Opening and maintenance of companies
ACCOUNTING & BOOKKEEPING SERVICES
Our services for Limited Companies include:
Preparation and submission of Annual Accounts;
- Submission of Confirmation Statement;
- Verification of subcontractors for companies registered under Construction Industry Scheme (CIS)
- Electronic submission of monthly returns for companies registered under Construction Industry Scheme (CIS)
- Preparation of payroll records;
- Entering purchase ledger documents (bills);
- Entering sales ledger documents (sales invoices);
- Preparing bank reconciliations;
- Preparing trial balances;
- Setting up computerized or manual bookkeeping systems;
- Profit and loss statements;
- Balance sheets;
- VAT registration ;
- Preparation and submission of VAT returns;
- Preparation of management reports on a monthly or quarterly basis etc.
Also we can assist with all payroll matters including Employer PAYE registration, running of weekly or monthly payroll including tax and national insurance calculations and production of payslips together with all year end filing requirements.
We have flexible payment system that is designed to suit clients with different requirements.
Please contact us on 07789758177 / 02082211165 for more information.
REGISTRATION AS SELF-EMPLOYED
If you start working for yourself, you’re classed as a sole trader. This means you’re self-employed and started your own business or you’re planning to work as a subcontractor under Construction Industry Scheme (CIS).
You need to register with HM Revenue & Customs for Self Assessment within 3 months from the beginning of your self-employment activity.
After registration HMRC will set up your records and send you a letter with a ten-digit reference, called a Unique Taxpayer Reference or UTR.
As self-employed individual your responsibilities are:
– To keep records of your income and expenses
– To file a Self Assessment tax return every year
– To pay Income Tax on your profits
– To pay Class 2 and Class 4 National Insurance contributions
You can be both employed and self-employed at the same time. For example, if you work for an employer during the day and run your own business in the evenings.
There are also other ways to work for yourself, like being a member in a business partnership or set up your own limited company.
We can assist you in registration as Self-Employed as well as provide you with essential knowledge about your rights and obligations when registered as Self-Employed.
INCORPORATION OF LIMITED COMPANY
To start a company, you will need to have the following information ready:
- Company Name and Address;
- Officer Details (Director and/or Secretary);
- Share Capital and Shareholder Details;
Company’s formation normally takes 1 working day. We can assist with submission of applications to incorporate a company.
Also we prepare the set of documents of incorporation:
- Certificate of incorporation
- Shares certificate
- Memorandum and articles of association
Our services include free basic consultation on specifications of taxation peculiar to you business and year end filling requirements.
