Tax in North London
Bookkeeping and Accountancy
We have considerable experience in providing accountancy services to individuals and owned managed businesses.
Our services include preparation of annual financial accounts from a client's accounting records which form the basis of an individuals or business' tax return.
Successful businesses, of all sizes, need to maintain an adequate accounting system.
We can offer advice on ways to set up, or improve, a client's accounting records so as to provide the information needed to operate a business with a minimum of time and cost.
Tax Planning in Finchley
For clients who require it, we will provide bookkeeping services to maintain a client's accounting records and to register and account for VAT.
Audit and Assurance
The Companies Act has raised the audit threshold to companies with turnover of in excess of £6.5 million. Most companies have the option of dispensing with an audit.
We can prepare statutory accounts for submission to Companies House and, as registered auditors, can undertake statutory audit work.
Options open to clients can be discussed, including audit, since this may be required by providers of finance, or for internal control.
An audit can be an important "health check" on a company.
Whatever choice of work is chosen, we will look to add value from our preparation or audit of the accounts.
Taxation
United Kingdom tax legislation is one of the most complicated in the world.
Our tax services help clients to comply with this legislation and minimise tax liabilities.
For individuals we will prepare tax returns for submission to HM Revenue & Customs. We will calculate any tax liabilities and inform the client when they should be paid.
For businesses we prepare any required tax computation from the business' accounts and submit the business' tax return and computation to HMRC.
We advise both individuals and businesses on opportunities to save tax by planning and making appropriate claims and elections