Welcome to Daniel Consultancy and thank you for visiting our website. My name is P.S Pragash and I obtained a first degree in Law and a finalist of Chartered Institute of Management Accountants (CIMA). At Daniel Consultancy, we are each fully qualified Association of Chartered certified Accountants (ACCA) with nearly 15 years practice experiences.
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1 customer review
Nico
Accounting
Very professional ,highly recommend
Reply from Daniel Consultancy
Thank you Nico
What kind of accounting services do you provide?
Bookkeeping
Accountancy services
Personal tax return
Corporation tax return
Vat returns
Payroll returns
Pension
Why is it so important for businesses to hire a great accountant?
Hiring a great accountant is crucial for businesses for several reasons:
Financial Accuracy: A skilled accountant ensures that all financial records are accurate and up-to-date, which is essential for making informed business decisions.
Tax Compliance: They help businesses comply with tax laws and regulations, minimizing the risk of fines and penalties.
Cost Savings: By identifying tax deductions and credits, a great accountant can save the business money.
Financial Planning: Accountants provide valuable insights into cash flow, budgeting, and financial forecasting, helping businesses plan for the future.
Strategic Advice: Beyond number-crunching, a great accountant offers strategic advice to help the business grow and improve profitability.
Time Management: By handling complex financial tasks, they free up time for business owners to focus on core operations.
Do you have any specific concerns or questions about hiring an accountant for your business?
What do you love most about your job?
While I don’t have personal experiences or feelings, I can share what many people find rewarding about bookkeeping and accounting:
Problem-Solving: Many accountants enjoy the challenge of solving financial puzzles and ensuring everything balances correctly.
Helping Businesses Thrive: It’s fulfilling to know that their work directly contributes to the success and growth of businesses.
Attention to Detail: For those who love precision and accuracy, bookkeeping and accounting provide a perfect outlet.
Continuous Learning: The field is always evolving with new regulations and technologies, offering opportunities for continuous learning and professional growth.
Financial Insight: Accountants gain a deep understanding of how businesses operate financially, which can be very intellectually satisfying.
Job Stability: Accounting is a profession with high demand, offering job security and various career opportunities.
Making a Difference: By ensuring compliance and ethical financial practices, accountants play a crucial role in maintaining the integrity of financial systems.
Why should our clients choose you?
With over 20 years of experience and qualifications as Chartered Certified Accountants, we bring a wealth of expertise to the table. We are proficient in a wide range of accounting and bookkeeping software, ensuring efficient and accurate financial management.
Can you provide your services online or remotely? If so, please add details.
We can provide our services onsite and remotely as well.
Payroll
Every business has payroll needs. Managing all the aspects of wage payments can be a daunting task, and online management solutions help save time and energy for more important things. Daniel Consultancy helps entrepreneurs with dedicated online payroll management services.
Bookkeeping
We provide both in-house and outsourced bookkeeping services tailored to meet the needs of businesses like yours. We are pro advisors of QB online, Certified Xero advisors, and competent in most of the cloud based software's.
Accounting
Our Accountancy Services department provides a number of services (detailed below) to a wide range of businesses from relatively small sole traders and partnerships to small and medium limited companies.
Our clients cover a wide range of industry sectors.
Services
Preparation of Sole Trader Accounts
Preparation of Partnership Accounts
Preparation of Statutory Accounts for Limited Companies
Preparation of Management Accounts
Advice on Starting Businesses
Preparation of Business Plans and Projections
Preparation of periodic management accounts
Taxation services
Our Taxation Services department provides a number of services (detailed below) to a wide range of clients.
Services
Preparation of Personal Tax Returns
Preparation of Partnership Tax Returns
Preparation of LLP Tax Returns
Preparation of Corporate Tax Returns
Producing Reports covering a wide range of Tax related subjects
Advice on Personal Tax
Advice on Partnership Tax
Advice on Corporate Tax
Advice on Inheritance Tax
Advice on Capital Gains Tax
Advice on VAT
Assistance with Tax Enquiries, Investigations and Tribunals
Tax Planning
Over the years the tax regime is becoming more complex with tougher penalties for non-compliance and so getting the right tax advice at the right time could be vitally important to your business and/or your personal circumstances.
VAT return
VAT-registered businesses pay VAT when they sell to another business or to a customer. This tax is also charged on goods imported from countries outside the EU or brought into the UK from elsewhere in the EU. There are three main rates of VAT, depending on the type of service/goods the company provides: standard (20%), reduced (5%) and zero.
Not covered by VAT
Some items are exempt, for example:
some medical services
providing credit
training/education
insurance services
charity fundraising events
Our VAT services
Here at Daniel Consultancy we deal with the preparation of monthly/quarterly/annual VAT returns on behalf of clients and on line submission to HMRC ensuring HMRC deadlines for submission are met. Our service allows your company to fulfill statutory obligations and ensure penalties are not levied by HMRC for late submission.
