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Bookkeeping & Payroll ServicesWe can handle all your bookkeeping, VAT and payroll administrative tasks which are essential to the accurate preparation of annual accounts. HM Revenue & Customs has recently announced it will examine the accounting records of an additional 50,000 small businesses each year, so never before has accurate record keeping been so important. BookkeepingDepending on the size of your business, we prepare and maintain your "accounting records" using appropriate business software such as Quickbooks, SAGE or (in the more simple organisations) Microsoft Excel spreadsheets. VATVAT, despite being simple in concept, is actually a very complex tax with many traps for the unwary and significant penalties for those who get it wrong. VAT returns must now be completed online, and because of this many businesses prefer us to prepare their regular VAT returns. We also advise on the suitability of the various different VAT schemes such as the Flat Rate Scheme, cash accounting and the various retail schemes. PayrollTaking on employees can be very time consuming from an administrative point of view. We can minimise this by dealing with your payroll administration. We will prepare your wage calculations, providing a payroll summary and individual payslips for each employee. We calculate and track SSP, SMP, SPP and holiday pay, prepare P45s, arrange online payment of PAYE tax and wages and complete the employer end of year returns (P35s). All payroll returns must now be made online. A Virtual Accounts Department for You!In addition to the services above, using SAGE Line 50 we can provide a full "accounts department" service, arranging the payment of your supplier invoices and providing a sales ledger and credit control service. Our charges for all bookkeeping services are based on an annual price agreed with you in advance. |
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