Our
range
of tailored
services
for all types of businesses
Our
range
of tailored
services
for all types of businesses
Sole trader and partnership year end accounts and self-assessment
We are on hand throughout the year to answer any questions that may arise in running your business keeping you on the right side of tax laws.
Limited companies – statutory accounts and corporation tax
At Bailey Wilson, we manage deadlines for you, so you meet your obligations – on time, every time.
Individuals and landlords – self-assessment returns
We take the stress away by handling your return from start to finish. Whether your situation is straightforward or involves multiple income streams or property disclosures, we’ve got you covered. Our services include deadline reminders and let property campaign support.
Bookkeeping support
Bookkeeping can be tailored to your requirements – think of it as an extra pair of hands to do the bits you don’t want to!
VAT returns and compliance
Whether you’re newly registered or a long-time VAT payer, we’ll ensure your returns are accurate, on time, and fully compliant with Making Tax Digital.
Payroll services
Let us take care of all of your payroll needs with our in house dedicated payroll team – ensuring your employees are paid accurately and on time.
Capital gains tax
HMRC now mandate that gains on the sale of residential property are filed and tax paid within 60 days. Failure to do so will result in penalties which can be costly and are unavoidable with timely advice and support.
Inheritance tax planning and probate assistance
Often a tricky topic of conversation, but an inevitable one. We can assist you and your family in planning for future tax implications and minimising these where possible, whilst remaining compliant with the required laws.
On the other side, we can also assist with probate and dealing with the tricky matters that need finalising, providing clarity and a calm hand to guide you through the process.
General business advisory
We are happy to support you along side any questions, big or small, and give insight and knowledge into how to move forward.
At Bailey Wilson, we’re more than just accountants – we’re your trusted partner in business.
Drop us a line to learn more and see where we can help.
Sole trader and partnership year end accounts and self-assessment
We offer expert advice in making sure you are claiming relevant tax allowable expenses for your business making sure your tax is accurate. This enables you to focus on your business and do what you do best ensuring that tax compliance is handled in a timely and efficient manner.
We are on hand throughout the year to answer any questions that may arise in running your business keeping you on the right side of tax laws.
Limited companies – statutory accounts and corporation tax
We provide a full accounts and tax service to ensure your company stays compliant, from balance sheets and profit & loss accounts to final submission. We also assist with year-end tax planning to ensure your business is operating as tax-efficiently as possible.
At Bailey Wilson, we manage deadlines for you, so you meet your obligations – on time, every time.
Individuals and landlords – self-assessment returns
We take the stress away by handling your return from start to finish. Whether your situation is straightforward or involves multiple income streams or property disclosures, we’ve got you covered. Our services include deadline reminders and let property campaign support.
Bookkeeping support
We operate our bookkeeping on the cloud with full remote access to your figures at the click of a button. We run apps alongside our software for integration to ensure efficiency and to streamline your paperwork.
Bookkeeping can be tailored to your requirements – think of it as an extra pair of hands to do the bits you don’t want to!
VAT returns and compliance
Our VAT services include full bookkeeping and VAT return preparation, advice on VAT schemes, and assistance with inspections or investigations. Whether you’re newly registered or a long-time VAT payer, we’ll ensure your returns are accurate, on time, and fully compliant with Making Tax Digital.
Payroll services
Our in house team offer full payroll processing, payslip management, compliance checks, and tailored reporting.
Let us take care of all of your payroll needs with our in house dedicated payroll team – ensuring your employees are paid accurately and on time.
Capital gains tax
HMRC now mandate that gains on the sale of residential property are filed and tax paid within 60 days. Failure to do so will result in penalties which can be costly and are unavoidable with timely advice and support.
Inheritance tax planning and probate assistance
Speaking to us and making careful plans could mean your beneficiaries receive more of your estate and the tax is mitigated.
On the other side, we can also assist with probate and dealing with the tricky matters that need finalising, providing clarity and a calm hand to guide you through the process.
General business advisory
We support with finance applications, business restructures, exit strategy and everything in between.
We are happy to support you along side any questions, big or small, and give insight and knowledge into how to move forward.
At Bailey Wilson, we’re more than just accountants – we’re your trusted partner in business.
Drop us a line to learn more and see where we can help.
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.