Perhaps you have a very simple business model and don’t really need a bookkeeper on a regular basis. But maybe you are not sure what the legal requirements are, or the easiest way to manage your books. The Bookkeeping Health Check service would be ideal for you.
MCB Accounting Services Ltd (MCB) will help you to set up processes and systems to get you started, train you on any software you decide to use and to simply be on hand for any queries or issues, or for your annual self assessment return. This will empower you to manage your own bookkeeping, secure in the knowledge that you are following all the legal requirements.
You will have a service tailored to meet your individual requirements, whether that is simply a one-off health check and system set-up, a full quarterly bookkeeping service, or something in between.
Efficient bookkeeping systems will save you time and money, ensuring you are claiming all the expenses you are entitled too. As a result, this will make your self assessment return much easier to manage thus avoiding unnecessary stress and accountant costs.
Alternatively, if you are VAT registered, maybe you would like someone to manage your VAT return each quarter? Once a quarter, you would send off all your receipts, invoices and bank statements to MCB and have your VAT return completed for you by a qualified professional. No more late nights after a full day of work dealing with your books.
Whatever the size or nature of your business, it is a legal requirement for you to keep accurate and consistent financial records. But accurate bookkeeping not only fulfils a legal requirement, it will also help you to better understand the financial position of your business on a day to day basis.
MCB Accounting Services Ltd will tailor our service to meet your specific requirements, but here is an idea of what we offer:
Any company whose turnover of taxable goods and services exceeds the VAT registration threshold (£81,000 for the 2014/15 tax year) is obliged to register with the HMRC to pay VAT. Quarterly VAT returns can be a daunting and time consuming task for sole traders and small businesses.
Self Assessment Tax Returns
If you don’t have good bookkeeping processes throughout the year, then the self-assessment tax return can be taxing. Why not let MCB Accounting Services Ltd take this stress out of your hands?
Moving forwards, efficient bookkeeping throughout the year will make your self-assessment return a piece of cake! If you prefer to do your own bookkeeping, why not have a Bookkeeping Health Check to help you set up processes and systems and train you on any software you decide to use?
Bookkeeping Health Check
Are you confident that your bookkeeping records are accurate and consistent? Perhaps your processes could be streamlined, to save you both time and money? Are you using the most cost effective & efficient software or spreadsheets for your business?
It may be that you prefer to manage your own bookkeeping and would simply like some help to set up processes and systems to get you started and to train you on software. Alternatively, you may wish for a bookkeeping health check as the starting point to MCB Accounting Services Ltd managing your booking requirements on an ongoing basis.
Here is an idea of what the Bookkeeping Health Check can include: