At Xtract Accounting, we understand that business owners might prefer to spend their valuable time on developing their business and will instead seek the advice of an accountant to help them Xtract funds tax efficiently and streamline their administrative tasks.
If that sounds like you, look no further than our fixed fee, all-inclusive monthly Accounting and Tax Advice service!
ABOUT THIS SERVICE
As the title suggests, this is a monthly and proactive service aimed at helping Directors of Limited Companies to maximise their tax efficient income, whilst also streamlining their administrative tasks.
We'll create a profit extraction strategy tailored to your personal circumstances and we'll provide monthly advice to help you to maintain it throughout the tax year. We'll also provide you with easy to use cloud accounting software at no extra cost, to help with keeping your accounts and tax organised.
And unlike other accountants, we don't offer five variations of the same service and give them fancy names like "Platinum" or "Elite", nor are there any add-on's and hidden extra costs, and we certainly don't vary our fees depending on your annual turnover!
We offer our clients just one all-inclusive, transparent and affordable service,
so you'll know exactly where you stand and what you can expect from us.
All for a fixed monthly fee of £130+VAT.
THE BENEFITS IN DETAIL
Take a look through the many benefits this service has to offer
INCLUSIVE CLOUD ACCOUNTING SOFTWARE
We've partnered with FreeAgent, the UK's best Cloud Accounting software for small businesses. Use it on your mobile, sync it with your business bank account and see your company finances in real-time. Learn about FreeAgent.
MONTHLY HEALTH CHECKS
We'll review your accounting data and prepare your easy to understand Monthly Statement, including a profit and loss snapshot and advice on maintaining your personalised tax efficient profit extraction strategy.
Your dedicated accountant will get to know you and your business personally and will be proactive in offering tax and money-saving advice, whilst also ensuring to promptly answer your questions.
INCLUSIVE REGISTERED OFFICE ADDRESS SERVICE
Increase your privacy and security by shielding your residential address from the public eye using our Registered Office Address service. We'll complete and submit the paperwork on your behalf and we'll even handle all official mail for you.
Having a busy month and in need of a helping hand with the bookkeeping?
We've got your back!
Your dedicated accountant will be happy to offer their expertise and assistance for up to one hour per month.
INCLUSIVE SELF-ASSESSMENT RETURN'S
We'll prepare and submit to HMRC annual Self-Assessment Tax Return's for up to two Directors. We'll automatically remind you of submission and payment deadlines, as well as provide you with tax bill estimates throughout the tax year.
In addition to the above, this service includes everything detailed below:
If required, our Company Formation Service at no extra cost (saving £250+VAT)
24/7 access to your accounting records in the cloud
Preparation of your company's annual accounts/financial statements
Completion and submission of your company's:
Monthly payroll for up to three employees (including up to two directors) to HMRC
Quarterly VAT Return's to HMRC
Annual Abridged accounts to Companies House
Annual Corporation Tax Return to HMRC
Annual Confirmation Statement to Companies House (including payment of filing fee)
Calculation of PAYE/NIC deductions and payments due to HMRC
Preparation of an annual salary forecast for up to two Directors
General accountancy, tax and bookkeeping support by email and telephone
Automatic Dividend documentation
Up to two Accountant's references per year provided for up to two Directors
All of the above for a fixed monthly fee of £130+VAT.
Whilst this service is an all inclusive service, we would be happy to discuss and
consider requests to vary the service to meet your requirements
(e.g. payroll for an extra employee or a tax return for a spouse of a director).
Contact us today to get on board and start seeing the benefits of this service.
Thinking of switching accountants?
We'll do all the leg work so you don't have to!