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YEAR-END ACCOUNTS & TAX RETURN SERVICE IN LUTON
The Financial Management Centre in Luton offers local businesses an affordable and reliable tax return and year-end accounts service. Completing such tasks often equates to unnecessary stress for many small business operating in the Luton area. Instead choose to save time and avoid unnecessary penalties by choosing our competitively priced service.
YEAR-END ACCOUNTS SERVICE IN LUTON
The Financial Management Centre’s advisors in Luton offer a year-end accounts preparation services to local businesses. Year-end accounts are a requirement only for those trading as a limited company. If you do not receive monthly management accounts then year-end accounts may represent the only record of your businesses financial standing during the period in question. Thus it is essential your year-end accounts represent a fair and accurate view of your business’s performance for the period they cover. In turn allows you to base sound business decisions on information stored in year-end accounts.
You must file year-end accounts within nine months following your financial ‘year-end’. Companies House levies a £150 fine for businesses failing to submit their accounts on time. When you select The Financial Management Centre in Luton our advisors work closely with your team in completing this important compliance documents this making sure you do not receive a late fee.
TAX RETURN SERVICE IN LUTON
In contrast to year-end accounts, all Luton business must file a tax return to HMRC by set deadlines. Your tax return details revenue and profit your business earned over the prior fiscal year. For sole traders and partnerships the deadline for submitting the return falls on 31st January each year. The return for such businesses is called a Self-Assessment Tax Return (SATR). Private landlords, those earning bank interest over a set threshold and parents earning between certain amounts are also required to file a SATR.
Limited Companies are required to file a Corporation Tax Self-Assessment(CTSA). This is known as form CT600. The deadline date for filing form CT600 is calculated with reference to your elected fiscal year-end. This date varies from company to company. You must file your first CT600 within twelve months after the date of your fiscal year-end and then nine months after your fiscal year-end for subsequent returns.
When you choose The Financial Management Centre in Luton to file your tax return our advisors work closely with you and your staff to make sure the return is completed well in advance of deadline day. Penalties apply for late submission and interest charges on unpaid tax.
We offer competitive rates for this service and our advisor takes advantage of all possible tax deductions you may legally claim.
HOW TO MAKE AN APPOINTMENT
Contact The Financial Management Centre in Luton today on 01582 448 458. Alternatively, complete the enquiry form.
Accountancy FAQ's
Tax and accounting can be daunting subjects for business owners. Below FAQ’s can help find the answers to the questions you may be asking.
Do I need an accountant?
By having an accountant, you will ensure that you do not put yourself at risk to the various HMRC penalties and end up having to pay interest that is charged for late registration, late submission of tax returns and late payments of tax.
How can an accountant help me?
As a business owner, your time is valuable and having the ability to spend your time on your business needs is important. By outsourcing to a qualified accountant you can do just that. Here at TFMC our qualified accountants can help you with Financial accounting and reporting, Auditing Preparation of tax documents, Management services and consulting, Financial analysis, Cash management
How much does it cost to have an accountant?
Looking after your business accounts is one of the most challenging parts to running your own business, and also one of the most important. Whether you are a sole trader, self-employed, small business, contractor or limited company TFMC can assist. Package prices vary so call our team today to find out more
Rachael Olukoju
Luton East
Manager Rachael is a diligent qualified accountant with audit experience and joined us from a top 15 accountancy firm. With a thirst for knowledge and personal development Rachael continues to study towards further qualifications. She is a strong communicator who is passionate, goal driven and leads by example. Rachael has significant...
View BioOur Plans
All our packages are fully customisable and we offer a fixed price monthly payment schedule - no surprises! This gives you certainty and allows you to spread the cost across the year.
Essential
From
£75
Per month*
Our essential package is suited to all businesses who are looking to ensure compliance with reporting requirements.
Professional
From
£300
Per month*
Take away the burden of managing finances and start focusing more on your business by investing in our professional package
Ultimate
From
£750
Per month*
Completely outsource your accounts whilst still maintaining a close eye on company performance with our ultimate package
* Fees vary depending on the size and need of the client business. Packages can be tailored so please contact us to discuss your requirements.
How can we help you
We recognise that not all businesses are the same and will be at different stages of their development. We offer a wide range of services to small-to-medium-sized businesses.
Startup
Finding the right accountant to help you look after your new business's financial side is a key decision that could save you a lot of time and money.
Learn MoreSole Trader
Sole traders are independent business people with drive and ambition. It is important that you use a dedicated accountant who understands that.
Learn MoreLimited Company
Whether you are a small-to-medium-sized business or need a fully dedicated accountant to help meet the challenges faced by limited companies, we can help.
Learn MorePartnerships
Partnerships bring certain complexities, especially when setting up with family or friends. We understand partnerships and help you grow the business together.
Learn More
Cawdor House,London Road,
Woolmer Green,
Hertfordshire,
SG3 6JE