£149 pm (Excl. VAT) ANNUAL ACCOUNTS If you are a small business you may qualify to file abbreviated accounts, this can save you time and money. We can prepare your year-end accounts and CT600 tax returns. Our accountancy services also include preparation of accounts for sole traders, partnerships and LLPS. CORPORATION TAX Your limited company must pay Corporation Tax on its taxable profits. Corporation Tax also applies to most unincorporated associations (eg. clubs and co-operatives), and foreign companies with a UK branch or office. Your company must keep records for Corporation Tax. This needs to be submitted 12 months after the year end to HMRC, and confirms the corporation tax calculation. Payment is due before submission, which is 9 months and 1 day after year end. We will also assist you on tax relief matters. PAYROLL As an employer, you normally have to operate PAYE as part of your payroll. PAYE is HM Revenue and Customs’ (HMRC) system to collect Income Tax and National Insurance from employment. PERSONAL TAX RETURNS Income Tax is a tax you pay on your income e.g. employment, dividend, benefits you get from the job etc. Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return. VAT RETURNS VAT-registered businesses must charge VAT on their goods or services, and may reclaim any VAT they’ve paid on business-related goods or services. You must account for VAT on the full value of what you sell, even if you receive goods or services instead of money (eg if you take something in part-exchange) or haven’t charged any VAT to the customer – whatever price you charge is treated as including VAT. ANNUAL RETURNS Many clients get confused when they receive annual return reminders, and think this is their accounts submission. The Companies House Annual Return is an online form confirming company details, i.e. current directors, shareholders, registered address etc. It usually should be fairly straightforward and you will need to pay a filing charge each year to Companies House. IR35 REVIEW IR35 is anti-avoidance legislation designed to tackle tax and NICs avoidance through the use of intermediaries. IR35 seeks to ensure that people who provide their services through their own limited company to disguise what would otherwise be an employment relationship, pay broadly the same amount of tax and NICs as other employees. BOOK KEEPING Not enough time to keep your books up to date? With our bookkeeping services you can ensure accurate professional reporting of your business. We can prepare the following for you Cash Book Bank reconciliation: Sales Ledger, Purchase Ledger, Nominal Ledger, Fixed Assets Register, VAT Returns. Whether you require monthly, quarterly or annual management accounts, we can provide fast, accurate reporting.

£199 (Excl. VAT) – all basic package services plus REGULAR TAX UPDATES EMAILS We can provide you with expert tax advice and assess how tax efficient your business structure is – relieving you of any administrative burden of complying with tax legislation. We will send you regular emails so you know what you and what is yours to spend. We will discuss with you whether you want weekly or monthly updates. UNLIMITED TIME WITH US AND BUSINESS ADVISE: UPDATES EMAILS You can ring us, email us or meet us as often as you like and we will spend as much time as you need with you. ANNUAL MEETING We like to schedule a meeting at least once a year with the sole purpose to discuss your future financial goals and help you achieve them. This is on top of any communications and meeting during the course of the year.

Accountants for IT Contractors

Becoming a contractor isn’t as easy. From understanding your IR35 status to the decision about whether to operate as a limited company or an umbrella. Here at BBL Accounting we’ve helped many contractors get started and make smooth sailing of their taxes.

Dedicated Account Manager

Always at your disposal

Filed on time, everytime

Never miss a deadline again

Secure Cloud Based Solutions

For every cloud based conversion we make we plant a tree

who we work with

BASIC PACKAGE

PREMIUM PACKAGE

BASIC PACKAGE

PREMIUM PACKAGE

who we work with

BASIC PACKAGE

£149 pm (Excl. VAT)

CORPORATION TAX

Your limited company must pay Corporation Tax on its taxable profits. Corporation Tax also applies to most unincorporated associations (eg. clubs and co-operatives), and foreign companies with a UK branch or office. Your company must keep records for Corporation Tax. This needs to be submitted 12 months after the year end to HMRC, and confirms the corporation tax calculation. Payment is due before submission, which is 9 months and 1 day after year end. We will also assist you on tax relief matters.

PREMIUM PACKAGE

£199 (Excl. VAT) – all basic package services plus

Accountants who work as hard as you do

Plans tailored to you

We ensure your plan is built around you and your needs. Every decision you make will be one that strives for growth therefore we will help you to understand how to use Xero to help you make smarter decisions for your business.

Meet your accounts manager

At BBL Accounting we’re a family and family is with you through thick and thin. Your personal account manager will be with you whether your just starting up or switching accountants and will ensure you and your business are looked after.

Reduce stress

Off load your accounting stresses to us. Your accounts manager is there to ensure you spend less time on accounting and more time on growing your business.