PAYE & VAT
Two of the most feared words when it comes to accounts but unnecessarily so. We can deal with these for you from registering in the first place, to dealing with the regular returns need to keep HMRC happy.
Payroll can be undertaken on a weekly or monthly basis and for any amount of employees. We provide payslips in line with your pay cycle and can deal with other such paperwork such as P45's and the annual P60's. We will let you know your liability for PAYE & NI on a timely basis so that you can be fully compliant with HMRC. Annual returns can also be completed for you on your behalf.
VAT returns can be done for you and we will advise you the amount to be paid to HMRC. Depending on your existing set up this can be done on a monthly, quarterly or annual basis. We are fully conversant with the 3 most commonly used schemes for VAT which is flat rate scheme, cash accounting and the standard basis.
If you are not already VAT registered but think you may need to be then we can advise you as to which scheme maybe better for your business. All business's with turnover greater than £73,000 should be registered for VAT but some businesses below this may benefit from being VAT registered.
Construction Industry Scheme (CIS) is another one of those necessary but boring tasks that some business may have to adhere to. If you wish to outsource this we can help you to get registered and also aid you with your monthly returns.