Simple Accounting offers a Full Accounts Management Service
Can we compose your final
accounts and tax for you?
Our Full Simple Accounts Management Service
Simple Accounting offers a full accounts management service at competitive rates. This is a much fuller service than you are likely to find from other accountants. It is also much more 'hands on'. We provide all the records through the one system - MYOB and Quickbooks (for PCs) or Mamut AccountEdge (for Macs). We include Year end Accounts, VAT returns, Payroll and Company Secretarial work.
Year End Accounts and Companies House Returns
- You use the book-keeping and accounting software we recommend such as MYOB or Mamut AccountEdge or Intuit Quickbooks. You complete the file and transfer a copy of your year end back up file to us. You buy the licence for this software- you are therefore free to change accountant if you are unhappy with our service.
- An Accountant will deal with your file and email any queries to you. We may amend your datafile to reflect any errors we have discovered.
- We then come, usually for a day, to complete accruals, check reconciliations, compose the year-end file and see what tax planning opportunities can be exploited. The day is usually combined with some training and developing of new modules. Simple Accounting will provide business advice and tax planning before we compose your returns.
- We can help you to compose a year-end file of all your reconciliations. We then arrange for the preparation of your final accounts and tax compliance papers.
- We then complete your Statutory Company Accounts for Companies House.
- We email your business tax calculations to you.
- We submit your CT600 Annual Corporation Tax and supporting calculations and notes in line with your datafile. We advise you what to pay and when.
- We hold copies of all documents for you, and you can download these whenever they are prepared.
- You advise us of all subsidiary income. We will then submit online SA100 Directors Self Assessment Tax Personal Returns for up to two Directors.
- We will send you reminders for your Companies House returns, and compose these if you wish.
VAT Returns
VAT is a tax which is often overlooked. We are unusual in that we plan
to save money and cashflow with the VAT payments you make. As part of our service we will help you compose your VAT returns. We will show you how to prepare your own VAT returns to minimise the net payment to the HMRC.
We will show you how to:
- recover the maximum amounts of VAT on your purchases
- plan VAT for small companies
- decide if you want to join the VAT flat rate scheme by testing the appropriate rate
- set up the cash accounting scheme which can save many thousands of pounds in cashflow
- set up annual accounting which significantly reduces the administration
problems and can save VAT cashflow for fast-growing companies.
- set up partial exemption for VAT and plan VAT for educational and charitable organisations
- complete your own VAT return declarations for importing and exporting
- complete your EU Intrastat and EU sales list, if required.
Business Advice
At Simple Accounting we don’t just look after the compliance issues related to your business but also work to help you develop your business so that it achieves your business and personal finance goals. Regardless of whether you are an individual with complex financial affairs or a business owner who wants advice and guidance about the best way of managing your business and financial affairs, we can help.
Our experienced consultant can help you with all aspects of running your business and managing your personal finance including tax planning and advice, payroll, human resources and financial planning.
Payroll (optional)
There are three choices here:
Simple Accounting can install AccountEdge or Quickbooks Payroll for you. To do this we need full details of all staff. This job is best done at a payroll year-end (beginning April).
We can also help you run a simple payroll using the HMRC's own software.
Our Accounts Management Charges
We are based in northern England- hence our reductions for clients close to us.
| Accounts Management Service (per month) | Yorks/Lancs | London | Elsewhere |
| Very Small Company (up to 2 employees or up to £80,000 turnover) | £75 pm | £100 pm | £87 pm |
| Small Company (up to 5 employees or up to £200,000 turnover) | £83 pm | £117 pm | £100 pm |
| Medium-sized Company (up to 20 employees or up to £1m turnover) | £125 pm | £187 pm | £152 pm |
| Large Company (over 20 employees or over £1m turnover) | £167 pm | £250 pm | £208 pm |
Notes on charges:
- We offer a reduction of 20% for excellent
books. This means reconciliation of Bank, VAT, Debtors and creditors
account, and elimination or reconciliation of VAT exceptions report.
- These charges include final accounts, company secretarial and VAT returns and simple inhouse payrolls (see details above). You use as much or as little of this array of services as you require.
- Included with this service is at least one full day or two half onsite visits per year.
Consultancy Rates
Many clients use us for consultancy and retain existing external accountants. We are happy to respect your existing arrangements if that suits you. We are therefore happy to work on a per day or per hour rate. However with this choice you are responsible for meeting the deadlines - not us!
See our Consultancy Charges.
Next Step:
Please contact us if you need further advice.
Call us now on 01422 847500
