Our Services

accounting

How can we help you?

Company Formation

We can incorporate your company for you through one of the UK’s leading company formations agents. You will get a “Certificate of Incorporation” which confirms the company legally exists and shows the company number and date of formation, a “Share Certificate” this certifies that on the issued date, the person whose name is on the certificate is the registered owner of the shares in the company, “Memorandum of Association” which shows the declaration made by every subscriber confirming their aim to setup the company and become a member of that particular company and “Articles of Association” which defines the rules and regulations governing the administration of a company by setting out the shareholders’ rights, rules governing the powers, appointment and removal of shareholders, directors and company officer, dividend distributions, and how board meetings ought to be carried out.   

Bookkeeping & accounts preparation

Business documentation need to be maintained as precisely as possible and choosing the chart of accounts that suits your firm’s needs and its customisation is equally important to us. We can provide outsourced bookkeeping services to businesses of all sizes. We will adapt the bookkeeping services to fit the specific needs of your business, and can work with your preferred computer application software or any other of your choice. We can assist with the data processing on QuickBooks, Sage and other bespoke software. We provide precise and prompt statutory accounts preparation to various clientele either individual or company to meet pre-set timeframe and deadlines. Our bookkeeping and account services includes but not limited to:  

  • Identifying errors and performing error corrections
  • Performing bank reconciliation / petty cash reconciliation
  • Allocating bank and cash payments and receipts

Taxation services

Personal tax/Self-Assessment tax returns 

Self-assessment is required to be filed annually whether you are registered for it or HMRC sends you a letter to deliver one for the previous financial year ended 05 April 20XX. With Crystals Consult, we aim to finalise your tax returns as quickly as possible after the financial year ends. Our services include preparation and submission of the following:  

·         Calculation of tax liability and tax rebate 

·         Personal tax return (SA100) 

·         Supplementary Returns 

·         Employment Income (SA102) 

·         Self-Employment (SA103) 

·         Property (SA105) 

 

 

Corporation tax returns 

We generate corporation tax returns directly from the accounts production by utilizing our award-winning cloud accounting software to certify any flaw and hereby creating a structured process that is cost effective while making sure the statutory deadlines are met. Corporation tax returns services include: 

·         Setting up clients for corporation tax 

Treatment of qualifying charitable donations 

Filling in CT600 form, paying corporation tax, and deadlines for filing and  paying corporation tax returns. 

Allowable and disallowable expenses for tax purposes 

 

 

VAT Returns 

We can support your business growth to be more tax-advantaged by assessing your VAT position on a regular basis. We also understand the VAT deadlines and penalties and therefore we shall endeavour to prepare, reconcile and submit your business VAT returns to HMRC promptly. Some of our VAT services includes: 

·         Dealing with HMRC queries 

VAT registration and deregistration process 

Setting up companies using various VAT schemes, i.e., Standard VAT Scheme, Cash Accounting Scheme, Flat Rate Scheme, & Marginal VAT Scheme. 

 

Payroll 

We aid small businesses with the payroll administration of their business. Clients’ needs varies and our goal is to ensure that payroll processing and HMRC reporting among other things are offered in an efficient and satisfactory manner with flexibility to suit each clientele. Some of our payroll services includes but not limited to: 

·         Registering as an employer 

Creating pay elements 

Processing payments for employees 

Generating payslips 

Payment by BACS 

Printing and Issuing pay slips to employees 

Issuing P45 to employees when they leave and P60’s at the end of each tax year