Accountancy
Our Chartered accountants take away the headache of accountancy with a fixed-fee service built around you. This gives you time to focus on your business both now and in the future.
Accountancy Made Simple
Your accounts. They’re one of the most important aspects of running a business, but for most owners, they’re one of the biggest headaches. It’s not hard to understand why, either, and we appreciate that you probably didn’t start your own company because of a passion for accounting.
Fortunately for you, that’s exactly why we started ours.
Get in touch to get startedFortunately for you, that’s exactly why we started ours.
With a comprehensive accountancy service built around your requirements, no matter the size of your organisation, we make sure your accounts are accurate and up to date. This leaves you to focus on what matters to you - running your business.
What does accountancy look like with JFS Torbitt?
At JFS Torbitt, our accountancy service is purpose-built around you and your requirements with a clear, fixed fee.
Whether you’re a one-man-band completing your self-assessment tax return, or a limited company with hundreds of staff in need of complex annual account preparation, we’re here to make your life easier so you aren’t caught out by HMRC.
All in all, we offer a range of accountancy services to sole traders, SMEs, partnerships, and limited companies of all sizes. These include:
Whether you’re a one-man-band completing your self-assessment tax return, or a limited company with hundreds of staff in need of complex annual account preparation, we’re here to make your life easier so you aren’t caught out by HMRC.
All in all, we offer a range of accountancy services to sole traders, SMEs, partnerships, and limited companies of all sizes. These include:
Annual Account Preparation
Your yearly accounts are a necessity for your business and also, one of our specialities. Leaving no stone unturned, our Chartered accountants make sure everything is prepped for any deadlines so your business can continue operating.
Management
Accounts
Built to help you make better strategic decisions and work towards financial goals, find peace of mind with regular and bespoke management account reports. This allows business owners to steer the ship more effectively, scaling the business as you go.
HMRC Investigation
Preparation
It sounds daunting, but an HMRC investigation is generally more time-consuming than anything else. We help remove the stress it can cause and take it off your hands, providing a thorough service that prepares you for anything HMRC can throw at you.
Payroll (PAYE) &
Pension Records
Make sure your records are kept up-to-date regarding your employees. Our Chartered accountants cover everything from leave to sickness, tax code notices, expenses, and more.
VAT Records
Completion
For UK-VAT registered companies, our service covers all VAT compliance, from deadlines to control and reconciliation, and everything in between.
Complete Self-Assessment Tax Returns
Self-assessments are crucial as a sole trader, so it pays to get them right. We help you with whatever you need, no matter how complex or simple.
WHY CHOOSE OUR ACCOUNTANCY SERVICE?
- Stay in controlAn unexpected tax bill can be hugely detrimental to any business. With professional accountancy from JFS Torbitt, you’ll know what’s coming from the taxman and how to deal with it. You’ll also be able to boost your cashflow and plan properly for the future, removing the stress of tax.
- Reduce tax liabilityRunning a business is one thing, but running a tax-efficient business is something else entirely. Helping you be as tax-efficient as possible, regardless of your business size, our Chartered accountants enable you to make the most of your finances whether a sole trader, limited company, or anything in between.
- Grow your businessAs well as reducing tax liabilities, we can help you grow your operations and outperform your previous ambitions. Understanding what makes your organisation tick, we use extensive knowledge of all things accountancy to help you move forward with confidence.
- Save timeTax is often time-consuming and keeps you away from doing what you do best. With an understanding of tax rules and regulations, not to mention deadlines, we save you massive amounts of time which you can spend boosting your business operations.
Get in Touch
With no time for jargon and clear, honest, simple advice at the ready, our Chartered accountancy experts are waiting to help you and your business.
Let's talk
Business accountancy FAQs
When should limited company accounts be filed and paid?
Your accounts should be filed with Companies House within 9 months of your financial year-end. Any Corporation tax must then be paid to HMRC within 9 months of your company year-end. Your accounts need to be filed with HMRC within 12 months of your year end.
Which expenses can be put through my accounts?
Any wholly for the purpose of business-related expenses can be included in your accounts. For sole traders, this can include subscriptions, the equipment you use for work, and an allowance if you work from home.
For employees and directors, there are more options, which we can help you with.
Are inactive and dormant accounts the same thing?
No. An inactive account refers to a closed account that can never be used again. A dormant account, on the other hand, isn’t operational, but can be used at some point in the future.