Accounts

Like all our other services, we operate on a fully fixed fee basis. We provide a friendly, efficient and cost effective service in all of the following areas:

  • Personal tax returns and advice
  • Company tax returns and advice
  • VAT returns and advice
  • PAYE/NI compliance
  • Assistance with tax investigations
  • PAYE/NI compliance

In addition we offer a full tax planning service covering the following areas:

  • Income tax and national insurance
  • Corporation tax

Bookkeeping

Clients who do not have the internal resources to carry on this function themselves, or who prefer to outsource such services, can be fully confident that your records are being taken care of and that all relevant regulations and legislation are being complied with.

Our book-keeping service is cost effective and efficient and allows clients to choose from a monthly, quarterly or annual service

Payroll

Payroll Bureau

Taking the pain out of PAYE

A tailored service

With the AMA Business services PAYE service, you can phone to tell us how many hours your staff have worked or email our  payroll clerk, We’ll work out how much to pay and generate the payslips.

AMA is here to handle all the complications that come with PAYE. These include working out sick pay and maternity and paternity pay, not to mention submitting the statutory forms to HM Revenue and Customs under the new Real Time Information regime.

With AMA Business services handling your PAYE, you save administration time and hassle, giving yourself more time to run your business.

 

Making CIS easier too 

With penalties of up to £3,000 per return if you fail to keep the correct records and £100 per return per month if you are late filing the return, making mistakes in the Construction Industry Scheme (CIS) is an expensive business.

AMA Business services offers a specialised CIS service to contractors. We’ll deduct the necessary tax from your labour costs, prepare your monthly Revenue returns, ensure your subcontractors are verified and prepare their payment statements. In what is one of the Revenue’s strictest and most complex areas, AMA Business services will remove all the work and worry for you.

Self Assessments

Self Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.

Personal tax planning
Today, more and more emphasis is being put on taxpayers’ individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation

Vat and Flat rate Vat

Value Added Tax is one of the most complex regimes imposed on the business – so complex that many businesses inadvertently overpay or underpay VAT.  In addition the complexity means that valuable in-house resources could be deployed elsewhere in the business. The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of HM Revenue & Customs call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay more VAT than you need to.

We can provide you with a cost-effective VAT service, which includes:

  • Preparation of VAT returns.
  • Assistance with VAT registration.
  • Advice on VAT planning and administration.
  • Use of the most appropriate scheme.
  • VAT control and reconciliation.
  • Day to day advice on matters as they arise

Limited company start ups

Many people make the mistake of buying a company cheaply, particularly on the internet. But many factors need to be taken into consideration before rushing into what may appear to be a good deal. After all, forming the company yourself and making a mistake can be very expensive!

As your accountants our service includes help and advice with:

  • Appointment of directors;
  • Appointment of company secretary
  • Issue and transfer of subscriber share;
  • Advice on the pros and cons of incorporation specific to YOUR circumstances;
  • Completion of all necessary minutes and resolutions;
  • Assistance in opening a bank account;
  • Tax advice with regard to the formation of the Company
  • VAT registration
  • Company registration for corporation tax;
  • Set up of company payroll scheme;
  • Book-keeping set-up advice;

Corporation tax

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company’s tax liability.

The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.