Self Assessment is often thought of as only being a requirement for individuals that work for themselves, however you may still be required to file a return if:
You are self-employed
You are a company director
Your annual income is over £100,000
You have income from savings, investment or property
You are 65 and receive a reduced age-related allowance
You need to claim expenses or reliefs
You receive income from overseas
You have income from trusts, settlements and estates
You have Capital Gains Tax to pay
You or your partner receive Child Benefit and your income is over £50,000
If you think you might need to complete a Self assessment return, please contact us
If circumstances such as staff sickness or holiday find you needing a bookkeeper for short-term cover, we can provide on-site services to takeover duties such as:
Payroll cover
General bookkeeping
VAT returns
Cashflow
Coding and processing of all Sales and Purchase invoices
Posting of all payments via the Purchase Ledger, Nominal Ledger and Bank
Reconciliation of bank accounts
Processing of personal expenses
Management Accounts
Balance Sheet reconciliations
Managing petty cash and credit card payments
One of the major benefits of in-house training is the flexibility it offers organisations seeking to implement bespoke training which addresses their specific business needs
A PBT trainer will come to your premises to train a group or individual members of your staff.
We can help with Sage, Xero, Quickbooks, Excel and various other programmes. At PBT we also have experts on hand to help with procedures and compliance.
Why choose us? At PBT we have expert Accountants:
Combined payroll knowledge of over 30 years
Payroll qualifications
Use of the newest payroll technology and our software experts
A dedicated payroll officer
BrightPay is fully HMRC recognised, supports all RTI submission types and includes full auto-enrolment functionality.
We can help you record the day-to-day financial transactions of your organisation and bring the books (sales, purchases, receipts and payments) to the trial balance stage. This service could help you concentrate on what you do best: running your business.
Our bookkeeping services include, but are not limited to:
Coding and processing of all Sales and Purchase invoices
Managing petty cash and credit card payments
Bank accounts reconciled.
Any ad-hoc duties required for your business
Posting of all payments via the Purchase Ledger, Nominal Ledger and Bank
Production and reconciliation of aged creditor reports against supplier statements
Processing of personal expenses
If you are registered for VAT, you might need a bookkeeper to keep your accounts in order and make sure you are paying the correct amount to the government. HMRC have strengthened their powers to investigate fraud from April 2011.
To save yourself time and a potential headache, we can help you with the following:
Production of your VAT Return ready for HMRC submission
Online filing for monthly, quarterly or yearly submission
Cash Accounting Scheme
Tour Operators Scheme (TOMS)
All VAT bookkeeping within your Accounts
Every business is required to produce accounts on an annual basis in order to meet regulatory requirements.
The team of Accountants at PBT will complete your accounts from whatever records you keep, from any accounting software, bank statements or a carrier bag full of old receipts.
This service can include, but is not limited to:
File annual accounts with Companies House
Calculating Corporation Tax or tell HMRC that your limited company doesn’t owe any
File a Company Tax Return
Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs, this will mean the end of the annual tax return for millions and will be a significant change for most businesses.
HMRC’s ambition is to become one of the most digitally advanced tax administrations in the world.
Making Tax Digital is making fundamental changes to the way the tax system works – transforming tax administration so that it is:
more effective ● more efficient ● easier for taxpayers to get their tax right
Making Tax Digital for VAT
All VAT-registered businesses are required to follow the Making Tax Digital rules by keeping digital records and using software to submit their VAT returns.
Making Tax Digital for Income Tax
Self-employed businesses and landlords with annual business or property income above £10,000 will need to follow the rules for Making Tax Digital for Income Tax from 6 April 2026
Making Tax Digital for Corporation Tax
The government will provide businesses with an opportunity to take part in a pilot for Making Tax Digital for Corporation Tax and will not mandate its usage before 2026.
Accountants certificate for Mortgage applications
If you are applying for a mortgage and have been told by your lender that you will need to submit an income certification prepared by professional accountants then PBT are here to help. We provide a swift turnaround for income certifications, allowing your mortgage application to proceed without delay.
Most banks and mortgage lenders require at least two years of accounting records before even considering lending and therefore it is imperative that you have a set of organised, up-to-date and professionally produced accounts which show your income to be either stable or rising.
You will be required to provide a lenders own accountant certificate completed by us or Self-assessment tax forms (SA302) plus supporting tax year overviews (TYOs).
Applying for a passport is not always easy, especially when it comes to finding someone to countersign your application. We can provide you with all the necessary information surrounding the rules and guidelines of getting your application countersigned, and help you seamlessly navigate the process. Our team of accountants at PBT are recognised as professionals to do this for you.
Contact our team to find out more about how we can help you today!