Unincorpoated

Unincorporated businesses

We are here to help you as an unincorporated business

Sole traders and partnerships are known as unincorporated businesses.

Unincorporated businesses have a reduced level of responsibilities compared to Limited Companies. However, they still have responsibilities none-the-less, and we are here to ensure you meet these responsibilities.

We have a large amount of experience in assisting clients comply with all of their responsibilities.

Simas Accounting & Tax will remind you in a timely fashion as to what the upcoming due dates are for documents to be submitted. We will prepare these for your review and approval, and furthermore will also submit these to the relevant bodies on your behalf.

We will advise you of your tax liabilities as early as possible to assist your cash planning, and ensure that you claim the tax reliefs available to you.

This will give you the peace of mind that your affairs are up to date and correct. And it will also minimise your tax liabilities  at the same time, protecting your wealth.

Process

We will request the information we require from you following your year end, and from this prepare draft accounts together with any outstanding queries we may have.

We will discuss with you the form of the accounts, and prepare the accounts accordingly. Dependent on the size of the business, we would either look to meet with you to discuss the accounts and the business, or alternatively minimise our costs by dealing with any queries we have be email, letter or telephone.

 

We take the stress and the hassles of the annual administration of running a business. We ensure that you are fully compliant, whilst maximising the tax reliefs available to you.

 

Where to next?

Maybe you would like to visit our cloud services page, personal tax services page or contact us?

£500 Every 3 Months Tax Free Childcare

You could get up to £500 every 3 months for each of your children to help with the cost of childcare – tax free.
HMRC is now reminding working families that they can use Tax-Free Childcare to help pay for their childcare costs over the summer holidays.

Read more >>

How Cash Flow Software Has Proved So Vital.

Why Bother with Cash Flows? Cash flow is the money that is flowing in and out of your business, and […]

Read more >>

THE LEGALS ABOUT US

Simas Accounting & Tax is the trading name of Simas Accounting Services Limited, a company registered in England and Wales (Company number 10642114). The Registered Office of Simas Accounting Services Limited is 10B Stephenson Court, Fraser Road, Priory Business Park, Bedford, MK44 3WJ.