At City Accountant Portsmouth Ltd, we are focused on providing Accountancy services with the highest levels of customer satisfaction & we will do everything we can to meet your expectations.
Whether you are a sole trader, a partner or director in a business, or a self employed sub-contractor, you are required to submit a Self Assessment return each year.
For many people it can seem daunting, and the ‘brown envelope syndrome’ kicks in. “It’s a brown envelope……so…….maybe I’ll deal with it later…… when I’m not too busy”
For many, the inevitable happens. The deadline is overlooked, and HMRC’s savage penalties automatically arise. Before long the amount owed is far greater than the original tax.
We’ll give you total peace of mind and take the pressure from you by dealing with your Self Assessment Tax Return for you each year.
We’ll simply ask you for all your receipts and invoices for your expenses and income (clients often bring them in a carrier bag or shoe box). We’ll then quickly work out your profit (or loss) and your tax liability and make sure your Self Assessment is submitted on time.
Quite often we are asked to deal with previous years that have been overlooked and where penalties have arisen. We are usually able to negotiate with HMRC to agree a payment plan.
We’re also very good at identifying situations where a tax refund may be due.
At the end of its financial year, your limited company must prepare full (‘statutory’) annual accounts. Email or write to Companies House, explaining what’s happened and how much more time you’ll need to file your accounts.
What we need is your daily financial paperwork and our dedicated team will taking care of all your bookkeeping including preparation of annual account. Besides we maintain VAT records and preparation of management accounts.
CIS – Construction Industry Scheme – The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.
Irrespective of the size or industry, cash-flow is the foundation of any successful business. We can help you take control of your credit and help you analyse financial risks, allowing you to make informed decisions and have increased sales revenues.
Understanding your current and past financial situations is crucial for future success. Forecasts and projections are often an important part in determining future plans for your business and can show you how you can achieve higher those higher…
The team at Red Shoes would welcome the opportunity to undertake interim assignments where our skills and experience can be put to good use to benefit a business which is in need of temporary support. This may be while permanent accounts staff …
We also provide some clients with a weekly Flash Report to keep them aware of the up to date position of their business.The Weekly Flash Report has the advantage of giving four times more opportunities to review your business performance and visibility …
We are using one of the top payroll administration software in UK you can be sure that your payroll prepared efficiently & accurately. Complaint with Her Majesty Revenue and Customs requirements and deadline. Our services includes P35 annual return …
For many people it can seem daunting, and the ‘brown envelope syndrome’ kicks in. “It’s a brown envelope……so…….maybe I’ll deal with it later…… when I’m not too busy”. For many, the inevitable happens. The deadline is overlooked, and HMRC’s …
If you are VAT registered we will efficiently calculate your VAT and submit your quarterly VAT returns on time………every time. You’ll be able to rest in peace knowing that you aren’t going to miss the deadline for submission.
What our cilents say?
Thanks to my accountant my success is mainly the result of your big effort, I am very happy for the past 8 years .
Peoples always said all successfully business man has good accountant behind him …. always happy with your services.
In our initial meetings CAP promised a hands-on approach and that’s certainly been true. As soon as we appointed CAP, the team was incredibly responsive to our needs — and my frequent questions.