We’re not just about ticking boxes.
There are lots of responsibilities you have as a business. We can take care of the little details that have the biggest consequences, giving you the freedom to focus on what you do best.
Life is filled with annoying little necessities. Unfortunately, running a business is no different. As a responsible business owner, it often falls on your shoulders to make sure all the boxes are thoroughly ticked. We know this isn’t always the best use of your time.
Our compliance services cover all essential practices legally required from an accounting standpoint — all in one place. In other words, we remove the stresses and headache, taking those responsibilities off your shoulders, so you can be confident that your business remains financially compliant and up-to-date with government regulation.
Accounts production
Statutory accounts — also known as annual accounts — must be submitted to Companies House and HMRC at the end of your company’s fiscal year, giving an accurate and fair view of the state of affairs of the company and of its profit or loss for that period.
You may also be required to provide copies to your shareholders and any regular attendees of your company’s general meetings.
We make sure you remain fully compliant in this area, producing and submitting all required statutory accounts on your behalf.
Confirmation Statement
All businesses are required to file a confirmation statement with Companies House annually. This document is used to confirm the information about you is correct and up to date.
Whether you choose to file a statement once-per-year or reactive to recent changes within your business, we will handle the entire process for you.
Corporation Tax Return
As a limited company, you are required to file a corporation tax return with HMRC annually. Failure to comply can result in penalties and, if not appropriately submitted on time, interest payments.
We make sure you know exactly how much you need to pay, and we submit the appropriate documentation on your behalf.
We then handle any subsequent communications with HMRC relating to your corporation tax return. This includes checking, initiating and chasing any repayment claims to which you may be entitled.
Personal Tax Return
In addition to corporate tax, you are also required to report on and pay tax to HMRC annually as an individual. This would be regardless of whether you are already submitting a self-assessment tax return or not.
We make sure you know exactly how much you need to pay, and we submit the appropriate documentation on your behalf.
We then handle any subsequent communications with HMRC relating to your personal tax return. This includes checking, initiating and chasing any repayment claims to which you may be entitled.
P11Ds
If you provide benefits to your employees, such as company cars, private healthcare or any other perks, then you will need to report these to HMRC. This includes any benefits or expenses you may receive also.
We prepare the necessary P11D forms (one for each employer, including yourself) and file them with HMRC annually for you. As with most tax filings, P11Ds must be submitted correctly and on time or else you may incur penalties.