Bookkeeping and Payroll

Bookkeeping Services

Bookkeeping is one of the most important and basic parts of accounting. Businesses, whether they are small or large in size, require good quality bookkeeping to keep things simple and clear.

WHY IS IT IMPORTANT?

There are numerous benefits that sound and quality bookkeeping can bring to your company but we have listed some top ones below:

Financial Management and Sound Analysis
Keep your Taxes Right with prevention of incurring penalties
Easier for you to create a business plan with a clear picture of your Balance Sheet and Profit & Loss
Easier for the owners to report to their investors anytime
Compliant with the Laws of Record Keeping

Makesworth understands that running your business could be time constraining and stressful and if you are looking for a reliable and trusted bookkeeping service then your search is complete now.

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Here at Makesworth, we do not overload our clients with Accounting jargons rather make things simple for you to understand. We have a team of qualified Accountants and Bookkeepers who are well trained in Xero, QuickBooks and FreeAgent to make sure you are at the top of your accounting affairs with the latest technology.

HOW CAN MAKESWORTH HELP YOU?

We aim to work closely with you with continuous correspondence and provide you with a tailored service for your needs. Our services for bookkeeping include:

Review your bank statements, income and expenses, and invoices and receipts to complete bookkeeping with a fast and reliable team.
Analyse for any requirement of VAT registration and complete the necessary procedures as needed after consultation with you.
Research and advise a beneficial VAT scheme for your business.
Maintenance of digital records with the preparation of VAT returns being compliant with Making Tax Digital.
Advise on our partner accounting software at your convenience along with training and assistance in initial set-up.
Advise you on our tax investigation service against the costs associated with HMRC’s tax inquiry.
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Payroll Services

Any business that has employees will need to run a payroll and submit RTI (Real Time Information) Returns to HMRC on each payday. Unfortunately, penalties starting at £100 per missed RTI return are payable to HMRC and any underpaid tax and NI due will also accrue interest.

Benefits for a low monthly fixed fee

If you choose us to complete your payroll you will receive all of the following benefits for a low monthly fixed fee:

The production of your payslips, either weekly, fortnightly, four weekly, monthly, quarterly or on an ad hoc basis
Your own dedicated accounts manager
Submission of your RTI Returns
Production and processing of your employees’ starter/leaver/year-end forms such as P45, P46, P60 etc
The processing and claiming of employment allowance on your behalf
Your employees’ holiday pay, SSP (Statutory Sick Pay), SMP (Statutory Maternity Pay) and student loan deductions
We will email your payslips/forms and other information to ensure a speedy and efficient service
We correspond with HMRC on your behalf
We will represent you in the event of a payroll inquiry from HMRC
Automatic email reminders to let you know when your payroll is due, reducing the risk of penalties being issued for late filing
Unlimited payroll help and advice throughout the year from your dedicated Payroll Clerk
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Bookkeeping and Payroll

Need Accountancy Support?

For information on bespoke training, or if you have any other questions for Makesworth Accountants, please fill in your details left side.

Want to Explore More?

Please Email us now: info@makesworth.co.uk or Call: 020 7993 8850

Head office address:

Unit 101, First Floor, Cervantes House, 5-9 Headstone Road, Harrow, HA1 1PD

Call for help:

020 7993 8850

Mail for information:

info@makesworth.co.uk