Master Accounting offers a full range of accountancy services. We work with businesses of all sizes, as well as partnerships and sole traders.
The requirement for auto-enrolment pensions has crept up on many businesses and has resulted in anxiety for many business owners.
We will establish auto-enrolment pensions for your staff in association with the National Employment Savings Trust (NEST). An assessment of employees will determine the eligibility of your staff and we will then clearly communicate the results to your employees to ensure that everybody is kept informed about the process.
All eligible employees will be auto enrolled and we will calculate pension contributions and deductions from the payroll which are payable by direct debit. Master Accounting will also manage the uploading of pension contribution data to NEST and offer assistance with ongoing administration of the pension scheme.
Please see our Auto-Enrolment Pension page for more information.
Statutory Accounts and CT600
Master Accounting will complete your statutory accounts and CT600 and submit to Companies House and HMRC.
Master Accounting specialises in payroll services and many of our clients are able to save the significant costs of employing payroll staff as a result.
We will calculate pay, tax and national insurance before producing payslips via email or traditional means. All associated reports are then submitted electronically, in real time, to HMRC. The payroll services we offer ensure that employers remain legally compliant.
We tailor our services to suit the needs of each business and serve as your company’s personalised payroll department.
Regular management accounts are vital to any business owner who wants to expand their business and Managing Director Mark Buckmaster has vast experience in this area, having worked as a Management Accountant for large, multi-million pound corporations.
Monthly, or quarterly, profit ratios can be produced for your business, alongside key performance ratios.
Good management accounts allow a business owner to understand the financial trading position of the business and make decisions on how best to move the business forward.
‘Management accounting is like the sun,’ says Gary Biddle, Professor and Chair of Accounting at the University of Hong Kong. ‘It is the thing generating the energy, the results of companies. Financial accounting is more like the moon – it simply reflects them.’
Our team is on hand to assist with the creation of a limited company. We offer up-to-date advice regarding the operation of a business from a financial perspective and can also advise new directors regarding their legal responsibilities.
Bookkeeping and VAT Returns
We offer first-rate bookkeeping services and can produce invoices for you. Whether or not you use our bookkeeping services, we can also produce your VAT returns.
Sole Trader Accounts
We offer full accountancy services for sole traders and can also provide valuable tax advice.
Self-Assessment Tax Returns
Do you dread every January and the self-assessment tax return deadline? We will do the work for you and submit your return to HMRC.
"As a small business without a financial controller and wearing many hats, we rely on Master Accounting to makes things quick and efficient for us which they do fantastically well."