Business Start Up & Formation
From your very first steps at starting a new business whether it be, self-employed, ltd company or partnership, the choice of the right tax path can have a significant impact on final earnings and the growth of the business.
We will decide on a structure for the business, prepare cash flow's and budgets, complete any registration processes with HMRC & Companies House and deal with relevant company secreterial matters.
If you are self employed, HMRC require that you complete your self assessment tax return to ensure that you are paying the correct amount of tax each year.
Save time from form filling and the compliance aspect of Self Assessment, we have the knowledge and time to complete tax returns, calculate any tax liability or refund and advise you on exactly when to make payments and how much to pay.
Think Accountants can take care of your VAT affairs, giving you peace of mind, avoid you wasting your monies on penalties and interest.
We can help with VAT registration & deregistration, advice on VAT schemes, preparation and submission of your VAT Return with MTD compliant software and help and advice on VAT investigations on your behalf with HMRC
We can save you more money and time in the long run. These savings come from a reduced level of risk of human error, no missed payments to HMRC or missed deadlines.
At Think Accounting, we provide you with a range of bookkeeping services which include using the latest cloud software and apps, removing manual record keeping tasks and improving your overall efficiency.
Payroll & Pension
Meeting your obligations as an employer to HMRC can be confusing and time-consuming. We can oversee your payroll processes, costs, calculations and deadlines. We can help with RTI submissions, preparation of payslips, statutory reports including P11D's, P60's, P45's & P35's, complete work place pension using our chosen scheme of NEST including assessment, calculation, submission & declaration.
Regular management accounts are essential to your business in helping you to monitor performance and to make timely and meaningful day-to-day decisions. They tend to be on a monthly or quarterly basis and their purpose is to give you an insight into the financial health of your business. Typically management accounts include, profit and loss, balance sheet, debtors & creditors reports.
Ltd Company Accounts
At Think Accounting we can take care of your statutory annual accounts and file on your behalf to HMRC and Companies House fully compliant with HMRC & Companies House guidelines. Completing accounts is a complex task, so we’re here to simplify the process for you! The accurate figures we produce will enable you to make insightful business decisions.
Let us take care of preparing and submitting your Company Tax Returns and Corporation Tax Self Assessment returns can increase your profits. We can offer advice to help you minimise your company tax liabilities, so you can ensure the most tax efficient remuneration for your directors and shareholders.