Sole-Trader
If you are a sole-trader, you may find “doing the books” a chore. It can be time-consuming and draining after a hard day running your business and working for your customers. At the end of the year a tax return is filed and there is one less thing to worry about. However, it comes with a hefty bill from the accountant, and there is a niggling doubt that it seems like a lot of money for very little. They hear from their accountant once a year and see him as a necessary cost rather than a business partner. Certax Accounting Sunderland aim to lessen this problem.
For many sole-traders, this basic service is all they need; they are happy with the way their business runs and feel in control of the financial aspects. Others would like their accountant to be much more of a business partner, and so Certax Sunderland has developed a range of services to suit all requirements.
A bespoke package can be put together to include any combination of the services below;
Bronze | Silver | Gold | |
Self assessment tax return | √ | √ | √ |
Annual accounts | √ | √ | √ |
Unlimited access to qualified staff for all queries and questions * | √ | √ | √ |
Regular newsletters and updates | √ | √ | √ |
Ongoing review to ensure you are not paying too much tax | √ | ||
Book-keeping plus – a regular review of your books and production of basic management accounts/KPI’s | √ | √ | |
Quarterly meetings – review of your accounts and any financial issues you wish to discuss | √ | √ | |
Annual tax review – to minimise tax and review the best structure for your business | √ | ||
Part-time management accountant or finance director | √ | ||
Full management accounts and KPI’s | √ | ||
Forecasting, business plan and input into strategic planning | √ | ||
Annual tax planning and business structure review | √ | ||
Regular consultancy meetings (at least monthly) to discuss and advise on your accounts, forecasting, strategic planning and financial aspects of your business as required | √ | ||
Optional extras | |||
Book-keeping | √ | √ | √ |
VAT | √ | √ | √ |
Payroll | √ | √ | √ |
Sales invoices and credit control services | √ | √ | √ |
Purchase invoices | √ | √ | √ |
Pensions auto-enrolment | √ | √ | √ |
Book-keeping plus | √ | ||
Tax review | √ | ||
Tax planning and business structure review | √ | √ | |
Full management accounts and KPI’s | √ | √ | |
Forecasting & Business Plans | √ | √ |