Services
Limited company formations
Starting a limited company can be a great option for budding start-ups, freelancers, contractors and new small business owners. But if you don’t have the expertise in the legal or financial aspects of forming a new business, it can be difficult to navigate the maze.
We understand the role of Companies House and the part they play in company registration, what a registered office is and the different options you have when setting up a business.
SERVICES
Helping choose the most suitable business structure
Preparing a business plan
Online limited company formation service
Registration with HRMC
Preparing confirmation statement filing with Companies House
Use of our registered office address
Cash flow projections, budgets, and trading forecasts
Payroll – ensuring that all employees’ tax codes and payments are recorded correctly.
Self Assessment tax return
Concerned about your self-assessment tax return?
Anyone who’s tried filing their self-assessment tax return knows how potentially frustrating it is, especially so, if you are self-employed, a company director or receive other types of incomes.
At Dias & Associates, we understand that and can prepare your self-assessment tax return, calculate your Tax liability, advise on payments and also legally minimise your tax obligations.
SERVICES
Calculation of your tax liability
Calculating capital gains tax and associated reliefs
PAYE and NI (National Insurance) contributions
Repayment claims
Tax advise, planning and preparation
Self-assessment tax return submission
Review of taxation affairs and position
Income tax on pension and investment income
Allowances and exemptions
Correspondence with HMRC
Tax disputes
Bookkeeping services
We provide experienced bookkeepers who get to know your business and manage your books for you, from dealing with invoices, bank statements, and expenses to receipts.
As well as day to day management of your accounts and payroll, we can provide specialist bookkeeping services such as cash-flow statements and management reports.
SERVICES
Purchase invoice processing
Personal expenses & receipts
VAT returns
Management reporting
Payroll
Bank reconciliation
Cash flow statement
Annual Returns to Companies House
Cloud Accounting
It’s time to leave those troublesome spreadsheets. We are a Xero certified advisor and QuickBooks Pro advisor, and we are able to provide cloud accounting services. Save time, forget manual data entry. Publish key information such as receipts and invoices directly into your cloud accounting software.
SERVICES
Secure, online client portal
Access to a single point of contact at Dias & Associates
Management of your bookkeeping, payroll and tax returns
Support with your VAT and year-end requirements
Support with compliance requirements for new regulations – Auto-enrolment & National Living Wage
Make better business decisions
Real-time facts and figures not only change the way you view your business finances but also provides unique insights into your KPIs, such as cash flow performance and revenue pattern.
Accounting for Contractors (CIS)
If you’re a CIS contractor or subcontractor and looking for an accountant, Dias & Associates has an offering just for you.
We’ll file your monthly CIS returns and notify you of the tax payable to HMRC. We handle all of the paperwork so you can have the freedom to get on with your business without worrying about HMRC’s rules and regulations
SERVICES
CIS registration and set-up for contractors
CIS monthly filings
Monthly CIS deduction and payment statements
Yearly CIS reclaim management
CIS deduction statements
HMRC Subcontractor verification
Annual self-assessment return
Administrative support and general advice
Payroll services
Payroll is a nuisance, requires staff with full knowledge of PAYE, RTI, pension auto enrolment and specialist software; its time consuming and you need to arrange cover if your payroll staff are absent.
But it is one of the most important internal business functions requiring accurate and timely delivery with a minimum of errors.
Our trained payroll staff use specialized payroll software and will deliver your payroll requirements accurately on time, every time, looking after RTI, auto enrolment and liaison with HMRC.
SERVICES
Complete payroll processing
RTI ready payroll
BACS payment via your bank account
All reporting to HMRC and your HR team
Auto-enrolment
We’ve spent considerable time over the last couple of years to understand what auto-enrolment is so you don’t have to. For starters, it is a UK government initiative that required all employers, irrespective of size, to automatically enrol all employees into a workplace pension scheme.
What is auto-enrolment?
Auto-enrolment was introduced by the government to help people save more for their retirement. It affects all businesses that employ at least one person who isn’t a company director. Failure to comply, could result in a business being fined
SERVICES
Confirm staging date and timescales
Set up the scheme with your chosen pension provider
Confirm contributions basis – Qualifying Earnings
Confirm default postponement waiting period of 3 months
Default investment fund based on expected retirement date
Register with Pensions Regulator
Data capture
Initial statutory communications to inform employees
VAT Returns and Registration
VAT returns are often seen as complex and designed to baffle and confuse business owners rather than help them. Making a mistake can lead to costly errors or being selected by HMRC for a tax investigation.
Our accountants have a wealth of experience dealing with VAT returns and registration / deregistration. You can get proactive advice to ensure that your business complies with HMRC rules and avoids a visit from the taxman if a mistake is made.
SERVICES
Assistance with registration/de-registration
VAT health check
Planning & administration
Completing VAT returns
Advice on accounting scheme selection
Business or corporation tax return
Concerned about your self-assessment tax return?
Anyone who’s tried filing their self-assessment tax return knows how potentially frustrating it is, especially so, if you are self-employed, a company director or receive a foreign income.
At Dias & Associates, we understand that and can prepare your self-assessment tax return, calculate your PAYE, advise on payments and also legally minimise your tax obligations.
SERVICES
Calculation of your tax liability
Calculating capital gains tax and associated reliefs
PAYE and NI (National Insurance) contributions
Repayment claims
Tax advise, planning and preparation
Self-assessment tax return submission
Review of taxation affairs and position
Income tax on pension and investment income
Allowances and exemptions
Correspondence with HMRC
Tax disputes
Year End Annual Accounts
All UK based limited companies, charities, and indeed any branches of an overseas company must file a document called ‘Year End accounts’ with HMRC and Companies House at the end of every financial year.
The changing format can confuse the best of business owners and at the end, it can feel like a huge hurdle. The risk of getting it wrong is significantly higher, especially due to the fundamental changes that have occurred in UK Generally Accepted Accounting Practice (UK GAAP).
Based on your bookkeeping records we will prepare annual and statutory accounts which will form the foundation of your tax return.
SERVICES
Statutory year-end/annual accounts to HMRC (for sole-traders and partnerships)
Abbreviated accounts to Companies House (for small limited companies)
Financial statements in IFRS or UK GAAP
Management accounts (monthly, quarterly or half-yearly)