Services | P&L Accountancy

Accounting

Most small businesses are more concerned with cashflow rather than their profit and financial accounts.

Cashflow is vital to a business but financial accounts are needed to send to Companies House and HMRC.

Your financial accounts are also used by suppliers in determining credit facilities.

P&L can help you prepare the best possible financial accounts and explain them in an easy to understand way by offering the following services:

Limited company accounts
Sole trader and partnership accounts
Charity accounts
Submission of Accounts to Companies House
Bookkeeping assistance
Monthly or quarterly management accounts in a standard format, or format dictated by you
Budget preparation and reporting
Confirmation statement to Companies House
Submission of other forms to Companies House

Let's Talk Numbers

Tax

No one likes paying tax, but unfortunately it is a necessary evil!

At P&L we can prepare you tax return suggesting ways to reduce your tax bill.

We can assist with the following:

Companies

Preparation of corporation tax returns and submission to HMRC (including iXBRL formatting)
Suggesting ways to save tax

Sole Traders and Partnerships

Personal tax returns and submission to HMRC
Partnership tax returns and submission to HMRC
Suggesting ways to save tax
Capital gains tax computations and submissions

Individuals

Personal tax returns and submission to HMRC
Capital gains tax computations and submissions

Lower Your Tax Bill Today

Tax

VAT

VAT is a double burden, it is an administrative chore and a tax to pay.

Small businesses, in particular, can unknowingly fall foul of VAT rules.

P&L can offer their expertise and assist with your VAT needs with the following services:

Monthly or quarterly VAT returns
Submit VAT returns to HMRC
VAT registration
Advice on VAT schemes

Expert VAT Advice

VAT

Payroll

Payroll is an administrative burden that you have to comply with.

Let P&L prepare this for you to allow you to have more time to focus on your business.

We can do the following for you:

Monthly processing of payroll including submitting RTI returns to HMRC
Dealing with any queries from HMRC regarding payments of PAYE
Producing payslips and sending them direct to employees
P45s and P46s when necessary
Year-end returns, to HMRC and P60’s for employees
P11Ds or assistance with payrolling benefits through your payroll

Let Us Handle Your Payroll

Payroll

FAQs

Bookkeeping

Bookkeeping is a thankless and time-consuming task. Let P&L assist with this and free up more time to spend growing your business. We have no set procedures and will accommodate any workflow processes currently in place.

We will work in a way that works for you, not that benefits us.

We can assist with any of the following tasks:

Preparing sales invoices and sending to customers
Uploading purchase invoices and keeping digital copies of invoices
Reconciling bank accounts
Monthly or quarterly management accounts in a standard format, or format dictated by you
Credit control function