info@epexon.co.uk

Our Services

Payroll

Payroll is a critical business operation and due to complexity of taxation and employment legislation it is very time consuming to administer payroll for most small businesses. Even the smallest employer with just a small number of employees has to keep up to date with a whole raft of payroll legislations. Outsourcing your Payroll processing can free up your valuable time to concentrate on your business growth. You can then rest assured that all your legal obligations are met professionally. We can take the strain of keeping your payroll up to date, freeing you to get on with the crucial aspects of the running of your business. We can help you in administering your payroll and meeting all deadlines to avoid any potential penalties. Just send us your variable payroll data for each pay period and we will process & submit it to HMRC accurately and on time for you.

We provide a comprehensive and cost-effective payroll service, including:

• New employer registration and help with PAYE Scheme set-up
• Weekly / monthly pay run
• Electronic / Paper payslips for each employee
• Submission of starters and leavers information to HMRC
• Sorting out the correct tax code for your employee
• Calculation of your monthly National Insurance and Tax liability
• SSP, SMP, Shared Parental leave and holiday Calculations etc.
• Pension Auto enrolment
• NEST & Smart pension solutions
• Fully RTI compliant
• pdf summaries and reports
• Dealing directly with MHRC queries
• P11D’s can be completed on client’s behalf at a fixed fee

We will deal with related queries and are happy to deal with the Inland Revenue on your behalf. We will ensure all statutory deadlines for submission are met comfortably, without any fuss.
Please drop us an email for further information CLICK

Book-keeping

All businesses are legally required to keep a good record of your business transactions from the beginning. It is very essential to keep accurate business records to keep all your tax affairs up to date. It is quintessential for all businesses to maintain and keep accurate financial record as inadequacy may lead to any potential business loss and penalties recently imposed by the HMRC. There are no set rules on how you must keep records. You can keep them on paper, digitally or as part of a software program (e.g. book-keeping software).

Bookkeeping can become a time-consuming burden for many small businesses so why not let us take this strain away and handle this for you. We can help you in writing up your books in a professional manner to accomplish your bookkeeping and accounting needs.

Basic Business Record:

• All sale invoices, till rolls, including cash receipts
• Bank and credit card statements
• All purchase invoices, expenses including cash purchases
• All motoring expenses and mileage records
• VAT sales and purchase invoice

 

• Bank statements
• Chequebook stubs
• Paying-in slips
• Details of all staffing costs
• VAT account.

Our aim is to deliver a quality bookkeeping service of a consistent standard so that you can concentrate on the core of your business.

Final Accounts

Final accounts are set of financial statements which give an up-to-date position about the profitability and financial position of the business. The true and accurate information provided in these accounts is very vital not only for the managers and owners of the business to make decisions, but also very important to calculate and pay accurate tax liabilities. These financial statements are also very helpful to assess and compare the business performance.

We can help you to prepare your business accounts as well as to fulfil all your statutory obligations. Once we have prepared the accounts and you have approved them, we can compute your tax liability by preparing self-assessment tax returns, and submit them to HMRC. Our friendly and professional Accounting Services can free up your valuable time to concentrate on enhancing your business sales and profitability. To discuss a full quote according to your business requirements please contact us.

Self-Assessment Tax return

Self-Assessment is a system used by HM Revenue and Customs to collect Income Tax where you report your income other than PAYE. Anyone who works as self-employed, running their business or working as a freelancer will need to complete and submit a self-assessment tax return. You must also complete a self-assessment tax return if you have other income sources like income from renting out a property, income from savings and investments or if you have any foreign income etc.
Completing your self-assessment tax return can be a time-consuming and stressful process. Epexon can help you to complete and submit your tax return for you and ensure that every element of it is completed accurately and on time. Our friendly services will also ensure that you can claim all necessary legitimate allowances available to reduce your tax bill.

Our professional and efficient service will ensure we:

• Complete your Self-assessment tax return as per your instructions
• Submit your tax return with HM Revenue & Custom approved software
• Calculate your tax liability

 

• Help you pay your tax liabilities on time
• Avoid any late filing penalties.

Please Get in touch for more information and how we can help you with your Self-assessment tax return

Feel free to get in touch with team epexon.