We offer a full range of tax and accountancy services for individuals and small businesses up to £1million turnover. From Self Assessment to VAT, Payroll To Accounts, see below and click through for further details.
has been a yearly requirement for the self employed, company directors and those who have other unusual income such as having rental property since the 1996/1997 tax year. Easy Accountants can help in all aspects of preparing and filing your Self Assessment Return on time and ensure you pay as little tax as possible.
Sole Traders and Partnerships
can file a simplified or full Self Assessment and accounts - just make sure to keep all of your receipts and good records for HMRC compliance. We can advise you on whether being a Sole Trader or Partnership is the best route or whether being a Limited Company might offer you a more suitable route going forward.
need to file Self Assessments each year and ensure that any profit is taxed correctly. Easy Accountants can help prepare the accounts for you properties whether they are residential or commercial, furnished or unfurnished or holiday lets both in the UK and abroad. We can ensure you claim all of your expenses correctly and advise ongoing tax strategies to minimise your tax bills for both income and Capital Gains especially with the ongoing attack by HMRC on small landlords. Changes coming in to how landlaords can offset mortgage interest need to be considered carefully and we can help you plan your way through this major change.
Construction Industry Scheme
is a system under which tax is deducted at source for those in th Building Industry. Easy Accountants can advise sub-contractors and contractors in complying with the schemes sometimes buredensome requirements which can easily give rise to penalties if not careful. We can advise on registering as a contractor and sub-contractor, running the contractor scheme for you and claiming your tax rebate as a sub-contractor through your Self Assessment.
Value Added Tax
is a very complex tax on consumers introduced first in France in 1954 and in the UK in 1973. Businesses must register when they reach the threshold (£81,000 as of 14/15) but can optionally register below the threshold to either make their business 'look bigger or more professional' or in some cases might have to for 'Corporate Governance' reasons from their clients. There are various different VAT schemes that can be optionally used and Easy Accountants can give you advice on all aspects of VAT including ways to increase your profits through VAT registration.
is a requirement when you have part or full time staff. Self Employed Contractors are not included in PAYE but you should be aware of possible pitfalls around IR35 legislation if you have self employed staff for extended periods. Payroll also includes the CIS system and with new reporting requirements under the RTI or Real Time Information system you need to be on top of your payroll to avoid hefty penalties.
services are available to clients of all sizes from the smallest sole trader working from home to Partnerships and Limited Companies up to £1 million turnover. We can help you with your bookkeeping or enable you to do your own bookkeeping using our online system, free spreadsheets or just give you a hand with ensuring your own system is up to scratch.
can be a more effective to operate your business with the possibility of saving tax and safeguarding you personally. Easy Accountants can take you through the pro's and cons of your particular case and help you decide if it is appropriate for your needs.
Bookkeeping and Record Keeping
Easy Accountants can help you keep better records to ensure compliance with HMRC guidelines, ensure you can reduce your profit and pay as little tax as you should do. We have simple paper and spreadsheet templates and a simple but comprehensive online bookkeeping system to ensure your records are maintained easily and correctly. We can give you basic training to do it yourself or we can deal with it for you.