Bookkeeping Services

All businesses are required to keep accurate records for both taxation and VAT purposes. Good bookkeeping practices also benefit the business by helping you manage and control your finances, plan for future growth and ensure that your accounts are completed more efficiently, which should in turn avoid late filing penalties.

Bookkeeping Services

  • A handy wallet for you to keep all your receipts in, which you can deliver periodically to us. We can then take care of your bookkeeping for you and return your paperwork to you when we’ve finished processing it.
  • Excel workbook for you to tailor and use to record your transactions into. The workbook also has a basic Profit and Loss Account and VAT return calculations included within it.
  • With our experience, we can easily take away the hassle of bookkeeping. We offer fixed competitive fees that are payable monthly so that you can spread the costs.
  • Demsa Connect Cloud Bookkeeping System, so that you can prepare and access your accounts at any time; from anywhere with an Internet connection. We will also have access so that we can give you live support and advice.
  • We will explain what records are required and consider what your accounting information needs are, all in relation to the resources you have available; to ensure you have a bookkeeping service that suits you and your requirements.

Payroll Services

Throughout the year, we will calculate your employees’ net pay, report the figures and information to HMRC and provide you with payslips to pass on to your staff. We can calculate the tax and National Insurance deductions applicable; even if your employees are on sick, paternity or maternity leave.

Payroll Services

  • We can also help you to keep track of their holiday entitlement and can file all the starters and leavers forms on your behalf. Late payments or underpayments of employers’ deductions can now lead to hefty penalties, so we can help you avoid incurring these.
  • We can also prepare your benefits and expenses forms and advice you of any filing requirements or National Insurance that falls due. Benefits and expenses can be a very complicated area and knowing what and where to report can be tricky, but we can relieve you of the burden.
  • We can also set up an Employers’ Scheme with HMRC for you and we can advise you of whether employees should be added to the payroll or not and deal with the relevant forms/ submissions for you.
  • We can file all of your in-year and year-end returns for you with HMRC and provide you with P60s to distribute to your employees at the year end.
  • The responsibilities faced by employers can be intimidating, but we can guide you through the processes, costs, calculations and deadlines and take care of everything for you.

Year End Accounts

Year end accounts often form the basis of your Self Assessment tax return and provide a valuable insight into your business.

Year End Accounts

  • The year end accounts provide invaluable information about your business. You can see if the margin on your sales prices is set appropriately and how the latest performance compares to last year. Movements in sales and expenses are laid bare, allowing you to make better decisions in the future. Anomalies are highlighted and can then be investigated. Having year end accounts brings you closer to your business and will help drive success.
  • Whether you are a sole trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be an extremely stressful and time-consuming exercise.
  • Our accountants offer competitive pricing with flexible appointment times and are dedicated to offering a professional, friendly service.

Pensions

At Demsa Accounts we can administrate your workplace pension scheme and help you and your business stay compliant.

Pensions

  • Auto enrollment legislation requires employers across the UK to automatically enroll certain workers into a qualifying workplace pension scheme and make contributions towards it.
  • Failure to comply could result in a fine from The Pensions Regulator. So don’t get caught out – find out how we are helping employers meet their auto enrollment responsibilities.
  • Planning ahead and setting up a pension for your staff couldn’t be easier and the scheme can be activated when you are ready do so – at your Staging Date or when you intend to recruit new employees into your business.