Glossary of Terms
Annual Return – Submission to Companies House annually.
Basic Tax Planning Advice – Provide general advice on client tax-related matters.
Bookkeeping – Periodic collation of transactions (eg. Receipts, invoices, expenses including key reconciliations) Producing a Trial Balance.
CIS Accounting – Accounting for CIS sub-contractor taxes and filing relevant returns.
Company Tax Returns – Monthly payroll preparation, statutory submissions and payslip-ready payroll records.
Credit Control – Production of management of Aged Debtors listing including chasing up 3rd parties for payments.
Dedicated Client Accountant – A qualified accountant will be assigned to your account to tend to your enquiries.
HMRC Agent – Agent for the client and a constant liaison with HMRC.
Income Tax Planning Advice – Provide general advice on client tax-related matters.
Payroll Returns – Submission of periodic returns with HMRC (secure online facility).
Payroll Run – Monthly payroll preparation, statutory submissions and payslip-ready payroll records.
Quarterly Management Accounts – On a quarterly basis, provide a set of standard management accounts (can be tailored for an additional charge).
Regular Update & Proactive Advice on Trends and Projections – Appointed client accountant will review client position on an ongoing basis and provide proactive advice.
Sales Invoicing – Production of periodic sales invoices for clients (soft copies).
Self-Assessment – Preparation and submission of annual self-assessment return.
Statutory Accounts Preparation – Preparation of annual accounts for submission to Companies House.
Timely Deadline Notifications – Via email, SMS or telephone call.
Unlimited Advice and Support – Dedicated client account available during business hours to answer client queries.
VAT Computation and Returns – Preparation and submission of quarterly returns and/or VAT registration.