FA Business Solutions

13/03/2019

https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital

This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi...

09/06/2017

VAT

VAT can be the bane of everyone affected by it, as the complex regime of regulations imposes a tremendous administrative burden on businesses. With the rate being so high, mistakes in calculating VAT can be costly. And the rigid system of penalties and interest charges for mistakes, or the late submission of returns, adds to that burden.

FABS can provide assistance with:

VAT registration
Quarterly VAT returns
Flat rate scheme, cash accounting or annual VAT returns
VAT advice
Our cost-effective VAT compliance and planning services can relieve you of this burden. Our team of professionals will help to keep your VAT affairs in order and make sure you are collecting the right amounts for each transaction - as well as ensuring that you make payments and file returns correctly, and on time.

Please contact us to know further about VAT registration.

Please send your request and one of our consultants will get in touch with you in 24 hours.

09/06/2017

Payroll Services

Running your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an increasing burden on business to comply with these issues and non-compliance can lead to substantial penalties.

We can prepare payrolls for businesses with 2 to 200 staff.

Our service is comprehensive, confidential and includes:

computer generated payslips
administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
completion of statutory forms (including year end returns)
summaries and analysis of staff costs
administration of incentive schemes, bonuses and ex-gratia termination payments.
Even if you only have a few employees, you will make savings by engaging us to administer your payroll.
Fabs can help with the following payroll services:

Monthly payroll service
Weekly payroll services
Dealing with HM Revenue and Customs in relation to payroll matters
The production of pay slips and reports
Completion on employers annual returns
Production of P11D's and other documentation
Specific payroll advice about the most efficient way to make payments to your employees.
In addition, we submit the majority of documents on line to HM Revenue and Customs meaning that we will claim the financial benefits offered by the government for online filing. This could be worth £££ to your business over the next 3 years.

Companies of all sizes find that it makes more financial sense to outsource their payroll administration. We offer a payroll service that is efficient and reliable, to help keep your staff happy and productivity high.

Please send your request and one of our consultants will get in touch with you in 24 hours.

We offer quality of service, commitment and unlimited advice and support based on clients need with friendly and highly accounting service

25/05/2017

Book Keeping Services

We offer facilities to maintain companies accounting records. This can be particularly attractive for smaller clients who either want to dispense with the "hassle" of routine day to day accounting work or alternatively for businesses where they have had major regulatory problems in the past and wish to ensure that those difficulties do not arise again in the future. Where we are involved in the maintenance of accounting records we would normally recommend that regular management accounts are prepared.

If records are kept in a proficient manner there is usually very little additional cost in producing regular financial statements and we feel strongly that such accounts are necessary if even the smallest business is to manage its activities properly.

Good bookkeeping is the foundation of accurate information. Whether that is a list of debtors, detailed sales figures or preparation for yearend accounts and tax returns. It is therefore important to know that this element of your business is being taken care of and responsibly controlled.

We can create online account where the day to day transactions can be uploaded onto our websites. Please contact FA Business Solutions for further details.

Please send your request and one of our consultants will get in touch with you in 24 hours.

24/05/2017

Accounting and Booking Services

At FA Business Solution Ltd, All businesses, whether they be large or small, must produce annual accounts and have those submitted with the tax authorities. It is therefore imperative that these accounts are produced accurately and submitted in a timely fashion.

Utilising the latest software, coupled with our vast experience, ensures that these annual accounts are produced accurately and on time. This helps minimise the risk of unnecessary enquiries from HMRC and avoid penalties for late submission of records.

Although we recommend that our clients have regular management accounts produced, we appreciate that for many people the annual accounts are the only guide to the financial health of the business. In these circumstances we aim to provide the client with the accounts in a timely fashion so that they can serve as an important decision making tool. At such times we try to be as constructive and helpful as possible in preparing and submission on time.

With every limited company and limited liability partnership comes the LEGAL requirement to file accounts at Companies House. Failure to do so leads to automatic penalties of up to £1000 for private limited companies and £5000 for plc's. These accounts are however available to the public and your competitors. We can assist you fulfil these legal responsibilities, yet ensuring that only the minimum amount of information is available to your competitors. Corporation Tax Returns would also be prepared ensuring full compliance with the current legislation.

Please send your request and one of our consultants will get in touch with you in 24 hours.

07/08/2013

Wishing "" Eid Mubarak"" to everyone

05/10/2012

http://www.bbc.co.uk/news/uk-19845926

The Chief Secretary to the Treasury writes to the new BBC director general over the tax arrangements of thousands of members of staff at the corporation.

21/08/2012

http://www.bbc.co.uk/news/business-19329758

The UK government borrowed more than expected in July, traditionally a good month for tax receipts, official figures show.

08/08/2012

http://www.bbc.co.uk/news/business-19174649

The Bank Of England is expected to say UK economic growth will be close to zero in 2012, rather than the 0.8% predicted in May, when it updates it forecasts.

08/08/2012

http://www.bbc.co.uk/news/business-19181029

The governor of the Bank of England draws a comparison between Team GB's road to the 2013 Olympics, and the economy's even longer road to recovery.