Find out how we can help with tax returns, VAT returns, personal tax, tax planning, tax advice and financial reporting. Our accounting service is offered to all small business and business owners. Sleek offers a comprehensive range of accounting services in Leeds, including bookkeeping, end year accounts, VAT consultancy, payroll services, and more. We specialise in managing the accounts of companies of all sizes, ensuring compliance with UK taxation laws. We can also construction bookkeeping help you grow your business with R&D tax relief claims, as well as the SEIS and EIS schemes.
Financial Strategy
It requires an understanding of unique accounting principles and regulations specific to the industry. Construction accounting software can save you time and help keep you organized when managing your building projects. Construction software becomes a https://www.bignewsnetwork.com/news/274923587/how-to-use-construction-bookkeeping-practices-to-achieve-business-growth one-stop platform for everything from prices to contracts and compliance.
Expertise
We are a family business specialising in accounting, tax, bookkeeping and payroll services based in Horsforth, for small to medium businesses (SME’s) and individuals. We are a professional and friendly bookkeeping company based in Leeds, specializing in outsourced accounting solutions. Our mission is to offer customized and cost-effective solutions to businesses of all sizes, including sole traders. Our pricing is transparent and tailored to the scope of services required, whether it’s just managing your year end accountants or also providing payroll services or VAT returns.
Chartered Accountants Leeds – Welcome to Leon & Company
It looks particularly at the revenues, costs and expenses which your business has incurred over a certain period. Record every penny coming into and going out of the business and regularly reconcile bank statements with your business records. Ensure all financial documents, receipts, and invoices are stored safely in case they’re needed as evidence in the future.
Individual, Estate, and Trust Tax Returns
Never have I understood accounting perhaps I should but I always know if I need advice, Lisa and Mike and even their staff nowadays give a very quick, accurate and professional response. Lima Accountancy’s team of qualified accountants pride ourselves in offering first class accountancy support services to businesses throughout the UK. Bookkeeping is vital as it helps you track all your income and expenses. Without keeping your books tidy, you may miss important deadlines or make costly mistakes.
Save time
Tell us about your business and we’ll provide you with a simple solution. Focus on your growing your business while we handle all your accounting and payroll needs. Our accountants work on a fixed fee basis, giving you the peace of mind that there will be no hidden costs.
- Your focus should be on activities that generate income and deliver results.
- We will discuss your needs and provide you with a bespoke quote based on your requirements.
- Achieve a better work-life balance when you know that the key financial aspects of the business are being taken care of by respected Leeds accountants The Accounting Company.
- The director would usually be paid a salary from the company and the after tax profits of the company are distributable to the shareholders of the company by way of a dividend payment.
- “I have been a client of Lima Accountancy since they started to trade some years now.
The other option is to spend time learning how to do your business bookkeeping and invest in suitable accounting software to help. The profits that the business makes, as a sole trader, belong to the business owner and personal income tax is paid on these in the year in which the trading occurred. Whereas, the profits the business makes as a Limited Company belong to the company upon which the company pays corporation tax. A limited company is a vehicle for which you can run a trade through and is one of the options to be considered when starting a business. Many established businesses will also consider incorporating, this is when a trade is transferred into a limited company, previously having been run as a sole trader or partnership.