Accounting services

Financial control should act as a firm hand on the tiller helping guide your business in the right direction. 
Poor accounting information poses dangers: it can lead to regulatory penalties, missed tax saving opportunities and a failure to maximise business performance. 
A variety of matters help:

• Creating, recording and managing the required accounting documents (such as invoices, statements and payments)
• An accounting system that works smoothly and efficiently within your business process
• Accurate bookkeeping to create the correct data
• Accurate, timely periodic management accounts – including VAT returns and annual statutory reporting.
• Preparing formal accounts are completed to agreed deadlines. 

We can advise and assist with all of this. We will not shoe horn you into some standard system, rather tailor matters appropriately for you, offer advice where it is useful and do everything based on an up to date understanding of your on-going situation in a way that is designed to better it.

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Accounts Preparation

Our accounting services will help you to comply with all relevant reporting regulations including the preparation of full statutory year-end financial statements.
Once your accounts have been prepared, we will carefully guide you through the implications of your results. We examine the key ratios and comparisons relevant to your business.
At all times we present the information in a straightforward way to give you a clear snapshot of your business performance. We then talk through all the relevant issues to help you achieve continuing success.

VAT
VAT is not a single, simple tax. It is a complex and continuously evolving tax regime that many organisations find difficult to understand.
If you are undertaking a new project then we can help you ensure that you avoid VAT pitfalls.  We can work with you from the start to ensure that the project is implemented in the most VAT efficient manner. 
Land and property is a notoriously complex area for VAT purposes. We help you understand how option to tax, waiver of exemption, standard rate, 5% rate, zero rate may apply to your transaction.  It's an area where our specialist advice and support is proving valuable to clients.
We understand that whatever the size of your business there are VAT issues requiring guidance.  You might for example have a major contract that needs to be signed or you may need help in submitting your VAT return. 
Regardless of need, we are available to answer your queries and provide specialist advice that cuts through the complexity.

Payroll
Payroll is a business sensitive issue. Get it wrong and your employees will be unhappy. At tax year end, there are strict timetables for the submission of payroll records to HM Customs & Revenue. Get it wrong and there are penalties.
We have a dedicated team of payroll professionals who ensure that clients are in compliance and that employees are paid the right amount. Our payroll service helps you keep your administrative payroll costs to a minimum while ensuring your corporate payroll runs smoothly without taking up undue management time.
When you become a Berkeley Townsend payroll client, we assign you a dedicated member of our payroll team as a point of contact and to make sure your queries are resolved quickly and efficiently.
As an extension to our payroll compliance services, we can help you set up a web based system to record employees' time and expenses. this is especially useful for those organisations that have remote employees or mobile workforce because the web is available anytime, anywhere.

CIS
We also offer a comprehensive CIS administrative package, which takes into account all the recent changes implemented by HM Revenue and Customs and which makes the whole system much easier for contractors.
We will:

• Register contractors with HM Revenue & Customs (HMRC) for the CIS scheme.
• Verify your subcontractors with HMRC.
• Produce monthly statements of payments & deductions.
• Submit your monthly returns to HMRC.

We will make sure you comply with the legal requirements.

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Berkeley Townsend. 
In changing times – a certain service: experienced, expert and efficient.