Monthly/Annual Accounts/Corporation Tax & Payroll

Preparation of monthly management accounts.
Preparation and submission of annual statutory accounts.
Corporation Tax return preparation and filing.
Financial statements prepared in accordance with applicable accounting standards.
Profit and loss, balance sheet, and cash flow reporting.
Budgeting and financial performance reporting.
Payroll processing for directors and employees.
Real Time Information (RTI) submissions to HMRC.
Workplace pension administration and auto-enrolment compliance.
Statutory payments administration (SSP, SMP, SPP, SAP, etc.).
Employer PAYE and National Insurance reporting.
Ongoing payroll and accounts support.
Compliance with HMRC and Companies House filing deadlines.

FAQs

Why do I need monthly management accounts?

They provide a clear view of your business performance, helping you monitor profitability, cash flow, and make informed decisions.

Do I need to prepare annual accounts?

Limited companies are required to prepare and file annual accounts with Companies House and HMRC.

What happens if I file my annual accounts late?

Late filing can result in penalties from Companies House and may affect your company's compliance record.

Can you deal with HMRC and Companies House on my behalf?

With your authorization, we can communicate with HMRC and Companies House regarding your accounts and tax matters.

What information do I need to provide each pay period?

Simply provide any changes to employee hours, salaries, bonuses, or new starters and leavers.

Do you submit payroll information to HMRC?

We submit all required Real Time Information (RTI) reports to HMRC.

What happens if payroll is submitted late?

Late submissions can result in HMRC penalties. We help ensure payroll is processed and reported on time.

When is my Corporation Tax due?

Corporation Tax is usually due 9 months and 1 day after the end of your company's accounting period.