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YEAR-END ACCOUNTS & TAX RETURN SERVICE IN ANDOVER

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Over the last decade many diligent Andover businesses have come to learn a secret when it comes to preparing their tax return and year-end accounts. This secret allows them more time to spend on profit-enhancing activities rather than on compliance.

In case you don’t know this secret we’re talking about The Financial Management Centre’s year-end accounts and tax return services.

The sad truth is many small business owners operating in Andover are no different to the rest of the United Kingdom in struggling to prepare and submit their tax return and/or year-end accounts by set deadlines. In 2015 over 800,000 small business owners failed to submit their tax return online by 31st January resulting in an unprecedented level of fines.

Instead gain utter piece of mind by opting for The Financial Management Centre’s year-end accounts and tax return service offered to Andover businesses.

 
 

YEAR-END ACCOUNTS SERVICE IN ANDOVER

Andover businesses operating as a limited company are required to submit annual year-end accounts to Companies House in Cardiff. Companies are required to carry out this step under the Companies Act 2006. Year-end accounts must be filed within nine months of your elected accounting reference period. Companies House issues a late fee of £150 to all business filing accounts after this deadline.

The Financial Management Centre offers an affordable and reliable year-end accounts preparation service. Our advisors work closely with you and your staff in making sure your year-end accounts are prepare accurately and within set deadlines. If you are not receiving monthly or quarterly management accounts then year-end accounts offer the only indication the business’s health during the period in question. Many businesses in Andover rely on information contained within year-end accounts to base important business decisions upon for the remainder of the fiscal year. Make sure your year-end accounts are prepared accurately by choosing The Financial Management Centre in Andover.

 

TAX RETURN SERVICE IN ANDOVER

The Financial Management Centre offers tax return services in the Andover area. This service is ideal for limited companies, partnerships, sole traders, private landlords and families earning between £50,000 and £60,000 and claiming child benefit.

Those required to file a Self-Assessment Tax Return (SATR) must do so by 31st January each year. This includes those trading under a partnership or as a sole trader. The SATR details revenue and profit/loss occurring during the prior fiscal year. The fiscal year runs each year from 6th April to 5th April.

Limited companies in Andover must file a Corporation Tax Self-Assessment (CTSA) using form CT600. Company directors must also return a SATR. Form CT600 must be filed within nine months after your accounting reference period conclude.

For both SATR and CTSA a failure to submit by the required due date results in a fine and interest charges on tax past-due.

The Financial Management Centre works closely with your business to make sure your tax return is completed correctly and well in advance of deadline day. Click here to learn the many advantages gained by submitting the return early. Our advisor identifies each deductible expense item. This may mean you pay less tax compared to completing your tax return yourself. Our service certainly means you do not deduct items you are not legally entitled to deduct from your tax bill. This avoids a HMRC tax investigation and potential fines and/or interest charges on overdue tax.

We also review your bookkeeping system when carrying out this service.

 

HOW TO MAKE AN APPOINTMENT

Contact The Financial Management Centre in Andover today on 01264 726033. Alternatively complete the enquiry form.

How can we help you

We recognise that not all businesses are the same and will be at different stages of their development. We offer a wide range of services to small-to-medium-sized businesses.

Startup

Finding the right accountant to help you look after the financial side of your new business is a key decision which could save you a lot of time and money.

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Sole Trader

Sole traders are independent business people with drive and ambition. It is important that you use a dedicated accountant who understands that.

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Limited Company

Whether you are a small-to-medium-sized business or need a fully dedicated accountant to help meet the challenges faced by limited companies, we can help.

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Partnerships

Whether you are a small-to-medium-sized business or need a fully dedicated accountant to help meet the challenges faced by limited companies, we can help.

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Our Plans

All our packages are fully customisable and we offer a fixed price monthly payment schedule - no surprises! This gives you certainty and allows you to spread the cost across the year.

Essential

From

£75

Per month*

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Our essential package is suited to all businesses who are looking to ensure compliance with reporting requirements.

Professional

From

£300

Per month*

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Take away the burden of managing finances and start focusing more on your business by investing in our professional package

Ultimate

From

£750

Per month*

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Completely outsource your accounts whilst still maintaining a close eye on company performance with our ultimate package

* Fees vary depending on the size and need of the client business. Packages can be tailored so please contact us to discuss your requirements.