We define compliance as the “accounting and taxation administrative requirements which the client is legally obliged to perform”.
We can undertake the day to day bookkeeping on behalf of clients, thus freeing up their time and expertise to concentrate on the fundamentals of their business.
Audit Exempt Accounts
Not alone is the compilation of audit exempt accounts a key offering in our range of services we also undertake to ensure our clients retain audit exempt qualification by not missing their Annual Return Date.
Where companies do not qualify for audit exemption or where they do but shareholders with a 10% shareholding issue a request for an audit, the company is obliged to have its financial statements audited. We can perform an audit in a cost effective way.
We undertake all facets of payroll for a number of clients from receiving the gross details from the client to the instruction of EFT’s to the banks. In addition we can administer the monthly and annual compliance forms required for filing with the Revenue Commissioners.
The timely filing of Annual Returns and other documents together with the correct maintenance of the Registers of Limited Companies has developed increasing importance with the advent of the 2014 Companies Act. We assist clients in ensuring their obligations are met in a timely manner.
The annual filing of Income Tax Returns for all self-employed individuals and proprietary directors is an area we address early in the tax year. We can establish and minimise the Income Tax, PRSI and USC liability of each client and plan for the cash-flow requirements of subsequent years.
The Corporation Tax Return needs to be filed within 8 months and 21 days of the company’s year end. We ensure clients avoid unnecessary interest and charges by filing on time. As Revenue moves towards a requirement for all businesses to file accounts in ixbrl format, we are equipped to service this need.