WE OFFER A FULL PAYROLL SERVICE FOR YOUR COMPANY
Running a payroll for your company can take up valuable time and as it’s often only done once a month, there’s plenty of room for errors and mistakes which can then take more time to put right. Our specialist team handles payrolls all day, every day, so they’re experts at making sure the paperwork is correct first time, on time, every time. We are fully versed in the requirements for Real Time Information reporting to HMRC and will ensure you remain compliant.
Our comprehensive service includes:
- Customised Payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of weekly/monthly statutory forms to submit to HM Revenue & Customs under the new Real Time Information regime
- CIS returns
- Summaries and analyses of staff costs
- Administration of incentive schemes, bonuses, and ex-gratia and termination payments
- Administration of pension schemes and pension auto-enrolment
- We specialise in the Hospitality Industry as it can be very confusing with tipping practice
back in the spotlight. Click here for more info.
The payroll service gives you peace of mind – no matter how big or small, we can look after it for you.
In the face of constantly evolving tax legislation, we can help to ensure that you are paying the right amount of tax, while also taking advantage of the tax schemes and allowances that are available to your business.
We offer peace of mind that you are complying with your tax liabilities, while freeing up valuable time for you to devote to other things.
Some of the areas where we can help your business include:
- Deciding on a tax-efficient structure
- Making the most of allowances and reliefs
- Reducing tax on disposals
- Maximising tax relief on acquisitions
- Liaising with the authorities on your behalf
- Assisting with compliance requirements, including corporation tax self assessment
Affinity Associates can help you with:
- Personal Tax Advice
- Corporate Tax Advice
- Capital Gains Tax Advice
- VAT Returns
- Tax Returns
- Inheritance Tax Planning
- Film Tax Rebate
BOOKKEEPING?! SORTED
Keeping and updating accurate records is vital: our clients know this, but many don’t like or enjoy this aspect of running a business and often struggle to find the time to do it.
With this in mind, we provide a fast, friendly and very reliable bookkeeping service. With all your financial information recorded and managed in one place, we can update all your business quickly and efficiently
Our flexible, cost effective bookkeeping service includes:
- Weekly, Monthly or quarterly bookkeeping
- Financial reports give you a guide to your profitability
- Providing cash flow and financial projections
- Providing weekly/monthly/quarterly/annual management report.
The bookkeeping service gives you peace of mind – all your records are up-to-date – allowing you to focus on your business.
If your company’s turnover exceeds the current VAT threshold, you will need to register for VAT and submit a VAT return to HMRC. We can take care of every aspect of your VAT return, freeing you up to focus on running your business.
We’ll review your bookkeeping, complete your VAT return and ensure that your claiming back any VAT you’ve incurred through your business operations – saving you time, money, and hassle.
If you haven’t hit the VAT threshold, it might be beneficial to register voluntarily. Our skilled and experienced team will review your current position and identify the best course of action.
All VAT-registered businesses with a taxable turnover above the VAT threshold (except those that are exempt) are required to use the Making Tax Digital service to keep records digitally and use software to submit their VAT returns from 1 April 2019.
Going forward and from 2020, MTD will mean all businesses whether conducted by individuals, companies or partnerships will have to start using software or API enabled spreadsheets to report their business financial performance to HMRC on a quarterly basis.
With significant experience in accounting software and systems as well as expertise in accounting and reporting, we are well placed to get clients up and running in MTD with minimal fuss or bother.
Company’s statutory obligations?! Let us handle this.
At Affinity, we can ensure that you meet all of your statutory obligations, by dealing with your company secretarial needs on your behalf.
- Get the best advice on whether to incorporate your business
- Navigate through the process of incorporating your business
- Prepare and file necessary documents, like annual accounts and a confirmation statement every year
- Restructure your incorporated company so you can enjoy maximum tax benefits
- Ensure you draw your income in the most tax efficient way and pay the minimum Income Tax or Corporate Tax
We can help with all aspects of starting a new business, including:
- Deciding on the most suitable structure for your business – sole trader, partnership, or limited company
- Preparing a business plan, cashflow projections, budgets, and trading forecasts
- Assessing your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
- Establishing a good working relationship with your bank
- Completing any registration procedures with Companies House and HM Revenue and Customs
- Dealing with company secretarial issues
- Setting up a recording system for your internal use and for complying with statutory requirements
Our Company Secretarial services include:
- Company searches
- Company formation
- Preparation and filing of statutory returns
- Preparation of minutes and resolutions
- Maintenance of statutory registers
We can support you in building an effective and efficient finance function with range of accounting, reporting and analytics services.
Our team support you in determining, monitoring and disclosing financial and nonfinancial insights for you or your stakeholders.
We address director’s agenda and provides services with insight to support compliance with evolving financial requirements and
help provide transparency and trust in reporting to support better decision-making.
Our services cover a wide range of accounting and reporting services that can make your business meet changing market conditions,
demands for greater transparency and changing regulatory requirements.
We aim to do this by providing innovative support while addressing reporting challenges that stem from the changing economic
and regulatory environment.
We help our client to complete their self-assessment tax return.
- We provide Value for money by working online and only dealing with individuals, we’re able to tailor our service and cut out
those parts that you simply do not need. This ensures you receive the very best value for money and your self-assessment
tax return is taken care.
- As part of our tax return service, we offer streamlined and pain free service as much as possible.
- As part of our service we will be there for you from the first phone call up until everything is submitted to HMRC.
You can contact us via email or phone.
