Hope everyone has had a good bank holiday Here is a summary of their offer/package. Part of the agreement details and complaint procedure.
we offer a fixed fee comprehensive service for £75 plus VAT per month (fixed until March 2010). For the monthly fee we would deal with all HMRC and Companies House matters on your behalf, complete your PAYE returns including calculation of wages, complete tax returns for you and one other person, prepare your VAT returns and prepare your final year end accounts. We are also always available if you have any questions and there is no fee involved for further general advice, mortgage references, IR35 contract reviews, registered office service or general HMRC enquiries.
Here is some of the terms
These terms should be read in conjunction with the general terms in force and upon which all professional services are
provided, and which together, form the Terms of Engagement. These terms are to be effective immediately they are signed
and shall replace any previous terms and conditions that applied to the provision of these services.
Service
We are responsible for providing the fixed price monthly accounting service which includes the following.
Wages and PAYE
Monthly wage summaries for up to two employees including the net wages payable and income tax and national
insurance deductions payable. Issued in April and amended on receipt of salary or tax code changes.
Annual PAYE returns forms P35 including forms P14, P60 and P11D / P11Db.
General assistance with PAYE compliance visits General PAYE advice and dealing with routine correspondence
Tax code changes
Over and underpayment notifications
SMP / SSP calculations
NIC enquiries and correspondence
IR35 Deemed salary provisions - if appropriate
IR35 deemed salary calculation for each fiscal year
Supplementary P35 completion and submission where necessary
IR35 contract assessment (see below*)
General assistance with IR35 status enquiries
Routine advice on the provisions of IR35 and dealing with routine correspondence
VAT
Changes in VAT registration arrangements
Completion of VAT Returns from accounting information received
General assistance with VAT compliance visits
General VAT advice and dealing with routine correspondence
Flat rate scheme assessments and applications
Corporation Tax
Computations based on financial statements
Completion of CT600
Submission of financial statements and CT600
Correspondence on agreement of liabilities
Notification of amounts payable
General corporation tax advice and dealing with routine correspondence
General tax planning issues in relation to a single accounting period
Financial Statements
Preparation, based on accounting information, of the company's financial statements in accordance with regulations and professional standards in force
Submission to the directors for approval
Submission to Companies House
Preparation of suitable directors or shareholders resolutions
Assistance with the determination of profits available for distribution as dividends
Inclusion of IR35 deemed salaries where appropriate.
Companies House
Annual Returns form 363 (excluding filing fees)
Minutes and resolutions
Share issues
Notifications of changes in circumstances concerning the officers and the company
Basic share structures
Interest, surcharges and penalties
Dealing with such issues and advising on appropriate action and payment where necessary.
We are NOT responsible for any interest, surcharges or penalties.
Other matters
Provision of mortgage reference letters
Provision of tenant reference letters
Unlimited telephone advice, during normal office hours, concerning issues related to the Service
Specific exclusions
New company formation
Company closure procedures
Strategic corporate planning
Tax planning covering more than one year
Tax or other enquiries covering more than one accounting or fiscal year
Filing fees, duties or any other costs arising from the submission of documents or returns
Business activities separate or additional to freelance contract work through the business
*The intermediaries' legislation and completion of status
reviews (IR35 assessments)
Where appropriate and from time to time you may ask us to consider the basis upon which you provide professional services and the working relationship that exists between you the worker and the ultimate end client and to report to you our considered opinion on the degree of risk that the provisions of the intermediaries legislation will apply and that deemed salary calculations will be required./email access to
Complaint procedure
Should you find that you must raise a complaint you should in the first instance raise the matter with your principle contact or
team Leader. If your complaint is not then dealt with to your complete satisfaction you should then contact the Managing
Director of ###, who will undertake a full impartial review of the facts on your behalf.
We undertake to investigate and deal with every complaint openly, promptly and to keep you fully informed at each stage
of that process together with the conclusion reached. If we do not address your complaint to your satisfaction you
may take up the matter with the Regulatory bodies that operate an independent complaints procedure.
Regulatory Bodies
We align ourselves and the services that we offer to the ethical rules and professional standards of conduct of both the
Institute of Chartered Accountants in England and Wales (ICAEW), the Association of Chartered Certified Accountants
(ACCA) and Professional Passport.
Audit related services
### is not regulated to provide statutory or other audit related services accordingly such professional services are
conducted on its behalf by ### (Registered Auditor) "###" operated by a director and member of ### who is personally
regulated as a Registered Auditor and provides such services through that company. For professional indemnity purposes
you will be required to agree to specific terms of engagement with ### although all audit fees will be charged by ### and
you hereby consent to these amounts being retained by us.
