We understand the importance of efficiency and accuracy, so we make sure that our bookkeeping processes are as streamlined as possible, while still providing the most useful output. We provide bookkeeping support on QuickBooks to assist with purchase invoice entry, bank feed reconciliation, entering non-invoiced sales and creating payment runs.
If your business has expanded and you need to employ more people, then it’s understandable to feel daunted by the duties required to run a payroll on top of everything else you need to do. Meeting your obligations as an employer to HM Revenue and Customs (HMRC) can be confusing and time-consuming. Furthermore, the increased responsibilities to your employees surrounding auto enrolment pension contributions can really add to the workload.
We can help you maintain your responsibilities as an employer, while freeing yourself of the day-to-day concerns that payroll can bring.
If you're just starting out, we can help you decide whether you need to be VAT registered from the outset or not. We will continue to monitor your situation, so that should it become obligatory for you to register for VAT, we can deal with all the necessary paperwork and business accounting requirements for you.
In contrast, we will also monitor your position for when we think you are able to and would benefit from deregistering.
Whether a new or existing business, we will also look at the VAT schemes you are eligible for and establish whether you would be better off adopting one or a mixture of them. Some VAT schemes can lead to tax savings and a reduction in bookkeeping responsibilities. Our business accounting experts will discuss the options and recommended action with you.
We can prepare your VAT return; either from your own bookkeeping records or we can take care of your record keeping and the VAT return on QuickBooks. And we will try to ensure that you claim as much VAT as possible, particularly on contentious items such as mixed-use expenditure and motor running costs.
Contact us to discuss how we can take away the hassle so you can do what you do best.
Hancock & Hastings Limited
4 Carlisle Close, Dunstable, Beds, LU6 3PH, United Kingdom
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