Accountancy, Bookkeeping, Payroll, Tax and VAT Services
Berkshire, Surrey, Middlesex, Windsor, Slough, Guildford, Maidenhead, Staines, Egham and Ascot.
We offer a complete accountancy service which includes:
- Monthly Bookkeeping
- Monthly payroll for all employees
- Quarterly VAT return
- Annual accounts for HM Revenue & Customs
- Corporation Tax
- Tax advice
- Company Secretarial - maintenance of share register & minutes
Whether you’re a sole trader, small business or large company, you’ll need to prepare annual accounts.
Keeping track of your spending, tax returns, profits, and other transactions can be a tough job but we can deal with all these aspects for you. Using your source books, receipts and records, we can prepare your annual accounts for your tax returns. Having proper annual accounts is not only important to show H M Revenue and Customs, they can also prove invaluable in any business loan or mortgage applications as most financial institutions will want to see that you can manage your monetary affairs.
There are a number of reasons why it is essential to keep regular and accurate records of your income and expenses, and these include meeting H M Revenue and Customs regulations, controlling your finances, and effective business management. Some sole traders and new businesses prefer to do their own bookkeeping but they often find it difficult to keep their accounts up-to-date, and that is why it is useful to let a us do the hard work for you.
Using your records and receipts we can provide an efficient, up-to-date bookkeeping service for individuals, small businesses and large firms. Among the records we will service for you are expenditures, receipts, accounts payable and receivable, and profit and loss.
Cash flow projections
Cash flow problems are undoubtedly one of the main factors in business failure in the UK because without a steady stream flowing in and out a business’ credit and growth can be adversely affected. To avoid these problems and encourage your business to grow it is vital that you manage and forecast your cash flow. We offer a number of services that will help you to keep the money flowing smoothly through your business, these include:
Forecasting your cash flow by studying your customers’ paying habits so you can predict when and how much they will spend. The amount forecasted will be within five percent of your receivables each month.
Tracking your expenses each month by comparing your projected expenses to your actual expenses. This will help you to anticipate the need for more cash and therefore react immediately.
Projecting your sales revenues monthly, quarterly and yearly so that you can spend accordingly.
As well as keeping your business running efficiently, cash flow projections are also important for securing a bank loan or investment from a third party. You will also be able to see at a glance the timing of expected payments in relation to suppliers, wages, capital expenditure, loan repayments, dividends, tax and interest.
Whether you employ one or a large team of staff, a crucial part of your business will be payroll - calculating wages, National Insurance and income tax, and arrange payment to your employees. Payroll accounts can be a very complicated and time consuming procedure but we can offer payroll services, which include weekly, fortnightly, monthly and annual payroll, BACS, cash and cheque payments, calculation of Tax, National Insurance, Statutory Sick Pay, etc, and complete end of year reports.
All companies have to pay Corporation Tax at the end of every trading year, and so a substantial amount of a firm’s earnings from the year needs to be put aside for paying the tax bill when it comes. Deciding how much to save for tax and the process of paying it can be a complicated issue for someone not specifically trained in dealing with taxation, we can work out your payments correctly.
If you are registered for VAT we can complete thre returns for you. We can also help self-employed people to complete their self-assessment tax returns, as well as calculating how much tax you’re likely to be charged.
To receive a quote for any of our services in Berkshire, Surrey, Staines, Slough, Windsor, Maidenhead and Reading, please return the brief questionnaire to get the process started.
Get in touch
We look forward to your email!
D G Owens
Chartered Management Accountant
34 Saxon Way, Old Windsor
Berkshire SL4 2PU
Or call Don or Katie on
DG Owens have looked after my company and personal tax affairs. It is a very personal service, they are very efficient and things get done on time and to a high level. If you are in business then you are likely to want someone who will cover the bases for you and this is certainly what DG Owens do.
N D Weston Limited