Upon completion and submission of the final VAT and Payroll.
Upon completion and submission of the final VAT and Payroll, the next step would be to complete the final accounts. We ensure all the tests undertaken throughout the year are then applied to the final accounts test.
Once this is all inputted after extracting the data from Sage. We ensure it’s all balancing and that they are ready to be submitted to HMRC and within our test; there is a calculation of Corporation Tax. Once all this is complete, we advise our business partner of the potential Value of the corporation tax and that all areas have been captured so that all accounts are true and fair.
There after the accounts will be submitted to both Companies House and HMRC. All submissions are done upon the satisfaction and understanding of the business partner.