UK | Corporate tax return and company house annual return
- or -
Post a project like this- Posted:
- Proposals: 8
- Remote
- #1390563
- Expired
Description
Description of support work: Hi!
We had contracted an accountant to complete our accounts for the first year period 9/4/15-30/4/16. We are a small company, only 2 employees, 1 director and we operate in both EUR and GBP with bank accounts in both currencies.. The current accountant has provided only a draft of the annual accounts, but from a quick check he has used an outright exchange rate of April 2016 and after checking with HMRC I understood this is not correct as it should be calculated by date of sale and accounted against the credit in the bank. I have no draft of corporate tax return.
We would request a review of the accounts produced, using the correct exchange rates and submission by no later than year end of both Corporate tax return to HMRC and Annual return to Company house.
Additionally, please quote for also a director's tax return with Self Employment income.
All transactions including sales, expenses, payroll, dividends, bank accounts reconciliation are included in a very detail xls sheet.
I have a few questions for you:
- Are you a charted accountant? If so, which is your regulatory body?
- Do you have previous experience with dealing with multi-currency accounts/transactions?
Please confirm a price for
1) reviewing existing, correcting, preparing, sending calculations and draft for review and submitting both Corporate Tax Return for the period 9/4/2015-8/4/2016 and 9/4/2016-30/4/2016 (first year) and Company House Annual Accounts made up to 30 April 2016. The deadline for filing should then be 9/1/17, so I would aim to have by Xmas if possible at all.
2) Producing the Director’s Self Assessment, which includes 3 invoices of Self Employment work.
Extremely urgent job!
Extra notes:
Pass Word Global L.
100% (5)New Proposal
Login to your account and send a proposal now to get this project.
Log inClarification Board Ask a Question
-
Hi
1. Are you still looking?
2. How many transactions in total which are affected by the exchange rates?
-
If you amend the exchange rate it will just hit the P & L as a profit/loss on exchange anyway. Not sure why this is that important to you, are you expecting the tax to change??
-
Hi, Is your existing accountant quailified? Have you conveyed your finding from HMRC on gain/loss on foreign exchange to them? How many transaction are subject to gain/loss on foreign exchange. Why not use some book keeping software that can handle gain/loss on foreign exchange for you e.g one very good free one is Quick file.
RegardsPass Word Global L.13 Dec 2016Not chartered. They haven't advised on that, I hadn't used any other software than a spreadsheet as...I wasn't advised of doing so or even of its existence!
Omer H.13 Dec 2016How many transactions subject to gain/loss on FE?