Services

If you are individual, freelancer, Self Employed, small business either Sole Trader, Partnership or Ltd company and looking for recurring or one time Bookkeeping and Accounting services, then you have come to the right place. We've adopted a new way of doing business by delivering unparalleled customer service and providing business and personal advice in the areas of Accounting, Bookkeeping, Payroll and Taxation that simply makes sense.

In Particular we can help with the following:

Accounting: Our Accounting services are meticulously and diligently delivered on time. We take the hassle out of personal or commercial finances with accountancy services that can be relied upon, regardless of whether you're individual, freelancer, Self Employed, Sole Trader, Partnership or Ltd company.

Bookkeeping: Keeping up to date with the recordings of your business transactions can sometimes seem incredibly daunting with potential errors whiles you may be faced with more questions raised than answered. For professional Bookkeeping that provides for the transparent answers to questions such as how much profit have been made, how much VAT is owed or to reclaim and who it is that owes you money, our service can be relied upon. We can also help with harness insightful management reports that drives your business decision making in the present and for the future.

Taxation: We make convoluted and confusing tax issues clear with straight forward language that is jargon free as it is focused upon your personal or commercial goals by ensuring that compliance is ongoing with regards to Self-Assessments, Corporation Tax and Value Added Tax (VAT). Client have the option to submit their own Tax and VAT returns once we have prepared them or can employ our services to do so on their behalf.

Payroll: Undertaking Payroll is taking up the invaluable time of your staff who should be focused upon the tasks that drives your business forward and not just operational, by outsourcing your payroll services to us we will ensure that the right people are paid at the right time, PaySlips are produced within time limits and professional manner with comprehensive reporting that helps you to save money and utilise your resources efficiently. Our Payroll package will ensure that your business is compliant with HMRC legislation in terms of sending over to HMRC your RTI reporting (Real Time Information) by submitting your FPS (Full Payment Submissions) or EPS (Employer Payment Summary)

VAT

If you supply goods and services that are not VAT (Value Added Tax) exempt and are expected to exceed the current threshold value of £90,000 then you must register with the HMRC in order to account for VAT that allows your business to calculate VAT amounts owed, to pay VAT on your supplies, to reclaim VAT on your purchases and finally to submit monthly, quarterly or yearly reports to HMRC. At Expertz Solutions we can help you with all of that and more ensuring we take the burden off your shoulders so that you can focus on what you do best.

Self Assessments

Self Assessments is a tool HMRC uses to collect income tax. You will need to send a tax return to HMRC if you were in the last year, a company director, self employed or had any income or earnings classified as complex. By employing our services to prepare your tax return, not only will they be computed and completed within time limit but also can give you insight into the areas where majority of your tax activities are concentrated and to serve as a planning tool for your future goals.

Corporation Tax

You will need to register with HMRC in order to file a self assessment tax return and pay corporation tax if you are a limited company, a foreign company with UK branch or office, a club, co operative or other unincorporated association.

Capital Gain Tax

If you have sold off or disposed any assets within the last year and the value of the assets have increased in value resulting in a gain or profits then it is most likely that you will need to pay tax on your gains.

Limited Companies : Year End & Final Accounts

We apply forward-thinking ideas and solutions to the most challenging Accounting issues you face and approach each case with passion and commitment. From the first steps of the consultation process and right through to submission of the Year End Statutory Accounts to Companies House (CA). we’ll handle everything you need to be in your best shape at meeting statutory deadlines. We know how daunting keeping up with your company's account preparation can be. From managing the recordings of daily, weekly and monthly transactions through to the final stages of completing the year end accounts. At Expertz Solutions Accountants and Bookkeepers, your business interests are our priority.Whether you are embarking on a new business venture and seeking advice on which business structure best fit your business plan or looking for help and advice running the already established business, our expert advice and competent team will take the pressure and burden of your shoulders so that you are able to focus more on building and moving your business forward. Ranging from statutory accounts preparation for micro-entities, small medium enterprises (SME) regime including Partnerships, dormant accounts, company tax return calculation, company annual returns, we are positive that our services will add value to your business. **Please refer to the Companies House criteria using the link on our knowledge base that any firm is required to have met for Audit exemptions, otherwise you will be required to hire the services of an Auditor to prepare and file your Financial Statements**

Sole Trader/Self Employed/FreeLancers &  Individuals Final Accounts Production

We will prepare your Financial statements as per your request, instructions and authority either on accruals basis or cash accounting basis. you may choose to provide your business records on monthly, quarterly or yearly basis but should make available all business records at least three months after your year end and not exceeding three months before the deadline to submission of your final accounts.This will ensure that we are able to work to tight deadlines while your business information and accounts are calculated and computed with accuracy, in a professional, efficient and effective manner. We will prepare for your business the statement of comprehensive income and statement of financial position and other management accounting information as per your request whiles using these statements to give you insight into your business affairs helping you to take crucial action for future success of your business. Once your final accounts have been prepared, we will then be able to prepare and work out your income tax obligation then prepare your self assessment tax return ready for submission with His Majesty's Revenue and Customs (HMRC).

Partnerships, Micro & Small LLPs Final Accounts Production

Having a business partner has numerous advantages and we understand that each partner would like their accounting records to be transparent enabling each partner to feel treated equally based on their investment rights and obligations including having the appropriate returns on share capital in terms of entitlement to profits on investment. Preparing your business final accounts including the Partnership Appropriation Accounts will ensure that the above goals are met as it provides each individual partner with vital information to the workings of their slice of the profits share. Once we have prepared your Partnerships accounts, the eligible partner is able to file a partnership tax return and also this will help each partner to work out their income tax Liability and obligations in order to file their yearly self assessments with His Majesty's Revenue and Customs (HMRC). **Please refer to the Companies House criteria using the link on our knowledge base that any firm is required to have met for Audit exemptions, if you do not meet the criteria or are part of any regulated schemes such as Authorised Contractual Schemes e.t.c then you may be required to hire the services of an Auditor to prepare and file your Financial Statements**

PAYE

As an employer, you must operate Pay As you Earn as part of your payroll which is a system for His Majesty's Revenue and Customs (HMRC) to collect income tax and national insurance (NI) from employment. You won't need to be registered if none of your employees are paid £118 or more a week, are getting any benefits and expenses or have another job or are getting pension but you must keep proper payroll records. At Expertz Solutions we can help you meet requirements under the HMRC regime if you are required to operate a PAYE scheme by running payroll ensuring that pay slips are produced at an appropriate intervals and time using the Full Payment Submissions (FPS) and the Employer Payment Summary (EPS). The benefits of this includes information being produced and submitted to HMRC on time taking away the stress and burden of your shoulders.

Construction Industry Scheme (CIS)

If your work involve any construction work, pay sub-contractors or spend more than £1,000,000 a year on any construction work then you must register as a contractor under the construction industry scheme before taking on or paying any sub contractors, you can also register under the scheme if you are a sub-contractor but your contractor will deduct a higher percentage of with hold tax paid to HMRC on your behalf if you do not register under the scheme. However at Expertz Solutions we can help you as a sub-contractor to run your yearly self assessments return whether you are self employed or limited company and if you are registered as a subcontractor or not in order to access any overpaid tax reclaim available to you.

Charities

Certain charities are ''Exempt or Excepted'' which means that they wouldn't have to register with the charity commission to be recognised as Charitable Incorporated Organisation if they are supervised by or accountable to another body or authority or simply because their annual income is £100,000 or less or £5,000 or less. These charities still need to run their charities by keeping proper accounting records and are expected to follow best practice including the statement of recommended practice and can choose to register with His Majesty's Revenue and Customs (HMRC) in order to be recognised for tax purposes. The benefits to this is that they are able to claim back tax on certain activities during the course of performing their charitable purposes. As an ''Exempt or Excepted'' charity, you do not need to file accounts with the charity commission, have your accounts audited or independently examined through scrutiny and does not need to produce trustees annual report. At Expertz Solutions, we are able to help you prepare your charity's accounts using the Recepts and payments method for non company charities with annual gross income less than £250,000