What Services Are Offered By An Accountant?

What Services Are Offered by an Accountant?

Accountants are incredibly knowledgeable and highly trained. Should you need any help with working out your businesses payments or knowing how much tax you need to pay then, Bedford Accountants can help with their highly skilled professionals.

 

Annual Accounts

Due to the vast amount of training accountants go through they are experienced and very knowledgeable. When it comes to doing annual accounts for businesses, they can whip up the numbers without a hassle.

 

Corporation Tax

Tax can be a difficult thing to wrap your head around. Don’t struggle to learn it, make your life easier and hire an accountant! They will have an in-depth knowledge of tax and finances. They will show you how much tax you need to pay, so you don’t overpay.

 

VAT Returns

VAT is everywhere and in everything we do, even buying something in a store is likely to have VAT on it. An accountant will help you prepare and fill out VAT documents to be able to support your business and get you the highest amount of VAT possible.

 

Bookkeeping

VAT returns and bookkeeping fit quite nicely together. Bookkeeping allows accountants to keep track of your VAT return information. From having your bookkeeping done correctly, it allows you the opportunity to see the possibilities for the future of your business. This can be regarding financial growth, managing your account balances or stock levels.

 

Payroll

Accountants have a broad and thorough understanding of the payroll system and tax. As a business, when you employ a new employee you need to be aware of the system in place to calculate the employee’s pay and therefore how much they will pay in tax. An accountant will have a full understanding of the payroll and PAYE tax, helping you work out their pay (including holiday and sick pay) and tax.

 

Personal Tax

Personal tax in Bedford will provide you with advice and support with your personal tax payments. The tax is based on how much you earn per year in your job. The more you earn, the more tax you need to pay.

 

Company Formation

Starting up a new company can be very stressful especially if you have limited experience in the financial side of it. An accountant will offer support and offer advice to make your business stronger. When you need assistance with making payments or forecasting projected earnings, an accountant will be able to help you make a valued decision.

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