Expert Services
1. Audit
Statutory audits are legally required where an entity is not eligible for exemptions under the Companies Act or other relevant legislation like the Charities Act 2011.
Businesses might also commission an audit even though the law does not demand one, for reasons including the following.
- To provide assurance to third parties like potential investors, financial institutions and suppliers regarding the reliability of its financial data.
- To help deter potential fraudsters.
An audit entails a detailed review and deep understanding of the company’s business, accounting records and systems of internal controls.
Such a review and understanding can lead to proactive business advice on many matters.
We are authorised by the Institute of Chartered Accountants in England and Wales to perform audit services.
The work will be conducted to the highest standard expected by our Institute and at a competitive price.
2. Business Support
Bookkeeping
Many of our clients ask us to take care of their bookkeeping due to the following advantages.
- They can then devote their time to the important work of operating and growing the business.
- It contributes to lowering their year-end accountancy costs.
- They no longer need to worry about potential mistakes.
- This provides them with timely and dependable management information.
Annual Accounts preparation
All businesses, whether sole traders, partnerships or limited companies, are required to prepare accounts each year.
The accounts prepared for sole traders and partnerships will form the basis for the completion of their self-assessment tax returns.
Limited companies are required to prepare statutory accounts and submit them to Companies House no later than ten months after the year end.
Our aim when preparing accounts is to ensure they comply with all statutory regulations and to identify potential areas where we can assist in minimising your tax liability.
We will discuss the prepared accounts with you so you clearly see how the business is doing and provide suggestions for enhancements.
VAT
We can deal with your VAT affairs, which include the completion of VAT returns on time to avoid penalties.
In addition we can assist you with the following.
- Applying for VAT registration.
- Advising you on the optimal VAT scheme for your business.
- Support during VAT inspections.
- Providing guidance and training for preparing VAT returns.
Payroll
Let us handle payroll so you can focus on running and growing your business.
We will prepare your payroll on time and provide you with employee payslips, monthly or weekly summaries, complete all P45s for leavers, and submit PAYE returns to HMRC.
In addition, we complete all end-of-year PAYE returns including P35, P60s and P11Ds.
With strict submission deadlines, we ensure timely completion and prevent any penalties.
TO CONTACT
By Telephone
020 8655 2252
To Email
3. Taxation
Company Taxation
Companies are liable to corporation tax and corporation tax returns must be submitted to HMRC on time, otherwise automatic penalties apply.
We take care of tax computations, corporation tax return completion, liability assessment and guidance on when and how much to pay.
We can also provide advice on the most tax-efficient way of extracting profits from a managed/owner company.
Personal Taxation
Self-employed individuals, company directors or those with untaxed income must complete a self-assessment tax return.
Penalties may be charged if the return is submitted late or completed incorrectly.
Allow us to manage your self-assessment and eliminate the worry of penalties.
In addition to completing the return, we advise on tax due and payment deadlines.
All dealings with HMRC can be handled by us, giving you complete peace of mind.
Tax Planning
Strategic tax planning with professional guidance customised to you is vital for individuals and companies.
Guidance is provided on all eligible allowances and deductions to reduce your overall tax burden.
Such advice is lawful and represents a prudent step to reduce costs for you and your business.
Tax Investigations
Our team can manage any tax investigation, personal or corporate, for you.
4. Company Formations and Secretarial Services
We handle company formations including off-the-shelf, bespoke, Limited Liability Partnerships and Public Limited Companies.
Additional secretarial services we provide are listed below.
- Registered office facilities.
- Keeping statutory registers up to date.
- Completion and lodgement of annual returns.
- Issuing share certificates.
- Completion of documentation for share transfers.
- Lodging statutory documents with Companies House.
5. Business Start-Up Services
Thorough planning before starting a new venture greatly improves your chances of success.
We offer the following services to those who consult us at the outset of a new business venture.
- Advice on choosing the right structure — sole trader, partnership, limited company or LLP — is available.
- We help identify finance needs and prepare detailed business plans and cash flow forecasts.
- Tax planning; we will advise you on the areas of tax most relevant to your business.
- We help choose and implement effective accounting and bookkeeping systems.
Contact Soteriou Christou for Accountancy Services in Thornton Heath
Accountants Thornton Heath needed? Then call Soteriou Christou on 020 8655 2252 or use our simple online contact form. Our experienced independently star rated Chartered Accountants Thornton Heath serving Accountancy Business can assist you with any Accountancy Thornton Heath requirements, so please do not hesitate to contact our team on 020 8655 2252.