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Tax Returns Made Simple

ABS provide a professional and reliable bookkeeping service dedicating the required time and energy to work with you to take care of your books. To ensure your business succeeds, we work as freelance or part time Bookkeepers or consultants for you, while you grow your business. To make life easier for you to manage your business, we would recommend you call us for advice or book a FREE 15 minutes consultation to discuss keeping the business books up-to-date. Once you have registered your busines...
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ABS Digital Document E-Submission form-DD19

TAX RETURNS MADE SIMPLE FOR LIMITED To prepare tax returns what records should I keep? You must keep accurate business records, if you don’t then you may have to pay a penalty. You need to make sure that you regularly update your records and store the information securely. You will need the information from your records to complete a tax return. You can decide how to keep your records; you might choose a computer software package or prefer to use a paper record book. Whatever you choose, get ...
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FIRM ACCOUNTANTS

Whatever type of business you start, there is now a statutory requirement to maintain accurate business records to enable you to declare your business income and expenditure.  It is essential that your business provides accurate accounting information.  Failing to do so could lead to a penalty fine.  In theory, you could be charged up to £5,000 for failing to maintain proper accounting records, although in practice, this penalty will only be issued to persistent offenders or to individuals wh...
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