Accountancy
Accounting; the most boring subject ever? Probably not, but the word still causes stifled yawns. Yet, the detailed recording of your income and costs provides the basic building blocks for reports that help you understand how your business is performing.
Payroll, business taxes and year end accounts are complex and subject to ever changing legislation and the penalties for getting them wrong can be severe.
The hours you spend on them could be better spent running the business and getting ahead of the competition.
Bookkeeping, management accounts and VAT
Bookkeeping is not rocket science and to do it properly takes time. DG Accounting can save time by assisting you with your bookkeeping.
Send us your records – via fax, e-mail or post – and we will process the information on your system or ours. We will then provide you with regular management reports so that you can keep track of how your business is doing.
We can also advise you on VAT registration and whether any of the special schemes are appropriate and we will take care of the VAT returns.
Payroll
Running a payroll is not an easy task given the complex legislation surrounding holiday pay, sick pay, maternity/paternity leave, etc.
DG Accounting can provide you with a comprehensive payroll service including detailed payment information per employee together with secure payslips.
At the same time we ensure that the Revenue's statutory reporting requirements are met monthly and at the end of the tax year.
Annual accounts
If you run your business on a self-employed or partnership basis you need to draw up annual accounts at the end of the financial year to support your Self Assessment return.
If you are a limited company or limited liability partnership these accounts must be filed at Companies House and form the basis of the corporation tax or partnership return.
Together with your management reports, the annual accounts provide an overall picture of how your business is performing. DG Accounting can provide a comprehensive package which aims to assist you with not only the bookkeeping chores but also the production and filing of year end accounts.
If you instruct us to carry out both services we will be able to offer you a competitively priced package.
Taxation
Taxation legislation differs for self-employment, limited companies and partnerships. Moreover, legislation changes constantly and it is an onerous task to stay up to date with every development when you are also trying to run your business profitably.
DG Accounting can help you keep abreast of changes in legislation which affect your business. We can assist you in the preparation of personal, corporation or partnership tax returns and submit them to the appropriate authority making sure that all allowable tax savings are utilised.
