Sole trader and limited company accounts
With so many other pressures on your time when running a business, handing over the responsibility of managing your accounts to a professional can be cost-effective and give you real peace of mind that your figures and tax payments have been calculated correctly.
We offer a truly flexible service, allowing you to select your preferred level of accountancy support which fits in with both your requirements and your budget.
Additionally, when you work with the team at Accounting Solution Hull, you can be sure that you’re getting a friendly and personal service, while also benefiting from the years of experience that we’ve accumulated. We can help your business to become more tax efficient, while advising on any changes in regulations that could affect your company.
Sole trader accounts
As a sole trader, outsourcing your accounts can be a real benefit to you in terms of time and money. While there’s generally less administration to take care of when you’re self-employed, it can still be hard to keep on top of your figures while simultaneously trying to keep your customers happy.
Working with businesses in Hull and across the UK, our qualified accountants can manage your sole trader accounts, from start to finish, or simply by doing your end of year calculations and filing your tax return. You can choose any combination of services you wish, including:
- Tax planning and advice
- Self assessment tax return
- PAYE and payroll for any employees
- VAT returns if you exceed the threshold
We’ll make sure that your tax return is filed in good time, thus avoiding potential penalties for late submissions.
Limited company accounts
Our services for limited company accounts work in much the same way as for sole traders; we can take care of day-to-day bookkeeping, tax and VAT returns and your payroll requirements too if you wish.
As a limited company, you also have additional reporting duties, as you’ll need to file your annual accounts with Companies House and may need some help with organising dividend payments to your directors.
We can take care of all of this for you, or you can simply choose the specific accounting services that you feel would be most beneficial to you. Our accountants will know the best ways of legally reducing your tax liabilities too, so you can even save money by using our services!
For more information about preparing and submitting your company accounts, whether you’re self employed or a limited company, please contact our accountants on 01482 656148 for a no-obligation chat, or email us here with a brief outline of your requirements.