Limited-Liability Partnership

PARTENERSHIP BUSINESS ACCOUNTS AND FINANCIAL STATEMENTS

• Setting up a bookkeeping system, either online or desktop, tailored to your needs. For benefits of online bookkeeping click here
• Preparation of Profit and Loss account and Balance Sheet
• Preparation and filing of financial statements in the format required by the Companies Act 2006

TAX

• Tax planning
• Calculation ofpartners’Iincome Tax and Capital Gains Tax based on the LLP’s business accounts for inclusion in the partnership tax return
• Preparation of partnership Self Assessment tax returns

PAYROLL

• Setting up your PAYE system and run monthly /weekly payroll for you (if LLP is employing staff)

VAT

• VAT registration (if LLP’s turnover is or is likely to exceed £68000 or when you voluntarily wish to do so)
• Calculation of LLP’s VAT liability and electronically file VAT returns