Features

Accountancy Hub follows the salient features to make your Accounting in action

  • Transactional Record

    To Identify economic events relevant to its business and recording those events keeping chronologically and systematically

  • Reliability and Protectivity

    To provide reliable accounting information to different users, and To protect the organisation from the possible risks.

  • Prompt Service

    Accountancy Hub always provide service promptly to make comfortable and convenient to our clients.

  • Communicating

    A vital element to communicating financial data is the accountant`s ability to analyse and interpret to report the information

    YOU Grow Successfully with outsourced Accounting Practice

    Services

    Annual Accounts Preparation

    Your company’s annual accounts - called ‘statutory accounts’ - are prepared from the company’s financial records at the end of your company’s financial year. Statutory accounts must include:

    • A ‘balance sheet’, which shows the value of everything the company owns, owes and is owed on the last day of the financial year
    • -A ‘profit and loss account’, which shows the company’s sales, running costs and the profit or loss it has made over the financial year
    • -Notes about the accounts
    • -A director’s report

    At Accountancy Hub, we understand that every business is different and we always take the opportunity to gain a full picture of each business we work with.

    As well as compulsory accounting duties, such as filing your year end accounts or VAT returns, we can also assist you to plan for the future of your business and assist you to make the most of the talents within your company.

    Book Keeping

    Book keeping is an occupation of keeping records of the financial affairs of a business. We can provide accuracy in providing bookkeeping services tailored to suit your specific business needs. Book-keeping can be a complicated process. We offer book-keeping services to businesses of all sizes and budgets.

    Our highly experienced accountants use Quickbooks, VT transactions and Excel. Our book-keeping services include the following:

    • -Data entry of records
    • -Bank reconciliations
    • -Preparation of invoices
    • -Processing of invoices
    • -Creditor ledger
    • -Debtor ledger
    • -Trial balance
    • -Balance sheet
    • -Profit and loss account

    Business Plan

    A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. Business plans are essential for every business to plan the future of its business and also to help the business to run the business efficiently.

    We can assist with all forms of the business plan including:

    • -Business strategy and objective setting;
    • -Budgets;
    • -Cash flow forecasts;
    • -Profit forecasts;
    • -SWOT analysis;
    • -PESTLE analysis.

    Company Formation & Secretarial

    We can provide company secretarial support services, including the provision of a registered office address facility, the provision of a named company secretary and fulfill the compliance with all aspects of company law and filing requirements

    There’s more to consider than just purchasing a cheap established company on the internet!

    We can help you with company incorporations for…

    • -Readymade shelf company (LTD)
    • -Tailor made company (LTD)
    • -Limited Liability Partnership (LLP)
    • -Public Limited Company incorporation (PLC)

    -To check the availability of a limited company name, you can check by visiting this URL. Type in the name you want, select the option for “Company Name Availability Search”.

    -Our company incorporation packages can include…

    • -Advice on the advantages and disadvantages of incorporating a limited company in your own situation;
    • -Appointment of company directors;
    • -Appointment of company secretary;
    • -Allot of subscriber shares;
    • -Registered Office services;
    • -Completion of all necessary minutes and resolutions;
    • -Assistance in opening a bank account;
    • -VAT registration;
    • -Company registration for Corporation Tax;
    • -Company registration for PAYE scheme;
    • -Assistance with raising finance through debt finance or equity finance

    Contractors and IR35

    We guide those contractors who fall under the IR35 rules. They are liable to Schedule E taxation and National Insurance (N.I.)

    Financial Services - Pensions , Investments , etc...

    We assist the financial services like Pensions; Life assurance; Investments; Critical illness; Income protection; Mortgages; Elder care; Private medical;

    Raising Finance

    Businesses can sometimes find it difficult to raise finance, but this can be eased by issuing shares to interested parties to have share in the company, or apply to bank for loan to run the company and generate income.

    Management Accounts and Information

    We strongly prepare you to involve decision making in partnership Management, Performance management systems and financial reporting.

    Payroll and PAYE Returns

    We direct you how to report and paying HMRC, make deductions from the employees.

    We also help you with Inland Revenue Registration including auto-enrolment, production of payslips, calculation of tax and national insurance liabilities.

    Auto Enrolment

    Auto enrolment is a government initiative to help more people save for later life through a pension scheme at work.

    Automatic pension benefits for the employed people: Before, many workers missed out on valuable pension benefits, because their employer did not offer them a pension, or they did not apply to enrol their company’s pension scheme.

    Since its introduction, auto enrolment changes this. It makes it compulsory for employers to automatically enrol their eligible workers into a pension scheme. The employer must also pay money into the scheme.

    Personal Tax

    We provide a general overview of personal tax-related issues for individuals, including information on tax credits and reliefs. we prepare the required documents to submit your personal tax.

    Personal tax services are available both for business owners and private individuals including… dealing with all forms of Self-assessment (tax returns), tax enquiries, computation of liabilities by sending P32 report, dealing with clients’ compliance.

    Property Tax

    Property tax is a very complex area of business and requires advise on issues such as tax reduction for rental income, use of a limited company versus other business media

    Tax Disputes

    Disputes can arise in all sorts of areas outside of full enquiries and investigations including… employment status disputes, capital allowances, matrimonial legislation – husband and wife company scenario, IR35 and valuation for tax purposes.

    Tax Planning

    Whilst completion of tax returns and statutory tax duties are of significant important, all accountants should be capable of completing them and advising you of your assets and liabilities.

    We can assist with tax planning in relation to…

    • -Personal taxes
    • -Business taxes
    • -VAT planning
    • -Inheritance tax strategies
    • -Capital Gains

    Tax Enquiries and Investigations

    Clients’ should be aware that they should declare all income, if they fail to do so; HMRC can seek to impose penalties following an inquiry. HMRC can also impose interest on the late payment of the tax return.

    VAT Registration and Deregistration

    For VAT registration we can help with assessing if you require to or if it would be beneficial to register, completion of the VAT registration forms and formalities, and assessing on the best VAT schemes to use appropriate to your business needs.

    VAT De-registration: for VAT de-registration we can help with assessing if your VAT taxable income falls below the de-registration threshold to de-register your business medium from VAT.

    VAT Returns

    You usually submit a VAT return to HM Revenue and Customs every three months. This period of time is known as your ‘accounting period.’

    The VAT Return records the following things:

    • -The initial VAT registration
    • -Submission of quarterly VAT returns
    • -Negotiations with HMRC to reduce a VAT scheme

    VAT Planning and Disputes

    Compliance with VAT is becoming more complex, investigations from the HMRC can be intense.

    Inheritance Tax Planning

    We can guide you to reduce the Inheritance Tax and that tax payment can be avoided by making gift to your partner, Family and friend, Pay to charity etc.

    Capital Gains Tax

    Capital Gains Tax is a tax on the increase in value of your possessions such as a second home, antiques or shares during the time you have owned them. you need to have made a certain amount of profit on your items to be taxed on them. this amount depends on whether you’re a basic rate or higher rate taxpayer.

    You pay CGT on the following:

    1. 1. A second property;
    2. 2. Shares;
    3. 3. The sale of a business;
    4. 4. Valuables such as jewellery, antiques and art.

    However, you don’t have to pay CGT if you sell a car, or if you make a profit on selling your own home.

    INDUSTRIES

    We render our services by and large to the following clients

    1

    Doctors

    We work closely with numerous Doctors including locums and can offer specific advice on issues such as allowable expenses and buying or selling practices. We can help in finding the finances to start a practice, complete your annual tax return and work with you to design the best possible exit strategy for your business.

    2

    Pharmacists

    We work closely with numerous pharmacy professionals and have built a unique insight into their specific requirements and working demands. If you are a self-employed pharmacy, we can help you assess its viability and arranging finance. At Accountancy Hub we encourage all of our clients to do so and help them to formulate plan. We pride ourselves on working closely with our pharmacy professionals and we encourage the use of targets and goals both to assess the business’s current performance and improve it going forward.

    3

    Business

    We also work with entrepreneurs and their specific requirements. we encourage all of our clients to formulate plan to achieve their targets and goals. We assess business performance from time to time for further improvement.

    4

    Restaurant

    We host the financial services for restaurants, pubs/bars, hotels. Generally, there is a furious competition to these leisure entrepreneurs with very tight budgeting, cash flows and dynamic trends and demands. We promptly and honestly commit to serve these.

    5

    Shops

    Small retail stores regardless of size are responsible for its own accounting to supply the financial information. Regulators require tabs on its business growth and performance. Shops face several special accounting challenges in the form of limited resources in the process of accounting.

    6

    Travel Agency

    The services are recommended for aspiring wholesale and retail travel business owners, supervisors, managers and independent travel consultants.

    About Us

    Accountancy Hub is a UK firm of Accountants based in North West London, established in 2009. Our firm provide a wide range of services in the areas of Accounting, Taxation and General business advising of businesses and individuals.

    We provide Financial Accounting, Book-keeping, Payroll, VAT and Personal Tax services. We also deal with HM Revenue & Customs on your behalf and serve Limited Companies, Sole Traders, Partnerships and Individuals. Our About Us page gives an in-depth introduction to our quality and bespoke service. We also provide offer for our clients’ who are experiencing difficulty in dealing with HMRC compliance and penalties. Our dedicated and experienced staff will advise you on the best approach and take care of your financial affairs.

    Self-Assessment Tax Return late filing penalties may require you to submit Self-Assessment Tax Return(s) before an application towards waiving off penalties can be considered.

    The Managing Director of our firm is highly qualified Accountant with 10 years of experience in the field.

    We specialise in small to medium-sized businesses and provide them with all the support and advice they need to get the ball rolling. From simple book-keeping to complex compliance matters, we believe that guiding our clients’ every step of the way ensures clients stay focused and concentrate on the things they do best. We can assist you with training in running your own PAYE scheme or can arrange to have the payroll run for you.

    Our Sole Objectives

    To visit or contact our clients at their convenient time for rendering our financial services

    To satisfy our customers with prompt service and enable them to build their business as per the following standards

    • Quality
    • Reliability
    • Accuracy
    • Profitability
    Talk to us

    CAREERS

    CONTACT US

    AJBC Continental House,
    Suite 10
    497 Sunleigh Road
    Middlesex
    HA0 4LY

    Telephone:+44 (0)20 3727 7265

    Fax:+44 (0)20 8733 8294

    Mobile:+44 (0)79 5155 3409

    Email:

    Accountancy Hub is the trading name of Accountancy Hub Ltd Registered in England & Wales: 07041812 | VAT No: 248 9964 37 | ICO Registry: Z2718241