Accountants in Guildford

Company Formation in Guildford Surrey

If you’re interested in setting up a private limited company in the UK, the most initial step of the entire process is getting the company registration done from an expert accounting firm. DNS Accountants in Guildford is proficient in offering you the most expert service in the company formation.

We also provide our services in Woking, Egham, Sunbury, Godalming and Fleet. At DNS Accountants, our primary goal is to offer the most satisfactory service to our clients. Hence, we offer advanced services for the clients that are cost-effective as well.

Capital Gains Tax

If you are thinking about selling, gifting, or passing on personal assets such as stocks, shares, bonds, or even a portion or all of your business, it is critical to get tax planning counsel beforehand.

Capital gains tax is a complex topic, and doing it wrong could be costly, resulting in significant increases in your tax bill. At DNS Accountants, we can assist you in mitigating or reducing prospective tax liabilities, as well as claiming important tax reliefs and exemptions. After all, we want you to maximise the value of your assets and will collaborate with you to determine and quantify any tax liabilities well in advance of your exit strategy.

VAT and Bookkeeping services

Maintaining correct and up-to-date records is critical for every business, but VAT regulations continue to become more complicated each year. And, with the impact of both Brexit and the government's Make Tax Digital programmes, keeping up with your VAT submissions can generally feel stressful.

Failure to identify and apply the correct VAT rates can result in hefty fines and unpaid HMRC bills, leading to the end of any business. Therefore, if you'd rather focus on the revenue-generating part of your business, why not outsource your accounting needs to DNS? That way, you can rest assured that our expert bookkeepers are filing your submissions and stay updated on any changes to your VAT requirements.

Property rental accounting

Once upon a time, being a landlord appeared to be the quickest route to the high life. However, recent tax changes and a subsequent increase in stamp duty have made it more challenging to profit from a buy to let property. If you are a Guildford landlord, it is more critical than ever to manage your financial responsibilities in order to maximise passive rent and investment growth.

At DNS Accountants, we are experts in helping landlords in preparing their annual accounts, identifying tax efficiencies and landlord-specific reliefs, as well as providing capital gains tax advice.

Construction Industry Scheme (CIS)

If you work in the construction business, whether as a contractor, subcontractor, or on a construction site, you may be eligible for various benefits when you operate under the Construction Industry Scheme (CIS). HMRC established the CIS to facilitate the collection of tax from registered construction workers. It provides peace of mind and ensures that the correct amount of tax is paid at all times. While contractors are legally required to register with the CIS scheme, not necessary for subcontractors. On the other hand, Tax deductions are likely to be deducted at a higher rate for subcontractors who are not registered under the CIS scheme.

While the CIS seeks to minimise tax evasion within the construction business, the taxpayer's objective is to pay the least amount legally permissible. Tax calculation and CIS tax assessments are quite complex and frequently require expert guidance to avoid being burdened by heavy taxation. If you require help registering, managing and organising your CIS accounts, contact DNS Accountants now.

New Business advice

At DNS, we help several entrepreneurs establish their businesses, whether as a sole trader, limited company, or, if applicable, a partnership. Since all businesses have concrete benefits and drawbacks, our expert accountants are here to assist you in making the best business decision possible.

Auto Enrol Pensions

As an employer, you are legally required to enrol your employees in a workplace pension plan if they meet certain conditions and contribute to their payments. Employee pension schemes are frequently viewed as an additional burden on both your time and budget as a business owner, and the new regulations are far from easy. DNS Accountants can help you with this.

When it comes to Auto-Enrolment, we can help you meet your employer responsibilities and explain the various rates of deductions and payments, as well as the rule's exemptions. We will assist you in determining who are those employees that must be enrolled in a workplace pension and establish monthly pension contributions from both you and your employees.

Audit and Accountancy Services

In today's fast-paced business world, organisations and investors both depend on reliable financial information. Whether the audit is statutory or non-statutory, DNS can provide an in-depth financial view of your business's performance through their audit service. By highlighting key trends, opportunities, and profitability, as well as providing early warning of potential problems, we add value to the auditing process through our efficiency and experience.

Payroll

Employment laws and taxation are always changing, making payroll accounting difficult. As an employer, it is your responsibility to deduct the correct amount of tax and national insurance from your employees' income as part of PAYE.

If you choose DNS Accountants to manage your payroll accounts, our knowledgeable staff can compute employees' contributions on your behalf. Additionally, we also provide tips and bonuses and make deductions and modifications for student loan repayments, sickness, pension contributions, maternity, and paternity leave.

IR35 Accounting Assistance

IR35 is complicated to understand and assess, and compliance has grown even more complex since public sector organisations were subjected to the 'off-payroll requirements. As of April 2020, these rules are already extended to the private sector.

As a result, if you are a contractor, we can assist you in determining whether you are “inside” or “outside” IR35. Our specialised experience enables us to walk you through the new laws and regulations and advise you on your tax contributions and pay implications.

Why DNS?

Our amiable team members at DNS are also professionals in their respective disciplines of finance. Whether you work in a specialised area or require general accounting guidance, we have a team of experienced accountants, bookkeepers, payroll and compliance managers who can assist you in navigating the complexities of your organisation.

Not only do we provide an excellent, cost-effective service, but we are also available to provide business counsel and peace of mind. Therefore, if you are concerned about your obligations as a small business owner, contractor, or investor and live in Guildford or the nearby areas, contact DNS Accountants.