Bookkeeping

BookkeepingWe offer a proficient and specialist service which takes care of all your bookkeeping and accounting needs, leaving you free to take care of the day-to-day running of your business.

We strive to give you complete peace of mind by working hard to develop a close business relationship with you, and to gain a full and complete understanding of your business, before we develop our bespoke service for you. We can update your own systems or maintain your records at our offices. Our work can be carried our at your premises, or if you prefer we can take your records away to suit your convenience.

By regularly maintaining your accounting records you will have access to timely reports that can help you to understand how your business is performing. It will also reduce the time required at the end of your accounting year to produce your financial statements and tax computations.

VAT

For our VAT registered clients as part of our bookkeeping services we can assist with the preparation and submission of VAT returns.

If you are unsure if your business should register or de-register for VAT we can review your results and advise you as to the appropriate actions or choices. We can also assist with any applications required.

PAYROLL SERVICES

We can prepare salary calculations on your behalf or advise you on the appropriate rates and deductions to assist you in the operation of your payroll.

If you require us to manage your payroll completely we will also advise the monthly remittance payments required to the Isle of Man Government.

We can also assist with the annual preparation of year end forms and returns.

STATUTORY MATTERS

Your business may have statutory filings to make such as an annual business name declaration or, in the case of a company, submission of an annual return. We can prepare any relevant forms and returns for you to help ensure that your business is fully compliant.

DEADLINES

Running your own business usually means that you have a lot to remember and it can be all to easy to forget an impending deadline. We maintain a central register of key dates for our clients so that we can remind you when certain dates are approaching to ensure that you comply with obligations and avoid any fines.