CorrisLeggat Accountants
Modern Accountants, Bridging The Gap Between Industry and Practice.
ABOUT US
With our Head Office based in Bury, CorrisLeggat Accountants offers accountancy services to businesses and individuals throughout England.
CorrisLeggat is a modern firm of professionals offering a unique 'Virtual Finance Department' service and custom 'Cloud Accounting' packages. Our proactive use of IT cloud software, add ons, streamlined accounting, bookkeeping, payroll, and tax planning solutions have helped us achieve significant growth in recent years.
We are proud to offer a FREE CONSULTATION service to understand your business needs, whether it be face-to-face, over the phone or through our package builder. A package can be built that suits you and your business based on the information that you provide.
HERE'S A COUPLE OF REASONS WHY YOU SHOULD USE CORRISLEGGAT AS YOUR ACCOUNTANTS:
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Practicising Certificate Held
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Fully Insured
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Optional Fixed Price Packages
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Free Consultation Available to All
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Unlimited Contact at No Extra Charge
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Certificated by Top Rated Cloud Accounting Software and Add-On Providers Including Quickbooks, Xero and Receipt Bank.
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Making Tax Digital Certified
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Your Very Own Dedicated Accountant
Cash flow is essential for growth especially for new businesses. Fixed rate packages and a variety of payment methods including monthly instalments are now available to help support our clients with their finances, there are no hidden costs.
We believe that accountancy is not just about numbers it's about adding value to your business by being proactive and forward looking. Therefore we make sure that our clients are given right advice on a timely basis.
At CorrisLeggat Accountants, we operate on a flexible basis as we understand that some clients are unable to take time off during office hours we offer a free weekend or evening meeting facility at a client's premises or at our Head Office.
All of our clients are given free and unlimited phone, email or face-to-face contact so you can always get advice at no extra charge to your package.
Our approach is simple and fair.
We have a broad knowledge of many business sectors including:
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Education/Training Providers
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Construction/Property
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Recruitment
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Hospitality
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Hair & Beauty
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Retail
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Freelancers
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Car Sales
Read more about what we can offer for your sector by going to the 'Our Sectors' page.
See our testimonials to get an overview of how our clients rate our services.
OUR ACCOUNTANCY SERVICES
CLOUD ACCOUNTING
PACKAGES
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Quickbooks and Xero Certified Practice
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Cloud Add Ons including Reciept Bank.
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Timely Data to Shape your Planning and Decision Making
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Perfect Tool for Small Businesses to Maintain Their Own Finances
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Benefit from Strategic Reporting
A quick search will flood you with dozens of software providers explaining a hundred and one reasons why everyone should be using the cloud.
HM Revenue and Customs are reforming the UK tax system by launching ‘Making Tax Digital’ and intend to make it compulsory for small businesses and Landlords to adopt digital financial records.
VIRTUAL FINANCE DEPARTMENT
Fixed fee packages that are built for small organisations who are looking to avoid employing a finance manager but create a virtual finance department run by their very own dedicated finance professional.
To take your business to the next level of professionalism contact us to discuss your options.
Package Options include:
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New Finance Department Address
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New Direct Telephone Line
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Cloud Accounting Systems and Add-Ons of your Choice.
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Day to Day Cash Flow Forecasting
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Attendance at Monthly/Quarterly Senior Management Meetings
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All the Necessary Accountancy Reports (Profit and Loss/Balance Sheet) and Taxation Submissions
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Monthly/Weekly Payroll/CIS Processing and Submissions
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Wage Slips and CIS Reports Sent Electronically to Employees or Subcontractors
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Direct Communication Between the Virtual Finance Department and your Customers, Suppliers and Employees.
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Tax Planning to Implement Tax Efficient Strategies
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Holiday and Sickness Tracking for Employed Staff
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Basic Human Resource Support including Employment Contracts and Handbooks.
SELF EMPLOYED / SOLE TRADER ACCOUNTING
We’ll sort out your sole trader accounts
If you operate your business as a sole trader your main reporting obligation is to file an annual self assessment tax return to HM Revenue and Customs. That said, you are however required to keep accurate records of your sales and expenses on a regular basis.
Your Sole trader accounts will provide the information needed to complete your self assessment tax return as well as providing a picture of how your business is doing.
We can help you manage your sole trader accounts and complete and file your self assessment tax return on your behalf. This means you’ll not only be meeting your obligations but also benefit from our ongoing advice and guidance and only pay the tax you need to.
LIMITED COMPANY ACCOUNTING
What is a Limited company?
There are different types of limited companies such as limited by shares, limited by guarantee, private unlimited company and public limited company. Most of the people in UK operate under limited company by shares. Before you start your business under Limited Company it has to be registered with the company’s house.
After incorporation, Our first step is to understand your business in depth so that we would be in a position to guide you according to your business requirements. Our job is to explain each and every aspect of the accounts in detail so you can understand all the figures and their impact on the business. We also make sure compliance with all the Companies House and Inland Revenue regulations is followed.
We try to make things transparent for our clients by providing maximum information. If you are looking for Limited Company Accountants then please feel free to contact us on 0161 509 2452 or email us on info@corrisleggat.co.uk.
What to do when you have a Limited Company?
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File Company’s Annual Return to Companies house every year. ( To be filed every year, within 28 days from the anniversary date of the company).
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File Abbreviated Set of accounts to company’s house every year. ( Within 9 months after the year end date)
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Pay any Corporation Tax due, within 9 months and one day after the year end date.
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File full set of Accounts to HMRC every year. ( To be filed within 12 months after the year end date)
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File Company Corporation tax return to HMRC- CT600 ( to be filed within 12 months after the year end date).
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Register your Business for VAT if turnover is above the VAT threshold or you can register on a voluntary basis.
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File VAT return usually quarterly – only if you are VAT registered.
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If you have employees, you should set up a PAYE system to collect income tax and National Insurance contributions.
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File monthly payroll under real time information. Only when you have a PAYE scheme in place.
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File Self-assessment tax return every year – Being a director of the company. ( Only when you take a salary or dividends from the company)
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Other Requirements, depends on individual circumstances such as filing P11D etc
TAX
PLANNING
Corporate Tax Planning
We deal with the routine matters of business tax, PAYE, National Insurance and VAT. Our services will help to minimise your corporate tax exposure and relieve you of the administrative burden.
Efficient corporate tax planning can result in potentially significant improvements in your bottom line, so contact us today to discover how we can help you minimise your corporate tax burden.
Personal Tax Planning
Our services are not restricted to businesses and we have a large core of personal tax clients. Whether you need help with your self-assessment tax returns or advice on inheritance tax planning, we can help.
Be it corporate tax planning or personal tax planning, we can help ensure the long-term health of your finance. Have you got a good plan? Talk to us and we’ll look at all your options.
NEW BUSINESS START UPS
Whether you want an off the shelf company, a tailor made company or a Limited Liability Partnership forming we can help form the company for you. For urgent requests we can also arrange same day formations. We take care of all the paperwork needed.
We can advise on all the usual:
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Registration with Companies House
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Registration with HMRC
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New Bank Accounts
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Processes (Expenses, Invoicing and Record Keeping)
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Cloud Accounting Packages (Optional)
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Bookkeeping
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Extracting Profits Tax Efficiently
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Insurance Requirements
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The Pros and Cons of Registering for VAT
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Raising Finance
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Employing Staff
Unlike traditional accountants we can also advise on:
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IT (e.g. cloud v traditional, hardware and software)
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Marketing (we will help promote your business on our website and social media channels)
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Networking (ask us about BNI, Chamber of Commerce and Biz Niz)
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Social Media (we’ll share with you the secret of building up a huge following)
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Time Management (we’ve been there and bought the T-shirt!)
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Recruitment (particularly apprentices)
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Basic Human Resources (employment contracts, handbooks, holiday/sickness tracking)
Outsourcing processes such as bookkeeping to a team of experts such as us means it frees up your time to concentrate on what you’re good at – running and growing your business and remember, if we carry out your bookkeeping then your year end charges are likely to be lower.
Contact us today for a more accurate personalised breakdown of charges.
BOOKEEPING /
MANAGEMENT
ACCOUNTS
PAYROLL/
CIS
CIS: Construction Industry Scheme
We have a full CIS Returns service for Contractors and Sub-contractors.
Please Contact Us if you would like us to register you for CIS and prepare your Self Assessment
Introduction to the UK Construction Industry Scheme.
The Construction Industry Scheme is a UK tax system which applies to contractors and sub-contractors in the construction industry.
In certain circumstances, when payments are made by contractors to subcontractors, the contractor must deduct and withhold some tax. This deducted tax is then paid over to HMRC by the contractor, and is regarded as tax paid by the sub-contractor.
CIS is therefore similar to PAYE for employers / employees.
When the sub-contractors make their Self Assessment tax returns at the year end, they can count this deducted tax as already paid. This may result in either a balance of tax to be paid, or a refund.
CIS Registration
We can register you for CIS, please Contact Us if you require this service.
These are 2 ways to register for CIS yourself:
• Telephone the CIS Helpline 0300 200 3210
• Send off form CIS 301
Contractor's Monthly CIS Return
A CIS Contractor must complete an Online Monthly CIS Return to HMRC, which lists the tax deducted from Sub-Contractors. If none in a particular month, then a 'nil return' is still required. The total CIS deducted must then be paid over to HMRC each month.
CIS Tax suffered by a Self-Employed Sub-Contractor
CIS tax which has been deducted by a Contractor when paying a self-employed sub-contractor is taken into account when the sub-contractor is filing the Self Assessment Tax Return.
CIS Tax suffered by a Limited Company Sub-Contractor
CIS tax which has been deducted by a Contractor when paying a limited company sub-contractor can be set off against the company's Corporation Tax bill or reclaimed - please refer to the link below.