare and file the annual P11D form to HMRC

Confirmation Statement

We will update the annual form that is to be submitted to Companies House giving details of the company address, Directors, Shareholders and Principal activity of the business.

Following rules are important and not complying is running the risk of:

  • Triggering a tax investigation (can be costly)
  • Fines and penalties
  • Paying interest and surcharges
  • Getting into debt and your business closing

Want to start with us today?