Welcome to TAXWISE ACCOUNTANCY, accountants in Bradford, providing a personalised service to local business owners and individuals. For help with any of your accountancy and tax needs, please give us a call. All initial consultations are free of charge.
Accountancy or accounting is the process by which financial information about a business is recorded and summarised which can then be interpreted and communicated to whomever requires the information, usually your bank manager or HM Revenue and Customs for VAT and tax purposes.
Bookkeeping, annual accounts, management accounts, tax returns, payroll and VAT returns are just a few aspects of accountancy and can seem confusing and overwhelming at first but Taxwise Accountancy are specialists in dealing with small businesses and can help you immediately.
The tax year ending 5 April 2017 is open, any individuals/businesses effected by this need to act fast to stay on top of their tax affairs, failure to complete tax returns by 31 January 2018 will result in penalties and fines.
1) Business owners or individuals required to complete self assesments.
Business owners
2) Businesses that pay wages to employees/staff.
Business owners, Individuals
that pay wages to staff through the PAYE scheme are required to complete an end of year P35, P38 for submission to HMRC online. They also have to submit all employee earnings data online to HMRC. Finally they have to produce & print end of year P60's for each employee and give it to the employees.
PLEASE CONTACT US IF YOU NEED ANY HELP COMPLETING THE END OF YEAR PROCEDURES FOR EMPLOYERS.
if you need any further help or information, our accounts team is dedicated to providing the best solution for your business.
LATEST BUSINESS NEWS
