At Brightway Accountants, we provide a wide range of services in addition to accountancy and bookkeeping. We have a dedicated Human Resources Associate who can assist with all staffing-related issues. Brightway Accountants will help you and your business and make it thrive by supporting you at every turn.
To assist you, we will deal with tax returns, VAT, payroll and everything else that you need, enabling you to dedicate your precious time to your business and on its way to a brighter future!. Below is a list and brief description of services that we provide to help your business grow and prosper. Management accounting is useful for all sizes of business, enabling you to monitor business performance and make informed decisions.
To assist you, we will deal with tax returns, VAT, payroll and everything else that you need, enabling you to dedicate your precious time to your business and on its way to a brighter future!. Below is a list and brief description of services that we provide to help your business grow and prosper. Management accounting is useful for all sizes of business, enabling you to monitor business performance and make informed decisions.
Services
Brightway Accountants is an accountancy partnership based in Shirley, Croydon. We have over 10 years' experience dealing with individuals and companies from all walks of life. Our accountancy services are mainly geared towards small and medium sized businesses, although we offer consultancy services for larger firms.
If you employ staff, you need a payroll to deduct tax and national insurance contributions from your employees and calculate your employer contributions. Staff may also be entitled to sickness payments, statutory maternity and paternity pay and other statutory payments. You may also need to set up and contribute to a pension scheme for your staff.
All businesses are required to keep accounting records, detailing how much you buy and sell, staffing expenses, capital and debt. Keeping a correct and orderly record of your business transactions can be daunting or difficult, but it is a necessity. We provide a comprehensive bookkeeping and accounting service for all types of businesses, whether you use your own software or not.
Once your turnover reaches the VAT threshold, you must register for VAT. However, it may be advantageous to do so beforehand, depending upon the type of goods or services that you sell. We can help you register for VAT, look at the impact of VAT registration on your pricing and calculate the amount of VAT that you will need to charge.
If you are self-employed or in a partnership, you will need to register for self-assessment and pay income tax. If you have a company, the company must pay corporation tax on profits. If you are a landlord, you must complete a tax return detailing property income and costs. Certain employees also need to complete personal tax returns if they have savings or investments or buy and sell goods or services via the internet.
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