Services for Companies

Corporation tax isn't just about calculating what your company owes - it's about understanding your tax position throughout the year, maximizing allowable reliefs and deductions, and ensuring your return accurately reflects your business activities. With complex rules around capital allowances, deductible expenses, and various reliefs, there are often opportunities and pitfalls that can easily be missed.

At Redwood Accounting, my corporation tax service goes beyond just filing your annual return. I'll review your accounts to identify all available tax reliefs, ensure your capital allowances are optimized, and handle the entire submission process with Companies House and HMRC. I'll also provide you with clear explanation of your tax position and planning advice to help minimize your corporation tax burden going forward.

Statutory accounts are a legal requirement for all limited companies that must be filed with Companies House and HMRC within strict deadlines, and need to comply with specific accounting standards and disclosure requirements. Beyond compliance, well-prepared statutory accounts also provide credibility with banks, suppliers, and potential investors who rely on these documents to assess your company's financial health.

At Redwood Accounting, I ensure your company meets all legal requirements and in accordance with the relevant accounting standards, handle all the filing requirements with Companies House and HMRC, and make sure everything is submitted well before the deadlines. You'll get professional accounts that not only keep you compliant but also support your business's reputation and growth ambitions.

While your company accounts show your year end position ready for tax, management accounts are all about giving you the real-time insights to run your business effectively. These detailed monthly or quarterly reports break down your income, expenses, or cash flow in a way that helps you spot opportunities, identify problems early, and make strategic decisions based on current performance rather than year-old data.

At Redwood Accounting, I prepare management accounts that go beyond basic compliance. I'll show you which parts of your business are most profitable, track your key performance indicators, and provide clear forecasts to help you plan ahead. Think of them as your business dashboard - showing you exactly where you are now and helping you navigate where you want to go next.

Bookkeeping is the foundation that everything else builds on - it's about capturing every transaction, categorizing expenses correctly, and keeping your financial records organized and up-to-date. Without accurate day-to-day bookkeeping, your accounts become a scramble at year-end, and you lose the ability to track your business performance as it happens.

At Redwood Accounting, my bookkeeping service takes care of all the detailed work - from reconciling your bank statements and processing invoices to tracking expenses and managing your VAT records. I'll keep everything current and organized, so you always know where your business stands financially and can make decisions based on accurate, real-time information.

VAT compliance is a complex, ever changing tax with numerous rules, exceptions and nuances to navigate. Whether you’re using the flat rate, standard, annual or cash accounting scheme, mistakes can be costly; from penalties for late filing to missing out on recoverable VAT that impacts your cash flow.

At Redwood Accounting, my VAT service covers everything from initial registration and choosing the right scheme for your business, to preparing accurate returns and handling any HMRC correspondence. I'll make sure you're fully compliant while maximizing your VAT recovery, giving you one less thing to worry about.

Employing staff is exciting for you and the growth of your business however it means payroll becoming a critical business function to look after your team and be HMRC compliant. With constantly changing rates and regulations, payroll compliance can quickly become complex and time-consuming for growing businesses.

At Redwood Accounting, my company payroll service manages every aspect of your employee payments and reporting. I'll process your payroll to any frequency you need, handle all HMRC submissions including RTI and year-end returns, manage pension contributions, and provide detailed payslips and management reports. This ensures your employees are paid accurately and on time, every time.

The Construction Industry Scheme affects companies differently than sole traders - not only do you need to manage contractor verification and monthly returns, but you can also reclaim CIS deductions suffered against your PAYE liabilities. This creates opportunities to improve cash flow, but it requires careful coordination between your CIS and payroll processes.

At Redwood Accounting, my CIS service for companies handles the full cycle - from managing contractor registrations and monthly returns to calculating your CIS reclaims and ensuring they're properly offset against your payroll liabilities. I'll coordinate your CIS position with your payroll to maximize cash flow benefits and keep you compliant across both schemes, giving you a clear picture of your overall tax position throughout the year.

Company secretarial duties go beyond filing annual confirmation statements - it's about maintaining proper statutory records, managing share transfers and director changes, ensuring board meetings are properly documented, and keeping up with evolving Companies House requirements. Failing to stay on top of these obligations can result in penalties, compliance issues, and other potential problems.

At Redwood Accounting, I can take care of your statutory compliance requirements. I can maintain your company registers, handle filings with Companies House, manage director and shareholder changes, and ensure your corporate governance documentation is properly maintained. This gives you peace of mind that your company administration is in order, leaving you free to focus on running and growing your business.