Production and filing of company accounts

Are you in need of assistance with your year-end accounts? We can submit your year-end accounts to HMRC and Companies House on your behalf. These accounts are mandatory for limited companies, and not submitting them can result in significant fines if they are not in compliance. With the introduction of Making Tax Digital regulations in 2023, keeping accurate digital records of your transactions becomes even more necessary. Our assistance will enable you to comply with the law.

With our all-inclusive unlimited service plan, we offer all accounting services required by UK businesses at a fixed monthly rate (also see accountants for small businesses). In addition, we will give you a discount on any existing company accounts you may have when you sign up for our all-inclusive service.

Let Our Accountants For Limited Company File Your Taxes!

Our pro-Limited Company Accountant at MA & CO knows where to squeeze out the cash from. Whether it’s saving up on your taxes for a limited company, working on your tax dividends, or working on the allowances for your assets. Once you have us on board, expect us to do all the paperwork for you. Ma & Co accountants for limited companies have great knowledge and they will do everything possible in their hands to help you gain profit and decrease your taxes as much as possible. We have our experts working for you.

Here’s How The Process Works

We offer inclusive accounting packages for your Limited Company, but we’d love to do it tailored to your needs if you are looking for customized services. Our Limited Company Accounting services include:

• File the Company’s Annual Return to Companies house every year. ( To be filed every year, within 28 days from the anniversary date of the company).

• File an Abbreviated Set of accounts to the company’s house every year. ( Within 9 months after the year-end date)

• Pay any Corporation Tax due, within 9 months and one day after the year-end date.

• File a full set of Accounts to HMRC every year. ( To be filed within 12 months after the year-end date)

• File Company Corporation tax return to HMRC- CT600 ( to be filed within 12 months after the year-end date).

• Register your Business for VAT if turnover is above the VAT threshold or you can register on a voluntary basis.

• File VAT returns usually quarterly – only if you are VAT registered.

• If you have employees, you should set up a PAYE system to collect income tax and National Insurance contributions.

• File monthly payroll under real-time information. Only when you have a PAYE scheme in place.

• File Self-assessment tax return every year – Being a director of the company. ( Only when you take a salary or dividends from the company)

• Other Requirements depend on individual circumstances such as filing P11D, etc.

What Is Included In Our Fee Usually Or What Do We Offer?

We offer inclusive accounting packages for your Limited Company, but if you are looking for what do we offer? It includes:-

• Unlimited face-to-face meetings

• Incorporation of a limited company*

• Help you to open a business bank account – where needed

• Preparation & filing of abbreviated accounts to Companies House

• Preparation and filing of a full set of accounts to HM Revenue & Customs – IXBRL format.

• Preparation & Filing of Company tax return(CT600) to HM Revenue & Customs

• Guide you on how the tax system works in the UK- Tax, N.I rates, etc.

• Guide you on how to keep good records

• Guide you if your business needs to be registered for VAT. Explain to you the available VAT schemes

• Provide your list of possible allowable expenses 

• Advise you about the tax liability & dates

• Act as an agent on your behalf and deal with HM Revenue & Customs

• Unlimited – Email and telephone support throughout the year

• Bookkeeping software

• Tax planning

Maintain Your Records

• Keep records of all Sale invoices

• Keep records of all Purchase invoices Expenses – if you are our client, you can request a list of possible allowable expenses. This will give you an idea of what you can and can’t claim.

• Keep records of business bank statements

• Keep Record of VAT – if registered

• Keep records of all the employees & casual labor

• Keep records of business credit card statements if any.

• Keep records of any other information that you believe is relevant

Small Limited Business

Our small limited Company accountant can look at your business and support not only your administrative documentation but also survey your business structure and give the understanding to augment incomes, limit squander

and convey your item to your customers in the most effective way.

Companies and Individuals' Tax Returns

Being a self-employed individual or company can be challenging enough without having to worry about self-assessment tax returns. It is possible that you find the process of submitting a tax return to be overly complicated, or perhaps you don't want to spend the time and energy needed. We can handle your self-assessment accounts and company tax requirements, protecting you from penalties and fines for mistakes or delays.

With our all-inclusive unlimited service plan, we provide all accounting services required by UK businesses and more for a fixed monthly fee. Additionally, we offer a discount on any existing tax returns you may have when you sign up for our all-inclusive service.

Expert accountants complete and submit your VAT return

Calculating and reporting VAT is a complex and time-consuming process. Your VAT returns will be filed by our accountants. We will handle every aspect of your VAT return, from ensuring that you are on the right scheme to ensuring that everything is properly accounted for. More Than Accountants will ensure that your returns are submitted on time.

For a fixed monthly fee, we offer an all-inclusive unlimited service plan that includes all the accounting services a UK business requires. In addition, we will give you a discount on any existing VAT returns you may have when you sign up for our all-inclusive service.

Bookkeeping Services 

You Can Count On

The task of bookkeeping is time-consuming for every business owner, and getting behind is common. You can avoid hours of catching up on work by using our managed bookkeeping solution. 

Our accountants will handle this crucial part of your business, giving you more time to focus on the things that matter most. 

Our all-inclusive unlimited service plan includes all accounting services a UK business needs and more for a fixed monthly fee. 

We will also give you a discount on any outstanding bookkeeping when you sign up for our all-inclusive service.

Important Management Information

Most small business owners are passionate about their product or service - not about managing their accounts and bookkeeping. Focus on the activities you enjoy while leaving the complicated process of handling taxes and accounts to us. So you don't have to worry about this difficult aspect of running a business, our professionals will handle it for you.

We will prepare your Profit & Loss Account and Balance Sheet on a monthly or quarterly basis. The experienced accountant will also provide you with an estimation of your tax liability in addition to providing personalised guidance

Payroll Management Services

Keeping track of payroll is critical - and nothing irritates employees more than an error or a delay in delivering pay slips. Our outsourced payroll solution ensures that your employees are paid on time and that their national insurance and pension contributions are calculated correctly. We will provide you with payslips and file your HMRC reports on your behalf. We provide the most comprehensive payroll service available, handling all aspects of a company's payroll.

With our all-inclusive unlimited service plan, we cover all accounting needs of a UK business and more for a fixed monthly fee. Additionally, when you sign up for our all-inclusive service, you will receive a discount on any outstanding payroll responsibilities.

Our Landlord Accountants will also advise you on accounting records that you need to keep a hold on and guide you on how to invest your rental gains. You or your company must

pay tax on the profit you make from renting out the property, after deductions for ‘allowable expenses

Allowable expenses are things you need to spend money on in the day-to-day running of the property, like:

• letting agents’ fees

• legal fees for lets of a year or less, or for renewing a lease for less than 50 years

• Accountants’ fees

• Buildings and contents insurance

• Interest on property loans

• Maintenance and repairs to the property (but not improvements)

• Utility bills, like gas, water, and electricity

• Rent, ground rent, service charges

• Council Tax

• Services you pay for, like cleaning or gardening

• Other direct costs of letting the property, like phone calls, stationery, and advertising

Non-Resident Landlords

You need to pay tax on your rental income if you rent out a property in the UK. You may also need to pay tax if you make it again when you sell residential property in the UK. If you live abroad for 6 months or more per year, you’re classed as a ‘non-resident landlord’ by HM Revenue and Customs HMRC (HM Revenue and Customs) – even if you’re a UK resident for tax purposes.

How you pay tax​

You can get your rent either:

• In full and pay tax through Self Assessment – if HMRC (HM Revenue and Customs) allows you to do this

• With tax already deducted by your letting agent or tenant

Under the Construction Industry Scheme ( CIS ), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs ( HMRC ). The deductions count as advance payments towards the subcontractor’s tax and National Insurance. Contractors must register for the scheme. For more information on CIS Tax Refund keep reading. 

We can claim for you some of these allowable expenses:​

• Protective Clothing

• Telephone – Mobile or Home

• Postage/Stationary

• Accountants’ fees

• Motor Expenses

• Small tools and consumables

• Plant/Equipment – Purchase, Hire & Repair

• Insurances, License, Repairs, Fuel

• HP interest, Parking, AA/RAC membership

• Other travel costs – train/taxi/bus fares

• Accommodation – Hotel/ subsistence

Who can help with a CIS Tax Refund?​

MA & CO Accountants is known for its reliable and efficient services. We provide you with the best accountants and the best solutions for your accountancy worries.

Let our CIS tax return accountants help you in managing your CIS tax returns. Call us now for a no-obligation quote on 07515424991, if you are looking for a low-cost fixed fee.

We have designed special packages for contracts due to the high demand for our diverse services. We have worked with a number of contractors from different paradigms e.g. IT, designers, Engineering, Finance, Doctors, Small businesses, Self-employed, and a lot more.

Unlike other firms we have a professional procedure when it comes to charging for our services, it makes it pretty obvious that there will be no awful surprising bills or hidden costs at all if you hire our professional Accountants for IT Contractors. Our professional all-inclusive accounting packages only start from £55 plus VAT per month with no hidden costs or no surprise bills at the year-end. Please select one of the packages and see what we have in the box for you.

MA & Co is a firm that only incorporates professional and experienced accountants, who are absolutely the best in their field of work. They have been providing contracting, bookkeeping, and taxation expertise to clients for years now, and that is their extensive experience that makes our services highly demanded in the London chartered accountancy arena. 

Our aim is to provide all sorts of small, medium, and large businesses with professional assistance with their accounts, at the most affordable prices that they have ever imagined. So if you need our assistance call us now and hire our absolutely professional and mature Contractor Accountants service.

Great, so you have decided to start your own business? We love working with start-ups with big ambitions. We have been working with a number of start-ups from different industries (including tech start-ups & fintech companies) for several years now and have extensive experience in dealing with the smartest minds this country has ever seen. 

What can we do for you?

• At Ma & Co, we can help you to decide the most appropriate business format – sole trader, partnership, or limited company. The business format has implications for taxation, raising finance, and personal liability, so it's vital to choose the right option

• Advising on setting up accounting records, including the use of online accounting & other software

• Guiding on who needs to be informed of a new business

• Deciding whether to register the business for VAT?

• Ensuring compliance with the relevant authorities.

When your business is more established, we can:

• Ensure all your tax returns are filed on time and you pay the correct amount of tax or N.I Contributions

• Make sure all the available tax reliefs are claimed to minimise the current & future tax liability.

• Advice on payroll preparation under the Real-time information (RTI)

• Help to prepare business plans and financial forecasts, where needed

• Advise you on how to manage the cash flow of a business so that the business does not run out of money

There is a lot more that we can offer, please get in touch with us or arrange a meeting to discuss the options.

Services For Startups

We offer a wide range of Accounting and taxation services for start-ups which includes the following services:

• Company Formations

• Help to open a bank account

• Apply for VAT registration

• Set up a payroll scheme

• Apply for corporation tax registration

• Setting up appropriate accounting systems

• Tax planning in advance for the year

• Annual accounts preparation

• Corporation tax preparation

• Bookkeeping

• Management reporting

• Payroll Management

• Pensions services

• VAT return preparation

• Personal self-assessment tax return preparation

Other Services:

• R&D Tax Credits

• SEIS & EIS

Sometimes it’s better to talk things over in person, Why not arrange a meeting with one of our experts to find out how Ma & Co can help you to take your business to the next level?

We are well aware of the fact that the accounting services for charity and non-profit organizations are not similar to the standard accounting practices. The accounting challenges for charities and not-for-profit entities are complicated and are constantly changing. For this reason, you need a qualified accountant who understands your needs and specialises in the sector to provide the best service that you deserve. 

What we can do for you:

If you are willing to set up a non-profit entity, choosing the right structure is imperative. Our expert charity accountant at Ma & Co Accountants will talk to you to choose the best structure as per your needs. Based on that, our accountant will advise you to select the most suitable structure by informing you of the nitty-gritty details of each. Whether you want to start a charitable company (limited by guarantee or trust) or a charitable incorporated organisation (CIO) or a Community interest company (CIC), we’ll provide you with deep insights into all to choose the one best for you.

What services do we offer?

As field expert accountants, we have inclusive accounting packages for not-for-profit entities, charities, community interest companies, and social enterprises. We offer support for charities in almost all areas of finance from accounts, bookkeeping, payroll, and tax to consultancy. We know that VAT and corporation tax can be challenging for not-for-profit entities and charities. But, our experienced accountants will be available to ensure you meet the tax liabilities without any hassle. Along with expert financial advice, we offer responsive support to our customers throughout the year. 

Our Team:

We have built a strong team of qualified professionals who are passionate about providing the best services for your not-for-profit entity. Our team ranges from Accountants, Tax consultants, and VAT experts to investment and compliance managers

What is an SPV company?

SPV is an abbreviation of a Special-purpose Vehicle (SPV), Such companies are set up for special purposes such as buying a property, Starting a specific venture, or setting up an investment company for a special purpose.

Due to section 24 interest restriction on property loans, the majority of the people in the UK are setting an SPV to buy the properties as interest as an allowable expense under the limited company. 

If you’re planning to set up an SPV, or already have an SPV and would like us to manage the company for you, our accountants for SPVs can help you.

While choosing an SPV accountant in London, Kindly ensure you are working with a qualified accountant in London, as there are different disclosure requirements under FRS102 and FRS 105.

Setup an SPV in no time

Setting up a Limited company is very easy in the UK, but setting up an SPV can be complicated as you have to choose the right S.I.C code to qualify for lenders’ requirements. Therefore, our accountants for SPV in the UK can help you from the beginning and will ensure you are on the right track from day one.  Set up the company yourself. We only charge £100 to set up an SPV for UK residents, Get in touch with us to find out more. 

Tax Benefits

There are several tax benefits available, e.g.

• If you are a high-rate taxpayer ( 40%, the company on the rental income will only pay 19%(2021/2022) corporation tax.

• If you take dividends of up to £2,000 a year, there will be no extra personal tax to pay. – You will be able to reinvest any retained profits without paying any Personal tax as long as you buy any future property under the same company.

• You will be able to expense the finance cost which includes the SPV mortgage interest under SPV.

Professional Accountants

As experienced SPV accountants in London, we closely work with many landlords and have helped them to set up SPV. If you are looking to buy the properties under a limited company, we can assess your personal circumstances/tax position and can guide you in the right direction.

The accountants at Ma & Co are competent and experienced in providing specialized advice to dentists.

The services we offer are tailored to the needs of dentists, including how we can help minimise your tax bills, comprehensive tax advice and consultation, financial assistance with the running of your practice, tax implications when selling or buying a dental practice, and all the assistance and guidance you need if you wish to raise capital.

To help dentists with their tax returns, we are sure to offer the right advice.

With Ma & Co Accountants, customer service is our top priority, and we treat our clients as partners.

With decades of experience handling dentists' accounts and those of other professionals, we have a wide range of expertise.

Get in touch with our dentist accountants if you need accountancy help or want to strengthen your practice's finances.

Tax Planning

Specialised advice to minimise tax bills.

Tax Investigation

Ex-Revenue staff experienced in handling the tax affairs of dentists.

Dental Business Advice

Business Advice to improve the performance of your practice.

Practice Purchase and Sale

The tax and business implications when buying or selling a practice.

Banking and Finance

Assistance obtaining practice finance and loan restructuring.

Personal Financial Planning

Our associates give specialised independent advice to dentists.

Specialist Accounts Preparation for Website Designers, Web Developers, Graphic Designers and Associated Creative and Technical Roles

Your creative and technical talents are what make you valuable to your clients and your ability to connect and understand their marketing needs and the message they are trying to convey is ultimately what earns you your fee.

When it comes to working with an accountant, you need to find someone who is approachable, financially astute and able to manage your financial and tax needs all under one roof. Preferably somebody experienced in providing specific accountancy services to your sector – this is where our accountants for web developers at Stratford can help.

Ma & Co Accountants, the best qualified Accountancy firm, brings you an amazing accounts preparation offer to self-employed Web Developers and Graphic Designers.

Wherever you are in the UK, you can trust the experts at  Ma & Co Accountants to maximise your position. We work with clients across the country. Gone are the days when your accountant needs to be local. The real value is in finding an accountant who really understands the sector in which you operate.

With our broad experience in preparing accounts for existing clients with your skills, our web developer accountants at Stratford would now like to leverage our expert knowledge to develop our client base further. To demonstrate the value that we can bring and, of course, the tax that we can save you, we are offering to prepare your tax return for a fixed fee of £300 inclusive of VAT. This is a short-term offer and is limited to the first 10 applicants to sign a contract.

This Value for Money bespoke service will help to streamline financial tax affairs and, crucially, ensure that your end-of-year tax return is submitted accurately and in the most effective way. In other words, in the most beneficial way for your own specific set of circumstances thus ensuring that your tax liability is minimised.

Ma & Co is well placed to service the needs of individuals operating from home, or those more established businesses with a regular client base. Our services can be delivered online with video conferencing and document delivery over secure email. The majority of the paperwork can be completed this way.

You can rest assured that a thorough review of your business affairs will ensure that all tax-saving opportunities will be considered.

Our Web Developer and Graphic Designer Accounts Package includes:

* A review of your expenditure to ensure maximum tax relief is claimed. We are absolutely confident that we can save you tax compared to individuals preparing their own tax returns.

* Full Financial Statements. Backed by the accreditation of the AAT and ACCA they are sufficient in proving your income, whether you're applying for a loan or mortgage or providing evidence to HM Revenue & Customs Tax Credits.

* Personal Tax Computation to support your tax return.

* Preparation of your self-assessment tax return and filing the same with HM Revenue & Customs.

* A consultant to discuss and review and discuss any issues you may have.

To qualify for our special rate, you must be a sole trader with no employees and turnover must be less than £50,000. You must also have traded for more than one year and be running only a single car for your business. You must have no other source of income other than bank/dividend interest and your books must have been maintained to a reasonable standard.

 We maintain a high standard of service and do not compromise our service when offering special offers.

If that’s not enough, here’s the icing on the cake. We will limit fee increases for the following year to 10% of the first year’s fee, assuming that the criteria mentioned above are maintained.

We reserve the right to withdraw this offer at any time and reserve the right to accept a client based on their assessment of the applicant and his/her tax affairs.

Ma & Co Accountants have the Accounting expertise and the business and personal commitment to help you to maximise the potential of your business.

Ma & Co Accountants can offer your Travel Agency the opportunity to fine-tune your finances to ensure that you're flying in the right direction. We specialise in the management of travel agent accounts by our accountants.

Increasingly, travel agents need the services of accountants as the internet has altered the landscape forever. A good accountant that has particular knowledge of the Travel business can make quite a difference to that column on your annual tax return that dictates the amount of money that must be handed over to the government.

Experts in Travel Agent Accounts Preparation

Travel agents, like many other businesses require the everyday functions of accountants, but in particular:

* Payroll

* VAT

* Tour Operators Margin Scheme (TOMS)

* Purchase Ledger bookkeeping

* Year End Accounts

* Tax Returns and/or Statutory Accounts

In addition to the above, through detailed and advanced accounting, our travel agent accountants at Stratford can add value to your everyday business. We have assisted clients with drawing up target-based remuneration for sales staff and bonus structures to help drive forward and energise the sales teams forward.

Sustained advertising can be an expensive business and knowing where bookings are being generated and crucially how much income they are generating is the key to a successful campaign. Through our bookkeeping methods, we can incorporate one or more income streams and report this back to you so that you have close control of the various returns on your advertising investments.

Contact us today to allow  Ma & Co Accountants to explain to you why, as a Travel Agent, there is no better accountant to assist with your fiscal affairs.

Specialised Accounting for Healthcare Professionals

At MA & CO Accountants Limited, we understand the unique financial needs of doctors and medical professionals. With extensive experience in the healthcare sector, we offer specialized accounting services designed to support your professional and personal financial goals.

Our Services Include:

• Financial Reporting: Management accounts, annual reports, and VAT Returns tailored for healthcare professionals.

• Bookkeeping & Management: Comprehensive bookkeeping and clear accounting for private fees.

• Financial Planning: Expert advice on financial forecasts, pension planning, and performance benchmarking.

• Strategic Financial Advice: Guidance on contract bidding, incorporation, partnership agreements, tax planning (inheritance and capital gains), mortgages, and pensions.

Why Choose Us?

• Expertise in Healthcare: Deep understanding of the financial challenges and opportunities specific to the medical profession.

• Comprehensive Support: From day-to-day accounting to long-term financial planning, we cover all your financial needs.

• Personalized Partnership: We don’t just manage your accounts; we aim to be your trusted financial partners.

Let Us Handle the Finances, So You Can Focus on Patient Care.

Ma & Co Accountants brings an amazing offer to Driving Instructors. We have a great deal of experience in preparing accounts for current Driving Instructor clients, so we would now like to use our expert knowledge to develop our client base further to maximise collective benefit.

Our accountants for Driving Instructors service local Driving Instructors which includes:

* A review of your expenditure to ensure maximum tax relief is claimed. We are absolutely confident that we can save you tax compared to individuals preparing their own tax returns.

* Full Financial Statements. Backed by the accreditation are sufficient in proving your income, whether you're applying for a loan or mortgage or providing evidence to HM Revenue & Customs Tax Credits.

* Personal Tax Computations to support your tax return. Preparation of your self-assessment tax return and filing the same with HM Revenue & Customs.

* A consultant to discuss and review any issues you may have.

To demonstrate the value that we can bring and of course the tax that we can save you, we are offering to prepare your tax return for a fixed fee, 

Our driving instructor accountants high standard of service and do not compromise our service when offering special offers. Ma & Co Accountants reserves the right to withdraw this offer at any time and reserves the right to accept a client based on their assessment of the applicant and his/her tax affairs.

As an IT Contractor, you will require the services of an Accountant if you operate either self-employed or as a Limited Company.

IT contractors are subject to IR35 rules and all contractors operating via a Limited company should concern themselves with this issue. An oversight could cost you thousands of pounds. Simply put, you need to be sure you fall outside the scope of IR35. In a landmark case, which has come to be known as “Dragonfly”, it was determined that the way you deliver your services is just as important in HM Revenue and Custom's eyes as your paper contract.

Specialist Accounts Preparation for IT Contractors

Our accountants for IT contractor service to assess whether you and your company remain outside the scope of IR35. You will receive impartial advice specific to your circumstances. The fact that you undergo this step acts as evidence that you have taken reasonable steps to ensure your compliance. This will be invaluable should you be investigated in the future.

Self-employed IT Contractors do not need to worry about IR35 as they will not be challenged by HM Revenue & Customs.

Whether you are in or out of IR35, accounts, and tax returns need to be prepared and filed. Ma & Co Accountants apart from preparing your year-end accounts and tax returns our IT contractor accountants can guide you in almost any area of accountancy and tax. Whether this is deciding to invest in a company car, make other investments, or any other commercial decisions, we can help you structure your affairs in the most beneficial way. Considerations are always given to both tax and non-tax issues.