Professional Accountancy Services based in Southwest England
At Sanneson Accountancy, we provide professional accountancy services to the people of Southwest England.
Professional Accountancy Services
Finding the right accounts can be hard, that's why at Sanneson we try to make it as easy as possible to work with us. Our professional accountancy services offer a comprehensive range of approaches to effectively manage your finances. We cover everything from tax solutions to detailed plans to take your business forward.
Bookkeeping Services
Bookkeeping
We can prepare your accounts from whatever bookkeeping records you have - whether they be computerised, spreadsheets, a cashbook, or a bag of receipts. And we can advise you on how to strengthen your record keeping procedures, which in turn will help you run your business more effectively.
It goes without saying that your accounts will be prepared in accordance with accounting standards, and we will check that you are claiming everything you are entitled to. Whether you are a sole trader, partnership, or limited company, letting us prepare your year-end accounts will relieve you of what can be an extremely stressful and time-consuming exercise.
With our digital bookkeeping solutions including QuickBooks and Xero, all you need to do is simply send us your paperwork through smartphone apps such as AutoEntry, Receipt Bank, via email, via post, or visit one of our shops to deliver your records to us.
We will then record all your business’s transactions and give you 24/7 access. We can also prepare regular management accounts to help you manage your finances, your customer and supplier account balances, stock levels and if you are trading as a company, we will allow you to plan your dividends.
Let us take away the hassle of bookkeeping, so you can focus on growing your business. Call us today on 07886 446135 or complete our online enquiry form
Self-Assessment Tax Returns
The UK has the longest tax code in the world, so preparing even the most straightforward tax return can be complicated. There are various deadlines and responsibilities for taxpayers to be aware of.
The most common reasons that a tax return may be required are as follows:
• You are self-employed or in a partnership.
• You are a company director
• You have large amounts of savings or investment income
• You have untaxed savings or investment income
• You own land or property that is being let. You have income from overseas
• You have sold or given an asset away (such as a holiday home or some shares)
At Sanneson, we use HM Revenue & Customs-approved software to:
• Complete your tax return
• Calculate your tax liability
• File the return online
• Liaise with you on the amounts to be paid and when they are due
This process helps to minimise your risk of a HM Revenue and Customs inquiry into your tax affairs. If you are experiencing cash flow problems, we can explore the possibilities of deferring your tax payments or negotiating a payment plan with HM Revenue and Customs on your behalf.
VAT
At Sanneson, we can support you and prepare your VAT return; either from your own bookkeeping records or we can take care of your record keeping and the VAT return. Our experienced team have the expertise to ensure that your VAT is as efficient as possible, particularly on contentious items such as mixed-use expenditure and motor running costs. We ensure that your returns are processed on time and thoroughly reviewed to prevent errors. As with other areas of tax, we can act as your Agent for VAT purposes and therefore correspond with HM Revenue & Customs (HMRC) on your behalf to give you peace of mind.
In addition, we can assist with...
• Applying for VAT registration
• Advice on the VAT schemes suitable to your business
• VAT planning
• Dealing with any disputes that arise with Customs
• Attendance at VAT inspections
Payroll Services
Our expert Payroll team have over 20 years of experience processing starters, leavers and year-end forms to calculating holiday pay, statutory sick pay, statutory maternity pay, student loan deductions and workplace pensions.
Because we process payroll for lots of our clients every month accurately and on time, that will give you the peace of mind to focus on growing your business. It will also reduce the risk of penalties as missing an RTI return can result in penalties ranging from £100 to £3,000, or 100% of the tax due. Our automated reminders will keep you out of the cross hairs of HMRC, by informing you every time your payroll period is about to end.
Beyond the payroll compliance service, we offer comprehensive advice on all employment tax issues including...
• Tax efficient remuneration strategies
• Planning for retirement
• Termination payments
• Inducement payments
• Company car and van strategies
• Benefits planning
Our Specialisms
Considering construction is such a hands-on business, who has the time or expertise to deal with filling in millions of forms or using online accounting software when you’ve got big projects and deadlines to meet?
That is why Sanneson Accountancy is here to help. Our complete contractor service includes everything from adding and verifying your new sub-contractors, to processing your payment and deduction statements and submitting your monthly CIS returns to HMRC. Our monthly automated reminders provide peace of mind and will help you avoid unnecessary penalties. If your CIS return is even one day late, the penalty is £100, and if it’s more than two months late a further £200 penalty is applied.
As well as handling your CIS returns, statements and how much you owe HRMC, we’ll also act on your behalf if they decide to investigate your affairs, fighting your corner to ensure you win your case.
Our in-house Health and Safety Specialist is also on hand to support you with all your H&S compliance, SMAS and CHAS applications and RAMs required for tendering.
