Bright Spark Accountants

We are happy to undertake all aspects of self assessment on our clients behalf.

We will complete the self assessment form, calculate your tax liability or refund and submit the form electronically on your behalf. We will then provide you with the amount due to be paid to HMRC and the date that payment is required ensuring you never miss a deadline again.

Call us today to see how we can help you through the self assessment minefield!

Remember HMRC deadlines have changed; paper returns are now due by 31 October even if you calculate your liability yourself. Electronic returns have an extended deadline of 31 January.

:: hide ::

Limited companies are subject to corporation tax on their profits each year. Unfortunately it is not as straightforward as taking a percentage of profits and paying it over to the tax man, there are allowable expenses, disallowable expenses and capital allowances which all need adjusting for.

Sound complicated? Let us do the hard work for you and make sure your business does not pay too much tax on its profits (after all more tax is less profit for distribution to you!).

In conjunction with the preparation of your year end accounts we will be happy to complete your corporation tax return on your behalf and provide you with a calculation of the taxation due.

In addition we are also able to provide a company secretarial service if required. Please contact us to discuss your individual requirements further.

:: hide ::

All businesses need accounts be it monthly or quarterly management accounts, annual accounts for self assessment purposes or statutory accounts for corporation tax and submission to Companies House.

We can prepare any format of accounts you wish, to the frequency you wish, either working from your records or if we are undertaking a bookkeeping service for you using our records.

All of our annual accounts and statutory accounts are accompanied by a signed Chartered Accountants report which can be required when applying for loans and mortgages as support for proof of earnings.

Statutory accounts can be filed on your behalf with Companies House if desired following approval by the board of directors. This service ensures no filing deadlines are missed which could incur penalties.

Management accounts can be tailored to show any information you choose, tell us what is important to your business or what you want to know about and we will show you the financial information you need.

:: hide ::

Allocating expenses and income under the correct headings is essential to ensure you gain an accurate picture of how your business is performing and what is and isn't making you money! Bookkeeping however can be time consuming and tricky as it is easy to become confused as to which heading differing lines of income and expenditure should appear against.

We can undertake all bookkeeping on you / your company's behalf giving you your time back to concentrate on meeting your customer's demands whilst providing you with accurate and up to date records on a weekly, monthly or quarterly basis as required.

:: hide ::

Sometimes businesses can grow quicker than the owner / manager anticipated and the burden of managing the financial obligations can become a nuisance.

That's where Bright Spark Accountants can help.

We offer a complete management accountancy package whereby we undertake to complete all aspects of financial management for your business to include where appropriate bookkeeping, payroll, VAT, management accounts production, statutory accounts production and the appropriate taxation returns. Regular meetings are held with all owner managers / directors to discuss the businesses financial performance.

Bright Spark Accountants can work on a regular basis (e.g. once a month) at your premises or alternatively from our premises in Guiseley on specified days giving your business our undivided attention at that time. In addition unlimited telephone advice and support is available throughout the remainder of the year.

This service affords smaller and growing companies and businesses the luxury of a fully qualified chartered accountant managing all of their financial affairs without the salary and associated costs that employing a full time officer would incur.

Call us today to discuss your requirements further.

:: hide ::

Payroll can be a lot more complicated than people believe. On top of the weekly / monthly obligations of PAYE, NIC and pay production you hold as an employer there are also annual returns due to HMRC, procedures for accommodating new employees and leavers and the calculation of elements of pay such as sick pay, maternity and paternity pay and student loan deductions.

We can lighten the administrative burden for you by undertaking the payroll function on your behalf.

All HMRC forms can be completed and submitted on your behalf. In addition we can calculate all deductions due from employees pay and produce payslips for them on a weekly or monthly basis as required.

We will then summarise all payments due to HMRC and provide you with the necessary totals and dates to pay to ensure you never miss a deadline again.

:: hide ::

Using your records or ours if we are undertaking bookkeeping on your behalf we can calculate your VAT liability or refund (yes some people get money back!), complete the necessary returns and submit them on your behalf. We will then advise you of the date and amount of the payment due ensuring that you never fall into arrears with HMRC.

If you are not yet VAT registered we can assist you through the process ensuring that you only register when you need to. Following registration we will undertake periodic reviews of your VAT position to ensure you are on the most appropriate scheme for your business.

Call us to see how we can help take the pain out of VAT for you and your business.

:: hide ::