We provide a range of compliance services to support all aspects of business administration.
We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory tax returns are prepared. Our experienced team will relieve you of the regulatory burden and leave you more time to concentrate on your core business activities. In short, we will make sure everything is in the right format, in the right place and at the right time.
Our range of compliance services includes:
- annual accounts
- statutory audits
- tax returns
- specialist/niche audit and accounts
- company secretarial services including setting up companies, completion of annual compliance statements, share transfers and registration, etc
- payroll procedures including Real Time Information and Pensions Auto Enrolment compliance
Support services / Outsourcing
The combination of your business knowledge and our support services will help your business to grow and increase profitability.
Management accounts and information
Why wait until after the year end to see how your company is performing?
At Stiles & Co we can assist you with preparing management accounts on a monthly or quarterly basis and provide you with advice on how to improve profitability. Whether this is a complete service including the bookkeeping, or a review of the figures prepared in house, we can help.
This service is valuable to all types of clients and is an inexpensive process, which provides your business with up to date information to allow you to make those all important business decisions.
Running your own payroll function can often be an expensive and time consuming task. We offer a complete payroll function not only to save you time, but to provide you with peace of mind that staff are being paid the correct amount and statutory deadlines are being met, including submissions to HMRC under Real Time Reporting (RTI) obligations.
Our payroll bureau caters for businesses of all sizes from small owner managed businesses to larger corporations.
For those of you registered in the Construction Industry Scheme, our payroll bureau can submit monthly contractor returns and provide deduction statements to your subcontractors. Allowing you to concentrate on the running of your business.
We can also assist with all aspects of Auto-enrolment, including set-up, employee assessments and liasing with the pension provider, ensuring that you are fully compliant.
We have outsourced our payroll processing & administration to Stiles & Co for well over 10 years now, in all that time it has run smoothly without problem.
All the required reporting RTI, P11D’s etc. is done and submitted on our behalf. Caroline (Payroll Manager) deals with all the payroll related enquiries from HMRC until a resolution is reached. In addition any other employee/payroll related enquiries received from various other government agencies are also handled by Caroline efficiently and without fuss.
All in all a complete payroll solution for a very reasonable quarterly fee!
It is essential for all businesses to have accurate and up to date financial information, to base business decisions on. Due to cost and time constraints involved, this just isn’t possible for everyone.
We offer a tailored outsourcing function to cover part or all of a business’s bookkeeping and accounts function. This service can be undertaken on site with our clients or at our premises, dependant on your requirements.
You may also have one off situations where you need cover for your internal bookkeeping and accounts functions, whether this be maternity or sick leave cover.
We can also advise upon computerised bookkeeping software. If you are spending too much time writing up books, typing invoices and chasing debts we can help you take control by computerising your accounts system. We can help you to make the best use of IT resource to produce financial information that is accurate and appropriate for running your business effectively. With the correct accounting software you will save hours of hard work leaving you more time to deal with the more important areas of the business.
Please contact us to discuss a convenient and cost effective solution to your accounting needs.
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that your quarterly VAT is calculated correctly. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
- assistance with VAT registration
- advice on VAT planning and administration
- use of the most appropriate scheme
- VAT control and reconciliation
- help with completing VAT returns
- planning to minimise future problems with HMRC
- negotiating with HMRC in disputes and investigations
Making Tax Digital for VAT
Under the VAT regulations, businesses with taxable turnover above the VAT threshold (currently £85,000) must keep digital records for VAT purposes and provide their VAT return information to HMRC using ‘functional compatible software’. These new regulations take effect for VAT return periods beginning on or after 1st April 2019. We can help you ensure that you are compliant and using the correct software, or we can deal with the record keeping for you.
We can complete your annual P11D Returns to declare all benefits in kind and expense payments for your employees. We can provide advice regarding whether any benefits given are liable to Tax and/or National Insurance and can assist with completion of claims for business expenses.
We can also advise on any weaknesses in your expense systems, plus provide advice relating to any tax savings available to you within the benefits/expenses regime.
Business planning and forecasts
Every business should plan ahead to ensure success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we will ensure these are both meaningful and robust.
Liaising with banks and institutions
We offer support when liaising with banks and other financial institutions. Drawing on our wealth of experience we can support our clients through this often daunting experience.
Require more information?
If you would like more information or would like to speak to us direct then call us on 01628 665000. Or if you would prefer, ask us a question online.