Annual Statutory Accounts and Taxation

Sage One Cashbook Customers


Being self-employed has the advantage that the Government only requires you to pay some Class 2 National Insurance contributions, complete a self-assessment form once a year and, most likely, make two payments 31 July and 31 January.  If you would like us to complete your self assessment please go to the Quotation request form



Sage One Accounts/Sage Line 50/Instant Customers


Being a VAT registered limited company has the advantage that you are perceived as being a legitimate business, the downside is that the Government expects you to pay PAYE/NIC in RTI (Real Time Information) submission format, to submit (probably) quarterly VAT reports, an Annual Report to Companies House, Annual Statutory Accounts  (soon these will have to be in iXBRL format (not a word document)), possibly auto-enrolement pension obligations, a Corporation Tax Return and if you are a Director self assessment.  If you would like any help with these matters please go to the Quotation Request Form