We provide a wide range of accountancy services for local businesses in Cambridgeshire and London and across the UK and the UK.

Limited Companies

• Year End Company’s Accounts
• Management Accounts
• CT600/Amendment Returns
• AIA £250,000 Application
• Micro-Entity Accounts
• Confirmation statements
• Financial Statements in IFRS/UK GAAP
• Abbreviated Accounts (for small limited companies)
• Dividends Vouchers
• Director’s Remuneration/Benefits in Kind
• Secretarial Services

Self Employment & Freelance

We will complete your tax return, calculate your tax liability, file the return on-line and liaise with the client on the amounts to be paid and when they are due. This also includes:

• SA100/SA103/SA302 and Tax Overview Forms
• SA800 Partnership Tax Return
• Self Assessment Appeals/Compliance Procedure
• £50,000 Child Benefit Income Tax Disclosure
• Claim for Tax relief for expenses of employment (P87)
• Unique Tax Reference Request and Confirmation
• State Pension Request and BR19 application form
• Income Tax Calculations for companies directors
• Work from home allowance
• IR35 HM Revenue & Customs Compliance
• Tax Return Aspect and Full Inquiries Assistance
• Full bookkeeping , application of HMRC accredited Apps

PAYE

• RTI/EPS/FPS submissions
• Employers Registration with HMRC
• P45/P60/P11D Forms
• RTI Appeal procedure
• Early Year Update on behalf of the employee
• Payslips Iris, Sage 50
• P32 Discrepancies
• Year End Submissions/Early Year Updates
• Company Director Remuneration
• Reclaim Employment Related Expenses
• Employer Pension Registration and Compliance
• Nest Pensions Submissions

VAT – Making tax digital

We have assisted local business in number of Value Added Tax routine inspections. The latest Value Added Tax inspection in February 2019 resulted in no errors and no corrections to be made. The business had a turnover over £900k .

• Registration for Value Added Tax
• Efficient Voluntarily Deregistration
• Flat Rate VAT Scheme in details
• Zero-Rated VAT charge for new build housing
• Reverse Charge VAT EEA
• Intrastat Declaration for HMRC
• Second Hand Vehicle VAT Charge
• Making Tax Digital submissions to HMRC
• Making Tax Digital Invoice storage
• 100% VAT Reclaim N1 vehicle
• Annual Capital Allowances VAT Reclaim
• 4 Year VAT Backdating Repayments
• VAT reverse charge CIS 1 October 2020
• VAT record keeping applying HMRC Apps

Penalties & Compliance

This is one of our most popular services available. It’s made a big difference for many of our customers, and is provided with the highest level of excellence:

• PAYE EPS/FPS Penalty Appeals
• CIS 300 Returns Appeals
• SA100/SA800 Tax Declarations Appeal
• Employers Pension Regulator Fixed Penalty Appeals
• Value Added Tax Inspections/Planning(Full support)
• CIS Compliance HMRC
• Companies House Web Filing Appeals /Settlements
• Value Added Tax Defaults/ Surcharges Amendments

Legal & Citizenship

We want all of our customers to experience the impressive level of professionalism when working with Smith & Richards Ltd:

• Settlement Status for EU citizens in the UK
• Permanent Residency EU

Construction Industry Scheme

Frequently utilized by most of our customers, this service has been essential to success on many occasions:

• CIS Rebates (2 weeks average waiting time)
• 5 years backdated CIS refund amendments to CIS returns
• Home Office fee reclaim as per HMRC guidance
• Reclaim essential motoring fees
• 24 months motoring fees for contractors
• Miscellaneous fees explained in details
• Deduct telephone/broadband business rate
• Reclaiming a portion of council tax and utilities

Rental Income & CGT

Due to Budget changes made in 2017 our clients have been mainly faced with the following potential problems:

• Reduction of tax deductible interest on rental properties
• Abolishing of Tear and Wear Allowances
• £50,000 Child Benefit threshold and higher rate taxpayers
• Reclaim tax deductible brokers fees/mortgage product fees
• Property upgrade explanations
• Division of the rental profits as per Mortgage Deed
• Allocation of the rental profits in unequal shares

Incorporation

We want all of our customers to experience the impressive level of professionalism when working with Smith x Richards Ltd. All of our services, especially this one, exist to make your life easier and stress free.

• Companies House Incorporation
• Same day Company Formation
• Companies House web-filing details
• Registration with HM Revenue & Customs
• Bank Account
• 12 months Administration Support
• Web-design services

Client Lounge

Frequently utilized by most of our customers, this service has been essential to success on many occasions. When it comes to all of our services, you can count on us to take care of your every need.

We pride ourselves on our exceptional customer service, and guarantee you’ll love working with our team.