In recent years, it has become a legal requirement for all businesses providing accounting, bookkeeping and payroll services to comply with various regulations and register with the supervising bodies.
Here is a summary of how we comply:
HMRC online submission of VAT & Tax Returns
The Government is gradually making online submissions to HMRC compulsory instead of paper-based submissions. Accounting Services for Business must be registered with HMRC for on-line submissions.
We are able to submit all statutory returns to HMRC online. This includes VAT, CIS, Corporation Tax, Self Assessment, PAYE, Partnership Returns.
Online Filing ensures that all submissions are received by HMRC within the deadlines without risk of postal delays and potential penalties that would arise from late arrival.
Data Protection Act Compliance
We are registered with the Information Commissioner’s Office in compliance with the Data Protection Act.
Money Laundering Regulations
We Comply with the Money Laundering Regulations 2007 by being directly registered with HM Revenue and Custom.