Our Accountancy Services

We have the expertise to deal with your all bookkeeping so you can focus solely on the running of your business. As we are a certified business partner of Receipt Bank, we use their apps for our clients to take pictures of their receipts or email them in.

Our cloud software extracts the key data and stores it securely on the cloud. We then check all of your receipts one by one just before we send them to our integrated accounting software.

We are able to send you expense reports so you can be sure that you send us all of your business expenses.

We also have experience in producing management accounts to help you to make important decisions about your business and to identify any problems at an early stage and also for future tax planning.

We provide professional payroll services which is fully compliant with RTI (real-time information) with the latest HM Revenue and Customs rules and updates. We enroll you for the PAYE scheme, arrange your full payroll, issue your payslips and reports, and also operate P46, P45, and P60 procedures as required by law.

Auto-enrolment will affect millions of employers by 2018. Many employers will be looking for help to meet their new pension duties as required by the Pensions Act 2008. We know that we don’t need to be authorised by the FCA to help our clients find a scheme that fits their organisation.

This is not classed as a regulated activity as we do not give financial advice to individual employees or offer advice on a scheme’s investment funds.

We have the right knowledge and skills, so providing guidance on scheme selection is just one of the ways we can help our employer clients with auto-enrolment.

Value Added Tax (VAT) can be a challenging issue for many businesses, which end up paying too much or too little VAT.

We can help you with many complex VAT issues as well as deal with the more routine areas, such as VAT registration and de-registration, preparation of VAT returns, VAT assessments, disputes and investigations, and other matters around VAT.

Tax returns can be time-consuming with tax legislation becoming more complex for individuals and companies.

We advise and support individuals and businesses to minimize their taxes, protect their wealth and limit the risk of non-compliance.

We can provide Income Tax, Capital Gains Tax, and Corporate Tax services and take full advantage of tax opportunities and reliefs.

Our services will give you peace of mind that your obligations will be met in a timely and efficient manner.

For new businesses, we provide fast, cost-effective company formation services helping start-up businesses determine the most tax-effective structure.

Accountancy Assist has been helping contractors for many years.

We know what is important to you and our services are tailored to ensure your business needs are taken care of.

We deal with HMRC for all your matters so you can focus on your business and the things you love.

It’s essential for a business to make key business decisions on recent and updated financial data. Management Accounts can help you with planning, controlling, and improving efficiency so that higher profits are generated for your business.

We can assist in preparing monthly or quarterly management accounts with up-to-date and reliable information so that ultimately your business can achieve its targets and progress.

If you are a UK company selling goods or services overseas or an overseas company providing services or goods to the UK then you have come to the right place.

We have a variety of international trader clients whom we assist with their accountancy and tax needs, moreover if needed our accountant partners in several EU countries can help you with compliance in their respective EU countries.

For our overseas clients, we specialise in helping you set up UK bank accounts, helping you choose the right business structure, and detailed advice on Corporation Tax, Personal Tax, and VAT implications.

A worker is involved in off-payroll work when they work for a client through their own intermediary, often a personal service company (PSC), but would be an employee if they were providing their services directly.

As off-payroll workers are paid through their own intermediary, they pay Income Tax and National Insurance contributions (NICs) in a different way to an employee.

The off-payroll working rules are in place to make sure that where an individual would’ve been an employee if they were providing their services directly, they pay broadly the same tax and NICs as an employee.

We are happy to help you find out if you have the right contractual agreement with your client and you can also use the below link from HMRC to be confident about your situation.

https://www.tax.service.gov.uk/check-employment-status-for-tax/setup

E-commerce is the buying and selling of goods, products, and services over electronic networks, mainly on the internet. These business transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.

E-commerce is a rapidly changing environment with new technologies, new ways to take payments, and an increasingly international customer base.

As a modern online accountant, Accountancy Assist is always helping you to take your small business up to the next level.

Making Tax Digital (MTD) for businesses is a government initiative all about making it easier for us to manage and pay taxes.

All self-employed individuals, landlords, and incorporated entities with business income over £10,000 will be required to keep digital records of all their income and expenditure and submit these records electronically to HMRC.

Those in employment who have a secondary income of more than £10,000 per year through self-employment or property will also be affected.

We are working hard to help our clients and adapt new technology to make the transition to Making Tax Digital easy and painless.

We offer virtual office services to our clients and work with British Monomarks as a business partner.

You can visit the British Monomarks website to learn more information about their services www.britishmonomarks.co.uk.

We are happy to collect your all letters from British Monomarks at no extra cost.