We can help you with compliance and business planning to ensure you keep ahead of the game and more of your profits.
Burnside operate a payroll bureau, which will keep you informed on a timely basis of the amounts to pay staff and the Inland Revenue alike.
We will complete the end of year returns for the payroll requirement as necessary.
Our aim is to minimise your tax liability. As with all aspects of business, good planning and control are required to achieve our goal with tax.
Our role is to ensure that tax liabilities are known in advance of deadlines and that all available allowances and reliefs are claimed. We inform clients of their liabilities well in advance of the payment deadline and help you submit the correct tax returns on time, thus avoiding penalties.
Every business is required to maintain records of the business transactions. At Burnside we remove this mundane discipline from your workload and leave you to concentrate on the business. Book keeping services, preparation of monthly or quarterly management accounts, cash flows, budgeting or VAT returns.
We are registered auditors and therefore able to undertake statutory audits as requested. However, we consider the process of undertaking an audit to be a great opportunity for us to highlight areas that may be improved, leading to better efficiency or profitability.
VAT legislation is complex and it is easy for clients to fall foul of these rules. We provide advice to our clients on VAT registration, VAT compliance and minimising VAT costs for trade in the UK and overseas.