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Taj Accountancy is a UK-based accounting firm that specializes in providing accounting and tax services to small businesses.

The company’s mission is to provide affordable and accessible accounting and tax services to small businesses, helping them to comply with regulatory requirements, save time and money, and focus on growing their business.

Here is everything you need to know about Taj Accountancy and the services it offers to small businesses:

best small business accountant near me

Accounting Services

Taj Accountancy provides a range of accounting services to small businesses, including bookkeeping, management accounts, and annual accounts preparation. Bookkeeping involves maintaining accurate records of all financial transactions, including sales, expenses, and receipts. Management accounts provide regular reports on the financial performance of the business, which can help with decision-making and budgeting. Annual accounts preparation involves preparing the financial statements required by law, including the profit and loss statement and balance sheet.

Tax Services

Taj Accountancy also provides a range of tax services to small businesses, including VAT returns, self-assessment tax returns, and corporation tax returns. VAT returns involve calculating and submitting the VAT due to HM Revenue and Customs (HMRC) on a regular basis. Self-assessment tax returns involve calculating and submitting income tax and national insurance contributions to HMRC on an annual basis. Corporation tax returns involve calculating and submitting the corporation tax due to HMRC on an annual basis.

Payroll Services

Taj Accountancy also provides payroll services to small businesses, including payroll processing, payslip generation, and PAYE calculations. Payroll processing involves calculating the gross pay, deductions, and net pay for all employees. Payslip generation involves producing payslips for each employee, detailing their pay and deductions. PAYE calculations involve calculating the tax and national insurance contributions due to HMRC for each employee.

Business Advice

Taj Accountancy also provides business advice to small businesses, including advice on business structure, cash flow management, and tax planning. Business structure advice involves helping businesses choose the right legal structure for their business, such as sole trader, partnership, or limited company. Cash flow management involves helping businesses manage their cash flow effectively, ensuring that they have enough cash to cover their expenses and invest in their business. Tax planning involves helping businesses reduce their tax liability by making use of tax allowances and reliefs.

Cloud Accounting

Taj Accountancy also offers cloud accounting services to small businesses, using software such as Xero and QuickBooks. Cloud accounting allows businesses to manage their finances from anywhere, at any time, using a secure online platform. This can help businesses save time and reduce the risk of errors, as well as providing real-time insights into their financial performance.

Taj Accountancy provides a range of accounting, tax, payroll, and business advice services to small businesses, helping them to comply with regulatory requirements, save time and money, and focus on growing their business. The company’s use of cloud accounting software and its commitment to affordability and accessibility make it a great choice for small businesses looking for high-quality accounting services.

In conclusion, Taj Accountancy Firms is the best small business accountant near me. Their expertise, range of services, and benefits make them an ideal choice for small business owners. If you are looking for reliable accountants for small business owners near me, contact Taj Accountancy Firms today and get started on your financial journey.