Focus Your Resources
Whether you are new to business in the UK, or you are already grappling with the complexities of running a business, you will be well-advised to concentrate on building up the enterprise and establishing yourselves in your market.
It is all to lose momentum through inefficient or inexperienced administration. Indeed some of the largest UK companies have outsourced finance operation to accountancy firms to maximise their efficiency and effectiveness.
Support tailored to Support You
Parker Lloyd has designed a range of support services to help employers and managers of UK businesses. Using these services ……
You and your senior colleagues will be released to concentrate on building up your business.
You will have the reassurance of knowing that your business will comply fully with the numerous burdens placed on it by the authorities.
Here we outline some of the support services we offer, each of which is delivered with flexibility and tailored to your particular needs.
Financial Responsibilities
Maintaining a proper accounting system.
Running the payroll correctly and paying the tax deducted to the HM Revenue & Customs.
Accurately recording Value Added Tax on all transactions and submitting periods returns to HMRC with the correct VAT payment.
For companies – fulfilling a range of statutory requirements overseen by the Registrar of Companies in respect of records, returns, the filing of documents, and the running of formal meetings of shareholders and directors.
Flexibility and Responsiveness
Besides these obligations, as managers, you will have additional needs such as management accounts, cash-flow and profit forecasts.
Parker Lloyd will take care of these administrative imperatives efficiently and in a cost effective manner, using our in-house computer facilities.
Avoid pitfalls and Penalties
Outsourcing your financial operations to Parker Lloyd can cover:-
Payroll administration
Payment of your employees, correct handling of tax deduction, maternity and sick pay, proper treatment of overtime or bonus arrangements, timely and accurate submission of tax and payroll returns to the authorities.
Book-keeping
Preparation of accounts from your primary documents on a monthly basis, payment of invoices as appropriate; reports to inform you of your profit and/or cash-flow position.
Value Added Tax
Customs & Excise are unforgiving to those who do not comply with their requirements and penalties can be costly. So we will correctly record your VAT; prepare your periodic Returns for submission and ensure that you pay the right amount of VAT, on time.
Company statutory services
We offer registered office facilities, company search and formation services , maintenance of your company records, timely filing of the necessary returns and documents; and nominee services.