General FAQs
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Thanks for your interest in our accounting services! All I'd need to do is confirm which services you require and take some details. I can then book you in for a discovery call at a time that suits you. [PAUSE 10 SECONDS] Firstly, could you tell me what...
We offer year-end accounts, tax returns, bookkeeping, online accounting, VAT returns, payroll, business plans and company formation support. [PAUSE 10 SECONDS] Was there something specific you need help with?
Thanks for your interest in our accounting services! All I'd need to do is confirm which services you require and take some details. I can then book you in for a discovery call at a time that suits you. [PAUSE 10 SECONDS] Firstly, could you tell me what...
Yes, bookkeeping support can include detailed monthly financial reports, real-time expense and revenue tracking, cloud access and software integration.
The first three qualifying days are unpaid waiting days, and SSP starts from the fourth qualifying day.
I'm not able to give you pricing via live chat, as the cost depends on the exact nature of your requirements. However, I can get a member of the team to contact you asap to discuss and share pricing. [PAUSE 10 SECONDS] Would you like me to get someone t...
We support clients by preparing, reviewing and submitting the relevant accounts, tax returns or financial records, depending on the service required. We also use online accounting solutions (Xero and Dext) where appropriate.
It depends on the service, but our we can support you with accounts, tax returns, bookkeeping, online accounting, VAT, payroll, business plans and company formation.
Year-end accounts help with compliance, tax calculations, business performance review and future planning.
A P11D is a form used to report certain expenses and benefits provided by an employer, such as a company car or private medical insurance. The information can affect the amount of tax owed and may be relevant when completing a Self Assessment tax return.
Yes, we prepare and submit annual financial statements and help clients meet statutory obligations.
Yes, dormant companies still need to file dormant accounts with Companies House and notify HMRC for Corporation Tax purposes.
Yes, tax returns can usually be amended to correct errors or omissions. If the issue is not straightforward, another member of our team can help.
Yes, we help with VAT registration and de-registration, VAT return preparation, online submission, MTD-compliant record keeping, VAT advice and HMRC queries.
Most businesses file VAT returns quarterly, although annual, monthly and Flat Rate Scheme options may apply depending on the business.
Yes, if you have a discovery call or any other type of meeting that was booked online, you'll see the option to cancel or reschedule within the confirmation email. [PAUSE 10 SECONDS] If the meeting wasn't booked online, I can let the team know and someo...
We are open Monday to Friday 9am to 5pm.
We are based in Alloa, Scotland and serve clients across Alloa, Stirling, Falkirk and the surrounding areas.
Year-end accounts can include key reports such as a Profit and Loss Statement, Balance Sheet and Cash Flow Statement. Limited company accounts may also include supporting notes.
You can call us on 08082 808 947 or email mark@stewartaccounting.co.uk.
You need financial records such as your Profit and Loss Statement, Balance Sheet, income and expense records, asset details, director loan records, dividend records and VAT records where relevant.
This may include self-employed people, company directors, landlords, partners in a business partnership, people with dividends or investment income, overseas income or certain Child Benefit situations.
Yes, we provide support for MTD compliance, digital record keeping and online VAT return submission.
Issues such as incorrect VAT codes, late filing, reverse charge errors and poor digital record keeping are common mistakes businesses make. Using cloud-based accounting software like Xero helps make the process smoother.
You will need sales invoices, purchase receipts, import and export records, bank statements, petty cash records, adjustments, discounts and credit notes.
We support limited companies, sole traders, partnerships and property landlords with year-end accounts.
Companies House accounts are usually due within nine months of year-end, while the Company Tax Return is due within 12 months. Corporation Tax payment is usually due nine months and one day after the accounting period ends.
A dormant company must have no significant accounting transactions during the year. Certain statutory items, such as payment for shares and Companies House fees, may still be allowed.
A CT600 is the Company Tax Return used to report taxable profits and calculate Corporation Tax. It must be submitted to HMRC with accounts and tax computations.
Yes, we provide tailored bookkeeping services, including support with accurate records, bank reconciliations, invoicing and financial decision-making.
Statutory Sick Pay is the legal minimum an employer must pay an eligible employee who is too ill to work. Current-year rates should be confirmed by the team before advising.
Employers should keep sickness dates, SSP payments and reasons for any unpaid SSP days. It also says SSP records should be kept for at least three years after the end of the relevant tax year.
Zero-hours workers can qualify for SSP if they meet the same eligibility rules, including the earnings requirement.
Yes, we help startups seeking funding and established businesses planning for growth by preparing business plans with objectives, strategies and financial projections.
We provide support for small and medium-sized businesses, individuals, limited companies, sole traders, partnerships, freelancers and landlords.
Yes, we provide guidance through the company formation process and help ensure legal requirements are met.
Yes, we help property landlords in year-end accounts and rental income within Self Assessment guidance.
Yes, we can help freelancers, sole traders and small business owners. If you need contractor-specific advice, I can get a member of the team to contact you to discuss how we can help.
We are based in Alloa, Scotland, and work with businesses across the Alloa, Stirling and Falkirk areas. As many of our services are delivered digitally, we can also support clients throughout Scotland and across the rest of the UK, including England and...
Yes, we help partnerships in year-end accounts, and the Self Assessment guidance says partners in a business partnership may need to file a tax return.
Yes, we help limited companies with year-end accounts, Company Tax Returns, VAT, payroll and company formation support.
You should have organised records such as bank statements, sales invoices, purchase invoices, receipts and payroll records.
Yes, limited companies submit statutory accounts to Companies House and a Company Tax Return, known as a CT600, to HMRC.
Companies House late filing penalties start at £150 and increase the longer accounts are late. HMRC may also issue penalties for late Company Tax Returns.
Pprofessional support may be helpful when you hire staff, have complex transactions, need strategic planning or spend too much time on bookkeeping admin.
Yes, we can help confirm dormancy, prepare the correct filing and keep HMRC updated.
Yes, we handle preparation and submission of personal and corporate tax returns and help clients meet deadlines.
Yes, a company must still file a Company Tax Return even if it made a loss. Declared losses may be carried back or forward, depending on the situation.
Yes, company tax returns can generally be amended within 12 months of the filing deadline.
Yes, we help individuals and small business owners complete Self Assessment tax returns accurately and on time.
The deadline is the 5th of October for HMRC registration, 31st of October for paper returns, 31st of January for online returns and tax payment, and 31st of July for the second payment on account if due.
Useful records include bank statements, invoices, receipts, P60s, P45s, P11Ds, savings or investment income details, property income details and allowable business expenses.
A P60 is an end-of-tax-year certificate that shows the total pay and tax deducted from an employee’s earnings for that tax year. It is usually provided by an employer and can be useful when completing a Self Assessment tax return.
A P45 is a document given to an employee when they leave a job. It shows details of pay and tax deducted in the tax year up to the date they left, and it may be needed for a new employer, benefits claim or Self Assessment tax return.
As of 2025, businesses with taxable turnover of more than £90,000 must register for VAT with HMRC. It is possible to register for VAT if a business turns over less than £90,000, but it's not required by HMRC.
A VAT return is a report to HMRC showing VAT charged on sales, VAT paid on business purchases and the net amount to pay or reclaim.
Most small businesses benefit from monthly bookkeeping to keep financial records current and avoid backlog.
You would typically provide bank statements, receipts, invoices and payroll records, with our team guiding you through the process.
Reliable bookkeeping helps with accurate records, tax readiness, better financial decisions, budgeting, forecasting and cash flow management.
Yes, we are accredited Xero partners and offer cloud-based accounting services with real-time access to financial data.
Our website includes a guide comparing free bookkeeping software options for UK small businesses. You can read this here - https://stewartaccounting.co.uk/best-free-mtd-software-for-your-business/
Yes, we provide payroll services, including pension administration and compliance with HMRC regulations, so employees are paid accurately and on time.
The income statement, balance sheet, cash flow statement, statement of retained earnings and financial ratios as useful reports.
Investors and lenders use financial reports to assess business health, risk, growth prospects and the likelihood of repayment or returns.