Vat
We provide clients with adequate VAT returns and Accounts.Legally, you must register for VAT if your VAT taxable turnover for the previous 12 months is more than the threshold of £81,000 ( as of 2014). However, you can as well voluntarily register if your turnover is below this threshold. We carry out the registration on your company behalf and ensure your VAT return is dealt with promptly.
We take all the hassle of administering the tax. We calculate the tax due on your invoices, track the VAT owing to the Customs and complete your quarterly VAT return for you. All you have to do is receive payment or write a cheque for the difference between the VAT your company has paid and the VAT you have collected
Self Assessment
Self-assessment can be a time consuming and often confusing business for busy individuals.Hundreds of thousands of taxpayers have been penalised by the HM Revenue & Customs each year for several reasons such as; missing deadlines, delivering incorrect returns and not retaining or presenting appropriate records. Many have incurred additional costs as a result of these.
At LOJ Accounting Associates’ we will take these entire burden upon ourselves and free up your valuable time by offering a comprehensive Individual Self-Assessment service, which includes;
- Appropriate business transaction record retention.
- Calculating your tax liability.
- Completing and filing your tax return on your behalf.
- Advising you on any relevant tax saving ideas.
- Advising you when payments are due and how much to pay.
Business Start-Up/Company Formation
We give advice on the business structure and raising finance for a new and existing business and assisting you with your Business plans.
We follow the necessary procedure for company formation and registration with HM, Revenue & Customs, and
dealing with all HMRC enquiries to avoid penalties and fines and to ensure matters are on a good footing for what lies
ahead.
Company Secretarial services
Financial Accounting & Accounts Preparation
We prepare accounts for different businesses such as sole traders, limited companies and partnerships and apply the requirements of Accounting Standard Board such as IAS, IFRS to businesses.On a monthly basis, if agreed, we furnish you with the company management accounts to easily assess the viability of the business. Every year, we compile your account and calculate the tax due to the Inland Revenue.
TAXATION SERVICES
Are you an individual looking for tax advice? Our key areas of expertise include:
Compliance Services
Statutory accounts for limited liability companies. Tax planning for sole traders, partnerships and individuals Companies’ Corporation Tax Returns Self-Assessment Tax Returns for Sole traders, Partnerships and Individuals VAT Registration and quarterly Returns.Payroll management, PAYE compliance and bureau services.
Bookkeeping Services
LOJ Accounting Associate’s is here to relieve businesses the stress of paper works by taking over all your records and books while you concentrate fully on building your businesses.We provide clients with accurate bookkeeping services; we work closer to understand your business, giving advice where applicable that will transform your business.
Payroll Services
We run effective payroll services for clients-calculating, reporting and deductions for pension contributions, PAYE Tax and national insurance issues.A conventional bureau service managed by payroll professionals delivering an accurate and reliable service tailored to your specific requirements.
Taylor Made Services
We are able to provide you are tailor made service. Please contact us to discuss your specific needs and requirements.
Bola Olaseinde is licensed & regulated by AAT under licence number 7931.
Company Reg No: 08456247
Registered In England And Wales
