Business tax

Business Tax

Whatever the size or type of your business, you will need to do certain things yourself or pay a professional

Accounts

It's what accountants do best - for sole traders, self-employed, partnerships, limited companies and charities. Necessary for working out tax and useful to know how your business is doing and monies owed.

Tax returns

Self-assessment and corporation tax returns based on the accounts - it's how HMRC knows how much tax you owe and when.

Payroll

If you employ anyone or just yourself as a company director, you need the software and knowledge to produce reports and payslips, and submit online to HMRC. Or you need a payroll agent.

VAT

If your business makes sales (not profit) over £90,000 per year there's a good chance you need to be registered for VAT and report to HMRC every quarter. A qualified accountant can obviously do this for you from your business software or records and advise on VAT issues.

Software

Unlike some accountants and book-keepers who only use their favourite software (or none) I'm experienced with all the major brands you might be using already - or something more traditional (or nothing).

File maintenance

And as part of the service you would expect to get your documents by email or hard copy (or both), plus your records sorted for safekeeping.

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