T Savage & Co

We have available various computer programmes to suit the requirements of your business.

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We can input all your sales and purchase invoices and payments and produce bank statements and trial balance.

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Our staff are well trained to handle many computer programmes to deal with: trading business including subcontractors and limited companies. We can deal with your Monthly CIS Returns, VAT returns, debtors and creditors control.

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We can also deal with non profit organisation, including charities and clubs. Through Money Soft we can create cost centres to handle various funds.

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Our work can be done at your premises if so required or at our premises if more than one staff is required especially to handle payroll, CIS as well as other bookkeeping services:

• Purchase Ledger

• Sales Ledger & Credit Control

• Bank Reconciliation

• Management Accounts

• VAT Returns & Reconciliation

• Payroll

You need to know on a regular basis the current financial position of your business.

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This will help you to decide and take the most effective management decisions as you go along.

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We can provide systems that would achieve this objective and produce monthly management accounts that would enable you to take prompt management action.

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We can produce sales and purchase ledgers, debtors and creditors listings, monthly profit and loss account and balance sheet.

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We can provide budget and profit forecast for your business and can provide comparisons with other years as well as monitoring all variations of actual from plan.

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Without a management account you will be unable to determine your current trading position and therefore, how to improve things.

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At T. Savage & Co. we pride ourselves on our totally independent and confidential service designed to help you manage more effectively.

Many businesses are finding it impossible to cope with the ever changing legislation regarding employment law and the late penalty regime. Besides it is expensive to employ someone in house to carry out payroll services. We can help. By outsourcing this service to us we will relieve the worry and stress by providing a computerised payroll service including monthly CIS Returns, thus avoiding the unnecessary fines.

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We offer a cost effective service that includes:

• Payslips together with summary for accounting purposes

• Departmental cost centres split

• Preparation and issuing of P45 Reports

• Year end P11, P35 and P14/60 Report

• Contractors certificates

Given the economic climate, all businesses need regular information at the very minimum cost. They also need to monitor their current financial position, apart from the preparation of annual accounts, for management, Inland Revenue or for other financial Institution.

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We prepare regular accounts for the self-employed, partnerships and statutory accounts for Limited Companies and Non-profit organisations.

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The accounts are discussed and reviewed with the clients and from these meetings advice is given in relation to taxation savings, tax liabilities and business prospects.

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We have well qualified staff capable of producing the service that grows from recommendation.

If you are a taxable person you must register for VAT and account for the liability every quarter.

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From time to time you will be visited by an officer from your VAT office. The reason for this is to ensure that the correct tax is accounted for at the right time.

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The accounting program used can generate VAT returns on a monthly or quarterly basis. The results are sample tested before submitting them.

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We have a fully computerised system that produces accurate quarterly VAT returns.

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Our system ensures that VAT returns can never be late and therefore, no surcharge is incurred.

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Payments are made promptly to Customs & Excise.

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The returns can be produce on monthly basis as part of management information.

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We also offer:

• Assistance with VAT registration

• Advice on VAT administration

• VAT control and reconciliation

• Completion of VAT returns

• Negotiating with HMRC in disputes

• Representing you in cases of VAT investigations

We can offer a wide range of support, not only make sure the computer is used efficiently but also to offer repair services in the case of computer breakdown.

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Our computer facilities and services include the following;

• Network cabling installations

• Maintenance and On-Site Repairs

• Upgrades and advice

• On and Off-Site training

• Low Cost Web Site Construction

During the preparation of your accounts we gather information which will enable us to advise on various taxation matters:

• Capital Gains Tax

• VAT advice

• Personal Tax

• Self assessment calculation and on- line submission to the Inland Revenue

• Corporation Tax calculations and returns

• Dealing with and representing clients in HMRC investigations

• Construction Industry Scheme

• Registration - For Contractors and Subcontractors

 

 

We are therefore able to advice you on matters such as:

• Complying with tax legislation

• Taking advantage of tax reliefs/opportunities

The services we provide are those that will normally be carried out by the secretary of the company:

• These may include Company Formation and Registration, including preparation of the Memorandum/Articles of Association

• Share transfer

• Change of name/registered office

 

 

The formation of a company can take up to three weeks, but could be shortened if so required with an extra cost.