Firm of Chartered Certified Accountants providing tailored accountancy services across Kent and wider UK for Sole-traders, Partnerships, and Limited companies ensuring you get necessary guidance, advice, and support for improved profitability and business performance.
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3 customer reviews
Lovett
Very friendly, efficient and reliable accountant. Wale dealt with all my books promptly allowing me to focus on running my business without any worry. I will definitely recommend.
Ayo Ajanaku
Great and outstanding service.
Grace
Fast and reliable service with an affordable fee.
Though I consulted the firm very late, the delivery was surprisingly timely.
Thanks for the professional accounting advice and recommendations, will surely come again!
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What kind of accounting services do you provide?
*Bookkeeping
*VAT Returns
*Accounts Production
*Self Assessment Tax Returns
*Payroll & Pension Administration
Why is it so important for businesses to hire a great accountant?
We make life easier for you by helping you focus on your business whilst we do the numbers crunching for you to identify areas of cost savings meet and ensure your tax obligations are fulfilled on time.
What do you love most about your job?
The aspect of being able to support and advice clients to ensure continued business growth and sustainability is what I love about my job as an accountant
Why should our clients choose you?
The team at Kompact Accounting Solutions are experts and well experienced in meeting your accounting needs with full support and advice for your business queries at any time.
Our one-stop and exceptional services at affordable fees will not even make you look elsewhere.
Accounts Production
Annual Accounts:
As part of your statutory obligations to present your financial affairs to the Inland Revenue and companies house, our dedicated team will ensure your financial accounts are prepared and filed within reasonable timeframe just after your year-end rather than the deadline.
Management Accounts:
We produce management accounts tailored to your need from your company’s financial activities to enable you make informed and timely business decision as at when needed which could be monthly, quarterly, bi-annual or annually depending on your requirement. Our team will ensure you get the maximum guidance and advice towards improving your business and also ensure the management reports are produced and presented in a comprehensive and understandable format for your business planning.
Bookkeeping
Our team of bookkeeping experts with vast knowledge of various accounting software help take away the stress and hassle associated with bookkeeping thereby enabling you to concentrate on more aspects of your business. We make sure your financial activities are comprehensively recorded, accurate and on real time basis so that you can ascertain the true position of the business at a particular point in time. In addition to us taking care of your bookkeeping work, we provide support and training on accounting software like Xero, Quickbooks, Kashflow, Sage, and so on. We also offer advice on how to improve your business processes as well as management reports if required.
Taxation
Income Tax:
Whether you are an individual or a business enterprise, you are required by law to complete, file, and pay tax on all sources of income from either your employment, business, or gains. Our tax experts ensure taxable profit from all your income sources are accurately calculated in line with government approved accounting principles and standards. As part of our services to help you save tax legitimately, we offer tax planning advice based on your situation.
Value Added Tax Returns (VAT)
For VAT-registered businesses, we do help our clients prepare and reclaim VAT on goods or services purchased and also remit the VAT on goods or services sold to their customers. This is better and normally accounted for every quarter. We process and file this return for our clients with complete accuracy and before the submission deadline to ensure proper payment plan is in place for our clients.
Payroll
PAYE Scheme:
We provide comprehensive payroll solutions to all sizes of businesses and practices for weekly, fortnightly, 4-Weekly, monthly, or annual payroll services. We manage payroll processes from setup to year end and integrate effective payroll management system tailored to our clients’ requirements ensuring prompt reporting to HMRC and dispatching all forms of statutory payroll reports to both employees and employers.
Workplace Pension Scheme
As part of compliance to The Pensions Regulator directives regarding workplace pension, Kompact Accountants provide auto enrolment service and support to clients alongside our payroll services. We take the stress off you managing and administering all processes from setups, reporting, and compliance ensuring you are not caught up with any surprises for non-compliance.
Construction Industry Scheme
As part of our payroll services, we also manage payrolls and provide support for our clients in the construction industry. We ensure both subcontractors and contractors are compliant with the regulations of the scheme and keep up to date with changes that affect our clients in the construction industry. Our team of CIS expert effectively manage all the processes from verifying subcontractors on your behalf, processing pay runs, dispatching of deduction statements, to HMRC’s reporting including claiming CIS tax back from the government for limited company subcontractors.
Management Accounts
We produce management accounts tailored to your need from your company’s financial activities to enable you make informed and timely business decision as at when needed which could be monthly, quarterly, bi-annual or annually depending on your requirement. Our team will ensure you get the maximum guidance and advice towards improving your business and also ensure the management reports are produced and presented in a comprehensive and understandable format for your business planning.
Business Setup
There is much to consider when deciding to set up a business. Whether the intention is to start as a Sole trader, Partnership, or Limited Company, our team of experts has a wealth of experience and the technical know-how to help you choose the right business type as a start-up. We offer the following services but are not limited to;
*Business Structure
*Companies House & HMRC registrations
*Company closure
*Business Planning
Company Secretarial
Limited Companies do have some statutory requirements and duties to comply with which are sometimes forgotten. We help you keep on top of things to avoid nasty surprises from regulatory and tax authorities. Our services include;
*Annual confirmation statement filing
*Share transfer
*Other statutory duties to the Companies House
