main services

Let us take it off your hands...

• Drop off your invoices, bank statements, etc
• We will do all the processing

We can then easily prepare for you...

• Management Accounts
• VAT Returns
• End of Year Accounts
• Estimated Tax Liabilities as you go along so there's no end of year surprises
• You pick up the records (neatly filed and organised!) and all the information we've agreed to provide you with.

It also makes it easy for us to handle any VAT inspections.

Compliance with VAT is complex. Investigations by the Vat man can be intense - all the more important that your VAT returns are completed correctly. There are three methods we can use to assist in completion of VAT returns...

• Let us do your book-keeping and we can complete the return from there
• Give us your books and we will complete the return for you
• International Expansion Advice
• Provide training on how to complete your return

We will complete VAT returns in good time to ensure you avoid any penalties. For VAT registration we can assist with...

• Advising if you need to or if it would be beneficial to register
• Completion of the VAT registration forms
• Employee summary P60's and P14's
• Advising on the best VAT schemes to use suitable to your business

The majority of people hate self-assessment tax returns, we LOVE them.

The majority of people hate Self-Assessment Tax Returns – we LOVE them. Let us take the pain and hassle way from you by completing your self-assessment tax return and filing it on your behalf with HM Revenue and Customs. Whilst preparing your tax return we will also undertake a free review, considering best use of losses and future implications. We will ensure all allowances are utilised to their maximum and keep you on the right side of HMRC at the same time. We will advise you of your liabilities and their due dates.

We offer Corporation Tax and Personal Tax Advice.

• Corporation Tax

When trading as a limited company corporation tax is a significant part of your trading costs. Here at NJB Accounts we aim to minimise your corporation tax liabilities by taking advantage of all reliefs and tax opportunities relevant to your area of business. We will ensure we meet all the demands of compliance including Corporation tax self assessment and we will act on your behalf with the relevant bodies.

• Personal Tax Planning

When we complete a self assessment tax return, we look at everyone as an individual and consider that persons tax position in the present and how their situation will be affected going forward. The more income tax you save means more money in your pocket. We can offer you advice in areas such as income tax, capital gains tax and inheritance tax.

Let us take the strain away from you and let you get on with running and growing your business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes. We run payrolls on time and can provide a tailor made service for your business including...

• Employee pay slips
• Monthly summaries
• International Expansion Advice
• Dealing with leavers and starters
• PAYE returns for the Revenue

You will never have to worry about calculating statutory sick pay or maternity pay and dealing with tax credits and student loan deductions ever again! And at year end...

• Employer Annual Return P35
• Monthly summaries
• Employee summary P60's and P14's
• P11D and P9D benefit and expenses returns

Contractors in the HMRC CIS scheme are under many obligations, some of these can seem a little baffling and time consuming tasks. HMRC requires that you must first register as a contractor with them, verify each and every sub-contractor you are using and deduct a percentage of tax at payment. At the end of each month, a statement for each sub-contractor that is being paid must be produced with the relevant information and a monthly CIS return must be submitted to HMRC within the deadlines. The total amount of tax deducted from the sub-contractors must then be paid to HMRC. Our service includes:

• Verification sub-contractors for you.
• Complete monthly Statements for sub-contractors sent out
• How much tax is needed to deduct from each payment.
• Records of payment and tax deduction from your sub-contracors each month.
• Calculation of tax due to HMRC each month and completion of payslip. (We will inform you of how much is needed to be paid and how to pay it)
• Complete the monthly CIS Return and submit it to HMRC on-line, ensuring you don't miss any deadline.

Company Secretarial Services