The VAT Plan

The VAT Plan is ideal for a business which is VAT registered and requires VAT returns as part of its compliance requirements.

Whats included?

Cloud Accounting Software

This plan includes a free subscription to Xero accounting software (worth £260 per year), giving you real-time access to your accounts.

Monthly Profit and Loss Reports

Regular bookkeeping will keep your profit and loss report up to date, so you can just log in and see your business performance at the click of a button.

Company Accounts

Your end of year accounts will be prepared. We will provide you with a copy to approve and as soon as you give the go ahead, we file the accounts to Companies House on your behalf.

Company Tax Returns

Upon approval of your company accounts, we will calculate the final tax liability, prepare and submit the return to HMRC.

Personal Tax Returns

Assessing the income taken from your company, we will calculate any additional taxes due on wages and dividends and file your personal tax return to HMRC.

Confirmation Statements

It is a legal requirement to ensure that the details which are held on the company register are accurate and up to date. We will file a confirmation statement once a year to confirm that this is the case or update any required details.

Payroll Returns

This plan also includes payroll for up to 3 employees. We will calculate the tax liabilities and prepare payslips for your employees. We will also provide you with a breakdown of payments to make to HMRC and your employees.

Pension Returns

For those who have require pension payments, we will file the returns on your behalf and provide you with a breakdown of payments to make.

VAT Returns

In compliance with Making Tax Digital, we will prepare your VAT returns on cloud accounting software and file your VAT returns on your behalf.

Debtor Reports

At any point in time, you will have access to a report which shows you how much is owed to you by your clients.

Common Questions?

How do I know the VAT plan is right for me?

The VAT Plan is ideal for a business which is VAT registered and requires VAT returns as part of its compliance requirements. 

Your company has reached the VAT threshold and you need to file VAT returns.

How do I switch from my current accountant?

We will manage the handover directly with your current accountant to ensure a smooth transition. We will write to them requesting any documentation we may need to get started including VAT details.

An accountant is a lifetime investment, I want to be sure that I am hiring theright firm, can I trial your services?

Our initial engagement period is for 12 months, but we want you to be absolutely sure that you have made the right decision.

If for any reason you decide not to continue with us within the first 4 months, you will be under no obligation to complete the 12 month engagement period.

Just drop us an email and we will cancel your subscription.

What are the next steps?

Call us on 020 7515 5883 for an initial assessment of your accounting needs. We will ask you a few questions and suggest which plan will be most suitable for you.

The VAT Plan

£125

Per Month

Ideal for businesses which is VAT registered and requires VAT Returns as part of its compliance requirements.

Cloud Accounting Software

Monthly Profit and Loss Reports

Company Accounts

Company Tax Returns

Personal Tax Returns

Confirmation Statements

Payroll Returns

Pension Returns

VAT Returns

Customer Reports

2013-2019 © Copyright SK Accountants Ltd. All rights reserved.