Working for yourself can be daunting.  With the support of sdg accountants the prospect can be made easier.

If you work for yourself we will prepare you accounts and explain how the figures are arrived at and what they mean.

We can handle your bookkeeping, complete you VAT returns and handle your payroll.

We will make recommendations where necessary that will be tax efficient and enable your business to flourish and prosper.

We will complete your self-assessment returns on time, calculate you tax liability for you and provide support and advice throughout. 

Payroll:

sdg accountants will calculate your employees' wages and provide you with payslips and a summary of the payroll run.

We can calculate the wages on a weekly or monthly basis; track holiday pay, sick pay, maternity pay, pension contributions, attachment of earnings and handle working families tax credits.

We will keep you informed of changes in legislation, the minimum wages and holiday pay for example.

We will complete P45's, P46's, process your employers' end of year return and P60's.

Bookkeeping:

Keeping concise records can be very difficult and time consuming business.  A good way of improving time management is to release the burden and delegate the task to someone else.

We can provide you with the management information that the most up to date software ca provide and liberate some of your most valuable resource and time.  sdg accountants can advise which will be the most suitable system to use and we can provide training to staff if you decide to keep the process in house.

 

VAT:

VAT is the subject that concerns most business owners.  The truth is that under the European Union the situation has become more complex not less!  The reporting requirements have actually increased especially if you import or export products.

sdg accountants can maintain your bookkeeping tasks and complete your VAT returns on your behalf.  complete, or we can review your bookkeeping and file the VAT return for you.  We will advise you with regards to the different accounting options available; whether you should be registered for VAT and how to register, whether the accruals or cash accounting basis is the best option; or whether quarterly or annual accounting suits the business best.

Limited companies:

Due to changes in audit thresholds, annual reporting requirements and the incentives of lower Corporation Tax, more and more businesses are becoming incorporated.

There are a number of fundamental differences between working for yourself and running your own company.  sdg accountants will provide the support you need to make the transition as smooth as possible.

We will also advise you how to pay the Directors efficiently and deal with "Directors" and "Employees" benefits.  We can prepare the financial reports and make sure the abbreviated accounts are submitted to Companies House in good time.