Small Business Accounts
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Post a project like this1472
£500(approx. $628)
- Posted:
- Proposals: 27
- Remote
- #2766567
- OPPORTUNITY
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3086403784906334837133993493467982355199435703683897996382798838114233929882
Description
Experience Level: Expert
Hello,
I need a book keeper / accountant to help me get on top of a few things and bring the company's affairs back into line. Overview is as follows:
1) Company Filing & Accounts
a) Next accounts made up to 31 July 2019 are due by 30 April 2020. I need someone to file these accounts, this time as Micro Accounts (not sure why this route hasn't been taken before. Below complexities which need to be considered:
b) 2017 & 2018 R&D Tax Claims crossed over with separate abridged accounts from my accountants. What this means is that HMRC discounted the abridged accounts and associated losses reported by accountants and only used the abridged accounts submitted by the R&D specialists. What should have happened is the accountants should have submitted 1st and the R&D specialists should have used those accounts fr the basis of their abridged accounts. I therefore need the as yet unreported losses to be identified and carried forwards into the 2019 YE to neutralize corporation tax payable;
b) There may be cause for a further 2019 YE R&D Tax claim but I want to have the account sin order before considering this again with 3rd parties un-associated with this project;
2) PAYE / Self Assessment
Ltd Company with 2 x employees.
a) As the Director I have been submitting self assessment returns via accountants but missed the latest filing deadline and have been fined. I need someone to recover this position for me personally as well as limiting tax payable and regularizing the position from a company perspective;
b) I employ a business administrator. Her last PAYE return was made in February and needs again to be caught up and administered going forwards;
c) In light of the Covid-19 epidemic HM Government UK has committed to paying 80% of furloughed employee's wages. I need someone to regularize both my and my administrators positions from an employment perspective so that we can both claim the maximum payments from the government scheme during this difficult period. This is particularly urgent;
d) The administrator was on Statutory Maternity Leave from October 2018 - July 2019. The company has only received a partial SMP rebate from HMRC to date (approx 50%), some of which was held back due to corporation tax arrears from 2016? (I believe). I need the residual balance c£3,500 to be claimed back ASAP and to also be factored against 1)b) above;
3) VAT
a) I have let the VAT returns slip since MTD intro last year. Cash is in the bank but I didn't get on with self administering Xero and compliance has since fallen by the wayside. I need someone to regularize this position using their own MTD compliant software / access and maintain going forwards;
b) 2019 was a very poor year for my company / me and I personally soaked up a lot of company costs which need to be recovered from the company as expenses. I need these expenses to be accounted for from a VAT perspective so as to limit the amount of funds the company needs to pay across to HMRC. Clearly this sits outside of the accounting period but will need to be reflected as further costs / losses during the relevant accounting period.
You will need to take over the mantle from the accountants by way of substitution.
Bank Statements will need to be back ordered from Natwest as we no longer have access to this account online.
I need a quotation to undertake the above work as a "Project Quotation" please.
Going forwards I will also require ongoing accounting / book keeping support for PAYE, VAT and company filing. These costs should form a separate "Option Cost Quotation" please.
I need a book keeper / accountant to help me get on top of a few things and bring the company's affairs back into line. Overview is as follows:
1) Company Filing & Accounts
a) Next accounts made up to 31 July 2019 are due by 30 April 2020. I need someone to file these accounts, this time as Micro Accounts (not sure why this route hasn't been taken before. Below complexities which need to be considered:
b) 2017 & 2018 R&D Tax Claims crossed over with separate abridged accounts from my accountants. What this means is that HMRC discounted the abridged accounts and associated losses reported by accountants and only used the abridged accounts submitted by the R&D specialists. What should have happened is the accountants should have submitted 1st and the R&D specialists should have used those accounts fr the basis of their abridged accounts. I therefore need the as yet unreported losses to be identified and carried forwards into the 2019 YE to neutralize corporation tax payable;
b) There may be cause for a further 2019 YE R&D Tax claim but I want to have the account sin order before considering this again with 3rd parties un-associated with this project;
2) PAYE / Self Assessment
Ltd Company with 2 x employees.
a) As the Director I have been submitting self assessment returns via accountants but missed the latest filing deadline and have been fined. I need someone to recover this position for me personally as well as limiting tax payable and regularizing the position from a company perspective;
b) I employ a business administrator. Her last PAYE return was made in February and needs again to be caught up and administered going forwards;
c) In light of the Covid-19 epidemic HM Government UK has committed to paying 80% of furloughed employee's wages. I need someone to regularize both my and my administrators positions from an employment perspective so that we can both claim the maximum payments from the government scheme during this difficult period. This is particularly urgent;
d) The administrator was on Statutory Maternity Leave from October 2018 - July 2019. The company has only received a partial SMP rebate from HMRC to date (approx 50%), some of which was held back due to corporation tax arrears from 2016? (I believe). I need the residual balance c£3,500 to be claimed back ASAP and to also be factored against 1)b) above;
3) VAT
a) I have let the VAT returns slip since MTD intro last year. Cash is in the bank but I didn't get on with self administering Xero and compliance has since fallen by the wayside. I need someone to regularize this position using their own MTD compliant software / access and maintain going forwards;
b) 2019 was a very poor year for my company / me and I personally soaked up a lot of company costs which need to be recovered from the company as expenses. I need these expenses to be accounted for from a VAT perspective so as to limit the amount of funds the company needs to pay across to HMRC. Clearly this sits outside of the accounting period but will need to be reflected as further costs / losses during the relevant accounting period.
You will need to take over the mantle from the accountants by way of substitution.
Bank Statements will need to be back ordered from Natwest as we no longer have access to this account online.
I need a quotation to undertake the above work as a "Project Quotation" please.
Going forwards I will also require ongoing accounting / book keeping support for PAYE, VAT and company filing. These costs should form a separate "Option Cost Quotation" please.
James B.
100% (4)Projects Completed
6
Freelancers worked with
6
Projects awarded
50%
Last project
7 Sep 2023
United Kingdom
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