BUSINESS START UP
Planning the start up of your business is important. Implementing the correct structure can save money and provide greater security.
A good business plan will help you in evaluating your project and raising finance.
We can help you consider the best commercial structure, be it as a sole trader, limited company or limited liability partnership. You may need assistance in dealing with company formation, VAT registration, setting up your book-keeping system, or negotiation with banks and other sources of finance
Personal tax is central to the overall services we provide to both individual and business clients. Our objective is two-fold: we relieve you of the paperwork involved in completing self-assessment forms and checking tax demands, and more importantly, we advise on planning your affairs so that you take maximum advantage of all available tax planning opportunities.
Our specialist tax team deals with all aspects of personal tax, including:
- Income tax for self employment
- Capital Gains tax
- Inheritance tax
- Estate planning
- Revenue enquiries and investigations
ak Accountants are experts in helping contractors, freelancers, and independent consultants operating through limited companies.
We’ll manage your company accounts and corporation tax compliances.
Year-end Company Accounts & Corporation Tax
ak Accountants will file all the annual accounts limited companies are required to submit to Companies House and HMRC, including a full CT600 Corporation Tax Return.
All of your accounts will be submitted in the correct format e.g. full accounts or abbreviated accounts. We’ll be fully compliant with your disclosure requirements.
You won’t have to worry about incurring any penalties because Pearl Accountants will make sure you never miss a deadline
Letting us handle your payroll can save you valuable time
We are able to provide good value support for small business payroll production.
Our accounts team will calculate employees’ tax and national insurance contributions and adjust these for sickness, paternity or maternity leave. We will send the final payroll calculations for your approval and then provide you with paper payslips to pass on to your staff or electronic versions which can be emailed directly to your employees.
As part of our payroll services, we’ll also calculate your employer’s national insurance contribution and prepare your monthly PAYE returns as well as producing P45 forms for employees when they leave. At the end of the year we will also produce a P60 for each employee showing all taxable income for the year
Unpaid VAT and penalties for VAT errors can inflict significant damage on your business, so it is vital that all such risks are eliminated. VAT related issues which arise at various points during the life a business must always receive priority attention.
If you are undertaking a new venture, it is especially important that you have the procedures in place to ensure you avoid potential VAT pitfalls.
ak accountants will work with you to protect your position and ensure your venture is optimised for VAT.
The VAT tax regime is complex and ever-changing, so it is always wise to seek out expert advice and support. We will help you cut through the complexity of VAT by answering your queries and providing specialist assistance to give you security and peace of mind