our services

1. Bookkeeping
Bookkeeping is an essential process to get a comprehensive, global financial picture of your company, understand whether it is doing well or not, monitor expenses and better understand how to make the necessary changes to improve your current situation.


2. CIS
The CIS, acronym for Construction Industry Scheme, set the payment rules for the construction industry subcontractors. Although this scheme mainly applies to construction-only companies, other entities with a high spend on construction also fall under CIS.

What are construction operations?

Here a list:
• civil engineering work
• permanent/temporary building work
• extensions
• refurbishment
• decorating
• demolition


3. Company Formation
Company registration indicate the process of incorporation of a United Kingdom business. According to company law, this entity has a specific status and features. Although companies can be created by individuals carrying out paper/online filing at Companies House, business accountants offer company formation packages to help complete things in a quick and easy manner.
Documents
As experienced accountants, we have helped several companies register and start their activities.
According to the Companies Act 2006, the standard procedure is sending the

Registrar of Companies the following documents:

• Articles of Association, signed by all subscribers, to define internal company’s rules;
• Form IN01, containing details of the capital, the subscribers and a Statement of Compliance;
• Memorandum of Association, with a comprehensive collection of subscribers’ names and signatures and a detailed share plan.


4. Limited Company Accounts
One of the several ways in which a new business can be structured is the Limited Company. If compared to other types of business, the main difference is represented by its legal entity distinction from its directors and shareholders. In order to create a limited company, it must be registered at Companies House, that will inform HMRC of the creation (they will immediately assign you a Unique Taxpayer Reference, UTR).

Company Tax Accounting
After each accounting period, a company tax return is needed (CT600 form and a copy of your company accounts and tax computations). Filing is compulsory even in case of no profits. You will have to file the return when you receive a notice CT603. Delays lead to penalties.

Requirements

There are several requirements the company has to fulfill:
• Companies House registration
• Annual accounts filing
• Annual Return (Form AR01)
• Every year HMRC must be informed in detail about the company’s profits and taxable income
• Annual corporation tax return
• Employee income tax payment

5. Partnership Accounting
Our business will deal with the provision of partnership accounts and the preparation of a partnership income tax return. It is crucial for its well being that the partnership understands it’s own financial performance to make decisions regarding the future direction of the business.

6. Online Payroll Management
Every business has payroll needs. Managing all the aspects of wage payments can be a daunting task, and online management solutions help save time and energy for more important things We are helps entrepreneurs with dedicated online payroll management services. From deductions’ calculation to payslip printing, the overall process will be easier for you and your company.

7. Secretarial Services

Services for your company:
• The filing of annual company returns
• Changes to your accounting date
• Appointment of new directors
• Preparation of the minutes of director’s and shareholders’ meetings and maintaining your statutory books
• Amendment of the Memorandum and Articles of Association
• Assist with changes to the company name and registered office
• Share transfers and allocations
• Dividend payments and waivers

8. Sole Trader Accounts
Our accountants can help you start as a sole trader and evaluate other company formation options. Thanks to an end-to-end service you will get a clear financial picture of your business and expert advice on how to optimise tax planning and deal with HMRC correspondence.

9. Tax Returns & Refunds
A tax return and refund service is available for organizations and companies. For each accounting period, all entities liable for Corporation Tax have to file a Company Tax Return, even in the case they haven’t made taxable profits.

10. VAT Registration London
If your company supplies products or services in the UK and your turnover of taxable goods is more than the threshold, you have to register for VAT. Registration is compulsory also in the case you are taking over from someone else a VAT-registered business.
VAT registration cases

Other cases exist in which VAT registration is compulsory:
• Your company is receiving goods from other EU countries
• Your company is supplying goods/services to other countries
• Your company is supplying goods/services to the UK from other countries

11. VAT Returns
VAT-registered businesses pay VAT when they sell to another business or to a customer. This tax is also charged on goods imported from countries outside the EU or brought into the UK from elsewhere in the EU. There are three main rates of VAT, depending on the type of service/goods the company provides: standard (20%), reduced (5%) and zero.
Not covered by VAT

Some items are exempt, for example:
• some medical services
• providing credit
• training/education
• insurance services
• charity fundraising events


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