Penpoll Accounts are based outside of Bodmin, Cornwall and are a small accountancy practice specialising in small businesses, offering an efficient, prompt and personal service.
Fully qualified licensed member of the AAT (Association of Accounting Technicians) & Member of ATT (Association of Tax Technicians)
Sole traders, Partnerships - we offer a complete bookkeeping service
We can offer expert advice as you need it, for as long as you need
We will complete and submit your annual Self Assessment return to HMRC, online
Employees like the comfort of being paid correctly - any errors made can be costly and worrying
We can prepare and submit your vat returns online and on time
Penpoll Accounts is a friendly, professional accountancy practice that provide a personal service.
We have been in practice for over 13 years and have built up a highly regarded reputation in offering a quality, local service to small businesses.
View Our Services
SELF-ASSESSMENTS
- For personal or business tax, whether it for the sole trader, partnership or if you are an individual that rents a property, has savings and pensions we can help.
We will provide a Statement of Earnings informing you of your Income Tax and National Insurance liabilities, complete the self-assessment form online and send you a copy for you to check and approve, before we submit online on your behalf to HMRC.
DO I NEED A TAX RETURN?
If you received a notification since last April saying you need to submit a self-assessment form, then you must do it. If you fall into one of the following categories it's likely you'll need to file a return even if you have not received a notification:
• You are self-employed.
• You are a company director.
• Your annual income is £100,000 or more.
• You have an income from savings, investment or property.
• You need to claim expenses or relief's.
• You or your partner receives child benefit and your income is over £60,000.
WHAT IF I AM LATE PAYING?
If you're late making your payment on account you'll be charged interest. This is on top of the minimum £100 fine for missing the deadline for filing your tax return.
Let us at Penpoll Accounts take all the worry and hassle away, we will complete and submit your annual Self Assessment return to HMRC, online. All you need to do is make sure you pay the amount payable when you receive the notification letter.
Paying fines, or missing out on claimable expenses, can make the world of difference to your life. By letting us do the hard work, you can relax in the knowledge that we will prepare and submit your legal responsibilities on time and in compliance with HMRC regulations.
PAYROLL SERVICES
- Taking the headache out of payroll, employees like the comfort of being paid correctly and any errors made can be costly and worrying, so let us remove the stress.
At Penpoll Accounts we ensure your staff are paid on time and correctly, we act as your agent with HMRC and will deal with HMRC on your behalf, covering starters, leavers, tax code changes throughout the year and all statutory payments.
Just give us your staff’s hours each pay period and we will do the rest giving you peace of mind.
Real Time Information (RTI) submissions will be taken care of as well as payslip's supplied, we will inform you of your quarterly or monthly payments due to HMRC.
Auto Enrolment refers to new legislation requiring Employer’s to enrol all eligible Employee’s into a qualifying workplace pension scheme.
We can assist employers with an affordable solution to support the small business and making sure you comply with legislation.
BOOKKEEPING SERVICES
Our clients include Sole traders and Partnerships and offer a complete bookkeeping service that they can rely on. Many of our clients have come to us through recommendation and we take pride in maintaining our reputation.
We have a very flexible approach to meeting our client’s requirements and can either work onsite at clients’ premises or at our office. We are fully trained and have many years of experience dealing with small business.
We make it our business to understand your business giving you real peace of mind.
Why do you need a professional bookkeeping accountancy service?
• It is a legal requirement to keep accurate accounting records.
• Avoid penalties for late filing of accounts or VAT Returns.
• Recording all expenses can ensure that you pay less tax.
• Know the state of your business.
• Ensure suppliers are paid on time & only paid what you owe.
• Make year-end a much smoother process.
• Ensure compliance with the Money Laundering Act.
• Spend more time generating new business.
VAT SERVICES
If you are already vat registered or are thinking of going vat registered we are here to help you. We can prepare and submit your vat returns online and on time. We will then inform you of any vat amount to be paid or if you are going to receive a reimbursement.
COMPLETING A VAT RETURN
The VAT Return contains information about your sales and purchases. In essence this will include the following information:
• VAT recorded on your sales invoices.
• VAT due on acquisitions from EU countries.
• VAT recorded on your purchases + VAT due on acquisitions.
• Your total sales excluding VAT.
• Your total purchases excluding VAT.
• Total value of goods you sold to EU countries
• Total value of goods you bought from EU countries.
OTHER SERVICES INCLUDE:
Sole traders accounts preparation
Partnerships accounts preparation
For more information regarding any of the services we provide, please get in touch..
01208 821846