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Accounting Services
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Hubbards advise you and your business throughout
the year to ensure your annual accounts present the best result. We
can provide timely management accounts and prompt cash flow and profit
forecasts in a format that you understand. Hubbards offer; |
VAT / Inland Revenue |
| Advice regarding registering for VAT. Preparation of VAT returns and Inland Revenue Self-Assessment returns applying the rules to ensure you claim all the deductions to which you are entitled thus saving you money. |
| Payroll services |
| We calculate gross and net wages providing payslips and advising you of the amount due to employees and to the Inland Revenue in respect of PAYE and National Insurance. |
| Book-Keeping and the preparation of accounts |
| We can prepare your annual accounts and take care of your book-keeping requirements including posting all transactions maintaining purchase and sales ledgers, carrying out any necessary reconciliations and producing financial statements reports and summaries to help you manage your business. |
| Corporation Tax |
| By taking professional advice you could minimise the amount of corporation tax that your company has to pay. Did you know that taxable profits include all sources of income but exclude dividends from UK based companies? |
| Other Services |
Hubbards check to see if there would be benefits from incorporating your business. We can also advise on company formations, business start-ups, computer system implementation and give advice on raising finance. Hubbards also
provide confidential advice on personal finances. |
| Capital Gains Tax |
| By consulting Hubbards before undertaking transactions that could attract Capital Gains Tax you may be able to minimise the tax liability. For example you do not have to pay CGT on an assets transferred to your spouse or given to charity. You are liable to gains on disposing of items such as company shares, land and buildings, and higher value personal assets if the total gain exceeds your personal annual exemption. |
| Inheritance Tax |
Which gifts are liable for Inheritance Tax? Will IHT be due on your estate when you die? What are the responsibilities of the personal representative? Whether you need advice on Inheritance Tax planning for the future or you have inherited assets and need assistance Hubbards can help. |
| Regulated Business |
| Registered by the Institute of Chartered Accountants in England & Wales to carry out company audit work. |