Below is a brief explanation of some of the accounting services that we offer here at DL Accounts Ltd. Click on the icons to go into more depth on each service and what the service includes, feel free to contact us about how we can help for any accounting service.
Services we offer
Accountants are normally required to provide documents evidencing earnings and tax year overviews from HMRC that support individuals in qualifying for Mortgages. If you use our recommended partner Mortgage Broker, Laura Rickard, we will do this for you free of charge.
Companies Secretarial Services
When changes occur within a Limited Company, Companies House must be notified. DL Accounts Ltd can take care of all the changes for you and ensure your company records are up to to date.
New Build VAT Reclaims
When you self-build a new house you are going to live in you can claim back VAT for some materials and expenses. It is recommended you speak to an accountant beforehand for what items you can claim back for and the logistics of it as there are some rules that apply. Find out how we can help you.
For many business owners, it can be a daunting prospect navigating your way through business change or challenges. Having a business coach to help guide you through the process of making important decisions can be invaluable when it comes to your business’s long-term success
Tax Protection Insurance
HMRC have unquestionably increased the number of investigations they are carrying out into individuals and businesses. Tax protection covers you for all additional accountancy fees incurred during a potential HMRC investigation and the processes involved.
Setting up a company can be a big decision, and can be complicated. Read more to find out how we can help you with the intricacies involved.
By law, every Limited company, including dormant and non-trading companies must file a Confirmation Statement at Companies House every year to confirm that the information Companies House hold about the company is correct and up to date.
Capital Gains Tax taxes profit you make when you sell an asset that’s increased in value. Only the gain is taxed, not the total money you receive. If your gains are above the tax free allowance then you must report it to HMRC.
All businesses, including Sole Traders, Partnerships, Limited Companies as well as Directors will need to submit an annual tax return to HMRC. Individuals with any untaxed income will also need to do a tax return such as those with lettings, those drawing from pensions and individuals receiving child benefits but are over the £50,000 income threshold.
Bookkeeping is a key part of running a business effectively and needs to be done accurately. in short, it is the practice of recording, tracking and upkeeping the financial transactions of a business. With this in mind, find out how we can help you today.
Management accounts are a type of financial report that provides invaluable real time insights and analysis on the financial performance of your business. This in turn can help you to make informed management decisions to plan for the future. This service is specifically for businesses looking for accelerated growth and maximising their potential.
Corporation Tax Returns
All Limited Companies must pay Corporation Tax on their business profits and on any gains from selling assets that have increased in value such as land, property or shares. A Limited Company must work this out and report it to HMRC in due time.
Payroll and Workplace Pensions
Employers have legal obligations for their employees. Its compulsory staff are paid National Living Wage and employees may be required to enrol in a workplace pension. You will also normally have to implement the PAYE scheme as part of Payroll to accommodate for Income Tax and National Insurance. In any case, we can help you comply with legislation.
VAT registered businesses must submit VAT Returns to HMRC. Additionally, they are now required to follow Making Tax Digital rules by using digital software for record keeping and submissions. VAT Returns report how much VAT you've paid out and charged to other businesses.
An accurate set of accounts are an essential business tool, because they give an overview of the financial position of the business. When you get these right you are enabled to budget confidently and grow your business effectively!
PL25 5LS 01726 216110
TR8 4GZ 01637 838300
If you have any questions, please don't hesitate to contact us. Either give us a call, drop us an email or pop in to the office and have a chat over a nice cup of coffee.