Acton is one of the safest places to visit. Setting up your business here is not a bad idea. It’s the perfect opportunity to expand on since the COVID episode. Croydon is the hub of startups and we’ve got countless success stories to share. Why not join hands with our accountants in Acton to become a good startup companion? Are you still having second thoughts? Think about it. Would you want your business to prosper or do you want to be tangled between your paychecks and taxes? Let us handle the number of dramas.
Accounting is more than just numbers. Accounting is all about taxes, cash flows, planning and getting to HMRC on time. Count on us to get all your files approved, get done with payrolls, and save up on a lot more. You’ll find many UK accounting firms. Take our word. Let us help you with your past records to be sure that our accountants in Acton are the finest accountants you’ll find to join hands with. Throw your problems at us and let us give you the right accounting solutions. Let us help you figure out how much taxes are you willing to pay? How to get a refund for that? Get in touch with us for more information.
Are you just starting out your journey as a business owner? Do you the process of registering your business online? Let’s help you out with company registration in UK? So how does the process roll out? Here are some things you need to consider/ need to get done with before they start hurting your newly established company:
- You need to file company’s annual return to company house each year.
- Don’t forget to file abbreviated set your accounts to the company house each year.
- Pay any corporation tax due within 9 months and one day after the year end day.
- File your complete accounts to HMRC each year.
- File corporation tax return to HMRC- CT600 (this needs to be filed within 12 months after the year end date)
- Don’t forget to register your business for VAT if your turnover is what makes you eligible to pay your VAT returns.
- If you’re VAT registered, don’t forget to register your VAT quarterly.
- Work on your systems extensively. If you’ve got employees onboarded, its a good idea to establish a PAYE system to collect income tax and National Insurance Contributions.
- Make sure you find monthly payroll under real time information. That only happens if you’ve got a PAYE scheme in place.
- As a director of your company, you also need to take care of your self assessment tax returns every year.
- Other circumstances completely differ, the moment you’re up to file P11D