OUR SERVICES
LIMITED COMPANY
Services include:
- Annual statutory accounts (for Companies House filing/lodgement along with the corporation tax return)
- Annual corporation tax returns
- Annual confirmation statement lodgement
- Completion of company secretarial duties (e.g., dividend vouchers, share certificates etc.)
- VAT returns
- Payroll
SOLE TRADERS & PARTNERSHIPS
Managing the books and records of a business can be a real drain on time and resources for an owner managed business.
We can help take this hassle away by preparing a set of sole-trader and/or partnership accounts.
We will provide advice on how to accurately record income and expenditure and on allowable vs disallowable expenses (so tax bills are legally minimised!).
No surprises - we provide advance warning of tax bills that are becoming due.
START-UPS
We can help set you off on the right path by working with you to select the best business structure for your needs.
Depending on which structure is selected, we can handle the administration required to set up your business in the required format.
CONTRACTORS & FREELANCERS
We can help contractors and freelancers who wish to work through their own limited company by taking them through the risks and benefits of working in this way.
We explain the IR35 legislation to those we work with, and make recommendations where necessary (e.g. contract reviews).
We can help make decisions around VAT registration and advise on the optimal remuneration structure for cash draw downs.
TAX MINIMISATION
Whether it’s questions around how to extract earnings from your company in the most tax-efficient way, or ensuring capital allowances are fully claimed, we will help you minimise your tax bill.
Hilife clients benefit from a scheduled tax minimisation review where legal tax saving opportunities are identified and communicated through an action plan.
SELF-ASSESSMENT
We complete, lodge and manage HMRC correspondence for clients in respect of self-assessment tax returns.
We provide a thorough review of returns lodged to ensure all reliefs are claimed where possible.
BOOKKEEPING
A simple and straightforward service designed to reduce time and hassle for owner managed businesses.
Scan/photograph expense receipts and invoices, send them to us, and we’ll do the rest.
VAT
We can advise on whether your business should become VAT registered.
We manage the registration process and can either prepare and lodge the returns on your behalf or review the returns once you have prepared them.
PAYROLL (PAYE)
We can run your payroll function for you by preparing the required pay slips, payment summaries and annual statements.
We will act as your contact point with HMRC to ensure that you are compliant.
AUTO ENROLMENT
We can help you manage your compliance with the Pension Act (as implemented in 2008) via supporting with employee communications, making the correct pay deductions, and then ensuring the right amounts are paid to the pension provider.