Accountancy and Tax Services
Accountancy
NS24 understand that businesses vary in shape and size. Regardless of whether you trade as a sole trader, partnership or limited company, accountancy is fundamental to any business. Our team are experienced in preparing sole trader, partnership, limited liability partnership and limited company accounts.
Bookkeeping
Bookkeeping can be a time-consuming task that demands complete concentration so that records are efficiently kept and completely accurate. For this reason, many businesses choose to outsource bookkeeping to a reliable and trustworthy accountant.
Cash Flow Forecasting
Cash flow is the "life-blood" of all businesses particularly start-up and small businesses. If a business runs out of cash and cannot obtain new finance, it will face insolvency. It is vital that the management forecast cash levels.
Construction Industry Scheme
Under the CIS contractors deduct money from a subcontractor’s payments and pass these onto HMRC. These deductions count as advance payments towards the subcontractor’s tax and National Insurance.
Corporation Tax
Corporation tax is a tax on the profits made by limited companies. It is mandatory for all companies to file a corporation tax return to HMRC each year. At NS24 we will calculate your corporation tax accurately in a timely manner.
Self Assessment
It can be difficult to keep up to date with the latest tax legislation. The team at NS24 working closely with you to ease the burden of online form filling and meeting various tax deadlines.
Cloud Accounting & Business Resources
Cloud Accounting
We manage all aspects of your business in the cloud and provide real-time information when and where you need it.
Latest News
-
Mandatory payrolling of employee benefits delayed until 2027
The start date of mandatory payrolling of employee benefits has been delayed from April 2026 to April 2027. What do we know so far?
-
Multiple agents for MTD ITSA will be permitted
-
One-person companies and the employment allowance
The NI employment allowance has increased from £5,000 to £10,500. The bad news is that companies with only one person who’s also a director on their payroll aren’t entitled to it. How can they qualify with just one simple low-cost step?
-
Permanent increase to penalty interest rates
The new tax year saw a change to the way interest on late paid taxes is calculated. What’s changed and what are the new charges?
-
HMRC pauses some refund claims for agents
Due to security concerns, HMRC has warned that it will not process refund claims made by authorised agents. What’s going on and what alternatives are available?
-
New CGT reporting tool
Self-assessment returns aren’t set up for the change in capital gains tax (CGT) rates on the government filing system and will require a manual adjustment for 2024/25 to ensure the correct amount is paid. Why is there a problem and can a new online tool help?
-
Hidden MTD news in Spring Statement documents
Chancellor Rachel Reeves kept her pledge that there would be no more tax rises at the Spring Statement, but there are some important Making Tax Digital developments hidden away in the tax related documents. What do you need to know?
-
HMRC MTD ITSA webinar - worth a look?
Making Tax Digital will be mandatory for some traders and landlords next year. Ahead of this, the government is ramping up its guidance to help you get ready. What is the latest offering?
-
Relaxation of self-assessment threshold
HMRC has promised a change to the threshold at which self-employed taxpayers need to complete a tax return. What do we know so far?
-
HMRC’s official rate of interest set to increase
HMRC’s official rate of interest will increase from 6 April 2025. What does it apply to, what is the new rate and what else is changing?