Services
With almost 15 years of running small businesses, GC Accounting provides a personal and professional service to other local small businesses and individuals.
Offering: Accounting, Bookkeeping, Payroll, Taxation, Budgeting and Forecasting, Management Accounting, Computerised Accounting and Business Start-up Services.
Use the green links above to find out how each of our services can assist you in growing your business to its full potential.
Accounting
Bookkeeping
Running the administration of your business can be time consuming, complicated and divert resources from the core activities. Finding and managing people with the right skills can be difficult. If you do it yourself, can you earn more per hour than the cost of buying in these skills?
We can record all of your day to day income and expenditure using spread sheets, Xero, Sage or any other preferred accounting package
Complete regular bank reconciliations
Produce sales invoices
Update the sales, purchase and nominal ledgers
Credit Control
We can set, review, monitor and chase all outstanding debts for your business especially if we manage your accounts on a monthly basis
Management accounts and budgeting
Produce monthly or quarterly management accounts
Cash flows/budgeting projections can be completed monthly, quarterly, or when required
Monthly sales analysis
Year End Accounts
We can complete your year end accounts, including year end journals, depreciation, accruals, pre-payments and file them with companies house
Taxation
Take the headache out of the form filling and compliance aspect of Self Assessment
We can provide you with practical advice on personal tax positions and the planning opportunities available to you.
We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay, more and more emphasis is being put on taxpayers’ individual responsibilities and everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements.
Our team can provide you with year-round advice on all aspects of personal taxation.
Explanations and calculations of income and tax due or repayable
Business Tax
Provide calculations and general advice
Corporation Tax
Completion of self assessment forms (CT600)
Completing and filing of Corporation Tax return
Calculations of liabilities
VAT
Assistance with VAT registration
Advice on VAT planning and administration
Use of the most appropriate scheme
VAT control and reconciliation
Help with completing VAT returns or submitting them on your behalf
Planning to minimise future problems with HM Revenue & Customs
Payroll
Whether your business is large all small we can help
This means that you do not have to worry about buying software and keeping it up to date, understanding the Revenue’s PAYE rules and training staff.
Outsourcing this activity also helps relieve the pressure and we can offer cost-effective solutions.
We offer a weekly or monthly service
Computer generated payslips
Comprehensive analysis reports
Completion of annual P60/P35’s
Assistance with PAYE queries and coding notices
Business Start-up
We can provide the following:
Advice on setting up computerised accounting systems
Explanation of the taxation system for self employed, partnerships, and companies
Limited company formation
Advice on setting up business bank accounts
Setting up PAYE scheme, registering with HMRC for self assessment and VAT
Company Secretarial Duties
Filing forms and returns to companies house
Maintaining a register of directors and secretary
Issuing and maintaining share certificates