If you’re running a business, you can find that the day-to-day financial issues take up more time and resources than you’d like.
By working with us, your business can benefit from our outsourcing services. You’ll benefit from timely, useful financial information, to help you with decision-making and forward planning, without ever having to worry about updating software or covering for staff sickness or holidays.
Benefit from the peace of mind our highly skilled team provides. The level of service can vary from the simple temporary cover of staff up to the complete outsourcing of a financial function such as the following:
Payroll Services
As the business grows, so does the need to run a payroll system effectively. That’s why most growing businesses outsource this service to a professional organisation. Managing payroll is rather difficult because of its evolving rules and regulations and several inclusions like salaries, wages deductions, PAYE, pension contributions, bonuses, allowances, sick pay and loans, etc. Despite such a diverse range of payroll items, Care accountancy provides a comprehensive payroll service with a number of satisfied customers.
Trust Accounts
An effectively managed trust account can save your beneficiaries considerable inheritance tax liability. After knowing your family background and tax situation, we will advise you which type of trust will suit your circumstances. After forming the Trust account, we will then assist in the formation of a tax return. Our advisors also collaborate with your solicitor to help them create the best trust for you and your beneficiaries.
Auto Enrolment
According to Pensions Act 2008, every employer should enroll their employees into the workplace pension scheme; and auto-enrolment means automatic enrolment for the workplace pension. Care accountancy helps you choose a suitable pension scheme and assess the cost of implying that scheme. We will also manage your payroll function and ensure full auto-enrolment compliance.
Let Property Campaign
Let Property Campaign allows landlords to declare hidden rental income that they had not disclosed previously. It is kind of a second chance for such landlords to update their tax affairs. But once HMRC finds out that you have undeclared rental income, there is no way you can take advantage of the scheme and will have to face HMRC’s enquiries and compliance checks. The general sequence is to notify the HMRC and then disclose the unveiled income and make a formal offer; HMRC will send an acceptance letter if it seems true and fair.