Business Financial Services
Accounting & Compliance
Accounting and Tax for SMEs
Customized services for partnerships, LLPs, and sole traders.
Contractor Accounting & CIS Returns
Specialized support for contractors, including tax handling.
Comprehensive Bookkeeping & VAT
Including quarterly management and Making Tax Digital (MTD) compliance.
Company Tax & Account Preparation
Ensuring accurate filing and compliance.
Payroll and RTI Submissions
Efficient payroll processing and real-time information submissions.
Pension Administration
Managing pension schemes and compliance.
Accounting and Tax for SMEs
Customized services for partnerships, LLPs, and sole traders.
Accounting and Tax for SMEs
Simplify your small business accounting with expert solutions tailored for SMEs. From managing your books to ensuring full compliance, we take the hassle out of accounting so you can focus on growing your business.
Why Choose Benifacts
- Personalized Accounting: We understand the unique needs of small businesses and offer personalized accounting services that fit your requirements.
- Dedicated Support: Our expert team is always available to assist you, ensuring you get the advice and help you need.
- Affordable Pricing: Transparent, competitive pricing with no hidden fees.
- Compliance Assurance: We stay on top of UK tax laws, VAT, and payroll to ensure your business remains compliant and worry-free.
Our Approach
- Send Us Your Documents: Upload your invoices, receipts, and financial statements through our secure online portal.
- We Manage the Rest: From bookkeeping to payroll and VAT returns, we handle all your accounting tasks, ensuring your finances are accurate and up-to-date.
- Receive Regular Updates: We provide monthly reports and insights to keep you informed about your business’s financial health.
- Year-End Reporting: We take care of your year-end accounts and tax filings with HMRC, ensuring full compliance and peace of mind.
Services for SMEs
Bookkeeping Services
We manage your day-to-day financial records, keeping everything up to date.
Tax Returns
We handle all aspects of your personal and corporation tax filings, ensuring accuracy and compliance with UK regulations.
VAT Services
We take care of your VAT registration, reporting, and returns, making sure you’re on the right scheme and compliant.
Payroll Management
Our team manages employee payroll, national insurance contributions, and pensions, ensuring everything runs smoothly.
Contractor Accounting & CIS Returns
Expert accounting services for contractors and subcontractors in the construction industry. We specialize in managing CIS returns and ensuring tax compliance, so you can focus on your projects while we handle the paperwork.
Why Choose Benifacts
- Industry Expertise: Specialized knowledge in contractor and subcontractor tax obligations within the Construction Industry Scheme (CIS).
- Comprehensive Compliance: We ensure full CIS compliance, reducing the risk of penalties and handling all HMRC submissions.
- Custom Support: Our team provides personalized services, including reminders, deduction statements, and guidance to simplify your tax filings.
- Effortless Process: We manage your monthly CIS returns, VAT, and payroll, ensuring your financial processes are streamlined.
- Full Representation: If HMRC investigates, we’ll represent you to ensure your case is handled effectively.
Our Approach
- Register for CIS: We help you register for the CIS, ensuring you’re set up correctly with HMRC.
- Send Us Your Payments: Each month, submit your subcontractor payments to us, and we’ll handle the deductions and submissions.
- Get Monthly Updates: We provide detailed CIS statements and reports, letting you know what’s due to HMRC.
- HMRC Submissions: Once approved, we submit your CIS returns to HMRC on time, keeping you compliant and avoiding penalties.
Services for CIS
CIS Registration
We help contractors and subcontractors register with CIS to ensure compliance.
Monthly CIS Returns
We process and submit your CIS returns to HMRC, ensuring all deductions are correctly applied.
Bookkeeping & Payroll
Our team handles your bookkeeping and payroll, ensuring accuracy and compliance.
Tax Returns
We manage your end-of-year tax filings, including any overpayments or refunds related to CIS.
VAT Services
We assist in VAT registration, reporting, and returns for contractors and subcontractors.
Comprehensive Bookkeeping & VAT
Stay on top of your financials with our expert bookkeeping and VAT services. We handle everything from accurate transaction tracking to quarterly VAT submissions, ensuring your business remains compliant with UK regulations, including Making Tax Digital (MTD).
Why Choose Benifacts
- Accurate Record Keeping: We maintain precise and timely financial records, ensuring your books are always in order.
- MTD Compliance: We handle the complexities of Making Tax Digital, ensuring your VAT submissions are accurate and on time.
- Personalised Services: Our bookkeeping and VAT services are customized to meet the specific needs of your business.
- Save Time and Costs: Outsource your bookkeeping to reduce administrative burdens and focus on growing your business.
- Expert Support: Our team of professionals is always available to provide advice and ensure your VAT and bookkeeping are handled seamlessly.
Our Approach
- Submit Your Records: Upload your financial documents through our secure portal, or let us handle it via your accounting software.
- We Manage Your Books: We reconcile your transactions, monitor your accounts, and ensure accurate records throughout the year.
- Monthly/Quarterly Reports: We provide regular updates on your financial activity, including detailed reports and insights.
- VAT Returns: We calculate, prepare, and submit your VAT returns on time, ensuring compliance with HMRC requirements and MTD.
Bookkeeping & VAT Returns Services
Bookkeeping Services
We track your daily financial transactions, ensuring accurate and up-to-date records.
VAT Registration & Returns
We manage your VAT calculations, help with registration, and submit your returns electronically.
Payroll Services
We handle payroll processing, including national insurance and pension contributions, keeping you compliant with regulations.
Management Accounts
We provide monthly or quarterly reports that give you clear insights into your financial health.
Making Tax Digital (MTD) Compliance
We ensure your VAT submissions meet the latest MTD requirements, avoiding any penalties.
Company Tax & Account Preparation
Ensure your business remains compliant and tax-efficient with Benifacts’ comprehensive company tax and account preparation services. We handle everything from tax filings to annual accounts, ensuring accuracy and full compliance with UK tax regulations.
Why Choose Benifacts
- Accurate Tax Filings: We ensure your company’s tax returns are completed accurately and on time, reducing the risk of penalties.
- Compliance Experts: Our team is well-versed in UK tax regulations, ensuring your business meets all HMRC compliance requirements.
- Cost-Efficient Solutions: We help you minimize your tax liabilities and maximize your savings through effective tax planning and strategy.
- Personalised Services: Our services are customized to suit your business’s unique tax requirements, whether you’re a small company or a large enterprise.
- Expert Guidance: With over 30 years of experience, our tax professionals provide strategic advice to help your business grow while staying compliant.
Our Approach
- Document Collection: We gather all necessary financial data and documents, ensuring we have accurate records for tax filings and account preparation.
- Account Preparation: Our team prepares your company’s accounts, ensuring accuracy and compliance with UK standards and regulations.
- Tax Calculations: We handle your corporation tax, VAT, and other relevant taxes, ensuring everything is calculated correctly.
- Filing with HMRC: Once approved, we submit your tax returns and company accounts to HMRC and Companies House, ensuring full compliance.
- Ongoing Support: We provide ongoing advice and support to ensure your tax strategy aligns with your business goals.
Corporate Tax Services
Corporation Tax Returns
We prepare and submit your company’s corporation tax returns, ensuring accuracy and compliance with HMRC guidelines.
VAT Returns
We manage all aspects of your VAT, from registration to return submissions.
Tax Planning & Strategy
Our team offers strategic tax advice to help you minimize liabilities and take advantage of available tax reliefs.
Year-End Accounts Preparation
We prepare and submit your year-end accounts to Companies House, ensuring they comply with UK accounting standards.
HMRC Liaison
We manage all correspondence with HMRC on your behalf, ensuring smooth communication and resolution of any queries or issues.
Payroll and RTI Submissions
Streamline your payroll with Benifacts’ expert payroll management and real-time information (RTI) submissions. We ensure your employees are paid accurately and on time while keeping you compliant with UK payroll regulations and HMRC requirements.
Why Choose Benifacts
- Accurate Payroll Processing: We ensure that your payroll is processed accurately every time, minimizing errors and maintaining compliance.
- Real-Time Reporting: Stay compliant with HMRC’s RTI requirements with timely submissions, avoiding penalties.
- Efficient and Cost-Effective: Save time and reduce costs by outsourcing your payroll needs, allowing your business to focus on growth.
- Expert Support: With over 30 years of experience, our payroll experts handle even the most complex payroll requirements.
- Complete Confidentiality: We ensure secure and confidential handling of all payroll and employee data.
Our Approach
- Document Collection: Provide us with the necessary employee details, including salary information, overtime, and deductions.
- Payroll Calculation: We accurately calculate wages, deductions, and contributions, ensuring compliance with UK laws.
- RTI Submissions: We submit Real-Time Information (RTI) to HMRC every time payroll is processed, ensuring your records are always up-to-date and compliant.
- Payslip Distribution: We generate and distribute digital payslips to your employees, ensuring transparency and accuracy.
- Ongoing Support: We provide continuous support and updates to handle any payroll-related queries and ensure smooth operations.
Payroll Services
Complete Payroll Management
We handle every aspect of your payroll, from processing salaries to issuing payslips.
RTI Submissions
We ensure compliance with HMRC by submitting real-time information with each payroll cycle.
Tax & National Insurance Calculations
Accurate calculation and submission of taxes and National Insurance on behalf of your employees.
Payroll Management
Our team manages employee payroll, national insurance contributions, and pensions, ensuring everything runs smoothly.
Payslip Generation
Secure digital payslips provided to your employees for complete transparency.
Pension Administration
At Benifacts, we manage your pension schemes with precision and ensure compliance with the latest UK pension regulations. Whether you are a small business or a larger firm, we simplify pension administration so you can focus on growing your business while securing your employees’ future.
Why Choose Benifacts
- Complete Pension Management: We handle the complexities of pension administration, from auto-enrolment to compliance with UK pension laws.
- Pension Solutions: Our solutions are customized to meet the unique needs of your business and employees.
- Compliance Guaranteed: Stay compliant with all government regulations and avoid fines with our expert pension management services.
- Time-Saving Solutions: By outsourcing pension administration to us, you free up valuable time to focus on other important aspects of your business.
- Expert Guidance: With over 30 years of experience, we ensure your pension schemes are set up and managed correctly, providing peace of mind for both employers and employees.
Our Approach
- Initial Consultation: We assess your business’s specific pension requirements and advise on the most suitable pension schemes.
- Auto-Enrolment Setup: We help set up auto-enrolment for your employees, ensuring compliance with pension laws.
- Ongoing Administration: We manage the day-to-day pension contributions, tracking employee and employer payments, ensuring accurate deductions.
- Compliance Monitoring: We continuously monitor your pension scheme to ensure it remains compliant with the latest regulatory updates.
- Employee Support: We provide guidance and support for your employees to help them understand their pension options and make informed decisions.
Pensions Administration Services
Auto-Enrolment Setup & Management
We take care of enrolling your employees into a pension scheme, ensuring all legal obligations are met.
Ongoing Pension Contributions
Accurate tracking of contributions and seamless management of deductions for both employees and employers.
Compliance with UK Pension Laws
We monitor all changes in pension regulations to ensure full compliance for your business.
Employee Pension Guidance
We provide easy-to-understand advice to help your employees navigate their pension options.
Pension Reporting & Statements
We prepare and deliver comprehensive pension reports to ensure transparency and accountability.
Frequently asked questions
Everything you need to know about the product and billing.
We recommend bookkeeping, tax filing, payroll management, and VAT services to keep your business compliant and organized.
We explore deductions, allowances, and strategies like pension contributions and gift aid to help you save more.
Yes, we specialize in estate planning to help you protect your wealth and reduce inheritance tax.
Our team continuously monitors tax law updates and integrates them into our planning process to keep your strategy relevant.
We provide complete self-assessment support, from preparation to filing, ensuring accuracy and compliance every step of the way.
The Construction Industry Scheme (CIS) requires contractors to deduct money from subcontractor payments for tax purposes. Registering ensures you receive the correct deduction rates and remain compliant.
We explore deductions, allowances, and strategies like pension contributions and gift aid to help you save more.
Yes, we specialize in estate planning to help you protect your wealth and reduce inheritance tax.
Our team continuously monitors tax law updates and integrates them into our planning process to keep your strategy relevant.
We provide complete self-assessment support, from preparation to filing, ensuring accuracy and compliance every step of the way.
Connect with Benifacts
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