The year-end accounts provide invaluable information about your business. By using your bookkeeping records we are able to prepare your year end accounts which will form the basis of your Self Assessment tax return.
The UK has one of the largest tax codes in the world, so preparing even the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.
All businesses are required to keep accurate records for both taxation and VAT purposes. Good bookkeeping practices also benefit the business by helping you manage and control your finances, plan for future growth and ensure that your accounts are completed more efficiently.
If you’re just starting out, we can help you decide whether you need to be VAT registered from the outset or not. And we will continue to monitor your situation, so that should it become obligatory for you to register for VAT, we can deal with all of the paperwork for you.
Meeting your obligations as an employer can be incredibly daunting especially with the introduction of Real Time Information (RTI). RTI means employers will now share information with HMRC on-or-before payments are made to employees. We can also set up an Employers’ Scheme with HMRC for you.
We use QuickBooks, the No1 online accounting software, to ensure our clients get the very best service. With its User Friendly interface, QuickBooks is the easiest way to view all of your business data in Real time.
We our a wide range of Business Start Up packages which can help you get up and running. Our packages include all registrations (Self-Assessment, Limited Company, VAT, Payroll etc), Business Bank Account, Business Plans, Transmit Start Up Loan, NBSL Funding, Insurance, Web-Design, Stationary and much more…
Automatic enrolment means most UK employers will be obliged to put in place a qualifying workplace pension scheme and automatically enrol their qualifying workers. Employers then have to make contributions to their workers’ pensions every pay period.
A good business idea needs a good business plan with sound financial information and a strategy to make the idea become a reality.
Preparing your business plan
Most start-up businesses will need funding and a business plan not only.
We can assist individuals and businesses with the preparation of their cashflow projections and budgets. A cashflow projection is probably one of the most important management reports as it shows how cash is expected to flow in and out of the business and how much capital investment your business needs.
Social Media has developed in to an important tool for businesses who are trying to grow their client base and we are able to offer training to our clients to utilise this marketing technique.
Are you aware that HM Revenue and Customs no longer need a reason for opening an enquiry into your business or personal affairs? This means that potentially everyone is at risk of a tax investigation
CT Accountancy Services NE Ltd can offer you Fee Protection Insurance which covers the cost of work your Accountant has to do towards an investigation.