1. Year End Accounts and Corporation Tax

We prepare year end accounts for firms, individuals and private limited company. We prepare quality accounts within 10 working days once instructions received from you. We process all business sector accounts. We appoint a dedicated experienced Accountant who oversees your work.

Process in brief:

Preparation of working papers including control accounts and lead schedules.
Analysis of income and expense
Reconciliation of all the control accounts with statement balances
Preparation of extended trial balance
Posting workings in accounts production software
Draft accounts in PDF and iXBRL
Managerial review
Filing of accounts with Companies House and HMRC

2. Bookkeeping

Is your bookkeeping function not cost effective? KPAS can help you out. From our research we can tell that bookkeeping work is low – edge with tedious movement. Using KPAS as your bookkeeping outsourcing company makes it more cost effective and this will help you focus more on your customers while leaving the accounting to us.

Process in brief:

Basic bookkeeping work
Processing of Sales, Purchase, Bank transactions and all the expenses.
Reconciliation of Accounts Payables and Receivables.
Reconciliation of all the control accounts with statement balances
Managerial review

3.VAT Returns

Our VAT outsourcing administration for bookkeepers alleviates the regulatory weight and permits them to concentrate on the center parts of their practice. We can give a total support of your customers’ VAT returns including the accompanying extent of work. Due to our efficient processes, KAPS is chosen as the go to VAT outsourcing service provider.

Process in brief:

Monthly and Quarterly VAT Return with all type of VAT Scheme.
Excel working file for supporting.
VAT summary and report.
Making Tax Digital.

4. Taxation

Many taxpayers struggle to understand the complex tax returns and complete them correctly. The constant flow of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.
We can save you a lot of time, worry, and money by handling your self-assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

Process in brief:

Calculation of Differed Tax, Capital allowance and preparation of business tax computation.
Preparation of CT600, Personal Tax Return SA 100 and filing online with HMRC

5. Payroll

There are plenty of finance and administrative functions that acquire lots of cost in overheads. Still customers expect it as a feature of the service offered to them. KPAS can help you out. Our team is well versed in PAYE RTI, Auto-enrolment and the utilization of authority programming like Xero, Payroll Manager, SAGE Payroll, and IRIS among others. We likewise react to HMRC or government sees for your sake; ensure all data is in consistence with RTI, and that you never pay late installment intrigue. Make KPAS your go to Payroll outsourcing company UK.

Process in brief:

Monthly/weekly/fortnightly/ four-weekly/ monthly/ quarterly/ annual payroll
PAYE and National Insurance liabilities calculation
Calculation of SSP, SMP.SPP and SAP
Administration of pension schemes (auto enrollment)
RTI compliance and submissions
CIS processing
Filling of Reports with HMRC
Setting up new staff in various organizations
MIS Reports


XERO    MYOB   QUICKBOOKS   KashFlow    RECKON   TAS Book    Sage    TaxCalc    FreeAgent    ClearBook    Capium    IRIS    CaseWare    Digita    CCH    VT & VT Transaction+