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MK ACCOUNTANCY LTD

MK ACCOUNTANCY LTD locationManchester

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MK ACCOUNTANCY LTD Details

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MK ACCOUNTANCY LTD Company Description

About MK ACCOUNTANCY LTD

MK Accountancy is an experienced and highly proactive firm of accountants based in Didsbury, Manchester.

We pride ourselves on our proactive and personal approach, and will work closely with your business to provide a service that is tailored to your individual needs. Indeed, we believe that our clients come first and strive in every respect to meet their requirements.

So whether you’re a sole trader, partnership, limited company, Charity or new start-up, our dedicated team of professionals can help you run your business and personal finances in the most tax-efficient, forward-looking and profitable way possible.

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Review of MK ACCOUNTANCY LTD by Muath Kuhail
1 year ago

Muath Kuhail
Review of MK ACCOUNTANCY LTD by Amin Kuhail
1 year ago

Amin Kuhail
Review of MK ACCOUNTANCY LTD by Muath Kuhail
1 year ago

Muath Kuhail
Review of MK ACCOUNTANCY LTD by Amin Kuhail
1 year ago

Amin Kuhail
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MK ACCOUNTANCY LTD Location

74, 792 Wilmslow Rd, Manchester M20 6UG, UK

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Services provided by MK ACCOUNTANCY LTD

MK ACCOUNTANCY LTD Services

Bookkeeping

Good internal bookkeeping is critical to give the management of the business adequate tools to properly run the operation. We can help keep your internal accounts up to date in a way which provides regular and reliable key management information. Accurate and timely accounting information is important for the decision making process of running any business. Otherwise, you run the risk of making wrong decisions, or even missing the iceberg before you run into it. In these days of straightened financial times, this assumes a much greater importance. When a business’s working capital is provided by the bank, then timely and reliable management accounts give the bank confidence. If there are temporary difficulties, the bank is therefore much more likely to support, where the business have been seen to be in control. It also follows that the underlying accounts records can be organised to flow automatically into the year-end procedures, making the annual accounts preparation much easier, quicker, and cheaper.

Payroll Services

Payroll preparation either weekly, fortnightly, 4 weekly or monthly Calculate PAYE & NI payments & produce P32 Reports to suit your needs On-line submission of year end and in year reports Pension Auto enrolment, with full advice on how to enrol staff onto pension, with monthly assessments and calculations of staff members to be then submitted to Hmrc.

Business Tax

Corporate Taxation is becoming increasingly complex. More and more bodies are required to complete returns – businesses, both limited and unlimited, associations and limited liability partnerships. Even charities are being asked for returns. The relevant deadlines for payment of tax and filing of returns can be confusing, especially when you start in business. That’s the time you can least afford the penalties that can be charged. We can ensure that you comply with all the relevant deadlines every time, while claiming all relevant reliefs and allowances to ensure that we reduce your overall tax bill. Further we can advise you of any steps you could take to reduce your overall liability.

Personal Tax

Everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements. We provide personal taxation services that include preparation of Income Tax returns for clients including schedules of chargeable gains for Capital Gains Tax, dealing with property profits and losses, rental and dividend returns and estimating tax liabilities and Self-Assessment returns liabilities and payments are all prepared using the most up to date software.

Preparation of Management Accounts

One of the most valuable tools for running an efficient business is accurate timely management accounts. This will enable you to establish the performance of your company over a period of time. Timely accurate information tailored to your needs will enable your business to grow. We will aid you with this process by the production of management accounts on a regular basis as required, be it monthly, quarterly or annually. We can produce your accounts on site to best meet your needs. Budgeting is an important tool in the measurement of your companies’ performance. We can incorporate your own budget in the management accounts or aid you in the preparation of a budget for the forthcoming year. If you require it, we will in addition to the accounts provide you with, a financial narrative to give further meaning to your accounts. Hopefully this will simplify and give greater meaning to the accounts from the non-accountant perspective. We will supply as much or as little supporting documentation as you require, but our base point is always to have produced sufficient working documentation to easily produce your statutory accounts.

Statutory Accounts Preparation

For any organisation that has a legal requirement to do so, MK Accountancy will compile and submit the annual accounts in a statutory format for submission to H. M. Revenue & Customs and Companies House. The preparation of accounts for internal and external reporting purposes is at the heart of our compliance services. We endeavour to give you more than simply reporting the facts but to offer you advice and recommendations in relation to our findings to help you develop the future performance of your business. Our advisers will also work with specialist tax colleagues to offer current advice on the most appropriate ways to reduce your tax liability.

VAT Returns

VAT Returns need to be completed within strict deadlines, or surcharges will ensue. We help you to meet these deadlines and in many cases can incorporate the VAT Return preparation into work which usefully avoids duplication at the year end. When VAT Return preparation is undertaken as part of internal accounting, then the Return quite often simply runs off the system at no extra workload. The VAT system is complex and it is all too easy to get it wrong. Just as importantly there are a number of reliefs, schemes and exceptions, which might be usefully adopted, which would actually lower the amount paid.

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