Leading Accounting Services

VAT

VAT returns can be submitted either monthly, quarterly or on a yearly basis, with the compliance of Making Tax Digital (MTD) the system of setting up has become a bit complex. VAT is a complex tax system when it comes to becoming compliant.

At SK&CO London Services Limited we guide you through every step this includes from VAT registration to submitting the VAT returns on your behalf. We will also stay in line with the latest changes in the tax laws to optimise your VAT position and evaluate which VAT scheme is suitable for your business

Bookkeping

Efficient bookkeeping plays a vital role in maintaining accurate records for effective business management and for tax purposes. Our dedicated team ensures accurate recording of transactions, reconciliation of your accounts and we ensure it complies with the regulations. Our main focus is to save significant time and costs by delivering financial records in an organised manner  which can be presented to you and make informed business decisions.

Self-Assesment

Payroll

Managing a payroll is a huge challenge with a high volume of data that needs to be processed and a number of obligations such as auto-enrolment that must be met while setting up a payroll scheme. No matter how big or small your payroll is, we will be able to process your payroll cost effectively from setting up the payroll scheme, processing the payroll before the filing deadline and filing the payroll return on time. We also provide technical advice on how to male tax payments to HMRC, changes to employment and laws and dealing HMRC queries on behalf of you. This will allow you to focus on your core operations while ensuring compliance with PAYE regulations.

Year-End Accounts Preparation

Limited companies are required to file their year end accounts to Companies House which can be time consuming since it starts from bookkeeping. At SK&CO London Services Limited we will ensure that your year end accounts are filed to companies house on time regardless of size of the company. We will also give you insights on how the business has performed and targets we can help you set going forward giving you the confidence that your financial reporting is in an expert hands.

Corporation Tax

Corporation tax is charged on the net profit of the company. All limited companies are required to file a corporation tax return to HMRC and pay the tax that is owed to HMRC. At SK&CO we understand the significance of effective Corporation Tax management for businesses of all sizes. Our dedicated services have a comprehensive approach to Corporation Tax, covering compliance, planning, correspondence with HMRC on your behalf and whether you're a start-up or established business we work closely with you to ensure accurate and efficient filing, minimise  your corporation tax where possible.

Capital Gains Tax

Capital Gains Tax(CGT)  becomes payable when you sell assets that you own, for example shares or a property.  We understand capital gains tax is a complex area . At SK&CO London Services Limited we will guide you through CGT calculations, the potential exemptions and reliefs that you can claim which gives you the opportunity to mitigate your tax liabilities , and future planning strategies to make you aware of any capital gains tax due in the future.

Company Formation 

Whether you want to set up a Company or LLP we will guide you every step of your company formation journey. We will also give you expert advice giving you what the best option of company formation should be. Our approach covers finding the right business name to register with HMRC to help you meet its legal compliance and smooth company  set up formation process.