Accounts software
Our core client base includes private companies, individuals and partnerships that require more than
a firm that will prepare accounts and tax returns. Here at JPS Accountants we work with our clients,
helping them to realise opportunities to reinvest or extract profit in a more tax effective way. Our
I.T infrastructure was recently upgraded; enabling client’s access to their account on-line,
find out more information here.
JPS offers the following services to clients:
Accounts software
JPS recommend Sage Line 50 version 12 for your accountancy requirements. This entry level software
enables full control of your financial requirements. Sage Line 50 is extremely user friendly and
makes the accountancy process more efficient that the traditional manual method.
Annual Accounts
JPS prepare annual accounts for sole traders, partnerships and Limited Companies. Annual accounts show
the financial affairs of a business over a period of time. They include an income statement and balance
sheet.
Book Keeping
JPS provide a complete bookkeeping service to all our clients. Bookkeeping is a record of all your
business income and expenditure in a format that allows you to quickly generate running totals.
Business Plans
A statement of projected activities, required by new businesses in order to raise finance on new
projects.
Business plans detail the steps required to carry out the activities critical to achieving a department’s mission. The strategies of a business are developed within the broader policy context provided by the corporate plan.
Business Valuations
Ascertaining the value of assets and goodwill for future sale. This can be done several ways.
Capital gains tax
A complex tax calculation based on the sale of an asset that has risen in value over a
number of years.
Company formation
Forming a new private Limited Company in the UK is a simple process when using JPS Accountants. Using
our live search tool we can inform you of availability of your chosen name and register it there and
then.
HM Revenue and Customs Investigations
Many tax payers find themselves the subject an Inland Revenue investigation. All taxpayers are coming
under the scrutiny of the investigators. Some people or businesses are higher risk than others. The
introduction of self-assessment means that random checks take place. This means anyone can be open to
investigation even if there is nothing wrong with their affairs.
Payroll
Our payroll bureau can handle all your payroll calculations and deductions, dealing with tax credits and
class 1 National Insurance, student loans and all other deductions.
Tax Planning
Successfully managing tax liabilities can be time consuming and complicated.