BPT Accountancy Services Ltd

Businesses have a responsibility to ensure that employee salaries and benefits adhere to HMRC’s PAYE tax and national insurance rules. Additionally businesses need to ensure employees receive accurate compensation for their hard work.

At BPT Accountancy we understand the technicalities. We offer a comprehensive payroll processing service that meets your needs as an employer. Why struggle with the complexities of PAYE when BPT Accountancy Services can provide a competitively priced professional service?

We are dedicated to offering our clients a high standard of service and complete flexibility in delivering your needs whilst ensuring full compliance with all legislative changes allowing you to focus on running your business.

We are dedicated to serving bookkeeping clients and we are available for a variety of services for our clients. All businesses are required to keep records for taxation and VAT (Value Added Tax) purposes.

There are numerous benefits in using BPT Accountancy Services:

We can help you improve management performance by undertaking the role of your accounts department

Our bookkeeping service can aid the improvement of management efficiency by providing enhanced information at the right time and at a cost which is more attractive in comparison to employing an in-house bookkeeper.

Our clients benefit from a comprehensive service ranging from full bookkeeping to regular management accounts including bank reconciliation, creditors ledger, debtors ledger, nominal ledger and VAT.

Almost all registered companies in the UK are required to prepare annual accounts for Companies House and HMRC every year. The purpose of these accounts is to report the financial activity of the company and subsequently work out how much Corporation Tax it must pay to HMRC.

Limited company accounting and taxation requirements are far more complex than those required by sole traders. Their accounts are on a much larger scale and they must adhere to strict accounting standards and practices set by the Financial Reporting Council(FRC).

As a director, you are legally responsible for keeping accurate accounting records, filing true and fair annual accounts at Companies House and HMRC

How we can assist you in meeting your legal obligations:

Company formation
VAT (Making Tax digital) and PAYE registration
Preparation of financial statements from company records
Filing of accounts at Companies House
Preparation and submission of forms P11d’s
Handling Self Assessment requirements of company directors
Maintaining all statutory company records and registers
Preparing Company Tax Returns (CT600) and calculating Corporation Tax liabilities

Are you a sole trader? Being a self-employed sole trader is the easiest and fastest way to start trading.

As a sole trader, you do not have a separate legal entity from yourself, such as with a Limited Company. You make all the decisions and any profit you make is yours, subject to income tax and national insurance.

This is where we can take some of the weight off your shoulders.

When you use our cost-effective service, we will prepare your annual accounts and self-assessment tax return ensuring that it is filed on time and offer advice on how you can minimise your tax liability through making full use of all the reliefs and allowances to which you are entitled to.

Our accounting service is suitable for a sole trader just starting out or for someone who has been operating for a number of years and wants to change accountants..

How do I register as a sole trader?

If you are a sole trader it is vital that you register for self-assessment tax returns with HMRC. This is absolutely crucial and it has to be done right to avoid possible penalties and prosecution. Here at BPT Accountancy Services, we are able to do this for you to ensure it is done correctly as well as completing your accounts and self-assessment tax returns.

Do I need to submit a tax return?

If you are a sole trader you will need to submit a tax return. The tax year runs from 6th April to 5th April the following year. We are able to complete your accounts and tax return ahead of the deadline ensuring your return is submitted on time to avoid any late filing penalties.