Accountancy Services Essex & London
Our services include (but are not limited to):
LIMITED COMPANY
Services include:
Annual statutory accounts (for Companies House filing/lodgement along with the corporation tax return)
Annual corporation tax returns
Annual confirmation statement lodgement
Completion of company secretarial duties (e.g., dividend vouchers, share certificates etc.)
VAT returns
Payroll
SOLE TRADERS & PARTNERSHIPS
Managing the books and records of a business can be a real drain on time and resources for an owner managed business.
We can help take this hassle away by preparing a set of sole-trader and/or partnership accounts.
We will provide advice on how to accurately record income and expenditure and on allowable vs disallowable expenses (so tax bills are legally minimised!).
No surprises - we provide advance warning of tax bills that are becoming due.
START-UPS
We can help set you off on the right path by working with you to select the best business structure for your needs.
Depending on which structure is selected, we can handle the administration required to set up your business in the required format.
CONTRACTORS & FREELANCERS
We can help contractors and freelancers who wish to work through their own limited company by taking them through the risks and benefits of working in this way.
We explain the IR35 legislation to those we work with, and make recommendations where necessary (e.g., contract reviews).
We can help make decisions around VAT registration and advise on the optimal remuneration structure for cash draw downs.
TAX MINIMISATION
Whether it’s questions around how to extract earnings from your company in the most tax efficient way, or ensuring capital allowances are fully claimed, we will help you minimise your tax bill.
North Hill clients benefit from a scheduled tax minimisation review where legal tax saving opportunities are identified and communicated through an action plan.
R&D TAX CREDITS
North Hill adds value to its’ client base by identifying eligible claims and managing the R&D application process with HMRC.
Many UK businesses are missing out on claiming the R&D benefit to which they are entitled.
North Hill clients benefit from an inbuilt R&D review so that no opportunity is potentially missed.
SELF-ASSESSMENT
We complete, lodge and manage HMRC correspondence for clients in respect of self-assessment tax returns.
We provide a thorough review of returns lodged to ensure all reliefs are claimed where possible.
BOOKKEEPING
A simple and straightforward service designed to reduce time and hassle for owner managed businesses.
Scan/photograph expense receipts and invoices, send them to us, and we’ll do the rest.
CLOUD ACCOUNTING
We help clients transition over to cloud accounting software.
Cloud accounting software saves time and money for clients by streamlining core processes such as bank reconciliations, sales invoicing and accountable payable.
North Hill is a certified Xero Bronze Partner.
VAT
We can advise on whether your business should become VAT registered.
We manage the registration process and can either prepare and lodge the returns on your behalf or review the returns once you have prepared them.
PAYROLL (PAYE)
We can run your payroll function for you by preparing the required pay slips, payment summaries and annual statements.
We will act as your contact point with HMRC to ensure that you are compliant.
AUTO ENROLMENT
We can help you manage your compliance with the Pension Act (as implemented in 2008) via helping with employee communications, making the correct pay deductions, and then ensuring the right amounts are paid to the pension provider.
MANAGEMENT ACCOUNTING & COMMENTARY PACK (VIRTUAL CFO)
Depending on the needs of your business, we can develop a reporting framework for you to enable you to review and analyse your businesses performance on an ongoing basis.
Making data-based decisions is particularly important when trying to attain specific profitability and other growth targets for your business.
The service comprises (but is not limited to):
Management Accounts (produced periodically according to your requirements)
KPI reporting (Key Performance Indicator reporting e.g., profit margins, head count/staff turnover figures etc).
Virtual CFO attendance at board meetings