Our Services

All businesses have obligations to prepare accounts; whether you are a sole trader, partnership, or limited company. This service also provides valuable information to support and strengthen your business!

We will prepare your accounts in accordance with accounting standards, alongside the relevant tax returns. We will also submit your accounts to Companies House, if applicable.

During the preparation of your year-end accounts, we will gain a greater understanding of your business and, where applicable, can give relevant business advice, assisting you in achieving your business goals!

Preparation of your self-assessment can be a daunting and complex process – unless you know how…

We will ensure your return is completed and submitted correctly and on time, as well as informing you when and how much you need to pay!

Where we can, we will offer you advice on reducing your tax liabilities within the current rules and regulations. 

In recent years, HMRC have increased their enquiries into returns, so don’t leave it to chance. Expert advice is available; Self-Assessment doesn’t have to be a headache anymore…

We are MTD ITSA ready and are available to guide both existing and new clients on the most substantial change in Income Tax Self-Assessment in decades.

VAT returns and everything that goes with it – can be a bit of a headache… 

We can provide your business will a full VAT service, including:

·         Completion and submission of VAT returns compliant with HMRC MTD 

·         Tax planning assistance

·         VAT Schemes available for your business

·         VAT registration and de-registration

With VAT investigations on the increase – we can also assist and act on your behalf when dealing with HMRC enquiries.

So, whether you need the answer to a simple VAT question or the full package, we can help.

Bookkeeping is one of the vital aspects of the day-to-day running of your business; it can be time-consuming and sometimes an afterthought when you are busy engaging with the needs of your business. 

At Bailey Wilson, we think it is imperative for you to have a comprehensive understanding of how your business is doing and to keep on top of your finances. Our bookkeeping service can provide management information to support you and keep you on the path to success.

Our services are flexible around your needs; send us your books weekly, monthly, or quarterly. We will keep your records up to date and ensure anything you require is just an ask away.

In the ever-changing world of accountancy, we now offer cloud-based accounting support, enabling you to move your business and financials digitally, giving you access to live business data at the touch of a button.

Struggling with the complex demands of payroll?

It can be intimidating, especially as a new business or if it’s the first time you are employing.  

Let us take care of all your payroll needs: changes to tax codes, maternity and sick pay calculations, pension enrolment, and the rest.

Whether you want to run payroll weekly or monthly, we can relieve you of the stress and can provide a personalised service, including:

·         Employee Payslips

·         PAYE Returns for HMRC

·         Completion of P45s

·         Assistance with auto-enrolment

·         P60 Year-end Returns

·         Registration and set up of payroll

We can also deal with HMRC correspondence on your behalf, leaving you worry-free!

Every limited company based in the UK is required by law to submit a company tax return and pay corporation tax on their profits.

Corporation tax is based on your company’s profits or losses for the year, so effective tax planning will assist your business in mitigating any taxes due, alongside ensuring any tax opportunities and reliefs are maximised.

We can assist with your tax planning for your limited company together with calculating and submitting your Corporation Tax return directly to HMRC. 

Deadlines for Corporation Tax are strict and will attract penalties should they be late – one worry you don’t have to have – as we will do all the hard work for you.