Subscribe to our e-news
Register now to receive regular e-news bulletins designed for business owners and individuals.
Please enter your email address below:
Rising employment statistics
The Office for National Statistics has published the latest employment statistics which reveal:Read more >
12 Jun 2017
TPR name and shame those who fail to comply
The latest Compliance and Enforcement Bulletin from the Pensions Regulator (TPR) makes interesting reading as it sets out cases and th...Read more >
11 Jun 2017
Advisory fuel rates for company cars
New company car advisory fuel rates have been published which took effect from 1 June 2017. The guidance states: ‘You can use the...Read more >
9 Jun 2017
Second Hand Cars for Business? A REAL Alternative!
I’m Chris, the founder of a Solihull based business with an International customer base. In the last 12 months, I’ve seen my bus...Read more >
26 Jun 2017
Auto enrolment is not a ‘one off’ job
Employers need to carry out a number of tasks on an ongoing basis to remain fully compliant with the law.Read more >
15 Jun 2017
Check of employer records
HMRC have been tasked to raise additional revenue. This will be achieved through a variety of methods, including increased employer complian...Read more >
30 May 2017
Contact Prime Today
Book keeping can be an overwhelming task to discuss your requirements, please contact us for a free initial meeting.Please Email Us >
Good quality records can tell you everything you need to know about your business, such as how much money you are owed and what you owe to suppliers, as well as monitoring your profit. However, incomplete, out of date records contribute to losing sight of cash flow which could easily result in your business failing but could also lead to incorrect tax returns and ultimately a tax enquiry.
By law, all business owners have a responsibility to demonstrate they have taken reasonable care in telling HMRC their tax liability and good book keeping can assist with this. But HMRC has estimated that around 40% of SMEs have a problem with their business record keeping, leading to an underassessment of tax payments and the emergence of Business Record Checks. Will your business records measure up under scrutiny?
Prime Chartered Accountants can take care of all your book keeping and accounting needs through our flexible and reliable outsourcing service, leaving you more time to run your business with full peace of mind. Our expert team has decades of experience in advising SMEs on keeping good records, not only to fulfil statutory requirements but also to provide the information to run their businesses effectively. Our service covers various ways to manage your accounts to suit your business and includes:
- Basic data entry
- Debtor and creditor listings
- Paying suppliers using our BACS bureau
- VAT returns
- Production of regular reports and detailed management accounts information and key statistics
Prime has extensive knowledge of Sage, QuickBooks and many other book keeping packages including the new online offerings such as Xero, so we can help you to determine which method of record keeping is suitable for you.
Call Prime Today - we're here to help
Book keeping can be viewed by some SMEs as an overwhelming task and yet more administration to fit into a busy day. For the sake of your business, don’t put it aside. Call Prime today to help relieve the burden of book keeping.
Coventry - 024 7651 8555 or Solihull - 0121 711 2468