Taking the Stress Out of Accounting, Bookkeeping, Payroll and Tax
Count on Lesstax 4 U to handle all your taxes and other accountancy services and make time to concentrate on other aspects of your business. Serving small and medium-sized businesses in London, our range of tax services will save you time and money, as well as saving you from worrying about doing it yourself.
To comply with the Companies Act and meet specific deadlines, we have developed a company secretarial service to free up your valuable time as time is precious.
Payroll & RTI Submission
Landlord rental income statement
Personal Tax Return & Registration
Service charge accounts
A Construction Industry Scheme (CIS) is a scheme whereby contractors will deduct money from subcontractors’ payments and pass it on to HMRC, in order to contribute to the subcontractor’s tax and National Insurance payments. As accountants, we work with you to ensure as a contractor you are able to reduce the risk of higher payments made at the end of the tax year. We will also work with subcontractors to ensure this money is being paid and keep everything up to date.
As a landlord, you are required to file your self-assessment tax returns in the correct way. This includes income tax, national insurance, stamp duty, and land tax payments, as well as capital gains tax, if applicable. As a company, we work through your accounts with you and ensure you are paying the right amount of money and filing your taxes correctly, in order to save you any hassle in reaching the deadlines.
By monitoring your accounts, we will be able to determine that you have not overpaid on your tax. If we discover that a refund is required, we will go through the right channels and file all the forms for you to receive any money that is due to your company or you.
Our accountants can do a great job preparing your limited company, sole trader or partnership accounts for the year end. However, getting the books together at year-end isn’t the end of the story. Using them to make informed business and personal decisions is the most important bit.
With our help you’ll be able to:
• See from your company accounts exactly how profitable and stable your business is.
• Make good, solid plans for the year
• Decide how to finance things.
• Use the information for making the right business decisions.
Lesstax 4 U are Chartered Certified Accountants specialising in helping small-to medium sized businesses, contractors, landlords, and sole traders.
To save you the hassle of ensuring that your returns are logged, we will calculate how much VAT you need to pay for your company based on your total sales and purchases.
Furthermore, we will find out if you are due a VAT refund. As well as sending this information to HMRC on your behalf, we will compile a report for you.
VAT registration and compliance support
VAT health check to ensure we identify any issues before HMRC
Dealing with HMRC investigation, disputes and appeals
As one of the most vital parts of running a company, payroll and PAYE registration will be carried out by our accountants. It is important for employees that they are registered with the HMRC, which is why we offer to carry out this task for you.
It’s vital to ensure that your employees are paid correctly and on time, as well as checking that they are paying the correct amount of tax and national insurance and meeting HMRC deadline for the payroll reporting under RTI . To this end, we will administer your payroll using HMRC authorised software and ensure that full client support through the complexicities including auto-enrolment.
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