Data Folio Accountants Limited is a licensed and member firm of the Association of Accounting Technicians (AAT), which also regulates it. It is a limited company, registered in England & Wales with company number 10027060. AAT is also our supervisory body for Anti Money Laundering Regulations. We are registered with HMRC as authorised agents. We are also registered with the Information Commissioner's Office for Data Protection purposes certificate no ZA508796.In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurer is Trafalgar Risk Management Limited. The territorial coverage is worldwide excluding USA and Canada their Dominions and Protectorates.
We offer company formation services partnership or limited company.
We take care of all the necessary statutory forms on your behalf to register your new business with HM Revenue & Customs, taxes and Companies House.
We also prepare business plans with cash flow forecast and profit & loss to help you raise finance for your business.
BOOKKEEPING AND ACCOUNTS PREPARATION
We take care of this side of your business so that you can focus on main activities of your business. From the bookkeeping and processing, to the preparation of accounts, whether they are for internal management purposes or annual accounts, we can assist you with developing each area of your accounting system to ensure it is best suited to your own circumstances.
We deal in income tax, corporation tax, value added tax, inheritance tax and capital gains tax.
We prepare and submit personal tax returns, together with the calculation of your self-assessment tax liability.
All our self-assessment returns are filed online to ensure that tax refunds,if any, are paid directly and swiftly. We prepare and submit corporation tax returns together with the calculation of your corporation tax liability. We calculate personal and business Capital Gains tax liabilities.
Every payroll should be dealt with in an accurate, reliable and confidential manner, in order to safeguard employee trust. We will use our expertise and knowledge to deal with every aspect of payroll for you.
Our Payroll services include:
Completing your end of year returns.
Assisting you with P11d returns.
Maintaining your P11d working records and dealing with P60 & P45.
Dealing with PAYE and National Insurance deductions.
Pension deduction and submission.
ADVICE FOR MAKING TAX DIGITAL FOR VAT
The government’s Making Tax Digital (MTD) initiative means that UK businesses will need to store digital records and submit updates to HMRC using recognised accounting software.
The date when you must start keeping digital records and submitting your VAT return to HMRC using MTD-compatible software will vary depending on when your VAT period starts. You must start following the MTD rules from the first day of your first VAT period that starts on or after 1 April 2019.
From 1st April 2019, all businesses with a taxable turnover above the VAT threshold (currently £85,000) will be required by law to store financial records digitally and submit VAT returns from MTD-compatible accounting software.
VAT REGISTRATION AND RETURN FILING
We help your business with the VAT registration. We prepare VAT returns and file them on your behalf.