GBM ACCOUNITNG

Our bookkeeping service provides accurate and timely recording of all your financial transactions, ensuring that your business’s financial records are always up to date and compliant with regulations. We handle everything from tracking income and expenses to managing accounts payable and receivable. Our team ensures proper categorisation of transactions, reconciliation of bank statements, and preparation of detailed financial reports to give you a clear view of your business’s financial health. With our support, you can focus on growing your business while we manage your day-to-day financial records with precision and efficiency.

Our payroll service ensures that your employees are paid accurately and on time, while also maintaining full compliance with HMRC regulations. We manage the entire payroll process, including calculating salaries, processing tax and National Insurance contributions, and ensuring the correct deductions are made for pensions, student loans, and other benefits. Additionally, we handle the generation and submission of payslips, Real Time Information (RTI) filings, and year-end reporting, such as P60s and P11Ds. Our service allows you to focus on running your business, knowing that your payroll is being managed efficiently and in line with the latest tax laws.

Our VAT service ensures that your business remains fully compliant with HMRC regulations while maximising your VAT efficiency. We handle everything from VAT registration and preparation of VAT returns to advising on VAT schemes that best suit your business. Our team ensures that all VAT is correctly accounted for on sales and purchases, and we provide support with reclaiming VAT where applicable. We also assist with submitting your VAT returns on time, ensuring that you avoid penalties and remain compliant. With our expert VAT service, you can focus on growing your business while we manage the complexities of VAT for you.

Our accounts service for sole traders, partnerships, and companies offers comprehensive financial management, ensuring your accounts are accurate, timely, and compliant with HMRC and relevant regulatory bodies. For sole traders, we prepare detailed financial statements, including profit and loss accounts and balance sheets, to provide a clear snapshot of your financial performance. For partnerships, we assist in preparing partnership accounts, ensuring each partner’s share of profits or losses is correctly allocated and reported. For companies, we handle the preparation of statutory accounts and the filing of annual reports with Companies House, ensuring full compliance with corporate laws.

In all cases, our team works closely with you to ensure your accounts reflect the true financial position of your business, offering insights and detailed reports to inform your decision-making. Whether you're a sole trader, partnership, or company, our service is designed to minimise your tax liabilities, optimise your financial performance, and keep your business on the right track for growth and success.

Tax planning for individuals involves strategically managing your personal finances to minimise your tax liability while taking full advantage of available tax allowances and reliefs. Our service helps individuals optimise their tax position by identifying opportunities to reduce income tax, capital gains tax, and inheritance tax. We provide personalized advice on making tax-efficient investments, utilising tax-free savings accounts like ISAs, and maximizing pension contributions to benefit from tax relief.

Additionally, we assist with managing income sources, such as salary, rental income, and investments, to minimize the overall tax burden. Whether you're planning for retirement, managing assets, or preparing for future financial goals, our tailored tax planning strategies ensure that you’re maximising your allowances and reliefs, ultimately reducing your tax exposure and helping you build long-term financial

Business tax planning involves developing effective strategies to minimise a company's tax liability while ensuring compliance with tax laws. Our tailored approach helps businesses optimise their financial position by identifying available reliefs, deductions, and allowances. Whether you're looking to reduce corporation tax, improve cash flow, or structure your business for tax efficiency, we provide comprehensive guidance to help you make informed decisions that support long-term growth.