Our Services

Accounting Service

As we know, accounting stresses out business owners, and their staff in maintaining record keeping and meeting the deadline. We have taken extra effort to reduce this stress on our clients, and their staff and let them to focus on their profit-making mission.

We will help you keep on top of your monthly bookkeeping so you can focus on what you do best – running your business; while we do what we do best – accounting

We can offer bookkeeping subscriptions to Capium software packages and give you all the support you will need to manage your own bookkeeping through these packages.

We are official Capium accredited partners and we get you setup and configured with these software packages, as well as offer training for you and your staff.

Taxation Advice

All businesses and self employed individuals must complete tax returns in various forms which can often be time consuming and problematic. We take the stress out of the process, and make it as straight forward as possible. we offer the following services:

  • Personal tax returns
  • Partnership tax returns
  • Buy to let Tax returns
  • Charity tax returns
  • Company Tax returns

Payroll

We can prepare your regular payroll, deal with HMRC and pension filing requirements on your behalf. We use e-payslips, which are easy to send, secure and benefits the environment (although paper payslips can be used, if required).

  • Payroll Setup
  • Expenses and Benefits
  • Payroll Year End Processing
  • Payroll Year End Processing
  • Real Time Payroll Reporting
  • Employer De-registration Services

Company formation

If you are unsure what to do, we can look at the options available, showing you comparisons for your business with different business structures, potential tax savings as well as discussing any additional reporting requirements. We can help you with your responsibilities as a director and how your accounts and reporting requirements will differ. We hope you’ll find, with our help and guidance, that this is not a daunting nor expensive experience.

  • Company Tax Returns
  • Company Setup
  • Annual Confirmation Statement
  • Dividend Support
  • Company Voluntary
  • Winding-up Registered Office Services

Management Accounts

Small business owners are often too busy with their business ignoring an important part of their business. They need to be aware of how much of their cost of production or services, how much overhead cost for the period and for each of product or services. They often need finance for their business expansion or looking for investing their hard earned money.

At NY accountants, we can prepare excellent management accounting representing all the key management information.

  • Real time profit or loss position
  • Profit margin
  • Ongoing review of costs
  • Analysis of income streams, Up to date information for investors and/or shareholders

Valued Added taxation service

We deal with VAT registration; monthly, quarterly and annual preparation and submission of VAT returns. We also advise clients as to which schemes are best for them, which can help reduce the VAT liability and also assist with cash flow

  • VAT Registrations
  • Quarterly VAT Returns
  • VAT De-registration