PK Accounting Service is expert in helping contractors, freelancers, and independent consultants and small to medium sized businesses operating through limited companies. We’ll manage your company accounts and corporation tax compliances.PK Accounting Service will file all the annual accounts limited companies are required to submit to Companies House and HMRC, including a full CT600 Corporation Tax Return. All of your accounts will be submitted in the correct format e.g. full accounts or abbreviated accounts. We’ll be fully compliant with your disclosure requirements.
You won’t have to worry about incurring any penalties because PK Accounting Service will make sure you never miss a deadline. we can take away the burden of the preparation of the final accounts for submission at Companies House. We have daily update sessions to keep us informed regarding all the latest changes in the law and to the accounting standards.We provide an efficient service whereby from your book-keeping records, no matter how simple or complicated, we guarantee to produce fully compliant sets of accounts for both Companies House and your company’s shareholders.
Well-presented and professionally prepared accounts can also help us to identify areas where we can help to minimise costs or improve your financial position. We can explain more.
Statutory / Company Accounts
Every company should essentially prepare its Statutory/Company accounts annually. The purpose of doing this would be to produce a simplified breakdown, an account of the financial state that the Limited Company is in that year and how it is performing.
At the end of the company’s financial year these assignments should be completed and submitted to:
- All Shareholders
- Companies House
What do Statutory / Company Accounts Involve?
Each statutory account is tailored to a company considering its size, for example:
The 5 types of Limited Companies in the UK:
- Dormant Company
- Large Company
- Medium-Size Company
- Small Company
Corporation Tax returns
Every Limited Companies should submit a Company Tax Return (CT600) and Company Statutory Accounts to Customs and the HM Revenue. This should include how Corporation Tax was calculated, including a Profit & Loss Account which is different to your Profit & Loss account for statutory accounts. PK Accounting Service Will help small-medium businesses organize and plan their tax strategies and showing them how to get more effective results.
There are strict penalties for filing late returns and interest is charged on tax paid late, so it is important that the deadlines, which are determined by your company’s annual accounting date, are adhered to.
Our accountants can assist with the preparation of company accounts, company tax returns and tax computations and will also be able to provide advice on any tax planning areas that may benefit you and your company.
Included in our Company accounts and Tax Services
- Annual Accounts prepared
- Annual Accounts Filings with Companies House
- Corporation Tax Return prepared
- Corporation Tax Return Filings with HMRC.
- XBRL tagging
If you need assistance with year end accounts and corporation tax, please drop us a line using our Online Quick Quote Form