The main area of our services is the production of financial accounts to ascertain the profitability your business and ultimately the amount of income tax or corporation tax payable, depending on your trading entity.
We will prepare your financial accounts from the records you supply. These may be incomplete i.e cheque books, paying books and bank statements or a fully balanced set of books. Our accounts production is fully computerised and we have available a reasonably priced software package that enables you to produce monthly figures and the facility to email the data directly to us for the year end.
We can advise you on the setting up of your record keeping system which will provide a more cost effective end result when it comes to our costs.
We can provide a complete VAT recording service either on a monthly or quarterly basis depending on your requirements. We can deal with ‘Cash Accounting’ or ‘Normal invoicing’ basis of VAT. We will list all inputs and outputs and reference the supporting invoices so as to provide an organised set of records to be easily used in the production of annual financial accounts. If you use our VAT service this has a cost reduction on our production of you annual accounts as it is all done ‘in house’.
Mrs Mandy Zakis is the VAT expert and she has had many years experience in dealing with HM Revenue & Customs VAT compliance.
Value added tax is complex and onerous let us help you file your returns on time and stay in the ‘Good books’ of the VAT man!
We deal with and can provide advice on:
- as a self employed person or partner
- as a higher paid employee or director on PAYE
- the impact of benefits in kind
- repayment claims for individuals
- Corporation tax - profits of the limited company
- Capital Gains Tax - on disposals of chargeable assets by sale or gift
- Capital Allowances - claims available for businesses
An ongoing attendance of monthly professional tax seminars is undertaken so as to keep abreast of current legislation and the impact this has on your business and ultimately the tax you pay.
We complete and computerise your annual self assessment tax returns and these are submitted to HM Revenue & Customs via the Internet. This provides an immediate response from HMRC that the return has been received safely and assist in meeting the 31st January filing deadlines.
“Michael Zakis has been my accountant for over 10 years. He offers an excellent service, is very professional, well organised and straightforward. His interpersonal skills are first class and he works to the very highest level of professional integrity. I can unreservedly recommend him.”Michael CabotArtistic Director - London Classic Theatre www.londonclassictheatre.co.uk
“Mike Zakis has handled both our business and personal accounts ever since we started our own business. He is invariably efficient and professional while being at the same time friendly and approachable. We have no hesitation in recommending him.”Mike and Janet Brundell - Devon
“I have known Mike Zakis in both a private and business capacity for a period in excess of five years. During this time I have always found him to be totally honest and trustworthy in all his dealings and a man of his word.”Mr Peter Stone - Solihull