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HMRC genuine and phishing/bogus emails and calls
HMRC have issued an update of their guidance on how to recognise genuine HMRC contact be it via email or text.Read more >
8 Aug 2017
Latest Labour Market Statistics
The latest labour market statistics for the period March to May 2017 showed a 175,000 rise in employment and 64,000 fall in unemployment.Read more >
7 Aug 2017
New timetable for Making Tax Digital
The government has announced a revised timetable for the introduction of Making Tax Digital for Business (MTDfB).Read more >
4 Aug 2017
Solihull Chamber News Column - 24th August 2017
The Chamber’s Quarterly Business Report (QBR) always highlights some interesting information on what is happening in the business worl...Read more >
24 Aug 2017
Solihull Chamber News Column - 10th august 2017
As Brexit becomes a reality, the Chamber of Commerce’s International Hub is stepping up its drive to encourage and help businesses to ...Read more >
10 Aug 2017
Auto enrolment webinar with NOW: Pensions
In Partnership with one of the leading pension providers in the UK, NOW: Pensions, Prime recently hosted a webinar to explain Auto Enr...Read more >
25 Jul 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 However, incomplete, out of date records contribute to losing sight of cash flow which could easily result in your business failing but could also lead to incorrect tax returns and ultimately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