Starting a new businesses
We help with what you need to register and where. With our extensive experience in working with new businesses we can assure you that our advice will be tailored to meet your specific business goals and objectives.
Business regulations
There are a number of rules with which businesses and employers need to comply. We understand that you have neither the time nor the inclination to take care of all the administrative burdens associated with the accounting side of running a Limited Company so let us take care of it.
Bookkeeping
We can prepare your accounts from whatever bookkeeping records you have - whether they be computerised, spreadsheets, a cashbook or a bag of receipts. We can advise you on how to strengthen your record keeping procedures, which in turn will help you run your business more effectively. Your accounts will be prepared in accordance with accounting standards and we will check that you are claiming everything you are entitled to.
VAT
A complex area which requires some effort to avoid problems. Before registering for any VAT scheme, it is important to understand your business requirements and then choose the most appropriate VAT scheme for your business. We will discuss and assess which VAT scheme is best suited for your business. We will then get you registered for VAT and guide you all the way to raising your VAT invoices.
Self assessment
We can correctly file your tax returns on time and advise and claim the tax relief and the tax deductions you are entitled to. By giving you a fixed, competitive price, we can take the worry away when it comes to self assessment tax returns, allowing you to concentrate on running your business.
Company accounts & Corporation Tax
You can choose the level of assistance required to ensure accurate and complete information is the end result.
We’ll take care of all your company accounts and corporation tax compliance. If you’re a limited company, we’ll file the required annual accounts to Companies House and HMRC, and submit a full CT600. We will minimise your CT bill and ensure you meet all of your filing deadlines.
Payroll & CIS
Another area you will want to get 100% correct with the minimum of cost. We run payroll functions for a large number of existing clients. KTR Tax will help you assess the need for PAYE or/and CIS registration with HMRC and on-going payroll including Real Time Information (RTI & CIS300) submissions.