Accountancy Services

Whatever your accounting needs are, whether it be a 'one off ' or whether you wish to outsource your accounts entirely, the following services are available:

(All of these services are included in our Ruby and Gold Packages, which offer extremely good value for money).

Bookkeeping

Keeping accurate bookkeeping records is vital for any business.  With a good system in place it provides information on income and expenditure, manages cashflow, helps to develop a marketing strategy and ultimately monitor where your business is going. JDS Accountancy can provide an excellent system for bookkeeping.

Management Accounts

Management accounts are vital to any business.  If you are self-employed or have extra income, they can also help you to plan for tax, which is essential!  Management Accounts are integral reports in running a business. They show a current view of the enterprise.  Profit and loss, (P&L), Balance Sheet (B/S) which often described as a ‘snapshot of a company’s financial condition’ and a Trial Balance (T/B), which gives detailed ledger listings of what monies have been received and spent. Signing up to our Ruby or Gold Package means you will be able to see how well your business is doing on a monthly basis or how much you need to put by for tax purposes.

Payroll Bureau

Our payroll bureau offers a complete service in the preparation and compliance of payroll and is competitively priced.  Our software is authorised by the Inland Revenue for Internet filing and year-end PAYE Returns.  Whether your payroll run is weekly, fortnightly, four weekly or on a monthly basis, our Payroll Bureau is there for you.  We can cater as purely a Payroll Bureau or it can be incorporated into a package, whatever your requirements are. Please contact us for your quote.

Self Assessments

 We can complete self assessments for you either as a one off or if you join our Ruby Package we complete them monthly - which is so much easier!  You dont have to keep your own accounts, neither is there all that messing about at the end of the year trying to think what that odd payment was for.  Whatever your requirements please call the office for a quote.

VAT Returns

The Ruby and the Gold Packages also incorporates VAT Returns, so you'll never have to fill in one of those again!  We'll do it for you and online. 

From 1st April 2012 it will be compulsory for all VAT registered businesses to file online. Currently only businesses who became VAT registered from April 2010 or those with an annual turnover of £100,000 or more (excluding VAT) must file online.  From 1st August 2012 all requests to register for VAT must also be made online.

If you are VAT registered you can reclaim VAT paid on purchases, fixed assets and expenses and you can charge VAT when you supply goods and services.

Your company must be VAT registered if it exceeds the threshold created by HM Customs and Revenue, currently £73,000.  De-registration is at £71,000 or less.  There is also voluntary registration which has many benefits.

The current rates are as follows:

Standard Rate is 20%, the Reduced Rate is 5%, Lower Rate 0%

There are also various VAT schemes for small businesses including Cash Accounting, Annual Accounting, Flat Rate Scheme and Retail Schemes.

There are significant penalties for not submitting your VAT return in time.  With JDS Accountancy completing your bookkeeping, your accounts will be organised and submission to HMRC will be made online and on time.

Year End/Self Assessments/Annual Accounts

If you join our Ruby or Gold Packages, JDS will complete all your Year End requirements including Self Assessment's, Annual Accounts, Payroll submissions and filing at companies house.  If you require a 'one-off' we can do that for you too. There are certain deadlines that must be reached and late submissions can result in stiff penalties. If we have been working on your accounts throughout the year, this process is much simpler.   

Other Services

These services are also available should you require them: 
Budgeting and Forecasting
Capital Gains Tax
Corporation Tax
Company Secretarial Services
Mitigation Service. If you are subject to a tax enquiry our Mitigation Service is what you need.  With our Mitigation Service none of our clients have paid a penalty.  Please contact us so see how we can help you.

Join our Exclusive TAX CLUB! 

By joining our TAX CLUB you will be protecting your interests and the interests of your business from any tax investigations.  This is exclusive to our clients and protects them from any investigations by HMRC. With increasing numbers of random and general enquiries by the tax authorities, tax investigations into VAT, Personal Tax and Corporation Tax are becoming more common. For a small monthly subscription, joining our TAX CLUB will provide you with all the help, support and guidance that JDS Accountancy can provide during an investigation without stress, hassle, worry and fees! 

Please contact us on 01273 564529 or 07960 701753 for more details.