Our Services
What can we do for you?
C &D Accountants are able to offer a range of services tailored to each client’s individual needs
Our aim is to ease your administrative and regulatory workload and let you concentrate on your core business. A brief summary of the services offered is shown below
Year End Accounts & Taxation
All Sole Traders, Partnerships and Limited Companies are required to prepare year end Accounts and submit Tax Returns to either HMRC and or Companies House. We can offer you the following services
Sole Traders
Preparation of accounts from your books and records.
Discuss with you the financial results of the accounts and suggest ways to maintain or improve your business performance.
Prepare and submit your Self-Assessment Tax Return in good time before the January deadline.
Inform you of any Liabilities due and detail the various ways to pay.
CIS Subcontractors
We offer a fixed service for CIS Subcontractors where we prepare a set of Accounts and submit a Self-Assessment tax return on your behalf from your CIS Vouchers and expenditure records all for £150
Limited Companies
Directors have more responsibility when it comes to filing statutory accounts for a Company.
The time limits are much stricter and the format the accounts must follow is more complex than that of a Sole Trader.
We can prepare the accounts for you ensuring they comply with the Companies Act and Accounting Standards. We will also prepare the Abbreviated Accounts which must be filed with Companies House within 9 months of the Company year end.
In addition to preparing the Company accounts we will also prepare and submit the Companies Corporation Tax Return, Tax Computations and calculate the Corporation Tax Liability for you.
We will discuss with you the performance of the Company and advise on any ways the company can improve.
Partnerships
We offer the same full service as for Sole Traders and will prepare and file the Partnership Tax Return and Self-Assessment returns for all Partners.
Business Start Ups & Company Formations
Do you want to have your own business but don’t know where to start or what to do?
We can help you decide on the best business structure for you whether it is Sole Trader, Partnership or Limited Company.
If you chose to register as a Sole Trader or Partnership we can help you get the business registered with HMRC by completing all the necessary forms and advise you on the best way to record your business Income and Expenditure.
If you decide to go with a Limited Company we can provide the following service:
- Register your chosen Company Name with Companies House
- Appoint the Company Directors
- Select a Registered Office
- Appoint the Shareholders
- Inform HMRC the Company will be starting to Trade
We offer this complete service for £50
We can also if required register the Company for PAYE and VAT and file the Companies Annual Return.
We will keep a note of the Company Formation date and inform you when any deadlines are approaching.
Bookkeeping
Maintaining good accounting records is the first step to ensuring your affairs are in good order.
Overview
By recording your income and expenditure monthly or quarterly you are able to keep a check on how your business is performing allowing you to budget for future tax liabilities
It can also help identify areas where the business may not be performing and enable you to make small changes as and when they are needed.
We offer a full bookkeeping service using either Microsoft Excel, Sage One or Quickbooks dependant on your business needs.
VAT
Businesses with a turnover of £85,000 or more are required to register for VAT.
Registering for VAT means you will need to submit quarterly returns online to HMRC within a certain time frame.
There are various VAT schemes you can register for. The main ones being the Standard Accounting method, the Cash Accounting method and the Flat Rate Scheme.
We will discuss with you which scheme is right for your business and prepare the returns for you from your records or give you help and advice to enable you to file your own.
Have a look at the following link for more information on the various VAT schemes HMRC offer:
Payroll
Due to the new regulations requiring Employers to file RTI (Real Time Information) reports, anyone who pays an Employee must now have a registered Payroll scheme.
Failure to have a registered scheme or not file the RTI reports on time will result in penalties being imposed by HMRC.
We offer the following Payroll Service to take the stress away from you:
- Weekly or Monthly payroll for you and your employees including Payslips
- Filing of RTI returns using approved software
- Dealing with Starters and Leavers and informing HMRC
- Advising you of PAYE & NI liabilities and the deadline for payment
- Issuing of P60s
- Claiming SSP, SMP and SPP
- Applying any Attachment of Earning orders
Self-Assessment
Tax Returns can be an added stress that business owners don’t need. The fear of receiving late filing penalties, charges and interest can be taken away by allowing us to prepare the return for you.
Individuals are required to complete a tax return for various reasons the most popular of which are being in receipt of the following:
- Profits from Businesses
- Property or Land Rental Income
- Shares and Dividends
- Private Pensions
- Commissions
- Untaxed Bank Income
All Self Employed Individuals and Company Directors are now required by law to complete a return and notify HMRC that they need to file a return if they don’t already do so.
By authorising ourselves as your agent with HMRC we can help you by preparing your return and ensuring all relevant tax reliefs and capital allowances are claimed for you.
We will remind you of any deadlines that need to be met and ensure your return is filed online with HMRC.
We can arrange for any repayments to be made swiftly and can help with any Tax enquiries you may receive.
A full list of who needs to file a tax return can be found by clicking on the following link:
https://www.gov.uk/self-assessment-tax-returns/who-must-send-a-tax-return
Contact Us now for a professional service which will take the stress away from you.
Testimonials
See what our clients have to say.