Whether you are a small or medium-sized company, Saj Accountancy Services can be a vital addition to the financial structure of your business. Our experience and expertise in accounting and business can help ensure that your financial position is clearly presented, fair and reliable. Preparing accounts both for internal and external reporting purposes is our core strength. Even though the primary aim in the production of the accounts is to report the performance and financial position to the stakeholders of a business, we will also advise you on other important factors, such as the tax consequences, the views that these accounts present to third parties such as bankers or your competition, or the industry standards that we have followed to prepare the accounts.
Through our assistance, you can get the all-important financing you will need to succeed. For more information on our Accounts services, or if you would like to arrange a free initial meeting to discuss how we can help you in more detail, please contact us via the contact page.
Complying with Companies House requirements is becoming more complicated and time-consuming for company secretaries and directors. Saj Accountancy Services can offer a comprehensive company secretarial service to ensure that your company complies with its legal and compliance obligations. Not only does this help relieve directors of administrative pressure but also allows you to focus on what is important.
Automatic fines are levied for late filing of accounts and payment of tax, and directors and secretaries in default of the many filing requirements of the Companies Act 2006 (the Act) render themselves liable to prosecution, and, in serious cases, disqualification.
· Company Formations
· Filing of Statutory Annual Returns
· Registered Office Facility
As well as this the minimisation of corporation tax liabilities will help a company to reinvest more in future development or to release more funds to shareholders. We can advise on:
· Advise on the optimum structure for your business
· Record keeping and compliance requirements
· Minimising the overall liability
· All relevant claims and deductions
· Keep you advised of industry developments
· Calculation of the corporation tax liability
· Corporation tax payment deadlines
· Form CT600 filing deadlines
· Deal with any HMRC enquiries
Agreeing your corporation tax liability with HM Revenue & Customs is principally achieved by completing a company tax return. Understanding this complicated tax system and paying the correct amount of tax, at the correct time, through the correct mechanism, is what most clients seek. Saj Accountancy Service will ensure you receive an expert and accurate service
Our management accounts service provides business with up-to-date financial information. This is the key to effective business development. Rather than simply producing a few extra sets of accounts each year, we will go the extra mile by analysing the figures in depth and meeting with you each month or quarter to discuss what these figures mean for your business. This analysis of key areas will add real value to your decision making process.
We prepare management accounts for businesses ranging from small owner-managed business, to large groups and to large charities. We will report on the business as a whole or by department/division. Not only does the information we provide give management teams the insight needed to plan and monitor strategies, they will also be able to spot trends before it is too late, and to explain the business clearly and accurately to third parties.
Other real benefits of producing management accounts include.
· Producing management accounts can lead to opportunities for greater tax planning, by helping you minimise or deferring your tax liabilities.
· Reduce your cost base, and release your valuable time by outsourcing this key support service to us.
· Up-to-date management accounts can ensure that you only take dividends from your company when they are legally available, avoiding unnecessary tax liabilities.
· The process of finalising your year-end accounts will be much faster – allowing you to know your financial position and tax liabilities very quickly after your year end and more cost-effectively
It is important that as a business you maintain a well-run payroll system. You must ensure that wages are paid on time every time. This process can be a lengthy time-consuming chore, using up time and resources that could be better spent focussing on your company’s core activities. As well as this, non-compliance with tax & employment legislation has resulted in ever increasing penalties.
At Saj Accountancy Services our specialist Payroll division can help ease this burden by providing a comprehensive payroll service. Our experienced staff have dealt with all aspects of the PAYE system and will ensure compliance. We deal with a wide array of clients in terms of size and industry sector but our payroll service is tailored for each company, and includes.
· Fortnightly/Four-Weekly/Monthly payments
· PAYE & National Insurance contributions
· Statutory Sick/Maternity/Paternity pay
· Attachment of Earnings and Pensions
· Payslip production & postage
· Electronic Submission of Payroll Data to HMRC
· Settings up pension and liasioning with Pension company
· Filing RTI return
· We only use HMRC accredited software.
We can save you a lot of time, worry, and money by handling your self-assessment for you. We will do all the necessary computations, complete your return and identify planning opportunities to minimise your tax liabilities. We can act as your agent, dealing directly with HMRC on your behalf and, should you be selected for a self-assessment enquiry, act for you and we will
· Prepare your annual Self-Assessment Tax Return including rental income accounts and Capital Gains Tax computations, as appropriate.
· Calculate your tax liability for the year, advise the amount of any Balancing Payment due 31st January and calculate the Payments on Account due for the following year.
· Calculate your tax liability for the year
Filing the return and letting you know to pay the tax amount.
VAT has become so complicated that it can be a burden for any registered or even unregistered organisation. The penalties for getting it wrong can be costly. Our cost-effective VAT compliance and planning services can relieve you of this burden. Drawing on our expertise and the experience of our VAT advisers Saj Accounting can help and support your needs to effectively manage your VAT procedures, meet your VAT obligations and minimise your VAT liabilities. We can help you comply with all your VAT obligations, to help you cope with the increasing complexities of the tax. Our team of VAT professionals will help to keep your VAT affairs in order, make sure you are collecting the right amounts for each transaction, and ensure that you make payments and file returns correctly and on time.
In addition to providing a comprehensive bookkeeping and VAT accounting service, we can also advise on and help with.
· The timing of compulsory registration
· Flat rate VAT schemes
· VAT on imports and exports
· On-line or desktop software for bookkeeping at your choice