PROFESSIONAL AND FRIENDLY SERVICE

JASH BURTON B’CHAUCER has a strong reputation for excellence. We provide our clients with a personal and friendly service. Our accountancy services include the following:

YEAR END ACCOUNTS

Incorporated businesses or companies are required to file their abbreviated accounts to Companies House within nine months of their accounting year end. Failure to submit your accounts on time to Companies House can result in a fine starting at £150.00 and rising to anything up to £1,500

It is our responsibility at Jash Burton B’Chaucer, to ensure that you are up-to-date with your records..

At Jash Burton B’Chaucer, we will not just prepare your yearend accounts, we will review and go through the figures with you. We will ensure that you are in the know on how your business is performing finance wise and, if needed, provide directions and suggestions on how you can improve and perfect your current systems to make it work best for you.

Our philosophy does not allow a once in a year letter or phone call from us regarding your yearend accounts,  We will not waiver in our quest to ensure our clients possess an up to date knowledge they need to run a successful business.

BOOK KEEPING

As already promised, you focus on business strategy and the day-to-day running of your business and we take care of the numbers. Having to record transactions daily can be daunting and boring, but we don’t mind at all to assist you with that.

At Jash Burton B’Chaucer we offer full support with our clients bookkeeping needs, which ranges from day to day recording of transactions, weekly/monthly payroll work, preparation of quarterly/annual VAT Returns and monthly/quarterly management accounts.

Many small businesses have no idea how their businesses are faring or in which direction it is heading until after the year end accounts preparation. Monthly and quarterly Management accounts help deal with this problem as it highlights your turnover and profits/losses and on top of this, as we will be monitoring the figures each month, we will be able to advise, in real time, the areas of concern.

If you are looking for a bookkeeper look no further. Jash Burton B’Chaucer is here to help…just give us a call.

TAXATION

At Jash Burton B’Chaucer we acknowledge that everyone is different and every business is unique. Our tax return and corporation tax services are therefore not a one size fits all; it is carefully designed around your needs and preferences.

Individuals: We don’t just prepare tax returns, we advise across the range of income, capital gains, etc, helping you to better manage your finances, secure your future and protect your wealth.

Companies: We advise your business on statutory requirements and the most effective means of fulfilling your statutory obligations.

The nature of a business will mainly determine the available tax reliefs – so at Jash Burton B’Chaucer, our specialist team regularly assists clients to take advantage of available reliefs and ensures that clients understand any changes in the tax legislation and take full advantage of all available benefits.

Tax Zone

TAX PLANNING
A critical element in the complete provision of professional service is taxation. Taxation has a major impact on both individuals and corporate businesses and is becoming more and more complex. Our tax engagements focus on timely tax return preparation and on generating innovative ideas to legally reduce your existing tax burden. By taking a pro-active approach towards tax planning, we combine creativity with our in-depth knowledge of the tax legislation to develop effective strategies to achieve your goals.
CORPORATE TAX ADVICE
We understand that every business is unique so as well as preparing your corporate tax returns we can also advise your business on statutory requirements and the most effective means of fulfilling these obligations. The nature of a business will mainly determine the available tax reliefs – so at Jash Burton B’Chaucer, our specialist team regularly assists clients to take advantage of available reliefs and also ensures that clients understand any changes in the tax legislation and take full advantage of available reliefs and benefits.
TAXATION
At Jash Burton B’Chaucer we acknowledge that everyone is different. Our tax return service is therefore not a one size fits all; it is carefully designed around your needs and preferences. We don’t just prepare tax returns, we advise across the range of income, capital gains, etc, helping you to better manage your finances, secure your future and protect your wealth for your family and business.
INDIVIDUAL TAX ADVICE
At Jash Burton B’Chaucer we understand the importance of effective planning in assessing an individual tax liability. Our objective is always to ensure that our clients have the necessary structures in place to reduce their tax burden. We will endeavour to represent our clients in all their contact with HM Revenue and guarantee an excellent tax advice. We will claim back any overpaid tax
OVERPAID TAX CLAIM

Year on year many people will have overpaid tax for the fiscal year. There are many reasons for that happening. These include erroneous tax code, maybe you had a number of jobs or you may have stopped work part way through the tax year. Tax may have been deducted from your savings income when you are actually a non-taxpayer or you may not have claimed all available reliefs you were liable to claim. If you have overpaid tax, how do you get it back?

Erroneous Tax Code A wrong tax code could only mean one thing – the wrong amount of tax will have been deducted from your daily, weekly or monthly pay. This may result in overpayment of tax. You can contact us to check how much tax you should have paid, but you can also use the calculator on the HMRC website which can be found here: www.gov.uk/check-income-tax. It is usually the case that the Revenue do check employee pay records and you should receive a tax calculation (P800) from HMRC by the end of July if you have overpaid tax and by the end of September if you have under paid. If one is due a refund this should be received within 14 days of receiving the tax calculation from HMRC. Discontinued Work If you are an employee and you stop work part way through the tax year and do not work for the remaining period of that year, you may overpay tax as you will not have received the benefit of your full personal allowance during the year. If that is the case, then you can claim a refund by completing form P50, if you are not claiming benefits and not going to be working for at least four weeks. The form P50 can be found here: https://www.gov.uk/government/publications/income-tax-claiming-tax-back-when-you-have-stopped-working-p50 Non Tax Payer and Savings Income Non-taxpayers shouldn’t pay tax on their savings income. If you are a non-taxpayer and tax was deducted from your savings income, then you should be able to reclaim it by completing and submitting form R40 the Revenue. The form R40 can be found here: https://www.gov.uk/government/publications/income-tax-claim-for-repayment-of-tax-deducted-from-savings-and-investments-r40)
TAX RETURN
Anyone who has registered for self-assessment and thinks that he/she may have overpaid tax, he/she can file a tax return. Once the return has been filed, your self-assessment account will show that there has been an overpayment of tax and more often than not a repayment should be made by the Revenue immediately.