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ACCOUNTING SUPPORT FOR A BUSINESS (FIRM) IN THE UK
ACCOUNTING SUPPORT FOR A BUSINESS (FIRM) IN THE UK
Prykhodko Andrii
ACCOUNTING SUPPORT OF BUSINESS IN UK
Accounting outsourcing of companies in UK is the best option for business owners in UK. The cost of such accounting support is much lower than maintaining an in-house accountant.
Accounting support in UK
Most British companies use the services of external accountants.
What are the advantages of accounting firm in UK? External accounting service in UK has one very important advantage – an accounting company can guarantee payment at its own expense of all fines in case of incorrect submission of reports or calculation of payments, issued by the controlling body.
Consulting on accounting in UK in Ukrainian or Russian will simplify the understanding between you and the accountant, make it more accessible for you to understand UK legislation in the field of accounting and taxes.
In UK, as in most countries, there are three possible accounting options.
- When a director or an individual entrepreneur independently maintains accounting.
In this option, there are practically no advantages, but there are many disadvantages, in particular, lack of time to directly conduct business, making mistakes due to overload and lack of time to monitor all changes in legislation, etc.
- When a British accountant is included in the company’s staff.
On the plus side, it works only for your business, all the focus is on your finances. Of the minuses, it is expensive (a good accountant can cost 3-5 thousand euros per month), it is difficult to find an accountant and it takes a lot of time due to the specifics of various types of business, and there are no universal accountants. If such an accountant falls ill or resigns, you will immediately have problems because it will be difficult to replace him.
- Accounting support (outsourcing) of business in UK.
There are no disadvantages if the company you contacted is reliable.
Advantages:: due to the large number of accountants of various specializations, we guarantee a low cost, work 24/7, responsibility for all risks of our accountants is borne by our company, perfect knowledge in almost all types of business, collective discussions of complex accounting or tax issues, service in almost the entire territory of UK.
Accountant services in UK include:
- Keeping a tax book of income and fees by an accountant in UK
- Keeping a trade book for a company in UK
- Accounting and tax audit of a company (business) in UK
- Preparation and submission of declarations and reports to regulatory bodies
- Representation of a lawyer and an accountant in the British tax authorities
- Keeping personnel records, calculation of salary, payment of relevant taxes for employees, submission of personnel reports
- Import-export operations (WDT, WNT)
- Preparation of primary documentation on relationships with counterparties
- Verification of personnel and warehouse documentation
- Making bank payments
- Communication with regulatory bodies
Accounting services in UK are one of the main areas of activity of Prykhodko and Partners law firm. We clearly understand how UK legislation works, we will help you choose the optimal tax system for your business, legal optimization mechanisms, etc.
Calculate the cost of services
1 question
Are you currently in Ukraine?
2 question
Are you currently in UK?
3 question
Do you need company registration in UK?
4 question
Do you only need accounting advice?
5 question
Do you need full accounting support for your business in UK?
6 question
Does your business have a turnover of more than EUR 500,000 per month?
7 question
Do you want to buy an existing business in UK?
8 question
Do you need advice on UK taxes?
9 question
Do you need to open a bank account in UK?
10 question
Do you need a rental address for your company or a virtual office in UK?
11 question
Do you need legal support for a business (firm) in UK?
12 question
Do you need a legal audit or business due diligence in UK?
13 question
Do you need marketing support for a business (firm) in UK?
14 question
Do you need business logistics (transportation services) to UK?
15 question
Do you need a business loan in UK?
16 question
Do you need a consultation urgently?
Lawyer, Doctor of Laws, recognized media expert on legal issues, legal adviser to famous politicians and businessmen.
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