ACCOUNTANCY SERVICES

• Preparation of monthly and quarterly management accounts
• Preparation and submission of statutory accounts to Companies House and HM Revenue and Customs
• Help maintain business cash book , purchases day book, sales day book
• Help with credit control
• Partnership & Small Business accounts
• Preparation of budget, profit and cash flow forecasts
• VAT computation and submission of VAT return to HM Custom & Excise
• Bank reconciliation and maintain cash book
• Advise directors on dividends
• Completion of year end returns such as P35, P11, P14 and P60s (see PAYROLL BUREAU)

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BOOK KEEPING SERVICES

• Abtax provides monthly or quarterly book -keeping services, we act as your accounts department.
• Sales invoice preparation, this can be sent out on behalf of our clients to their customers.
• Help reconcile the following accounts
• Bank
• Sales ledger ( produce aged debtors list)
• Purchase ledger (produce aged creditors list)
• VAT control account
• PAYE and Wages control account.

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COMPANY SECRETARIAL SERVICES

• Company formation ( 24-48 hours turnaround)
• Preparation and filing of Companies House forms
• Act as company secretary
• Help maintain statutory books
  

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TAXATION SERVICES

• Abtax is appointed as an agent for corresponding with HMRC on tax matters
• Prepare, calculate and submit Corporation and Personal tax return to HMRC
• Advise clients of tax liabilities, with our monthly book- keeping plan you are guaranteed to know well in advance what is due in taxes, leaving you enough time to plan payment.

• VAT (Value Added Tax)
  
  Assistance with VAT registration
  • Advise on VAT planning and administration
  • Use of the most appropriate scheme
  • VAT control and reconciliation
  • Help with completing VAT returns



• Personal Tax and planning
  
  
We offer a specialist personal tax planning service tailored to your individual needs that includes:


• Advice on minimising tax liability for all personal taxes, including:
• Income Tax
• Capital Gains Tax (CGT)
• Inheritance Tax (IHT)
• Non-domiciliary taxes
  
  
  
• Corporate Tax and Planning
  
  
• Calculate Corporation tax
• Help minimise Corporation tax exposure
• Relieve you of the administrative burden of complying with tax legislation; these include:
  • Determining the most tax effective structure for your business
  • Tax opportunities and reliefs
  • Capital or Revenue tax treatment
  • Reducing tax on disposals and maximising relied on acquisitions
  • Making the most of tax opportunities specific to your industry

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OTHER SERVICES

• Business Start up and planning for Growth
  
  
• Help decide best structure; Limited company, partnership, self-employment etc.
• Preparation of business plan . cashflow, projections, budgets and trading forecasts
• Assess your finance requirements, advise on the best source of finance and draw up the necessary proposals
• Establish a good working relationship with your bank
• Complete any registration procedures with Companies House, HM Revenue and Customs and Customs and Excise
• Set up a recording system for your internal use and for complying with statutory requirements

• Retirement Planning
  
  
• Preparation for retirement
• Adequate income for life
• Savings products such as investments , property acquisition
• Retirement and exit strategies
  
• Lifetime care provision
  
  
  
• Estate Planning
  
  
• Passing on a lifetime's wealth
• Help reduce Inheritance Tax by thinking ahead
• It is also possible to mitigate potential inheritance tax liabilities by arranging adequate life assurance cover.
• We can help you with your estate planning, including succession planning and business exit strategies.
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