Company Formation

We deal with new company formations and will help you register your company.

Our services include, change of company name, company searches, changes in company directors, company secretary and accounting reference dates, filing Annual Returns and Accounts.

We also provide a registered office address facility on your request.

Book-keeping

We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.

We work very closely with our clients in order to gain a full understanding of your business and how you run it.  We have the capacity and flexibility to then tailor our approach to your needs in order to deliver the most appropriate service we can for you.

One of the most important aspects of this service is the preparation of management accounts.  We see these as vital and integral to the continuity and success of your business.  Again, we discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Annual Accounts Preparation

We prepare Accounts for a large range of clients including sole traders, partnerships and limited companies.

We will ensure that your Accounts comply with Statutory requirements and at the same time look at your business as a whole, suggesting ways of improving the profitability and efficiency of your business bearing in mind your short-term and long term objectives.

We prepare annual accounts for sole traders, partnerships, and limited companies. We meet with you, collect your papers, and prepare your accounts. Your initial meeting is free.

Self-Assessment Tax Returns

We prepare the data for all tax returns by liaising with the tax payer. Complete the tax return accordingly and forward to client for approval before online submission.

Vat Returns 

We provide a regular, accurate and timely accounting service including the preparation of VAT returns. Our expertise in VAT related matters will ensure that your VAT returns are dealt with in an accurate and efficient manner. For those clients for whom we keep the books, the cost of the management and yearly financial accounts can be reduced substantially.

Our efficient and cost-effective VAT service includes:

•Assistance with VAT registration

•Advice on VAT planning and administration

•VAT control and reconciliation

•Help with completing VAT returns

•Processes put in place to avoid future issues with HMRC

PAYE & CIS Submissions

Our Payroll Department deals with all your statutory requirements, including the preparation of weekly, fortnightly, four weekly or monthly payslips, payroll reports, dealing with the Inland Revenue, advising you of your PAYE and National Insurance Contributions payable and preparing the Year End Returns.

We deal with all Payroll matters including Statutory Sick Pay, Statutory Maternity Pay, Student Loan Deductions, Working Families' Tax Credit and provide advice on Employment Law matters.

Management Accounts & Information

Receive cash flow forecasts to help reduce your expenditure and view patterns in your business spending. We forecast up to five years ahead and evaluate where to best cut expenditure.

Business Plans

Obtain advice on which legal entity is the most suitable for your business, be it as a sole trader, limited company or partnership. You can save substantial amounts of tax by switching to the legal entity more appropriate to your needs.]

Ankara Agreement (ECAA)

The European Community Association Agreement (ECAA) permits Turkish nationals to establish themselves as a worker or in a business in the UK. We as Ozgul Accounts provide accountancy services for sole traders or small to medium sized limited companies, nor do we prepare account we also advise on tax savings.