JT Bookkeeping and Accounts takes the hassle out of routine financial tasks for London small businesses. By entrusting us with your bookkeeping, you can focus on what truly matters - growing your business. Let us handle the numbers while you drive your passion forward. Together, we will pave the way for your success!
Many startups opt to manage their own accounts but this often leads to errors, such as overlooking share capital. The expenses of correcting these mistakes in subsequent years can surpass the initial fees for hiring an accountant. London businesses can rely on us to prepare accurate statutory accounts and ensure timely submissions, saving you time and potential costs down the line.
The clock is ticking. Don't let the deadline sneak up on you. Starting your tax return early not only reduces stress but also gives you time to gather all necessary documents and maximise your deductions. Avoid the stress of last mintue preparations and potential mistakes by contacting us today for assistance with your self assessment tax return registration and submission. The earlier you prepare, the better you will understand your tax obligations, allowing you to set aside the necessary funds for your tax bill. Get ahead of the game and ensure a smooth process!
The Value Added Tax (VAT) in the United Kingdom is a consumption tax levied on most goods and services provided by registered businesses, as well as on goods imported from outside the country. Businesses are required to register for VAT if their taxable turnover exceeds £90,000.
JT Bookkeeping and Accounts assists businesses in registering and filing their VAT returns promptly, ensuring compliance with all deadlines. Additionally, we offer expert guidance on various VAT schemes to help you choose the best option for your business needs and to optimise your financial strategy. Let us handle the complexities of VAT so you can focus on your business.
Businesses must register as an employer with HMRC upon commencing the employment of staff or engagement of subcontractors for construction work. Employers are required to report employee tax, National Insurance and pay details electronically through Real Time Information (RTI) on or before every payday, rather than annually. This ensures accurate and timely reporting of payroll information, helping to maintain compliance with tax regulations.
JT Bookkeeping and Accounts offers comprehensive payroll services for London businesses that are initiating or expanding their workforce.
A business may begin as eithe unincorporated, such as a sole trader, or incorporated such as a limited company. Limited companies are obligated to file a confirmation statement (formerly known as an annual return) annually and submit statutory accounts (referred to as annual accounts) to Companies House within nine months following the conclusion of their financial year.
We offer comprehensive assistance to businesses in incorporating their company, filing their confirmation statement and submitting their statutory accounts to Companies House.