Bookkeeping and Compliance

Services Included:

Bookkeeping & VAT
Financial statements
Corporation tax returns
Payroll management

BOOKKEEPING & VAT

Haggards Crowther’s bookkeeping team is experienced and efficient in ensuring your data is processed accurately and promptly, bringing all the recent software developments to bear to deliver a fast and efficient service.

The great benefit of leaving the work to us is that we are experts in the field, saving you management and processing headaches. We will use Xero and Dext (both of whom we have formal partner arrangements with) to process transactions as efficiently and accurately as possible.

Much of the efficiency comes in the setup, for example:

Setting up bank feeds between Xero and your bank so that transactions download to Xero daily
Arrange a bespoke email address that enables you to pass information on to us seamlessly

Depending on the depth of service you require, we will do the bookkeeping as regularly as you like: daily (so you can keep abreast of cash inflows and outflows), weekly, monthly (for management reporting), quarterly (for VAT returns), or annually (for year-end accounts).

We will provide you with any VAT advice you need and prepare and file your VAT returns with HMRC.

If you do the bookkeeping internally, then we will support you if and as required:

Software advice and support
Processes and checks that need doing if you have not done so EG: bank reconciliations, VAT reconciliations, Sales and Purchase Ledger reviews

YEAR-END ACCOUNTS AND CORPORATION TAX RETURNS FOR SMALL BUSINESSES

All businesses are required to submit a final set of accounts for each trading year. But submitting year-end accounts is not simply about ticking a statutory compliance box.

There are other matters to consider, such as tax mitigation and the calculation of the corporation’s tax liability.

As a Haggards Crowther client, you will not have to worry, as our experienced team will guide you through the process, asking relevant questions and dealing with the year-end accounts process in a smooth and efficient manner.

We always try to keep input required from you to a minimum, enabling you to focus on the day-to-day running of your business, but there are typically questions that we need to ask in order to make the right decisions about how to treat specific transactions.

Once we have the information we need, we can usually complete the process remotely, sending you a copy of the final accounts ready for signing and dropping back to us.

OUTSOURCED PAYROLL MANAGEMENT

Whether you have 1 employee or 100, our outsourced bureau service can help with all aspects of payroll. Be it weekly or monthly, we will take care of it on your behalf, allowing you to focus on other areas of your business.

We can also handle all the associated processing now required for auto-enrolment, pensions, and other payments to ensure everyone is paid accurately and efficiently.

Our service includes:

Calculating salaries and wages due net of tax and national insurance
Providing payslips for your employees
Monthly summaries setting out the tax and national insurance due to HMRC
Completing and submitting RTI forms to HMRC
Managing employee set-up and ongoing contributions under auto-enrolment for pensions

Because we wish to provide a clear and transparent charging structure, our fees are linked directly to the number of employees and services provided. Fees are agreed upon in advance and charged quarterly.

Please note that we are not able to provide Construction Industry Scheme (CIS) services.

Contact us today for more information on our managed bookkeeping services and how they will help your business by calling 020 7384 0920.