United Kingdom and Europe

At SandMartin, we have been dedicated to assisting accountancy practices in the UK, providing them with invaluable efficiency and cost advantages over the years. Our service offerings are tailored to meet your unique needs, ensuring seamless operations, and enhanced financial management. Our services include

BOOKKEEPING & VAT:

Our Bookkeeping services go beyond the ordinary. We are not just about providing error-free books; we are committed to helping you save substantially. With four decades of experience in various business operations, we guarantee satisfaction. Leveraging cutting-edge cloud accounting technology, we are certified users of mainstream Cloud Applications like Xero, QBO, and Receipt Bank.

Our comprehensive Bookkeeping services cover a wide spectrum, including

• Assets / Equipment’s ledger maintenance
• General ledger maintenance
• Expense ledger maintenance
• Accounts receivable services
• Accounts payable services
• Preparing ageing reports & summaries
• Bank account reconciliation services
• Credit card reconciliation services
• Inventory reconciliation
• Payroll reconciliations
• Cash flow management, etc.

VAT, known for its complexity, is an area where our certified professionals excel. We have extensive expertise in different VAT Filing Schemes, making us a top choice for outsourced VAT services. Our team hold an expert Knowledge on below VAT Schemes:

• Standard Accounting
• Annual accounting
• Cash accounting
• VAT margin schemes for Second hand goods, art, antiques etc.
• VAT retail scheme
• Flat Rate Schemes
• VAT moss Scheme
• EU VAT Rules etc.

Year-End Finalization

With experience spanning diverse sectors, from construction to retail and IT to consulting, we excel in producing financial statements. Whether for sole proprietorships, limited companies, partnerships, or other entity types, we have it covered.

• Our year-end finalization services include:
• Preparing financial statements from client’s books/software
• EOY Journal adjustments
• General ledger scrutiny
• Reconciliation of assets and liabilities at EOY
• Analytical review and variance analysis
• Suggestions / feedback for improvement of bookkeeping by client
• Preparation of cross-referenced working paper files
• Preparation of excel schedules and workings to support financial statements.

Monthly Management Accounts

Our Management Accounts are meticulously prepared to provide managers with precise financial and statistical information crucial for day-to-day decision-making. These accounts include:

• Trial Balance
• Balance Sheet
• Profit & Loss Accounts
• General Ledger detailed and summary.
• Aged receivables reports
• Aged payable reports
• Bespoke Reports and a detailed commentary on Management Accounts on case-to-case basis.

Payroll Services

We offer end to end payroll services at reasonable costs helping you to earn considerable margins and let you gain time as well to focus on you core operations.

The best part is we can customize payroll services to suit your requirements and provide a well-managed payroll solution. With us the payroll worries are off your head and costing is just an icing on the cake, i.e., you pay on per pay slip basis.

Our Payroll Services Include

Payroll Processing 

• Calculating gross wages, Top Up, Holiday pay (including recovery of overpaid holiday pay deduction) etc.
• Creating and maintaining employee records within a payroll administration system
• Carrying out PAYE and NI calculations and deductions (including SSP and SMP/SPP deductions)
• Preparation of leaver P45s or joiners P45/P46 or student P38s form PAYE monthly/quarterly payment reminder
• Producing pay slips, management information & reports
• Preparing the management reports department wise and cost centre wise
• Completion of the year end submission and issuing P14’s/P60’s/wages reconciliation
• Changing the status of the employees (if needed)
• We can also help clients in setting up childcare voucher schemes.

Payroll Set Up 

• It includes PAYE scheme registration/de-registration, employer set up in software, adding employees in the company.

Payroll Submission/Filing

• RTI (FPS/EPS) submissions on the monthly basis
• Direct filing to HMRC or sent to the client (case to case basis)

Tax Returns Services

Individual & Partnership Tax Preparation (SA 100, SA 800) & Corporate Tax Returns (CT 600)
Our Tax returns services have been declared as a life saver for many Accounting firms in the UK. The peak season pressure can be stressful for UK staff; our tax services relieve the burden from UK staff and let them focus on client servicing.

We know Tax Return Preparation is a very challenging and sensitive task. It requires involvement of highly skilled person who should be very well aware about the HMRC Tax Laws-regimes imposed on individual, partnership and corporate tax returns. SandMartin team gets updated with the HMRC tax Laws-regimes and amendments by conducting regular training