Your company’s end of year accounting compliance calls for an accurate preparation of the business annual statutory accounts and their timely submission to Companies House, as well as to HMRC as part of your corporate tax returns.
Filing correctly prepared statutory accounts requires professional expertise and knowledge. Our qualified accounting team can advise you on whether you are liable to fulfil these annual regulatory requirements. We will assist you with the company statutory accounts preparation and file the reports with the governmental authorities on your behalf.
Tax Navigator can be your accounting assistant and agent before relevant government agencies when it comes to closing your company’s financial year correctly. The annual statutory accounts are due for submission 9 months after the end of the accounting year unless you are filing your first annual accounts when this period may be slightly longer.
Small businesses may only need to prepare and submit abridged or abbreviated annual accounts. This allows smaller companies and micro business entities to disclose less accounting information before the Regulatory Authorities by omitting, for instance, their profit and loss account from the annual accounts report.
Tax Navigator will identify these year end accounting specifics for you and will help you meet on time your annual accounts compliance needs.
Your company statutory accounts preparation is included in the customised accounting packages we offer to limited companies. However, in order to produce your company annual accounts accurately, Tax Navigator’s accountants will need up-to-date financial records from the company books.
Not all business owners have the provisions to tackle the time-consuming and burdensome bookkeeping tasks. And prompt and precise bookkeeping is an important prerequisite to the production of correctly prepared statutory accounts and corporation tax returns. Our accounting experts can provide you additionally with a comprehensive bookkeeping service to the highest industry standards. Please, note that 1 hour of bookkeeping per month is included in your Privilege accounting package.
Furthermore, your annual accounts obligations include filing a company confirmation statement (previously known as annual return) to Companies House. Tax Navigator files this information report on your behalf if you opt for our Venture or Privilege accounting packages. Our Vital package covers the above at an additional cost.