We aim to provide a high-value, well-rounded service to help Chambers meet its compliance requirements and operate effectively and efficiently. We are readily available to provide help and support throughout the year.
Our range of services can be tailored to Chambers requirements as follows:
o Accounts and Corporation Tax – handling compliance requirements by preparing and submitting Accounts, Corporation Tax Returns and Confirmation Statements (Not required for TPA).
o VAT Returns and Payroll – in addition to the above, we can also prepare and submit VAT returns and manage payroll requirements
o Bookkeeping – you may look to outsource your bookkeeping function. We can provide this service if required.
o Management Reports – you may require monthly or quarterly reports to review Chambers financial performance. We can help provide reports on KPI, cash flow and profit & loss.
With the introduction of MTD, the requirement for members to have readily available information has become mandatory. Providing this information can become burdensome for Champers's finance team and administrators. We can help implement new systems so Chambers operates more efficiently, and the required information is available to members.
This could involve upgrading to cloud-based accounting software and looking to automate the flow of information to members and their advisors.
As well as services specific to Chambers, we also provide services for members.
o Tax Updates and Seminars - As part of our service, we will also provide regular tax and accountancy updates containing the latest tax changes affecting members and information they may find helpful. We can also provide seminars in person or remotely on various issues if demand permits.
o Pupil Talks – as part of your induction process for new members, we can provide a Pupil talk that will inform pupils of the requirements of being self-employed, including when and how to register for self-assessment, allowable expenses for tax purposes and recordkeeping and bookkeeping requirements.
Testimonial
“Peter has been Chambers accountant for a number of years. He has specialist knowledge of our sector and is only too happy to help with any issues as they arise. Peter is particularly supportive to our members and provides them with very useful updates and presentations re any issues/changes that they should know about”.
Jonathan I’Anson
Chambers Director
Exchange Chambers