FAQs

We tailor our payroll service to your requirements weekly, fortnightly, or monthly.

Yes, we manage all aspects of workplace pension compliance.

We stay ahead of legislation, this ensures your business remains compliant without you having to do anything.

We stay ahead of legislation, this ensures your business remains compliant without you having to do anything.

Yes. Software is a great tool, but it still requires accurate data entry and regular checks. A bookkeeping service ensures everything is correct, compliant, and up to date.

Ideally, bookkeeping should be maintained weekly or monthly to keep your records accurate and avoid last-minute stress.

Yes, all VAT-registered businesses must file a return even if there is no VAT due.

You will receive penalty points and eventually a £200 fine, plus interest on unpaid VAT.

Yes, you must still file a return even if you made no profit or owe no tax.

Payment plans are a potential option with HMRC, although interest may still apply to late payments.

It depends on your work situation. PAYE (Pay As You Earn) is the standard payroll system where tax and National Insurance are deducted before you receive your wages, ideal for employees. CIS, on the other hand, is for self-employed subcontractors in construction who get paid after a tax deduction of 20% or 30%. Being on CIS gives you more independence, but you also need to manage your own tax returns. If you prefer stability and benefits like sick pay and holiday pay, PAYE might be better for you.

No, they’re different. Your UTR (Unique Taxpayer Reference) is a 10-digit number given to you when you register for self-assessment with HMRC it’s used for tax identification. CIS is a scheme, and while you need a UTR to register for CIS, the two are not the same thing.

It’s a mandatory annual filing that confirms your company details, including directors, shareholders, and PSCs, are accurate and up-to-date.

You must maintain accurate details of directors, shareholders, PSCs, and company accounts. We can manage these records for you

Projects that aim to advance science or technology and involve overcoming technical uncertainties. Examples include developing new products, improving processes, or creating innovative software.

Yes, if you are a UK company undertaking qualifying R&D activities. It is not limited to tech businesses manufacturing, engineering, and even food production companies can qualify.

If all your income is taxed through PAYE, you do not usually need to file. However, if you have extra income (e.g., rental or investments), you must submit a return.

Yes. UK law requires all employers to provide a workplace pension for eligible staff, even if you employ just one person. This is part of the automatic enrolment rule

Auto-enrolment doesn’t apply. You will need a personal pension or a self-invested personal pension (SIPP).

Yes. HMRC requires you to use MTD compatible software or bridging tools to keep digital records and submit returns. Spreadsheets alone are not acceptable unless linked to approved software. We use Xero, so rest assured you will have access to the correct software to stay compliant.

No, payment deadlines remain the same. MTD changes how you report, but not when you pay.