Make Tax Digital

For those required to file a vat return through Make Tax Digital ( MTD ) from April 2019, we can guide you through this process. We can help you pick a software that suits your business needs and one that you can hopefully engage with yourself, to make the day to day running of you vat and record keeping much easier.

Payroll

All your payroll requirements dealt with, no hassle, no stress:

We would take over responsibility to liaise with Inland Revenue for submission of your year end data and all corresponding forms.

Online filing brings you right up to date with our modern day requirements, something which will soon become compulsory.

We will respond to any payroll queries you or your employees have, through your payroll contact.  We’ll liase and help you with your employer rights and also help construct contracts of employment which have now become required by law. We do not promise to know all the answers, and will never advise you of anything we are not sure of.  We will endeavour to get the right information for you seeking advice from the right people, saving you time and potentially, hassle in the very demanding position of employing staff and becoming the “employer”.

We’ll inform you when payments need to be made to Inland Revenue and supply you with a breakdown of the amount payable.

Prepare all P45s, P46’s, P60’s and P14’s, together with SSM, SMP and SPP.

How it works:

Your payroll contact would provide us with the relevant information regarding wages to be paid either weekly, 2 weekly, 4 weekly or monthly.

We would then input the data and produce a copy of the Payslips together with a summary sheet for the wages and email this to you.

Then, once everything is finalised, we’ll email you your payslips and any relevant P45’s or forms that you require.

We now offer the service to email payslips individually to staff.

We can provide you with the necessary forms for new employees forms and keep record of everyone you employ.

Fees are based on how many people you employ.

New Employer? - Not Yet Got a Scheme?

If you are a new employer, we will get the PAYE Scheme set up for you with the Inland. Revenue and guide you through what you will need as and when you take on new employees.

If we can’t answer any of your questions, we’ll endeavour to seek advice and come
back to you as soon as possible.

No job too small, or too big. 

We offer a friendly, reliable and comprehensive service, available from 8am – 6pm Monday to Friday.  At an affordable rate.  

Let us take the hassle away from you.  Your time is better spent doing what you do best.

Distance is no problem

We can offer you this service no matter where your business is situated. We already run payroll for many clients all over the UK and with the help of modern technology such as email, fax and post, we have proved distance is no problem.

Near or far, Watermill will endeavour to offer you a complete Payroll service for all.

Construction Industry.

With new rules of having to file and return monthly returns for Sub Contractors more and more Contractors are getting their time taken up with paperwork.  We will take over the paperwork and give you back the time to do what you do best. 

Bookkeeping / VAT

All businesses are required to keep accurate records for both taxation and VAT purposes. 
With our experience we can take this laborious bookkeeping task away from you provided that you can supply the basic information.  We can work on either manual/excel worksheets or accountancy software, and keep you up to date with a weekly or monthly summary in a format that you can understand clearly.

Our fees are based on the amount of hours it will take to complete the work.

Let us take away this bookkeeping hassle which causes many businesses concern and stress each year, this service is payable monthly so that you can spread your costs.

We can complete your Quarters VAT for you, or provide figures for any of the many schemes the Customs and Excise have to offer.

• Cash Accounting 
• Flat Rate Scheme 
• Annual Accounting 

Which ever you use or are thinking of using, we’ll manage your books for you so that the VAT can be produced clearly and on time.  We’ll complete your return, let you know what to pay and when.
Not registered yet? We’ll sort everything out for you.

We can provide the following on a weekly, monthly or quarterly basis:

Cash Book, Petty Cash Book, Bank Reconciliations, Sales and Purchase Day Books all on either excel or word, or using Accounting Software.

PAYE

Real Time for Employers ( RTI) starts this April 2013 and here at Watermill Bookkeeping we are all set up to file your weekly and monthly returns for you.

Please feel to contact us for more information.

Work Place Pensions

We are working closely with clients and employers to enable a smooth transition for the Work Place Pension. We can help you comply with the Pension Rules and get you set up and ready for when your staging date arrives. All employers now have to have a scheme in place whether or not, their staff are eligible. On top of which they have to be re-assessed every three years. We can incorporate all aspects of the work place pension within the running of your weekly/monthly or fortnightly payroll. We will provide access to all the necessary correspondence and make sure you don’t break any rules set by The Pensions Regulator. We can also complete your deed of compliance. Its very important to make sure you keep your staff up to date and issue them with the correct information. We provide the access for correspondence to be sent direct to the staff for you if you require.

Accountants, need a helping hand?

Having had over 20 years experience working with Charted Accountants, it is easy to see that work loads become too much even for them on occasion. We will aim to provide a solution.

We can offer a reliable helping hand at a reasonable rate, to help with any one off bookkeeping or incomplete records work that should arise.

We are happy to negotiate a job by job fee to help with “the donkey work”. Especially around the Tax Return Deadline.

Our fees are based on the amount of hours the work takes us to complete.

Gift Aid

With all the new opportunities arising for charities to get tax back on donations, we are able to offer help with the registration and general record keeping and submission of Gift Aid for registered Charities.  Let us help you raise much deserved funds for your Charity.  We’ll give you the helping hand to claim back what you are entitled to.