Bookkeeping
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Every business is different with it's own needs and the bookkeeping service I offer will be tailored to meet those needs; during a free consultation we can agree the scope of work required and the fees involved.

Whether you need a once-a-year sort out those bags of receipts into a proper accounting record or an ongoing bookkeeping service – as frequently as required – I can help with:

  • Processing your transactions and related paperwork

  • Setting up computerised or cloud based systems

  • Maintaining your sales and purchase ledgers

  • Account reconciliations

  • Invoicing

  • Preparing year-end accounts

  • Bookkeeping to trial balance for partnerships and companies

Accurate Bookkeeping is a fundamental requirement for every business.

 
VAT
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Incorrect VAT calculation and failure to submit returns in a timely manner can lead to penalties and surcharges.

 

I can help with:

  • VAT registration

  • VAT administration

  • Completing and submitting your VAT returns to HMRC, including Making Tax Digital (MTD) for VAT

MTD for VAT - If you are/will be registered for VAT and your taxable turnover is above the VAT registration threshold (currently £85,000), you are required to keep digital business records and send your VAT returns to HMRC using Making Tax Digital (MTD)-compatible software.

 
Payroll
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Whether you need weekly, fortnightly or monthly payroll services I can process your payroll accordingly:

  • Payroll processing including the provision of payslips

  • Calculating tax, National Insurance and other deductions

  • Processing statutory payments (maternity/paternity pay, sick pay etc.)

  • RTI compliance

  • PAYE processing

  • Pensions (including Auto Enrolment)

  • Processing new starters and leavers and Year End P60's

Auto Enrolment is a government initiative and requires that employers must provide employees with a pension scheme and automatically enrol qualifying employees into this scheme.

 
Construction Industry Scheme
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Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). Failure to file returns in a timely manner can result in penalties and surchages.

 

I can help with:

  • Verifying your subcontractors are registered

  • Processing and recording CIS payments

  • Submitting monthly CIS returns

For more information about CIS: https://www.gov.uk/what-is-the-construction-industry-scheme

 
Accounts
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If you are self-employed or a sole trader you are legally required to complete and submit a Self Assessment Tax Return to HMRC.

I can help with:

  • Organising your invoices and receipts into a proper accounting record

  • Preparing your year end accounts for submission to your accountant

Failure to submit your Self Assessment Tax Return by the deadline can result in penalties and interest charges.

T:  01278 685684

M:  07939 057037

© 2019 by KGC Bookkeeping