VAT Return & Making Tax Digital
From 1st April 2019 businesses registered for VAT with a turnover of £85,000 or over are required to enrol and register for Making Tax Digital (MTD). VAT returns must be filed digitally under the new system. Filing can be done through accounting/bookkeeping software, or by using spreadsheets and using a digital link.
LMN Accounting can help you with this.
Bookkeeping
As QuickBooks Pro Advisors we can recommend the best system for your business. We can help you set up your bookkeeping system on the program that best fits your needs. Much will depend on the complexity and type of business you have, and whether you want to be fully involved in the record keeping, or whether you want to leave the bookkeeping to an experienced bookkeeper.
LMN Accounting has relationships with local bookkeeping service providers.
Payroll
We can advise you how to set up payroll yourself, and of the requirements on reporting to, and paying H M Revenue & Customs by set deadlines. Alternatively, we can suggest someone to do this work for you.
Sole-Trader? Have a look at our Self Assessment services.
