Best Bookkeeping Services in Dalkeith

Though in theory you could do your own bookkeeping, especially so that big name accounting software companies are advertising how simple and straightforward this is, in practice you may actually find that this is not really so. Accurate and thorough bookkeeping is essential not only for calculating the tax liability, but also for serving as a solid foundation for management accounts and cashflow forecast that are vital for managing your finances well and eventually running a profitable and successful business.

For our annual self-assessment tax return service and for our annual corporation tax return service, we will invoice you when we have completed the work and sent it to you for sign off. You can pay by bank transfer and then we will submit the return to HMRC for you. Our corporation tax service, if signed up for together with the bookkeeping service, can have its cost spread over monthly payments. All our other services are paid monthly in advance by direct debit.

Firstly, travel business accounting should have thorough bookkeeping, as a strong foundation for producing accurate accounting reports, needed both for the shareholders to make informed decisions about the progress of the business, and for compliance with HMRC regulations. Secondly, but equally important, at least three accounting reports are very relevant to travel businesses: 1. the statement of financial position (also known as the balance sheet), 2. the statement of profit or loss, and 3. the statement of cashflows. In case you have reached the VAT threshold, then you must be assessed for TOMS registration. Once you register for TOMS, you have to submit the TOMS report to HMRC annually. The majority of small businesses rely on the services of an accountant to make sure they have an accurate assessment of their business at all times as well as to keep HMRC happy.

Not necessarily. At LAS Accounting we believe in charging fairly for the high quality work we perform and level of service we support you with. Also, we frequently identify money saving opportunities for our clients. We believe in supporting our clients in a way that makes them consider our services an asset and not an overhead. Our pricing philosophy is transparent and we offer fixed fees for our ongoing accounting support as well as upfront transparent quotes for other services. Our clients never receive surprise bills! We believe that you get a whole lot more from us, as travel specialists, compared to similar fees charged by generalist practices.