At 3M Accountants, we provide a wide range of compliance services to support all aspects of business administration.
We work with software approved by the HMRC and Companies House and in compliance with current regulations. Our systems are always up-to-date with the current Accounting and Tax updates, as well as the necessary amendments to provide our small business with the most accurate service. We ensure our clients about the quality of our work and explain to them where necessary, to make them understand the calculation and computations carried out by us.
Let us take over your accounting and taxation functions and allow you to focus on your day to day business, and other important aspects of the business generation with absolute peace of mind, making sure you are optimizing your potential financial benefits and compliant with all your requirements in time and accurately.
Our Compliances Services include the following:
Our team of accountants are always making sure all the accounting records are kept properly and accurately. We take care of the accounts, ensuring they are not only prepared in the right format, but also on time. If you give us the opportunity, we will keep your records up-to-date, making sure your books are compliant with HMRC and Companies House accounts requirements.
Your company’s annual accounts or ’statutory accounts’ are prepared from the company’s financial records at the end of your company’s financial year. An obligation of HMRC is that you must always send copies of the statutory accounts to:
- HM Revenue and Customs (HMRC) as part of your Company Tax Return
- Companies House (unless you send ’abbreviated’ accounts, for example, in case you are a small business).
The type of account you prepare depends on the size of your company which is based on the turnover, value on your balance sheet and also the number of your employees.
Prepare the year end accounts or statutory accounts in compliance with your obligations, requiring time and professional knowledge to ensure everything is done according to the Regulatory Authority, as well as to make sure you will take advantage of all the financial amendments in your best interest. We, at 3M Accountants, make sure the accounts are prepared not only in the right format, but also on time.
As a small business owner, you might feel stressed to maintain all bookkeeping and accounting by yourself. At 3M Accountants, we take away your stress through maintaining your accounts, updating and organizing them to the highest standards. We will make the calculation and computations required and always ensure you sound services, meeting all your regulatory requirements in time and accurately.
3M Accountants work with Tax Returns whether you are an individual, self-employed or a company. Our strong team of accountants will keep your obligations updated, and will help you save tax legally, through making sure that you are taking advantage of all of your potential benefits and emending certain things for your own interest.
Self-Assessment Tax Returns
Self Assessment is a system of HM Revenue and Customs (HMRC) that is used to collect Income Tax. Tax is most commonly deducted automatically from wages, pensions and savings. People and businesses (including self-employed) with other income, must report this deduction in the form of a tax return.
Self-Assessment can be time-consuming and difficult to understand for busy individuals as well as self employees. It can also be costly for those who are penalized by HMRC if deadlines are missed, incorrect returns are filed or appropriate records are not retained. However this can expense can be removed if you let us at 3M Accountants, deal with your business related needs.
Whether you simply need your annual tax returns completed efficiently, or you need complex specialist advice, we are here to help you. 3M Accountants will work with your tax returns giving you peace of mind and freeing up your valuable time by offering a comprehensive Individual Self-Assessment tax return service.
We calculate your tax returns, minimizing your tax bills legally, completing and filing it for you and always explaining your results to the clients before submitting. Furthermore, you will have access to expert knowledge whenever you need it as well as our tax planning advice.
Your limited company must pay Corporation Tax on its taxable profits. 3M Accountants through its specialized Small Business Accountants team in West Midlands will work on your company tax offering you quality work and the best results through taking advance of all your potential benefits, ensuring you pay the minimal tax possible.
You will have instant access to our Small Business Accountants team for expert advice whenever you need, as well as our corporate tax planning and tax services, of which a potential outcome could be that your tax costs are controlled and often minimized. We will work to ensure your small business have the most effective tax strategy and that you are compliant with regulatory demands
Please visit our quotation page and fill up the form, we will get back to you as soon as we can with a very reasonable price for your accounting needs. Or visit our contact us page for our contact details.