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Our Accounting Services

At O&S Accounting, we pride ourselves on providing a full spectrum of accounting services tailored to meet the diverse needs of our clients. Whether you’re an individual, a small business, or a corporation, we have the expertise and resources to manage your financial matters efficiently and effectively.

Our services

VAT Services

Navigating the complexities of Value Added Tax (VAT) can be daunting. Our VAT services are designed to simplify this process for you. We assist with:

  • VAT Registration: Guiding you through the registration process to ensure compliance.
  • VAT Returns: Using HMRC-approved in-house software or client-specific software, we accurately prepare and submit your VAT returns.
  • VAT Consultancy: Providing expert advice on
  • VAT planning, compliance, and dispute resolution.

PAYE Services

Managing payroll can be a time-consuming task for any business. Our PAYE services ensure that your payroll processes are efficient and compliant:

  • Payroll Processing: Weekly, 4-weekly, or monthly payroll processing using HMRC-approved in-house software or client-specific software.
  • Tax and National Insurance: Calculating and processing all employee tax and National Insurance contributions.
  • Compliance: Ensuring that your payroll adheres to all relevant regulations and deadlines.

Self Assessment

Filing self-assessment tax returns can be complex and stressful. We offer comprehensive self-assessment services for:

  • Self-Employed Individuals: Accurate and timely tax return preparation and submission.
  • Property Rental Income: Ensuring all rental income and related expenses are correctly reported.
  • Company Directors: Managing the intricacies of directors’ tax returns and optimising tax positions.

CIS (Construction Industry Scheme)

For contractors and subcontractors in the construction industry, compliance with CIS regulations is crucial. Our CIS services include:

  • Monthly Returns: Preparing and submitting monthly CIS returns using HMRC-approved in-house software or client-specific software.
  • Deductions Management: Accurately calculating and processing CIS deductions to ensure compliance.

Corporation Tax

Corporation tax compliance is essential for any business. Our corporation tax services are designed to help you meet your obligations while optimising your tax position:

  • Tax Returns: Preparing and submitting company corporation tax returns accurately and on time.
  • Financial Statements: Providing detailed monthly or quarterly accounts to keep you informed of your financial performance.
  • Tax Planning: Offering strategic advice to minimize your corporation tax liabilities and maximize your financial efficiency.
Matt Harrison

“As the founder of Marketing XP, a busy design and development agency, I know the importance of having reliable and efficient accounting support. O&S Accounting has been an invaluable partner for us. Simon and his team have consistently gone above and beyond to ensure that our financial matters are handled with the utmost care and precision.

From managing our VAT returns to handling our complex payroll needs, O&S Accounting has provided exceptional service. Their expertise in corporation tax and monthly accounts has allowed us to focus on our core business activities without worrying about compliance or financial accuracy.

What sets O&S Accounting apart is their personal approach. They took the time to understand our specific needs and tailored their services accordingly.

Simon’s strategic advice has been instrumental in optimising our tax positions and improving our overall financial health. We couldn’t be happier with the service we receive from O&S Accounting and would highly recommend them to any business looking for a trustworthy and proficient accounting partner.”

Founder, Marketing XP Ltd

Expertise

Taxation Services

O&S Accounting excels in taxation services, offering detailed VAT compliance and consultancy, managing corporation tax filings, and simplifying the self-assessment process for individuals including self-employed professionals, property landlords, and company directors.

Payroll Management

Our payroll management services handle all aspects of PAYE administration, ensuring seamless payroll processing and accurate calculation of employee benefits and deductions.

Software and Technology Integration

Leveraging advanced HMRC-approved software ensures accuracy and compliance across all our services, and we adapt to our clients’ preferred software systems for seamless integration and efficient management of their financial data.

Bookkeeping and Financial Reporting

We provide meticulous bookkeeping to keep your financial records organised and up-to-date, coupled with comprehensive financial reporting that offers valuable insights into your business’s financial health.

Construction Industry Scheme (CIS)

Specialising in the Construction Industry Scheme (CIS), we manage monthly CIS returns and deduction calculations, ensuring compliance and reducing administrative burdens for contractors and subcontractors.

Business Advisory and Planning

Our business advisory and planning services include strategic financial planning, detailed financial forecasting, risk management, and investment planning, helping businesses achieve long-term goals and support growth and expansion.