Business services
Nunn Hayward – lifting the burden
Our Business services team can help you run your business more effectively and comply with VAT and PAYE regulations in four principal areas:
Payroll
Whether you have one member of staff or several hundred, our Payroll Bureau can free you from the burden of running an in-house payroll scheme. Our confidential service provides you with payslips for each employee, whether they are paid weekly or monthly, and details of the amount payable for National Insurance and PAYE, as well as summary reports for your own records. At the year end we prepare all necessary reports for HM Revenue & Customs and submit these electronically on your behalf.
Our experienced staff can also advise you on the more complex aspects of employee remuneration, such as Statutory Maternity Pay, Statutory Sick Pay and redundancy compensation.
The services provided by our Payroll Bureau are available to clients who benefit from our other services or as a standalone service.
[ Back to top ]
Book-keeping
If you don’t have the time, inclination or expertise to maintain your own book-keeping and accounting records, Nunn Hayward offers a number of options to help you:
- Our in-house book-keeping team will maintain appropriate records on our systems based on the documents you provide (bank statements, invoices, cheque stubs, receipts, etc)
- A member of our team can visit your business premises to maintain the accounting records on your own systems. This can include helping your own in-house staff finalise and reconcile the records each month
- We have a pool of external freelance book-keepers and, if appropriate, will be pleased to recommend someone to you
[ Back to top ]
VAT returns
Whether or not we maintain your accounting records, we can assist you with the preparation of your quarterly, monthly or annual VAT returns. Where we maintain your accounting records, we prepare the returns from these. Alternatively, where you maintain your own accounting records, we review these, prepare the returns and submit them to HM Revenue & Customs, advising you of the amount payable or refundable.
We can assist you in registering for VAT and offer advice on the various VAT schemes available to taxpayers, such as the Flat Rate Scheme. In addition, our Tax Department can advise on more complex issues relating to VAT, such as matters relating to land and property and international VAT issues.
[ Back to top ]
Management accounting and reporting
In order to manage your business well in today’s competitive environment, it is important to have relevant, timely information to hand. Our team can prepare monthly or quarterly management accounts and other financial reports for you to help you run your business.
