Compliance Services
The objective of compliance services is to ensure that everything is submitted in a timely fashion in the right format to the right place! As a summary, this includes the following services:
- Accounts preparation for limited companies, sole traders, partnerships or LLP
- Preparation and submission of tax returns for companies and individuals
- Completion of VAT Returns. This service can be offered either from records you have prepared, or as part of our bookkeeping services detailed under support services.
Our policy is to arrange a date with you for when your accounts will be prepared, ensuring that we can both work together to have the relevant paperwork ready for collection at a given date. This means that once your records are provided we are able to commence work almost immediately , unlike traditional accountants who may start work on your accounts some weeks or months after your records have been provided.
You will be informed of what your tax bill is well in advance of your payment deadline and accounts and tax returns will be submitted well in advance of the relevant filing deadlines. Of course - this does depend on you being able to supply the information in line with our agreed timeline, but we will do what we can to work with you on this!
Company formations. The process of new company formations is kept simple and straightforward. Advice can be given on whether the company name you wish to be used is available. A standard fee of £65 (which includes the companies house fee) is applied to company formations.
Payroll services. Our payroll service is accurate, reliable and cost effective.
We manage all your payroll requirements, taking all the stress away from you allowing you to concentrate on your business.
Our services include
- Electronic payslips
- Providing new starter and employee amendment forms
- Setting up new starters and processing P45/P46 forms.
- Bank payments (if required)
- Mid period calculations for starters and leavers.
- PAYE, National Insurance, SMP, SSP, SPP calculations
- Holiday pay calculations
- Dealing with attachments of earnings, student loans and other statutory forms.
- Processing your year end return and submitting to HMRC
- Providing all your employees with P60’s at the year end
- Providing you with a summary showing monthly and year to date payroll figures.
- Redundancy calculations
- P45’s
- Advice on PAYE, National insurance and statutory matters.
- Data submission to HMRC for both starters and leavers.
- Any ad hoc payroll queries
We appreciate that mistakes may be made in the collation of payroll information within your organisation and as such we will not charge for a reasonable number of re-runs during the payroll year. In the case of a charge being necessary you will always be informed before the work is undertaken.