Our Services

Our Service to You

Discover more about our extensive range of professional services. We constantly update this page, but if you still can’t find what you’re looking for, please feel free to get in touch with us – we will be more than happy to help.

Our Services

Bookkeeping & Accountancy

We believe that you as an entrepreneur need more time/energy to focus on running & growing your business and need some professional assistance to handle all your accounting & taxation matters. We provide full comprehensive bookkeeping and accounting services to meet your business needs at very nominal price.
We visit our clients on regular basis to understand their business in more detail and generally collect all their documents to process them at our office.
 
* Free initial consultation
*  Dedicated qualified accountant
*  Work from your office or ours
*  Accurate and reliable bookkeeping
*  Competitive fees (Prefer a monthly fee)
*  Also offers: Credit control/Debt      Management services
*  Specializations: SME’s Accounting, Taxation & Payroll Comprehensive services

Payroll

Organising the payroll can be a tricky task for a company, whatever its size. It is important to both you and your employees that it is processed correctly, but making sure you are compliant with all the relevant legislation and new tax requirements has now require businesses to submit their payroll returns in Real Time (Under RTI System).
 
We will administer your payroll service for you, so you can focus on other priorities. We can:
 
• Calculate your staff salary
• Prepare and submit your payroll returns under RTI
• Organise staff pay slips
• Calculating the correct amount of NI Contributions (Employer & Employees) and PAYE and notifying you the same in timely manner to avoid any missed payment
• Calculating and preparing statutory pay including maternity pay and sick pay
• Administer new work pension scheme

VAT & Management Accounts

VAT
VAT (value added tax) is charged on most goods and services provided by VAT registered businesses in the UK and most business are required to get registered for VAT (conditions apply). As with any tax system, the details are complex, and there are penalties for noncompliance. Our aim is to make things as straightforward as possible. We can help you with all aspects of VAT management, including:
 
• VAT Registration
• Preparation & Submission of Quarterly/Monthly VAT Returns
• Unlimited Professional advice on all VAT matters
• Dealing with HMRC in case of any query
• Representing the business in case of a VAT Audit by the Inland Revenue

Management Accounts
The preparation of management accounts are necessary to assist in making business decisions and will be requested by your accountants, auditors, bankers, Inland Revenue and other third parties. We can prepare management reports on a monthly or quarterly basis. These reports are prepared in accordance with your policies and requirements. Our management reports include:
 
• Profit and loss statements
• Balance sheets
• Annual budget and forecasts
• Variance reports
• Accruals & prepayment schedules
• Intercompany charges & reconciliations (if appropriate)

Specialise in :

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Taxation

We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way


Corporation Tax

It is the legal responsibility of the company director to correctly calculate the corporation tax liability and pay the same on time and also file the yearly Corporation tax return on time.
 
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration.
 
We ensure that you get timely reminder and after getting your timely instructions we work on your corporation tax returns and prepare your final accounts and calculate the corporation tax liability to be paid. After getting your approval we submit the same to tax authorities.
 
We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.

Personal Tax

We offer a comprehensive portfolio of personal tax services designed to help you stay fully compliant while minimising your tax bill.
Our services include:
 
ü Completion and submission of your Self-Assessment Tax Return
ü Tax efficiency reviews
ü Capital Gains Tax planning
ü Taxation for non-UK domiciled and expatriate individuals

Construction Industry Scheme (CIS)

  
The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.
 
We offer a range of bookkeeping and accounting services for CIS Contractors & Subcontractors that can be tailored to your specific needs.

Contractors
If you work in the building trade, you probably already know about the construction industry scheme, better known as CIS. As a registered contractor you are liable to deduct tax at source from the payment made to your subcontractor, file periodical returns (CIS Return) to HMRC and pay the taxes to HMRC.
 
We can help you in all below:
 
• Preparation of CIS deduction schedule
• Preparation and submission of CIS Returns to HMRC
• Verification of new subcontractor on your behalf
• Updating you about your tax due dates.






Sub- Contractors
If you are newly self-employed on the CIS scheme we’ll clearly explain everything you need to know and help with everything you need to comply with.
When a contractor pays a subcontractor (you), the contractor withholds a percentage (usually 20%) of any subcontractor labour costs (Net). The contractor is required to pay this withheld balance over to HMRC on a monthly basis.

As the subcontractor you can reclaim the 20% withheld by the contractor. You can then reclaim the amount from HMRC at the end of the tax year. In practice, the reclaimed amount is knocked off any tax owed by you as the subcontractor to HMRC.

The scheme is effectively a way for HMRC to use contractors to tax subcontractors up front.
 
Benefits of our services for contractors;
✔ Support with compliance and legislative challenges
✔ Complete tax returns on time
✔ Deal with tax refunds due
✔ Chase refunds to ensure these are paid efficiently
✔ Administrate support
✔ Help you avoid costly penalties by staying on top of your paperwork

 Credit Control

Now is a great time to start a business and couldn’t be easier!
 
As a new start up business we want to give you the best possible chance of success in growing your business and making a profit.
 
How we can help;
• Advice on the best business structure
• Registering the Limited liability company (Including preparation of all Statutory Registers, Issue of Share Capital, filling Annual Returns etc)
• Arranging to pay Class 2 National Insurance Contributions
• Budgeting for your tax and Class 4 National Insurance Contributions
• Advice on the thresholds for tax and National Insurance
• A bookkeeping service including cash flow, financing, legislation, paperwork management, bank reconciliation, producing invoices to name but a few!
• VAT advice and registration as required
• Tax returns
 
It’s an unwelcome fact that a high proportion of businesses fail as a result of poor financial management. We at PRO Accounting Services believe in by helping businesses with their accounts so they can concentrate on selling or working for customers.


Invoice Chasing/Debt Recovery (Credit Control)


Control of cash flow is a vital part of a successful business. Here at PRO Accounting Services we offer the service of invoice chasing. When you are a small business or sole trader you will probably find it hard enough to fit in your day everything that needs to be done let alone the distraction of chasing outstanding invoices.
 
We can chase your outstanding invoices for you in a professional and open manner!
 
By chasing outstanding invoices on your behalf we effectively become part of your credit control department freeing up your time to allow you to concentrate on running your business. Simply by supplying us a list of contacts and the outstanding invoice details we will;
 
• Call your client and create a log of the status
• Let them know they have now exceeded the payment terms of the invoice
• Send them a letter stating we are dealing with the debt on your behalf
• Chase as required by telephone/email/letter as required, logging the details each time.

• We can take payment by credit or debit card on your behalf and pass on to you by bank transfer or cheque.
• We offer a Letters Before Action service – formal warnings to a debtor informing them that you intend to take legal action.



Letting us chase your overdue invoices makes good business sense allowing you to take control and keep a firm grip on your credit control. Our fee for this service is on a percentage basis so cost effective and at no risk or up front charges.

Our Philosophy

Quality

Everything we do centers on providing services of the highest level of quality. We won’t stop until you’re 100% satisfied – that’s a guarantee.

Efficiency

We pride ourselves on our efficient procedures and solutions, but we continually strive for improvement in order to deliver results more effectively.

Fair Prices

Satisfying customers is our top priority. That’s why we believe in offering fair and transparent prices with no hidden fees or extra charges.
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