Simon Harris and Co

This is the core service that we offer as accountants. Once a year, in order to comply with legislation, every kind of business entity will need to compile accounts - whether for submission to Companies house or to be included on a tax return for submission to HMRC.

We take the stress out of completing your self assessment tax returns. You need to complete a tax return if you are self employed, have rental income from property, have income which has not already been taxed, are a company director or are a higher rate taxpayer.

Business owners are legally obliged to keep accurate records of all transactions. Good bookkeeping also helps your business to manage and control finances and plan for future growth. For new companies, rapidly growing companies and owner managed companies this can be a daunting task.

We can take this pressure off your hands and leave you to run your company. Initially we will establish the records you will need to compile, we will then work with you to put systems, that you feel comfortable with, in place that you feel comfortable with.

Value added tax is one of the most complex and onerous tax regimes imposed on a business and there are penalties for failing to comply. As a consequence VAT is responsible for causing considerable fear and anxiety within businesses.

Initially we ensure that, as a company, you are accounting for VAT using the most appropriate scheme. We then aim to support you as queries arise during your day to day transactions and, with constantly changing regulations, this is a common occurrence.

Operating a payroll in house can take time and places a burden on businesses. It is also vital to stay on top of continuously changing legislation which is not always easy. It is not just as simple as ensuring tax and national insurance deductions are calculated correctly, there may also be pension payments, benefits etc. Statutory deadlines need to be adhered to, or there will be penalties and interest.