Business

Starting a New Business?

There are several ways to structure a business. Each has advantages and disadvantages, which we can talk through with you.

According to official statistics there were 5.7 million businesses in the UK in 2017. Of these around 3.9 million were limited companies and the balance are sole traders or partnerships.

Already in Business?

We pride ourselves on our client relationships which gives us a great opportunity to retain our clients for a long time.As we continue to grow, we welcome new clients who benefit from our high level of service and our very competitive fixed fee structure.

The B20 Wessex Payroll Bureau offers a comprehensive and competitively priced range of services for your business. Our experienced,in-house team carry out full payroll services in the absence of full time staff, relieving you of what can often be a significant accounting burden.

Our services include day-to-day bookkeeping and payroll and maintaining your VAT records, all of which can be managed online or in person at your business premises. Services are tailored to the need of our clients, whatever size or industry.

B20 Wessex is member of the Sage Accountants Network, and our specialist knowledge can help improve the efficiency and effectiveness of your business accounting.

Documents

By preparing the following documents for you we can help you comply with Company Law and HMRC;

  • Statutory accounts for companies
  • Business accounts for the self employed
  • Tax returns
  • VAT returns
  • Payroll

We will remind you when we need the information from you to prepare the documents and advise you when they are due – helping you to avoid non-compliance fines and penalties

Could you be running your business more effectively?

Talk to us about how we may be able to help you run your business more effectively by preparing regular financial reports tailored to your needs with forecasts for future cash flows and profits, and we will explain them to you as well.

  • Sage
  • ACCA
  • Business against poverty
  • BOB
  • QuickBooks partner

Announcements

Company Accounts for Year Ending 31st May

If your year end is 31st May, the filing deadline for your company accounts is 28th February (or 29th for a leap year).

VAT for Quarter Ending 31st January

If your last VAT quarter ends on 31st January the filing deadline is 28th February (or 29th for a leap year) and payment is due by 7th March.

February Payroll and RTI

File your monthly RTI reports for February payroll by 5th March and pay HMRC by 19th March.

Corporation Tax for Year Ending 31st May

If your year end is 31st May the deadline for payment of corporation tax is 1st March.

Company Accounts

At B20 Wessex we are Chartered Certified Accountants with years of experience in advising businesses on how to maximise their company tax savings.

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Company Accounts

Payroll Bureau

The B20 Wessex Payroll Bureau offers a comprehensive range of services for your business at competitive rates. We offer our customers a comprehensive payroll service, supporting your business at the fraction of the cost of a full time member of staff.

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Payroll Bureau

Self Assessment Tax Returns

If you are in business as a sole trader you are personally responsible for your business activities. Talk to us for more information about sole trader responsibilities and advice on becoming a sole trader.

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Self Assessment Tax Returns

Management Accounts

As a chartered, certified accountant we are well qualified to help you prepare your management accounts on a regular basis, so that you can keep track of your business.

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Management Accounts

Partners

Business Against Poverty
ACCA
Sage
QuickBooks
Business Over Breakfast