Accountants: Accounting, banking, taxation and tax planning
We can prepare your statutory accounts and Efile these with Companies House. There is a preliminary postal setup authorisation procedure.
Part of the service you get is tax planning to take up your annual tax free personal allowances and personal dividend allowances and minimise the amount of tax you pay.
There is a requirement under the Companies Acts to keep records sufficient to assess the financial position of the company at any time. Company funds should be kept separate from personal funds; a tax liability arises from all transfers of funds to you from the company except for amounts previously put in.
We will be pleased to make banking introductions tailored to your requirements.
Even dormant companies need to file accounts and tax returns. See our tariff for a Dormant company inclusive support service including accounts, Corporation Tax return and form AR01 (363) Annual Return and anything else you need to do with your dormant company.
Even dormant companies attract penalties; see our penalties guidance.
We can provide bookkeeping services, including preparing VAT returns, or help you to do this yourselves.
Good bookkeeping procedures are the best way of avoiding tax and VAT inspections and enquiries or guarding against the effects of an enquiry. Adverse enquiries result in penalties and interest on underpaid tax.
See our client bookkeeping guide pdf.