Start-up

Vision

You are at the beginning of the journey and started working on your VISION. You need basic compliance but don’t know where to start. 

The Start-up package has been designed to help you tick compliance off your to do list and contains the below services

Tax Efficient Setup

Are you  thinking of registering your business with Companies House, but not sure if it would be more tax efficient to do so?
The tax rules can be complex and not easy to understand when you are not an accountant. This is where we come in, assess your situation advise if is more tax efficient to incorporate your business as a limited company.

HMRC registration

Do you need to register to HMRC to be compliant? We can process any registrations such as Self-employment, CIS, VAT and PAYE.

Company incorporation

You have decided that is more tax efficient for you to incorporate. We can take over from here and deal with all company secretarial work. This service includes: * Writing up and maintaining the Company Register and the Share Register * Preparing the Annual Return and all statutory forms for filing at Companies House, for example appointment and resignation of company directors.

Bookkeeping services 

We will process business transactions such sales invoices, purchases, receipts, and payments using innovative software such as Xero. This saves time (and paper), and means you have tidy books! Because we review every transaction, you will have meaningful financial information to measure how your business is going in real time rather than waiting until the end of the financial year.   

VAT return

A VAT return is a form you file with HMRC, usually four times a year, to show how much VAT you are due to pay them. If you're not registered for VAT, you won't file VAT returns.We can review your business for VAT for compliance with regulations and best practice, complete VAT computations for quarter, submit the VAT return & dealing with correspondence with HMRC VAT department.

Corporation tax return 

All limited companies must complete a Corporation tax return. The return will contain your annual financial information and must be sent to HMRC within the correct period of time. As well as submitting the return on your behalf, we can also provide useful advice to maximising your tax efficiency and claiming all tax reliefs available to you.

Self-assessment tax return

Generally, your tax is deducted automatically from your wages, pensions or savings - known as Paye as you Earn (PAYE). However, if you receive any other income, you need to report this to HMRC by sending a self-assessment tax return once a year. We can prepare your Self-Assessment, submit it to HMRC but also advise you on any tax reliefs available to you.

Payroll

Payroll is defined as the process of paying salary to a company's employees. As an employer you will have to process your employees payments but also withhold taxes and remit them to HMRC using software that is compatible with the Real Time Information requirements.  We can complete your payroll compliance and all the reports associated with it such as P45, P60, P11D, etc.

Remuneration planning

There are various ways of paying yourself, dividends, salary or director loan account. We can assess your personal circumstances and advise which is the best option for you. You can read more information about it here

Testimonials

“Vision Accountants have saved my business £5000 in the last 6 months with their expertise on how to run my financials smoothly. I am more than pleased to be working with them.”

Nadia J., The Good Spot Ltd company Director
Testimonials

“Every time I talk to Vision Accountants I feel like I'm being understood and I'm being offered the best solutions that suit my needs. I'm not just another client in their portfolio.”

Radu O, business owner
Testimonials

"Silvia’s personal tax expertise helped me save approximately £1,000 from unclaimed Marriage Allowance. I definitely recommend having a chat about available tax reliefs."

Ella D., owner of Ella D.m. Photography
Testimonials

“ We started trading this year and experienced a significant increase in  demand for our services. As a company with limited trading history, we struggled to obtain the finance to enable us to grow at the required pace.  Silvia’s experience and professionalism enabled us to obtain over £40K in finance, by creating cash flow forecasts, communicating with the lending facilitators and providing good solutions to ensure our growth is sustainable. Definitely recommend having a chat to see if they can help.”

Mihai Stanean, Director of Nemesis Couriers Limited.