Accounts & Compliance

GM Accountants & Tax Consultants provide a range of accountancy and compliance services to help you understand what the numbers actually mean for your business and its success. With our accounting knowledge and experience, we can take away the hassle of compliance in every area, allowing you to focus on your business worry free. We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and all statutory returns are prepared correctly and on time.

Annual Accounts Preparation

We can take the hassle of compliance away from you and free up your time to effectively run your business. We produce fully compliant financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.

With us you can take advantage of:

• All accounts will be filed on time and in order, so you don’t have to worry.
• Fixed competitive fees agreed in advance.
• All work is 100% guaranteed to comply with all regulatory bodies.
• Draft accounts and extra bound copies available at your request.
• Free Accounts review meeting.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.

Company Secretarial

Compliance with the various duties imposed by the Companies Act on directors can place an enormous administrative burden on your time. Failure to fulfil these duties correctly and within the specified time limits can result in severe penalties for you as a Director, potentially leading to disqualification and removal from the company register. The removal of this burden will allow you to focus all of your attention on running the core operations of your business, while your statutory obligations are taken care of.

GM Accountants & Tax Consultants offers a solution to this burden by assisting you with your company secretarial responsibilities. The company secretarial team will ensure that you comply with all legal requirements, including amongst other things the filing of your annual return forms and maintenance of the directors’ register.

We can help with all company secretarial based services:

• Company Formation
• Preparation and Filing of Annual Statutory Returns
• Maintenance of Statutory Books
• Preparation of all Documentation Related to Minutes and Resolutions
• Changing any Company Details Such as Directors, Addresses, etc.
• Adjusting, Transferring and Increasing Shares
• Winding Up Your Company
• General Advice on Company Law

Self-Assessment Tax Returns

There are many reasons why more and more people in the UK are now required to complete self-assessment tax returns. The UK tax system is onerous and complicated and HMRC will often issue penalties and charge interest on what can quite often be innocent mistakes. The number of tax investigations is continually rising and can place a great deal of stress on an individual. It is now more important than ever to get an expert to prepare your tax return.

We can save you a lot of time, worry, and money by handling your self-assessment tax return for you. We will do all the necessary computations, complete your return and always offer advice on how you can minimise your tax liability by availing all possible tax breaks.

We can act as your agent, dealing directly with the HMRC on your behalf and should you be selected for a self-assessment enquiry we will act for you at any meetings.

We can help you with:

• To sort through and analyse your paperwork, creating a profit and loss statement.
• Analysis of all your financial liabilities making sure you are claiming every relief you are entitled to.
• Our accountants will create your tax return, sending you a tax calculation for your approval.
• Once you are happy, they will then file this on your behalf, avoiding any late fines or penalties.

VAT Services

Value added tax is one of the most complex and onerous tax regimes imposed on businesses – so complex that many businesses inadvertently overpay or underpay VAT.

GM Accountants & Tax Consultants’ VAT experts can assist with a wide variety of VAT matters making sure you are collecting the right amounts for each transaction, and ensure that you make payments and file returns appropriately and on time.

We provide an efficient and cost-effective VAT service, which includes: