Services for trades and small shops

Bookkeeping is the record of everything that comes into and goes out of the business. Kept properly, it is the base for every tax return, VAT return and set of accounts that follows.

Kestrel Accounts helps turn receipts, invoices and bank statements into clear, accurate records, so the numbers are there when they are needed.

If you are self-employed, you report your income to HMRC each year through a self assessment tax return. It brings together your business profit and any other income you have.

Kestrel Accounts prepares the return from your records, works out what is owed and files it with HMRC.

Once a business is VAT registered, it has to account for the VAT it charges and the VAT it pays, and submit returns to HMRC using Making Tax Digital software.

Kestrel Accounts prepares and submits VAT returns from your records, checking what can be reclaimed along the way.

Year end accounts look back. Management accounts give you a view during the year, so you can see what is making money, where costs are going and how much cash is available.

Kestrel Accounts produces clear reports from your books that are useful for planning, pricing and day to day decisions.

Under the Construction Industry Scheme, contractors deduct money from subcontractors’ payments and pass it to HMRC, filing a return each month. Subcontractors need those deductions accounted for in their own tax.

Kestrel Accounts handles CIS returns for contractors and keeps deduction records straight for subcontractors.