BUSINESS SERVICES
We offer a full range of services to:
- Small Businessess
- Sole Traders
- Partnerships
- Limited Company
- Contractors
- CIS Contractors
- Sole Trader or Single Person Company
Strategy. Planning. Execution.
Strategy, planning, and execution are at the core of our approach. We develop tailored strategies, plan meticulously, and execute with precision to help you achieve your financial and business goals.
In today’s fast-paced business world, having the assurance that all your bookkeeping and paperwork are in order without diverting your attention from running your business is invaluable. The advantages are plenty—regular monthly management of your accounts enables you to assess key aspects of your business. This not only ensures that you meet all HMRC deadlines but also allows us to provide you with the best tax planning advice tailored to your situation
Certax Accounting can recommend the most suitable system for your business, which may include cloud-based platforms like Xero, QuickBooks, or DEXT. These tools give you the flexibility to access your financial records anytime, anywhere. Rest assured, we will handle all your daily transactions, ensuring that your VAT filings, HMRC tax returns, and PAYE obligations are always up to date.
Let Certax Accounting handle all of your tax and accounting needs so you can focus on running your business.
Corporation Tax applies to all UK-resident limited companies and is calculated based on the taxable profits reported in the company’s HMRC Corporation Tax Return. Operating a limited company in the UK involves meeting several legal obligations, which are regulated by the UK Companies Act and HMRC compliance rules.
Business owners running their operations through a limited company need guidance on the various HMRC requirements. This includes advice on withdrawing funds for both business and personal use, as well as implementing tax planning strategies to reduce the company’s overall tax liability.
Certax Accounting can help you with limited company formation and make sure your company complies with HMRC requirements all year long.
UK tax laws are a detailed set of rules that apply to profits and gains made in the UK and internationally. If you’re starting a business or earning profits in the UK, it’s wise to seek guidance from an expert tax accountant. Certax Accountants have the skills and knowledge to navigate these rules, aiming to reduce your tax burden as much as possible.
Profits from trading, depending on the entity behind them, follow various tax rules. Limited companies face Corporation Tax, while non-limited profits fall under Income Tax. When chargeable assets are sold, the resulting gains trigger Capital Gains Tax.
The nature of activities and types of profits dictate the tax applied, along with numerous allowances and reliefs that can reduce liabilities. For more details, reach out to your local Certax Accountant.
Self-Assessment Tax Returns have been around since 1996, helping individuals and businesses assess their tax liabilities. Certax Accounting has the know-how and the right tools to meet self-assessment requirements and submit forms on time.
Staying compliant is essential, but at Certax Accounting, we go further. We offer detailed tax planning to help reduce your self-assessment tax liability within legal limits.
ne key part of our service is HMRC’s recognition of the professional standards backup across our network of Accountants. This professionalism helps lower the chances of an HMRC enquiry into your tax matters.
Reach out to your local Certax Accountant for a fixed-price quote to have your self-assessment tax return handled by a qualified professional.
Whether you’re a new or established business, managing VAT responsibilities is important. If your turnover has surpassed £85,000 in the last 12 months, registration for VAT is necessary. Your local Certax Accountant can help with VAT registration when needed.
Being VAT-registered offers various advantages, and Certax Accounting can handle record-keeping and compliance for you. We provide cloud-based software that we can manage, ensuring timely filing of your VAT returns and maintaining essential records to meet VAT legislation requirements.
At Certax Accounting, we are pleased to represent you in all your VAT matters, managing any correspondence from HMRC so you can focus on running your business.
As a busy business owner, you need a knowledgeable team of Tax accountants to manage your company payroll effectively.
Handling payroll can be time-consuming and challenging for owners. We can alleviate this by offering complete payroll service. Our services include:
- Processing payroll data
- Submitting RTI to HMRC
- Making payments via BACS
- Managing PAYE, National Insurance, statutory sick pay, and parental pay
- Reporting Auto Enrolment to your pension provider, if needed
- Issuing P45s for departing employees
- Preparing P60s and handling year-end payroll tasks
- Managing taxable benefits and completing P11Ds
- Keeping you informed about payments due to HMRC
We can provide tailored reports and summaries to help you understand staffing costs. Ensuring employees are paid accurately and on time is crucial, and our payroll service guarantees this area runs smoothly.
For contractors in the construction sector, we handle all CIS reporting requirements submitted to HMRC through your business PAYE scheme.
If you need a business plan or cash flow forecast, Certax Accounting is here to help. Whether you’re starting a new business or trying to raise funds for one you already have, a successful business plan is key. Lenders will expect a detailed plan that clearly shows how your project will be profitable, so it’s important to have everything well documented.
Your plan should cover the area you’ll be working in, include sales predictions, and outline the cost of marketing to hit those sales targets. It also needs to show that your business can repay any loans, handle all expenses, and allow for personal withdrawals.
This information will be summarized into a profit and loss account, showing how much funding you need and what capital you’re bringing in yourself. If you want a professional business plan that can win over lenders, Certax Accounting can help you put it all together.
If you’re thinking about selling a capital asset, Certax Accounting is here to help you with the process.
There are several business or financial moves that might lead to a Gain on Sale Tax, like selling a business or personal asset. Gain on Sale Tax exemptions and allowances can help lower these taxes, saving you a lot of money.
At Certax Accounting, our tax service includes a full review of your Gain tax situation. We’ll handle the calculations, claim any reliefs or allowances you qualify for, and submit the necessary forms to meet legal requirements.
If you need advice on Gain on Sale Tax, feel free to reach out to your nearest or local Certax Accountant.
Producing accurate cash flow estimates is key to ensuring your business grows.
Cash handling is super important for any business. To keep your business on track, having a cash handling plan is essential and should be part of your overall strategy.
Checking this plan regularly can improve both sales and how you handle purchases on credit. This can really help your business grow and reduce financial risks. A Certax Accountant can help with this by spotting times when you might face cash shortages and suggesting ways to fix any issues.
For more details, feel free to reach out to us.
At Certax Accountancy, we offer professional umbrella company services to freelancers and contractors, simplifying your payroll and tax compliance. By working through an umbrella company, you can enjoy the benefits of being employed while maintaining flexibility in your work.
We handle all the administrative tasks, from calculating your pay to processing taxes, ensuring you’re fully compliant with HMRC. Our expert team manages your PAYE, National Insurance, and tax deductions, leaving you free to focus on your work. With Certax Accountancy, you can be confident that your umbrella company services are efficient, accurate, and stress-free.
At Certax Accountancy, we ensure your annual accounts are accurate and fully compliant with accounting standards. We handle everything from preparing profit and loss statements to balance sheets and cash flow reports.
Our expert team takes care of all the details, ensuring your accounts are filed on time and meet all legal requirements. Whether you’re a small business or a larger company, we make the process simple, so you can focus on growing your business with confidence, knowing your financials are in good hands.
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We’d love to hear from you! Whether you have questions, need assistance, or want to discuss how our services can benefit your business, feel free to reach out. Our friendly team is here to help.