Services

Established in 1989 our aim is to provide a complete business solution for our clients, including

— Account Preparation
— Income Tax Returns
— Book Keeping
— Business Plans
— VAT Registration and De-Registration
— VAT Returns
— PAYE - Weekly or Monthly
— Payslips / As Required
— End of year wages and contractor returns
— CIS

Advantages of filing on-line.
Helpful hints for the self employed.

Advantages of filing on-line

— Faster processing of returns.
— Any repayment due to you is re paid sooner.
— On-line acknowledgement as soon as your return is processed.
— The service is safe and secure.
— Our PAYE clients benefit from a tax free payout from the Inland Revenue due to our on-line filing system
— Our systems are updated as the Inland Revenue introduce further on-line services

Helpful hints for the self employed

Business turnover

"Turnover" means the amount your business earns before you deduct any business expenses. It is income of any kind - for goods you have sold or services you have supplied.

— Fees/payment received
— Tips
— Payment in kind
— Commission
— Proceeds from an insurance pay out, eg. for loss or damage to stock or loss of profits

Allowable Business Expenditure

You can deduct the costs you incur solely for the purpose of running your business.

— Goods bought for resale.
— Wages/salaries.
— Rent and other overheads of any premises you have for your business.
— Stationery, printing, advertising, telephone.
— The cost of running any vehicles used in your business.
— Protective clothing.
— Interest on a loan which is taken out for business purposes (only the interest)
— Repairing of any equipment.

Purchase of equipment

The cost of the purchase is not an allowable expence, although you can claim Capital Allowances

Capital Allowances spread the cost of buying equipment over a period of years. For example if you use a van for your business, you can claim Capital Allowances on the value of your van.