Shapcotts Accountants

The Shapcotts April 2013 edition of our monthly tax newsletter is now available online, designed to keep you informed and up to date with the latest tax issues.   Just click here. In this Issue: - HMRC Taskforces - Information on Company Cars - Tax bands and personal Allowance - Tax free childcare scheme - & much more

At Shapcotts we provide both compliance and advisory tax services. Our clients range from start up companies to well established companies and groups. We tailor all of our services to meet your individual requirements.If you require any further information or would like to discuss any other tax related matters not listed belowplease contact us on 01332 680540.

All businesses regardless of size need to keep bookkeeping records. The maintenance of a good accounting system and records written up on a timely basis helps in the management, control and smooth running of a business. In addition good bookkeeping records provide a more robust defence in the event of a tax enquiry.At Shapcotts we provide a range of bookkeeping services designed to provide exactly what you and your business needs:Full Bookkeeping ServiceGeneral Bookkeeping ServiceBookkeeping TrainingBookkeeping Support ServiceInitially we will meet with you to discuss your business's requirement and to develop an understanding of your business. We will then tailor our service to meet your requirements.

To administer your own payroll can be time consuming, complicated and fraught with error. Penalties for incorrect payroll operation are increasing and late or incomplete returns now give rise to wider implications. As it is a very confidential area of a business it is normally the business owner or a senior employee that is delegated the task and this then takes you away from the core activities of your business.The task is becoming more difficult with continual changes and increasing complexities of employee taxation and employment legislation.Let Shapcotts take this strain away from you and allow you to get on with running and growing your business.We have dedicated staff who can relieve this burden by providing a cost effective, comprehensive and confidential service, whatever the size or complexity of your business.Our payroll service includes:Registering a business for PAYEEmployee PayslipsMonthly PAYE/ NIC liability payslipEmployers Annual Return (P35)Benefit in Kind Return (P11D)Statutory Sick PayStatutory Maternity PayStudent Loan DeductionsSundry employment adviceCompletion of other ad hoc formsAlternatively Shapcotts can provide you with support as and when you need it throughout the year to complement your in-house payroll department, assisting if necessary with payroll year end and P11D's.Please contact us on 01332 680540 to discuss your payroll needs.

Every trading business has a statutory obligation to prepare accounts, in the main, on an annual basis to enable you to agree your tax liability with HM Revenue & Customs. In addition, Limited Companies have a further obligation to file their accounts at Companies House. At Shapcotts we look to assist your business not just with the preparation but by also carrying out a number of key objectives to help inthe future.These are to:Minimise tax liabilityCut costs and make expense savingsMaximise profit marginsReview compliance with trade regulationsReview compliance with legal obligationsWe aim to have a full understanding of your business, how your business stands financially and can, if required, help you plan forthe future.We prepare accounts for sole traders, partnerships, limited liability partnerships (LLPs), Limited companies as well as a number of other special entities (i.e charities).Please contact us today on 01332 680540 for a quotation.

If you wish to find out more about becoming one of our clients please call to arrange a FREE initial consultation on01332 680540 or email us at admin@shapcotts-accountants.co.uk