From Mollart & Co. Accountants in Darlington
Sole Traders and Partnerships have a legal duty to complete annual accounts and submit them to HMRC along with a tax return.
A key objective in accounts production is to identify the areas where we can assist in minimising your liability to tax, whilst remaining compliant with all the statutory regulations.
If we gain a full understanding of your business, we can tailor our advice and expertise to your individual situation.
We will explain the accounts to you, so that you know how your business is performing financially.
When it comes to tax, it would seem that it is becoming ever more complicated. Self-assessment can seem daunting, but it doesn’t need to be. We can offer completion and submission of your personal or partnership tax return, computations and accounts, and support and advice when you need it.
If deadlines are missed or you submit incorrect returns, you could end up getting hit with fines, so avoid all of this by coming to us.