Year end Accounts & Corporation Tax
If your company or organisation is liable for Corporation Tax you have a responsibility to file a Company Tax Return to HMRC for each accounting period.
You must usually file a return even if your company or Yea hasn’t made any taxable profits
We can complete all work required to enable the completion of your VAT return based on the records provided by you. Using Xero accounting to submit the HMRC, we seamlessly keep you up to date and compliant.
All work can be carried out using Xero accounting software. We can help take the worry out of keeping accounts. Keeping your data up to date, you are able to have reports showing you what is happening in your business straight away. We can produce the following:
- Sales Ledger Information
- Management Reports
- Purchase Ledger Information
- VAT Reports
- Reconciled Cashbooks
- Cash flow Forecasts
By outsourcing your payroll, you will save time and money.
You can get on with running your business, without having to worry about:
- Keeping up to date with the latest changes in payroll legislation.
- Purchasing the necessary hardware, software and training needed to operate a fully functional payroll system.
- Finding cover when payroll staff are off sick or on holiday.
- Confidentiality issues.
Staff will have access to their payslips, whenever they need them using Xero payroll and all payroll information is entered into the accounts accurately.
NS Accounts & Technology will not only assist you with fulfilling your obligation to file a self-assessment tax return, we will also provide support and advice to minimise your tax liabilities.
The self-assessment system can be complicated and we provide compliance services and personal tax planning for a wide variety of clients, from sole traders to high net-worth individuals, which is personalised to the specific needs of the individual.
We are accessible and can be contacted to answer any questions which may arise throughout the year.
We aim to provide you with a service which represents value for money and one that you would recommend to your friends.
We will also take the worry out of dealing with the self-assessment system and HM Revenue & Customs as we will do this for you.
If you would like to speak to someone please do not hesitate to contact us.
There’s a lot more to accounting than simply calculating profit and loss and submitting tax returns.
When managed properly, your accounts can help you to make more informed decisions throughout the year. This can help you to run your business more efficiently as well as increase profits.
At N S Accounts & Business we can prepare monthly or quarterly management accounts for your business.
This will provide an in-depth analysis of your profit and loss, balance sheets, aged debtors and creditors, budget comparisons and reviews of variances and ratios.
We can train your staff to use Xero accounting correctly to help streamline your procedures.
So if you do not want to outsource your book keeping, we can still make sure that it is done to the highest quality.
Business Growth Expansion
Methods of expansion.
A business can grow in size through:
Internal (organic) growth – the business grows by hiring more staff and equipment to increase its output.
External growth – where a business merges with or takes over another organisation.
Combining two firms increases the scale of operation.