Accountancy services in Guildford, Surrey
At Geoffrey Collins & Co my service philosophy is focused on providing a rapid response to you. I aim to produce accounts and tax returns within 10 working days of receiving all necessary information. If I envisage a delay, I will let you know.
For other types of work, such as special reports, I similarly aim to give a fast turnaround.
I keep you informed of progress, by telephone or by email, as I work on your account.
I log all the key steps in completing your work into my tracking system and will chase you for outstanding information if I do not receive it in a timely manner.
My fees are based on the time taken to carry out your work. I am always happy to give written estimates in advance.
Clients in business need to prepare accounts to support the figures in their annual tax return. Once your year end has passed, I get in touch by email with what I need to prepare your annual accounts. This is usually a trial balance from your accounting system, but for smaller clients I am happy to prepare accounts from original source documents.
My annual accounts service involves a critical review of the numbers, so as to reduce the risk of a tax enquiry. I inform my clients of any adjustments so that their accounting system can be kept in sync.
The final product is a set of desktop published accounts complying with generally accepted accounting principles. Company accounts also include the applicable Companies Acts disclosures and are suitable for filing online under iXBRL.
Company formations and company secretarial
For sole traders and partnerships, incorporation as a UK limited company is often the right commercial decision. Sometimes it is the right tax decision. And for overseas companies seeking to invest in the UK, it is usually the best way forward.
I can quickly form a tailor-made UK limited company. This is usually better than buying off the shelf which can prove expensive overall owing to the need to customise afterwards.
I can make all the necessary Companies House filings associated with changes in directors, issue of new shares, change of company name etc. I can also file your Companies House annual return. In addition, I can prepare the documentation for more complex transactions such as purchase by a company of its own shares.
Outsourced UK payroll
I provide an outsourced UK payroll service that takes care of all the bureaucracy and paperwork involved in paying staff, even in the case of a small company with a single employee. My service is completely paperless, with all documentation supplied by email and all HMRC returns filed online. It includes:
- Weekly or monthly payslips
- Month end payroll reports showing payroll taxes due
- Online filing of employee joiner and leaver notifications (P45 and P46 returns)
- Efiling all HMRC payroll reports including the annual benefit in kind P11D returns
All clients have to do is to pay employees their net pay, and pay monthly or quarterly PAYE to HMRC.
One additional service I provide to personal service companies is the calculation of the deemed salary under the so-called IR35 rules for inclusion in their payroll.
I submit VAT registration applications to HMRC, dealing with any queries that HMRC may have in the process. I advise clients on the various schemes available that may reduce the burden of VAT on their business. These include the annual accounting scheme, the flat rate scheme and group treatment.
If you are a smaller business, I offer a VAT preparation and filing service. I prepare your periodic VAT returns from your accounting records, and file them online.
Meet me for coffee and a no obligation chat
If you’re looking for a professional, pro-active sole practitioner with over 10 years of broad experience simply call me or contact us