Not just an tax accountant, you can get business development & Personal financial advice too. It is a popular misconception to believe that Accountants are only needed by people who are in business.
In today's environment where Financial Legislation is subject to change on a regular basis, an Accountant can prove invaluable when planning a new business, running an existing business or helping members of the general public with investments or rental properties.There is sometimes a tendency when setting up a business not to contact an Accountant, but to wait until the first Tax Returns are due.
In today's environment where Financial Legislation is subject to change on a regular basis, an Accountant can prove invaluable when planning a new business, running an existing business or helping members of the general public with investments or rental properties.There is sometimes a tendency when setting up a business not to contact an Accountant, but to wait until the first Tax Returns are due.
Services
Self-Assessment is simply a system HM Revenue and Customs (HMRC) uses to collect Income Tax and some other taxes, such as Capital Gains Tax (CGT). There are however, more than a dozen other categories of individuals who must complete a SA tax return, for a full list download PDf. For those individuals whose tax liability does not exceed 1,000, you merely pay the sum owed by the January deadline and that is it until the following year.
As a new business you are bombarded with advice from all sides, often of mixed quality. Consequently, finding reliable advice is a real breath of fresh air. Most people who start up in business do so because they have the combination of a good business proposition and the enterprise and commitment to see it through.
At Morgan Jones & Co, we give you time to run your business. We can help both you and your staff by taking care of all the elements of your bookkeeping and accounting needs. Talk to our existing clients and they will tell you that they see us as an integral part of their business. First, we listen to your needs and gain a full understanding of your business.
However complex it may seem, we make payroll seem straightforward. Fast, efficient and cost effective, we work for businesses of all sizes: ranging from sole traders with only one or two employees, to larger companies with many staff and a substantial payroll function. Payroll intervals to suit your business (weekly, monthly, variable) including overtime and bonus/commission calculations.
PAYE, on the whole, is an effective system. However, it is prone to fraud and this makes it difficult for HMRC to identify errors or help either employers or employees to resolve problems quickly and efficiently, which is why RTI is being introduced. Real Time Information, or RTI, is a new system that HMRC is introducing to improve the operation of PAYE.
Reviews
Be the first to review Mj.
Write a Review
