Business Owner Support Services Ltd (Boss4U)

This service can be provided as part of the accounting services agreement within the same software or can be provided via our bureau payroll service which operates separate and remote from the business. We provide services to businesses with 1 employee up to 100 employees on a weekly, monthly and other time-based payrolls. We only use HMRC approved software and meet all the obligations with regard to the submission of RTI’s. Our service is flexible and configured to individual payroll requirements and is modular, thereby only generating charges for what the business needs to use.

We are also experienced service providers to main contractors and subcontractors in the Construction Industry and can deal with all aspects of the Construction Industry Scheme (CIS).

We provide services to a range of customers with varying requirements concerning the profile and frequency of their VAT Returns to HMRC. This includes standard accruals method, cash basis, new build construction constant repayments and many other variations. We assist our customers with their own specific issues by dealing successfully on their behalf with HMRC through our approach, knowledge and experience.

We ensure that our customers using Xero accounting software are set up and configured properly to meet all the HMRC obligations within traditional and Making Tax Digital (MTD) submissions.

Our aim is always to add value by ensuring the customer is meeting its obligations whilst also maximising any reclaims or allowances available.

For Limited companies we provide a full service to assist in the preparation, reconciliation, completion and submission of the legally required Year-end accounts. The full detailed Report and Accounts as required by the directors, shareholders and normally funding third parties are produced meeting all accounting standard requirements plus legal obligations. Abridged or micro accounts are also produced and submitted to Companies House as per the individual company’s requirements.

Full accounts for clubs, societies and LLP’s are also prepared and produced in the same manner as above to meet the appropriate requirements.

The production of the Corporation Tax Return for each client is directly related to the completion of the Year-end accounts as described above. We use HMRC approved quality software to assist in the compilation and ultimate submission of the Corporation Tax Return. We also provide the customer companies with the detailed schedules in the appropriate format complying with HMRC requirements.

A full service including the processing and completion of accounts plus preparation of the Self-Assessment Tax calculation is offered to every client. Each client however has the option of choosing their individual requirements having been advised by us of their minimum legal required submissions. We act as agents to self-employed customers assisting them with self-employed Tax Return submissions and any other liaising with HMRC required on their behalf.

Whether individually self-employed, partners or a Limited company, we provide full service as required for registration for subcontractors and main contractors to CIS. We also provide support for applications for gross status when appropriate. On an ongoing basis, we provide services to customers either via commercial software or directly on HMRC online for the submission of CIS returns.

We assist businesses to ensure their CIS submissions together with their PAYE/NI submissions are complete and accurate, plus tailored towards maximising cashflow efficiency.