Making Tax Digital (MTD)

Do you still use Excel for your bookkeeping and accountancy? Making Tax Digital (MTD) is a government scheme designed to move the tax system online, currently all VAT registered companies are required to submit their returns online with further changes expected in 2020. We strongly advise making the change sooner rather than later, not only to ensure you are compliant when the time comes but also to save you time and expense in your accounting.

VAT

If your turnover exceeds the UK VAT threshold (currently £85,000) you will need to register for VAT. There are also certain circumstances where you may wish to register voluntarily, even when your turnover is below the threshold. We are able to help you traverse this journey, from deciding whether to become VAT registered, to the registration process, to filing your returns.

Payroll

Payroll is an integral part of any business and ensuring your staff are paid on time and correctly is essential for company morale. If the administration of your payroll is becoming a burden, Back to Black can lighten the load, providing accurate, on time payroll management that is tailored to your business.

Self-Assessment

‘Tax doesn’t have to be taxing’ – this may be one of HMRC’s mantras, but many business owners find completing their yearly self-assessment to be dull and time-consuming, that’s where we come in. All our customers need to do is complete a simple questionnaire we will send out prior to any deadlines and we will take care of the rest!

Year-end (Annual Returns)

Companies House maintain strict deadlines for all company annual returns, if these are not completed on time directors can incur hefty penalties. By choosing us as your friendly bookkeeper we will ensure you never incur these fines; a small dose of accountability goes a long way!

Business Reporting

After inputting your bookkeeping data into your accountancy software, we will transform it into structured, reconciled information. We are then able to provide you with an analysis of your company finances that you will be able to understand and act upon.

Location of Accounting Errors

Our team have a keen eye for detail and specialise in the location of accounting errors. If your numbers don’t add up, give us a call to discuss how we can help you with your bookkeeping and accounting needs.

Small Business Support

Gary is a Small Business Mentor, who has gained recognition from the Institute of Enterprise and Entrepreneurs and loves to help start-ups get established.

Xero Champion

Our team are fully qualified in all the component parts of the Xero accountancy software and use it out of preference. If you need any assistance setting up your Xero account or maintaining your books using Xero please give us a call.

If you require any of the above services, please get in touch to see how we are able to assist you and your business.

Tide Partner

We’ve partnered with Tide, an online-only bank with excellent online and mobile banking apps. As they don’t have expensive buildings to maintain their service is much less expensive than the high street banks. However, that doesn’t mean you compromise on service – on the contrary – using Tide really couldn’t be slicker or easier.

• Free signup
• No annual or monthly fees
• Free card usage at home and abroad
• Free transfers to Tide members
• 20p when sending or receiving money from a non-Tide account
• £1 ATM withdrawals
• Cash deposits: £1 at the Post Office, 3% at PayPoint

If you’re interested in trying out Tide, please head over to Tide’s website and sign yourself up. It’s quick, easy, and their onboarding process is really kind of cool!