As a contractor, we will ensure your subcontractors are verified, calculate the tax to deduct, produce their Statements of Deduction and submit your monthly returns to HMRC
IF you also work for other contractors, we will make sure your invoices comply with DRC and record any CIS you have stopped to offset against any CIS you have to pay.
If your turnover exceeds £85,000 on a rolling 12 month basis, you must be registered for VAT with HMRC and submit a VAT return, usually every 3 months, stating what your output and input tax has been. Submissions must be made using HMRC's making tax digital portal.
Small Business payroll, Whether your payroll is weekly or monthly, always the same or changes every pay period, we can ensure you are up to date with RTI, Pensions and Auto Enrolment.
New legislation regarding payslips, and minimum wage regulations. Sending payslips and reports using a secure encrypted portal to ensure you know how much and when to make payments to HMRC.
Organising and recording your financial records, preparing sales invoices, entering purchase invoices, reconciling your bank accounts and credit cards, entering your wages/drawings.
Providing regular reports, Debtors and Creditors, Profit and Loss and Balance Sheet.
Want to raise your own sales invoices, I can train you or staff to do this correctly on the software of your choice. I am a Xero Partner and QuickBooks Advisor. I trained on Sage so have used multiple versions over 35 Yrs.