Amber bookkeeping

Bookkeeping

For smaller businesses (including start-ups), maintaining a record of financial transactions can often be a chore or even neglected. Managing the business and looking after customers is the priority - understandably. However, records must be kept for several reasons.
 

  • Most importantly, you need to be able to assess if you are trading profitably or according to expectations.
     
  • You will need to submit a return of income to HM Revenue & Customs annually and to do this, you need an accurate record of all business income and expenditure.
     
  • If your turnover is high enough, then you will need to maintain VAT records to support VAT returns, prepared on a monthly, quarterly or annual basis. 
     

Our bookkeeping service is tailored to your business needs, ranging from a simple record of income and expenses to maintaining full purchase and sales ledgers and credit control functions.

Having accurate and up to date records will help you manage your business more effectively and give you access to readily available, relevant and reliable financial information.

Ask yourself - can your records and systems stand up to scrutiny from HM Revenue & Customs? Would you benefit from a review before the tax man knocks? Is outsourcing the solution? If so, please contact us at info@amberaccounting.co.uk to discuss how Amber Accounting can assist you.

 

VAT Returns

VAT compliance is becoming more involving and an area subject to greater scrutiny by HM Revenue & Customs. It is important that returns are completed prompty and accurately, especially now that significant penalties and interest can be applied where errors are made.

We can produce your VAT returns in time for the required filing deadlines by preparing your records, or alternatively, from records which you maintain yourself.

We can also assist with:-

  • VAT registration
  • Online submissions
  • Advising on VAT schemes available to your business
  • International VAT
  • VAT planning
  • Assistance with VAT inspections

Ask yourself - do you miss your filing deadlines and incur penalties and interest? Do you feel you haven't the time to deal with the completion of VAT returns? Does online submission cause you problems? If so, please contact us at info@amberaccounting.co.uk to discuss how Amber Accounting can assist you.