Limited Companies are required to file company accounts each year. For many accountants this is just a compliance task with little or no added value for you “the client”. We aim to be different, our fixed fee company accounts service aims to add value with pro-active tax advice from the outset.
Company Accounts
Pre-Yearend Meeting
When possible, the pre-yearend meeting takes place 2months before the end of the financial year and aims to review options for reducing corporation tax prior to the yearend. During the meeting we’ll discuss any upcoming tax changes, opportunities for tax efficient compensation and capital allowances including R&D.
Tax Planning
We aim to start the record review process 4-8 weeks after the yearend. By doing this we are able to complete the process faster, giving you the maximum time before having to pay your corporation tax. While drafting accounts we look for tax saving opportunities and apply relevant super deductions, Annual Investment Allowance, or draft prepare R&D claims.
Review Meeting
The draft accounts are sent for your review along with our accountant’s summary report which briefly explains the accounts, highlights any key areas for review or areas of concern. Once the you have had time to review your figures it’s time to book an online meeting with your Senior Accountant to go through the accounts and any questions you may have ahead of signing.
Sign off and Submission
Final accounts are produced following the review meeting and sent for digital signature. Once signed we submit your accounts and corporation tax returns to both HMRC and Companies. Once submitted you’ll receive a copy of the signed accounts, corporation tax return and details of the tax payment amount and payment dates.