Bookkeeping
Preparing bookkeeping records can be a time consuming and onerous task for business owners. We can help with all your general bookkeeping requirements either at your offices or at ours. […]
What we offer
Capital Gains Tax
Capital gains tax applies to the disposal of an asset. An asset can be a property, land, stocks and shares, a painting and many other items. The tax is calculated […]
CIS
Historically, rightly or wrongly, the perception was and still is that the construction industry is rife with a micro cash black economy and the CIS scheme was designed to counter […]
Company Secretarial Support
If a business is carried out via a company or a limited liability partnership the Companies Act 2006 and the Limited Liability Partnership Act 2000 place obligations to maintain and […]
Cross Border
Individuals When individuals leave their normal country of birth to either work or permanently emmigrate elsewhere complex tax rules come into effect. It is necessary to look at the tax […]
Inheritance Tax
This tax applies to gifts made during an individual’s lifetime or on death. If a gift is made to another individual and the donor survives 7 years from the date […]
IR35
This is a term used for a complex piece of anti-avoidance legislation introduced in 1999 that applies when a freelance working individual uses an “intermediary” normally a limited company to […]
Management Information
Regular management information is a vital aspect of managing and controlling a business. We will endeavour to work closely with you to get to know your business so that we […]
Payroll
Employing staff results in a legal requirement to operate a PAYE/RTI scheme and auto-enrolment. We offer a payroll services using Sage and Xero software which involves a weekly or monthly […]
Personal Tax
Personal taxation has become increasingly complex over the last decade. The 45% rate band, the possible loss of the personal allowance and the complex pension tax relief provisions mean that […]
Receipt Bank
For our clients that use Xero book keeping software we have acquired a further piece of software called “Receipt Bank” which we are providing free of charge. Receipt Bank deals […]
Self Assessment
The responsibility to comply with the self assessment regime rests solely with the individual taxpayer. This means that self assessment tax return forms have to be 100% correct, each entry […]
Tax investigations
Unfortunately HM Revenue & Customs (HMRC) are carrying out more and more tax enquiries into taxpayers’ affairs. Tax investigations and conflicts with HMRC are stressful, time consuming and a very […]
VAT
For turnover in excess of £85,000 it is compulsory for most businesses to be registered for VAT although it is possible to register voluntarily below that limit. All VAT registered […]
Xero
At Abbey Accountants we are proud to be associated with Xero, an extremely cost-effective and user-friendly online accounting package. Set out below are just some of the benefits of using […]
Year End Accounts
For commercial and tax purposes it is necessary to prepare financial accounts for the period of trading which is normally for a 12 month period ending on the 31st March […]