Bookkeeping Support Services and VAT

Over the years Carters have played an active role in providing bookkeeping services to many of our clients. Often this is because the business does not have the expertise in house and is perhaps at an early stage in its development where hiring permanent staff to deal with the accounting side of the business is difficult or not yet a viable option. Carters can provide weekly, monthly or quarterly support with services provided on a basis to suit the business and its owners. This can involve basic processing of accounting information, preparing bank and control account reconciliations and up to preparing full management accounts. This can also lead to savings when it comes to preparing the full year’s financial accounts where we have been involved throughout the year.

We also prepare VAT returns for many clients on a monthly or quarterly basis which often form a part of the normal bookkeeping service. We can also help the business to decide the best way to account for VAT and any specialist schemes that need to be applied such as cash accounting, flat rate and retail VAT schemes to maximise the cash flow benefit for the business. Our VAT compliance services are provided on an agreed fixed fee basis.