Accounting Compliance

Online Accounting: Keeping You Compliant

In today’s world, whatever your industry or trade, it is important to keep up-to-date with advancements that can help make your life easier, whilst remaining compliant with the taxman.

Online accountancy has taken huge steps in development in previous years. Intuitive software packages not only save business owners hours of time in data entry, they also provide real-time information, in the form of useful reports. This means you can make more educated decisions about your tax and finances throughout the year.

The risk of human error is also reduced and there is less duplication, meaning a much more streamlined way to operate regarding your business accounts.

Limited Company Accounts

Many of our clients trade using a limited company. Depending on various factors, this can be a more tax efficient way to trade.

Being a director and shareholder of a limited company does have responsibilities though, and it is essential for you to remain compliant.

This includes being timely with the filing of your limited company accounts with Companies House, and your limited company tax with HMRC.

At AJN Accountants we help prepare the limited company accounts at the end of the financial year, meaning that you can lean on our knowledge and experience to finalise the paperwork on your behalf.

Feel reassured that you remain compliant regarding your limited company accounts
Leave the paperwork to us
Let us worry about the deadlines for you, and remind you when action is required

Sole Trader Accounts

As specialist small business accountants, many of our clients start off their business life trading as a sole trader, or in a partnership.

Sole traders and partners are classified as self-employed.

Small business owners from all industries, as well as freelancers and locums can find it simpler and more convenient in the early years to be self-employed.

Starting your own business can be daunting though, as there are many new requirements from you regarding your tax.

Being a self–employed can affect wider things too, like your mortgage, for example. So everything financial needs a careful eye once you start working on your own.

It’s also particularly important to keep a close check on profit levels, for the opportunity to save tax by trading through a limited company.

At AJN we help prepare the sole trader, or partnership, accounts at the end of the financial year, meaning that you can lean on our knowledge and experience to finalise the paperwork on your behalf.

Feel reassured that you remain compliant regarding your sole trader, or partnership accounts
Leave the paperwork to us
Let us worry about the deadlines for you, and remind you when action is required
Careful consideration for the timing of transferring to a limited company to save tax.