BUSINESS
Starting a business is never easy. Keeping a business running can be even harder. When it comes to business finance and accounting, you need to make sure you have a tight grip on your income and your tax. Otherwise, you may fall foul of fines imposed by HM Revenue and Customs.
Whether you have run your business for several weeks or several months, it’s important to make sure you have an accountancy plan. At GTP, we will completely manage your monthly revenue and expenditure, generate ad hoc reports, and handle financial concerns on your behalf. We will even help you set up for PAYE as well as file returns on your behalf.
Running a business takes time, effort and plenty of specialist knowledge. You may not necessarily have time to balance your books on your own! Millions of businesspeople entrust private accountants to handle their financial affairs for them – as they know that their books are in good hands.
Are you looking for regular support and guidance with business accounts? Make sure to contact GTP right away for a free consultation, or to learn more about our packages. We will tailor services to you, so that you always have financial backup.
SERVICES
Are you looking for an accountant who can help with a wide variety of financial concerns? Do you run a limited company, or are you a sole trader? Whether you need help with private bookkeeping or business accounts, our team will always be happy to help you.
GTP Accounting’s team of trained, accredited accountants are well-versed in a variety of financial concerns. Whether you need help filing VAT returns or setting up your team for payroll, we offer free consultations for all our services.
HM Revenue and Customs will expect your tax returns and financial documents to be filed on time as well as precise. If you are just starting out with business tax and are unsure what to do, make sure to speak to a local accountant or expert who can point you in the right direction.
GTP Accounting will support you whether you need to file contractor returns, PAYE documents or even late self-assessment returns. Tax and finance don’t have to be tricky to understand! With the right help and support, your monetary matters will easily resolve themselves.
Make sure to take a look through our various financial services to learn more. Do also get in touch with our team for tailored guidance!
Business Startup
“Therefore, it makes sense to approach a local accountant or firm who can manage your finances for you. When you’re starting out in business, you may not always have the time to cast an eye over your money. Startups are popping up all over the UK – however, only the most successful ones are making use of local accountancy firms for advice and guidance.
Your business startup may have a great concept and plenty of talented people on-board. However, if you don’t have the best backing, you’re going to run the risk of losing money sooner rather than later.
Make sure to team up with an accountant or accountancy team who can give your bespoke advice and support when you’re on the road to startup success. You should make a point of calling GTP as soon as possible for financial guidance whenever you need it the most.
Company Formation
Are you in the process of starting your own company? If it’s early days for your business, the best thing you can do is make sure your finances are in check. You may have funding and all your accounts ready to go – but what about tax preparations, PAYE and everything in between? That’s when you need to approach experienced accountancy experts in your area.
GTP is a firm that is well-known for a wide array of financial products and guidance. Our talented team is fully qualified to make sure that our clients have seamless accountancy backing 24 hours a day. All you need to do is allow us access to a few facts and figures. We will then contact HMRC on your behalf, file returns, and give you solid, dependable advice on investments and future expenses.
When it comes to company formation and future planning, you will need help from a leading accountant or firm. Without a financial plan or some form of direction, you may find that you struggle to gain the support of bigger customers and partners.
Choose a talented, local accountancy firm who can help manage your books and look after your commercial finance. Don’t be tempted to handle all your finances on your own – it may not be as easy as it looks!
Limited Company Accountancy and Corporation Tax Return
Do you need help with limited company accountancy? Do you need to file a corporation tax return, but are unsure of the right steps to take? Don’t worry. All businesses, even the biggest global brands, started somewhere. When it comes to financial success, you are going to need an accountant by your side to weather the highs and lows of business finance.
At GTP, we work with a wide array of different limited companies and corporations. As well as helping startups and sole traders, we are pleased to offer complete payroll and return management. This way, even the biggest companies can rely on our team to keep their finances ticking over from month to month.
Without limited company accountancy, you could find yourself struggling to afford essential investments, or to file VAT returns. No one ever said running a business was easy – and when you add in the financial aspects, you’re going to need to spin even more plates. Why not delegate some of this responsibility to an expert with years in the trade?
GTP is an accountancy firm responsible for helping thousands of businesses and entrepreneurs find their financial feet. Call us now for tailored help and advice.
Registration For PAYE
If you’re in charge of a team of people, or if you need to pay several employees at once, then you are going to need to look into registration for PAYE. PAYE, or Pay As You Earn, ensures that several people are paid from your accounts through a payroll system. It’s quick, easy and convenient for everyone. That is, providing you enlist the support of a professional accountant!
At GTP, we make sure to set you up for PAYE as soon as you need to. We liaise with HM Revenue and Customs on your behalf, which means that there will never be any need for you to speak to government agents directly. Allow us to take on all your details and to translate them into a format that suits HMRC’s needs.
By managing your PAYE, we will also ensure that any tax code concerns your employees have are handled as soon as possible. You will therefore benefit from instant support and guidance with any major payroll concerns without the need for you to handle any new training.
Registration for PAYE is fast and simple. However, always make sure you set up payroll payments through an agency – such as with an accountancy team at GTP – to make sure your financial bases are completely covered.
Monthly Payroll
To pay several people at once from the same accounts, you are going to need to manage a monthly payroll. A monthly payroll system will ensure that all necessary payments and deductions are made as employees expect. What’s more, it will also ensure that any benefits are taken care of. If team members are off sick, for example, this data will also take into account.
However, it’s not always easy to manage monthly payroll on your own. It’s also very costly to manage PAYE in-house! Therefore, you should make sure to outsource your payroll concerns to experienced, local accountants.
GTP accountants will make sure to handle your payroll on a monthly basis. We will apply the necessary tax codes, take into account employee attendances, and will ensure that their wage slips reflect the work they do for you. Failure to manage payroll properly could result in complaints from staff, and concerns from HMRC. Therefore, it is never advisable to try and tackle it all on your own.
Do you need help with monthly payroll queries? Want to make sure your team gets paid the money they deserve? Contact GTP for a free consultation and set up a payroll plan you can rely on.
Company secretarial
When it comes to running the finer points of a business – especially finance – it’s become more and more crucial to seek help from secretaries and admin assistants. As specialists in company secretarial tasks and financial bookkeeping, GTP makes sure to handle all receipt-keeping and spreadsheet-building off-site for you.
It can cost a lot of money to hire and employ a secretarial team in-house. If you are a small firm, or if you do not have flexibility to employ additional secretaries at this time, do consider appealing to GTP for secretary advice.
We handle a variety of administration tasks. Our speciality, as trained accountants, is in financial matters. However, we will always be happy to help monitor your books for you across the board. When it comes to running a business, you are not always going to have time to administrate as you may need to.
That’s why so many businesses and entrepreneurs look for help from external accountants and secretaries to look over matters. GTP’s seasoned approach to financial management for business is tried and tested. Therefore, you can rely on us to provide a comprehensive, cost-effective secretarial backing 365 days a year. Why not call us for a free consultation?
CIS monthly returns
If you outsource work to subcontractors, the way you report finance to HM Revenue and Customs is going to be very different to how you might normally handle matters. When you work as a contractor on the CIS or Construction Industry Scheme, you will need to file CIS monthly returns to show the government which work you contract out, and how much for. This can sound complex, but once you start, you will likely find it surprisingly simple.
However, it is always a good idea to look for help from professional accountants when it comes to CIS monthly returns. Navigating CIS might be simple in practice, but if you’re new to the idea of filing any kind of return, it is always good to have someone on hand who can help out. Why not contact GTP for CIS support?
As well as helping limited companies and sole traders, GTP works with contractors to make sure that their CIS documents are comprehensive and filed on a timely basis. In fact, we can take the reins as far as HMRC is concerned.
Our accountants and experts will make sure to liaise with government services on everything related to CIS returns. Call us now for a free consultation at your convenience.
VAT
When you earn over a specific amount each year, you will need to start filing VAT returns. This will largely apply to limited companies and businesses with big turnovers. However, VAT is something you should start taking time to research far ahead of you hitting that upper limit. To approach VAT in a healthy manner, make sure to speak with an accountant in your local area as soon as possible.
GTP’s accountants and financial team will make sure to offer you sound advice and guidance on everything regarding VAT. Value Added Tax is something all big businesses need to clear when they reach a specific revenue threshold. Therefore, plan ahead! Make sure to arrange for accountancy who can back you and file returns on your behalf.
Failure to file and pay for VAT correctly could lead you into serious problems later on down the line. Ultimately, HM Revenue and Customs could fine you severely if you fail to file. Therefore, make sure you clear payments and file properly with a team of seasoned professionals.
If you’re unsure whether or not you will benefit from our services, make sure to apply for a free consultation. Call or email us now for further details – and don’t let your VAT returns give you unnecessary headaches!
Bookkeeping and Accounting
Bookkeeping and accounting is not always as simple as it seems. While it may seem easy to make a list of all your income and expenditure, precision is key. What’s more, it’s important that you make sure you have plenty of backing to ensure you’re making the best purchasing decisions. When you have a business to run, it’s not always easy to keep your books and records up to date at all times!
GTP accountants are experts in bookkeeping and accounting of all natures. Whether you are running a limited company or are a sole trader, all you ever need do is let us know what’s coming in, and what’s going out. We will manage your books to a comprehensive extent, meaning that when it comes to filing end of year returns, you will be ready to hit the ground running.
Bookkeeping is also crucial when making investments and large purchases. Without some kind of financial record, you will run the risk of losing track of what’s coming in and how much capital you have left available to use. It’s tempting to spend and save ad hoc, but it rarely works well in practice.
Therefore, make sure to turn to local bookkeeping support in GTP accountants. We will ensure your books are always up to date, accurate, and ready to support you in major decision-making.
