Jackson-Scott Associates Limited

Services

Our services cover everything you would expect of an Accountancy firm, Accounts preparation, book keeping, taxation and tax returns.
We also have more specific and other general services on offer. We offer a payroll service for example.

You can get more information on each service from the decription under each service heading.

Accounts Preparation Services

Whatever your trading style, we can help you with your accounts. We provide services for limited companies, sole traders, partnerships, Limited Liability Partnerships, clubs and associations, landlords and property management companies.

We pride ourselves that we don't just "number crunch" but review your accounts with you and offer advice, based on our knowledge of your business and the market in general. We ensure we are fully up to date with all legislation affecting accounts and related tax returns.

With our major commitment to computerisation, we can process work quickly and also maintain very competitive fee levels.

For more information or to discuss your specific requirements, please call, email or simply drop in.

Limited Company Services

We offer a full service for limited companies, covering all aspects from formation, accounts preparation, corporation tax calculations and planning, PAYE and CIS, book-keeping to company secretarial services.

Accounts are completed following the current accounting standards and produced in the required statutory format. We are able to submit your company's accounts to Companies House using their web filing system once they have been approved by the board of directors.

Corporation tax is calculated and returns are completed and submitting the annual return on line to HMRC using specialist software. On line submission will soon be mandatory for companies of all sizes.

Ltd Company Formations - Checking that your chosen company name is available, registering you with Companies House and any other related work. An express service is available, if you need to protect your trading name in a hurry.

The company secretarial service includes preparing and submitting the annual returns to Companies House, again electronically, advising Companies House of any changes to the company, preparing minutes of board meetings and resolutions when required. This will take the worry from you and allow you to concentrate on what you do best.

For more information or to discuss your specific requirements, please call, email or simply drop in.

Book-keeping Services

The general day-to-day paperwork involved and generated by running your own business can become overwhelming and incredibly time-consuming. Our book-keeping service is perfect for keeping track of and recording your income and expenditure, freeing you up to concentrate on other aspects of your business.

We can act as your virtual accounts department, preparing and sending statements to your customers and producing remittance advices for your suppliers. In fact, we can do as much or as little as you need. However, by letting us take on all the functions of your accounts department, you can greatly save on employment costs, such as holiday, sick pay and Employer's National Insurance etc.

Our book-keeping service is normally run through the TASBooks programme, which is very similar to Sage, but gives clearer reports and is more flexible to use. The management reports can be tailored to give you the information that will help you make management decisions for your business. For example, regular reports can show seasonal variations or highlight potential problem areas.

If you prefer to carry out your own book-keeping, we are happy to accommodate your preferences and can provide support and advice should you need it.

For more information or to discuss your specific requirements, please call, email or simply drop in.

VAT Service

With the ever changing regulations for VAT we can take away the worry of calculating and submitting VAT returns by completing them for you. This may be part of a book-keeping package, or just overseeing the maintenance of basic records to complete your returns.

With the wide range of VAT schemes and regulations, we can help guide you through the following maze of available schemes:

The Flat Rate Scheme, a very basic calculation saving major analysis work.

The Global Accounting Scheme, for those who trade in secondhand items,
such as used spares or bric-a-brac.

Retailer schemes, for those who sell goods with varying rates of VAT.

Trade between EC countries requires INTRASTAT Returns.

Involved in Exempt supplies? Partial exemption applies to you.

For more information or to discuss your specific requirements, please call, email or simply drop in.

Outsourcing - a service to other practises

Rather than employ permanent staff to look after your clients' basic book-keeping and payrolls, you may have considered or even used an overseas outsourcing service. Many companies have found this not as cheap as it first appeared. A lack of knowledge of British tax and business regulations and the problems of long-distance communications, have lead to breakdowns in workflow, stress and frustration over poor work and delays and even loss of clients. Can you really afford this?

We are proud to offer you an alternative solution. We may not be as cheap as some overseas companies quote, but we are reliable, knowledgeable and local. We are also registered under the Money Laundering Regulations and Data Protection. We use up-to-date software and can complete any work up to full audit standard if required. We act as a payroll bureau and are fully up to speed with the CIS regulations and procedures.

Confidentiality is guaranteed - we would never contact your clients directly unless you specifically instructed us to do so and only then in the manner you direct. Document security is assured as we can collect work to be done and return it personally, if required. Our company code of ethics would ensure that we would never consider trying to "poach" your clients, as your practise would be deemed our client.

If our service could be of interest to you, Sue would be pleased to visit you and discuss your needs, and how we could help. This would certainly be a no-obligation meeting but may well prove to be of mutual benefit.

Taxation Services

With the tax regime becoming more complex and more emphasis being put on taxpayers' individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements. We offer a specialist personal tax service tailored to your individual needs. At Jackson-Scott, we can prepare your personal income tax and, where necessary, capital gains tax return together with all supporting schedules as well as calculating your tax and Class 4 National Insurance contributions.

We are able to submit the tax returns online to HM Revenue and Customs using our dedicated software, reducing the likelihood of any complications as well as receiving an almost immediate acknowledgement of its receipt. Very soon it will be mandatory to submit all returns on line.

On line submission is the safest way to guarantee that your returns are received by the due dates to avoid any unnecessary penalties.

We will advise you of the amounts of tax and National Insurance contributions to be paid and the dates by which you should make the payments. In addition to this we can review your current income status to determine whether payments on account can be reduced.

As your agent, we will deal with HM Revenue & Customs regarding all aspects of your tax position, including any amendments that may be required to your return and a Revenue Enquiry, should one be opened. As the Revenue is obliged to review one in ten returns every year, there is always the chance you may be subject to an enquiry. To alleviate the costs involved, we are able to offer fee protection insurance.

Other areas of taxation that we can advise and assist you with are:

Lettings - accounts and property pages of the self assessment returns, including buy-to-let property income, holiday homes and the Rent-a-Room Scheme.
Capital Gains Tax - planning advice and calculations of tax due.
Inheritance Tax - planning advice and calculations.

For more information or to discuss your specific requirements, please call, email or simply drop in.

Statements of Employment

Often these are overlooked when taking on employees but is something that Employers are legally obliged to provide. We can supply a basic Statement of Employment covering all the legally required elements and thus ensuring that you are acting within the law for your employees. Also see The Employment Contract for more detail.

Worker Status Reviews

Legislation is in force that determines worker status. HMRC looks for a "master - servant" relationship and states that "employment status is a matter of fact, not a matter of choice".
We can prepare a thorough review of your work force, from one worker upwards, to guide you and ensure your compliance with these regulations.

Payroll Service

We are able to provide a comprehensive package, individually tailored to suit your requirements for payroll.

Whether you are a Sole Trader, Partnership or Limited Company, the responsibility of Employers to provide, complete and submit essential documents can be overwhelming, especially when trying to keep on top of running your business and all the many other regulations.

We understand that the required paperwork to operate payroll can be daunting and also worrying to some, therefore we take great pride in being able to take away this burden.

We offer and provide the following for all payrolls: -

Pay slips - weekly, bi-weekly, monthly or quarterly.
Detailed reports for all the above routines.
Reporting by post, fax or e-mail.
Calculation of national insurance and income tax, sick pay, maternity leave, pensions, overtime, bonuses etc.
Payment to HMRC and a report telling you how much to pay HMRC and when.
Record of annual holidays.
Completion of P45's.
Representation with HMRC on your behalf in all matters concerning your PAYE.
Direct bank transfer payments to your employees - by special arrangement.
Completion and submission of Year End routines.
Plus support and guidance throughout.

For more information or to discuss your specific requirements, please call, email or simply drop in.

Construction Industry Scheme (CIS) Services

Here at Jackson-Scott we understand that the legislation relating to CIS can be complicated and time consuming to some and we take great pride in being able to relieve this responsibility.

As a contractor you are no doubt aware of your responsibility to provide and keep accurate records of any subcontractors you may use. This can be a time consuming and confusing chore for many people and is often ignored by those who really just want to 'get on with the job'.

The monthly returns can also be difficult. If you're not completely comfortable with the Internet and are not prepared to spend your valuable time on the telephone to the Revenue, how will you "verify" your subcontractors? Do you have all the correct information? Are you convinced they fit the legal parameters to be self-employed?

Then there are the statements you need to provide for the subcontractors you use. These need to be supplied monthly and with the correct deductions made.

Do you really know how much risk you are taking if you get things wrong?

We specialise in looking after people who just want to get on with building their own business and if you put your paperwork in the 'to do later tray', maybe we can help you!

Our fees are very competitive for this type of work, and can start from as little as £25.00 + VAT per month for up to five subcontractors.

We can also help out with any payroll issues you may have and are able to provide a complete, individually tailored package to suit your needs.

We offer and provide the following for all Contractors:

Verification of sub-contractors with HMRC.
Spreadsheets for you to enter required sub-contractor payments.
Calculation of tax to be deducted and paid over to HMRC.
A detailed statement for each sub-contractor used.
Forwarding of statements directly to sub-contractors if required via post, fax or email.
Complete and forward Monthly CIS Returns to HMRC.
Representation with Inland Revenue on your behalf in all matters concerning your CIS returns.
Worker status review and guidance.
Plus support and guidance throughout.

If you would like to find out more, please email, call or drop in to our office and speak to Sue without any obligations.

General Services

In addition to all the services you would expect from your Accountant, we can offer other helpful services, many of which are available for non-clients as well.

Amongst these are:

New Business Advice - It can be quite a task to formulate your business plans in the manner that investors would prefer. We are happy to look over your projections and offer advice on your plans.

TASBooks Training - Many of clients prefer to carry out their own book-keeping and ask us for advice on which software programmes are the easiest to use. We use TASBooks here and have found through experience that this is very user friendly and incredibly flexible. We can offer on-site training on the best use of TASBooks for your requirements to help you complete your own book-keeping.

Postal Address for your business -We can offer an alternative address for your business correspondence. Useful if you have important, registered mail arriving and are not available to sign for it.

Free Monthly Newsletter - We prepare a review of changes in tax, VAT and National Insurance, plus other items that affect businesses. We give updates on new legislation that affects businesses, such as Health & Safety. This is sent out with any outgoing post, e-mailed monthly and can be viewed here.

Faxing - Our faxing service is open to all and is regularly used by local residents and clients alike.

Photocopying - Like our faxing service, we also have a convenient photocopying facility.

Scanning - We can scan your documents and save them in a variety of formats and even email them for you.

For more information or to discuss your specific requirements, please call ( Tel: 020-8288 1525 or 020-8786 7907 ), This email address is being protected from spambots. You need JavaScript enabled to view it. or simply drop in.

Web Design Service

No website, but would like one?

As Sue announced in the November 2009 newsletter now offer a Web design service.

The design can be based on a simple set of static pages showing your products or services to a site
with lots of contents where you wish to interact with your users in blogs, or chat rooms or simply
offer lots of things for them to do or read.

Call This email address is being protected from spambots. You need JavaScript enabled to view it. to chat about your requirements and how best they can be achieved.

Subcategories

Accountancy

Our services cover accounts preparation, Limited Company specific accounts, tax, formations and secretarial services. A taxation service providing advice and support for individuals and businesses alike and a comprehensive payroll, book keeping and VAT service.
You can get more information on each service from the articles below.
Taxation

We offer a specialist personal tax service tailored to your individual needs. At Jackson-Scott, we can prepare your personal income tax and, where necessary, capital gains tax return together with all supporting schedules as well as calculating your tax or Class 4 National Insurance contributions
Payroll

We are able to provide a comprehensive package, individually tailored to suit your requirements. Whether you are a Sole Trader, Partnership or Limited Company.
You can get more information on each service from the articles below.
CIS

We can "verify" your subcontractors? Do you have all the correct information? Are you convinced they fit the legal parameters to be self-employed? We can help.
Then there are the statements you need to provide for the subcontractors you use. These need to be supplied monthly and with the correct deductions made.
Do you really know how much risk you are taking if you get things wrong?

We specialise in looking after people who just want to get on with building their own business and if you put your paperwork in the 'to do later tray', maybe we can help you!
General

In addition to all the services you would expect from your Accountant, we can offer other helpful services.
See below or more details
Internet Site Design

The design can be based on a simple set of static pages through to full eCommerce systems.