Corporation Tax Return Services
Helping You Deal With End Of Year Accounts
One of our specialities is knowing about company accounts and filing company tax returns. These tax returns are more complex than personal tax returns. Having knowledge of which items can be claimed for and which cannot is something limited company owners can find frustrating. Plus, putting together your year-end accounts can be a task you’d rather avoid. We have a lot of experience in this area and will make sure your rates and relief claims are correct and, therefore, only pay the corporation tax you owe.
Categorising the claims correctly and compiling your annual accounts can be made easier for you. Plus, it makes sense to check with us before filing your CT600 to the HMRC.
Our small business end of year of accounts service can be stress-relieving and cost-effective as a service on its own. However, you could also consider outsourcing this task along with our bookkeeping services. If you further this by handing over your payroll and your VAT, we may save you from having to deal with the HMRC again!
What Are The Benefits Of Using Our Company Tax Return Services
It is often hard to understand all the different claims a business can make on its corporation tax return. Alternatively, it can be easy to underestimate the VAT on your return; this could ultimately lead to fines and difficulties with HMRC and companies house.
Our team of qualified accountants are expert at compiling small business company tax return accounts. Leaving this task to us will leave you free to run the business.
Running a business often means investing in new equipment or premises, and you don’t always know what you can claim relief for and what you cannot. Talking to us before purchasing means we can help you make the right decisions and buy at the right time.
As a business owner, you rightly want to concentrate on building the business. Delegating tasks is a sign of good business owners practice. Finance is not everyone’s forte. Filing your end of year accounts is one of those areas of taxation that most people find confusing, so giving this task to someone else can bring immense relief.
As a limited company charging VAT on your products and services means keeping a clear record and paying the right amount to the HMRC. We can ensure that these payments are correct and prevent you from ending up penalised.
We can assist you in locating all your receipts and invoices within bank statements. When running a business keeping a record of these means you account for every penny. As corporation tax is on your profits, you need to be sure of your annual profit.
The Ways We Can Support You With Your Company’s Financial Year End
The internet combined with online accounting software means that, although based in London. We can support you throughout the UK with your annual accounts. However, if you would like us to attend your premises and provide support on a face-to-face basis, we can do this.
We are familiar with whichever accounting software you use, such as QuickBooks, Xero and Sage. We also recommend using cloud accounting software to manage your books, as it allows access wherever you are. You can use scanning technology right on your smartphone to keep track of receipts. Some banks support this through their app and provide pdf facilities for your transactions.
You can outsource all your corporation tax return services to us or receive support and advice on organising your returns and preparing your financial year end accounts. We provide tax services for small business owners that suits them. Whatever level of support you need, we have got you covered ready for your company’s financial year end accounts.
Would you like training in VAT for your staff members? We can accommodate this too, either online or face to face on your business site.
We support all business sizes too, whether you are a sole trader, SME or larger.
Our Expert Team
Our accountants are fully qualified and experienced with all main accounting systems. We have been supporting businesses like yours for many years and have accumulated lots of experience in doing so; therefore, we understand the challenges you may face in navigating the complexities of company tax return rules and dealing with HMRC and companies house.
At AccountingPreneur, we provide VAT, bookkeeping and payroll services so that you can leave all the financial record keeping to us. As business owners ourselves, we understand all the nuances of business transactions, payments in and out, invoicing, bills and reconciling these figures, so we also know where corporation tax fits in the equation.
We like to think we are friendlier than the HMRC helpline. We certainly are on your side in any dealings with them. Let us lead you through the financial maze and ease that headache for you.
Are You Ready To Outsource Your Annual Accounts?
If you would like to discuss your corporation tax with us, we would love to hear from you and talk through this option. Businesses that are proactive towards sorting their financial affairs are our favourite kind of business with which to work. If you are ready to outsource, please do not hesitate to contact us today.
What We Provide
A Designated Person
We will ensure that you have one person that is your designated team contact to ensure continuance. This person will be the one who runs your payroll so any queries will be handled quickly and with ease.
You will be given access to the payroll team and your contact via a direct phone line and email. All queries will be answered within a 24 hour period.
Salary Sacrifice
We can advise you on salary sacrifice options such as the provision of a company car for employees and any employment benefits such as bonuses.
HMRC
If an employee has an incorrect tax code, or a non-beneficial tax code, our team of experts will lease with HMRC on your behalf to sort this out.
We make sure that your systems are up to date with any changes in HMRC legislation and changes to PAYE schemes. Keeping on top of the constantly changing rules is vital to having a smooth running payroll system and avoiding any penalties for not doing so.
Safety and Security
Our state of the art payroll system ensures minimal room for errors. We also check the results to ensure a problem free payroll run every time.
All data is securely encrypted and stored for you to access at any time you need, for a minimum of seven years, as required by law.
Data security is our top priority and our portal is highly secure. We also use encrypted emails and have a secure online payroll dashboard for employees
Reporting to HMRC
Our payroll software will send a Full Payment Submission (FPS) to let HMRC know about all payments to your employees including any deductions that you have made.
We make sure that the FPS is sent on or before your employees’ payday as per HMRC guidelines even if you pay quarterly rather than monthly.
HMRC require a consistent reporting of pay. For example, even if payday falls on a Bank Holiday and employees are paid early, they still want the entry on the regular payday. We make sure of this consistency.
Payments
We are approved to pay salaries via BACS and can also make any pension payments, HMRC and 3rd party payments on your behalf.
Most importantly, we ensure your employees are paid the correct amount every time and on time.
We understand that payroll is something that you just want to run smoothly without having to worry about it.
Your staff want to be paid the right amount, on time, every time. We know that you want to ensure this happens.
At AccountingPreneur, our systems ensure that this is exactly what happens. Contact us today to find out how we can help you with your Payroll.
Auto Enrolment Systems
We can advise on and set up auto enrolment pension or personal pensions such as SIPPs. This will ensure the smooth running of any pension plans taking the pressure off you and making sure you are compliant with all legislative requirements.