Monthly Archives: January 2017

Accountants open on Saturday

Businesses open on Saturdays

The need has come for Accountants to open on Saturdays. Opening of both private and public firms on normal days in the United Kingdom should run from Monday to Friday, depending on the country’s stipulations in the constitution of the United Kingdom. These are the basic principles for opening days of offices in the country and are required of all firms to suit fin the schedule in order to serve the public better. Any institution bestowed with the responsibility to serve the public be it accountants, the teachers and those in other private businesses should adhere to the common rules that govern us as a nation bound by common principles and way of life.

Accounting firms are bestowed with the responsibility to serve the nation in matters of book keeping, helping businesses in ensuring they do not overlook the tax return deadline on top of the many other responsibilities they are entrusted with. The accountants in the respective institutions work optimally into fulfilling the needs of the clients in the various offices of accounts to ensure that at the end of the day, the clients’ do not exceed the tax return deadline that has huge penalties on going past its threshold.Accountants open on saturdays

GM Professional Accountants

Welcome to GM Professional Accountants, where we serve customers in a much better way in consideration of many factors. At GM Professional , we have put it a guarantee to serve our customers six days a week without compromise for we treasure the individual needs of the clients’ in their respective positions. We ensure that the tax return deadline is not exceeded by our customers for we care about the huge and heavy penalties our bookkeeping departments would have to bear on behalf of the client. The clients’ subject to penalties because of exceeding the deadline for our deliberate failure to open on Saturday is one thing we avoid. We open on Saturday on a full time from 9.00 am to 5.30 pm for the many reasons that we thought would be an advantage to our esteemed customers.

GM Professional Accounts believe that most people are busy during the week days and only find time on Saturday to work on attending to their other offside duties like filing their tax returns. It is on Saturday, according to GM Professional accountants, that people have time to go attend on private issues for instance checking on the tax return deadline from their various accountants since during week days they barely leave their places of work for such activities.

The book keeping team at GM Professional Accountants have the pleasure of serving their customers right from 9.00 am to 5.30 pm all the six days of the week Saturday being the last for the week. Accountants at GM Professional are keen into taking into consideration the records of the customers for book keeping for disappointment from the clients is not part of their calling. Saturday in most cases is the day that most people turn up to file returns in order to avoid getting past the tax return deadline. GM Professional Accountants make up part of the firms that keep London City live and meaningful on Saturdays.

Tips on Selecting the Best Accountants in London

Best Accountants in London

While seeking the best Accountants in London, you’ll need a leading and diverse accountant’s firm. Accountants are well versed in managing and keeping all types of accounts and are of great help in managing the finances of the business. They can be of substantial help to every type of business as they will well assist employers in keeping their accounts up to date. The assurance is, if you have the best accountants, you’ll have the best insights and updates in the current business and economic markets. Trusting someone with your money can be a daunting prospect, but with the experienced and innovative accountants, you will always be at peace since your finances are in safe hands.

It is not much difficult to find the best accountants in London. Today, many reputable companies are offering such services to their customers. This article discusses on how to find the most reliable accountants in London. best accountants london

Check on their Certification

Whether you want to hire full-time or part-time accountants in London, for both jobs, you need to understand what you’ll need to look for in the accountant you will be hiring. Your future accountant should be a member of a given accounting body here in the UK. Whether

they are Certified Public Accountants, Chartered Accountants, AAT Licensed accountants or any others, a license is necessary. Check the expertise of the person you are employing.

Good Working Experience

Furthermore, accountants in London should have a good work experience. Choose for the companies that can offer very diverse services because of their experience with a number of accounting aspects. Consequently, one can hire such firms for bookkeeping services, personal or corporate taxation, audit and report services, setting up and managing accounts, landlord support, tax investigation support, payroll services, VAT submissions and information on account software. Aside from the knowledge they possess regarding all these accounting services, they can offer financial advice based on the latest news in the financial world. By hiring them, you will always be updated with the latest trends in the financial industry, and you will make the most informed decisions.

Budget Friendly

Accountants in London are not only for the selected few with very high income. While many self-employed individuals consider that it is easy to do their own bookkeeping, they seldom find out what they are missing out on until actually hiring a professional to help out with their calculations and tax returns. When hiring accountants in London, they soon learn that what they saved in terms of money, they lost in terms of time spent preparing the documents and learning how to submit their calculations to HMRC. Please do not make the same mistakes. Accountants are not a luxury. They are beneficial to you and most often are necessary as the system is quite complicated to figure out on one’s own.

Trustworthy Service

The most important aspect when hiring accountants in London is to be able to trust their services. To ensure they get their jobs done well and on time, we recommend you check the way they present their firm, the recommendations they have, their reviews and testimonials. If they are trustworthy, reliable accountants they won’t let any of your clients down and will do their best to earn the confidence of new clients by showing their reputation with pride.

Transparency and Integrity

The best accountant firms in London will ensure that all costs and fees have been explicitly discussed and agreed upon prior to carrying on any financial services. Good companies have to make sure that all prices are transparent since integrity and honesty is an important part of a healthy client relationship. Additionally, such companies ensure that they offer a fixed fee on advice and consultation disregard of the time taken. They do this to cater for surprises or hidden costs that may incur at the end of the month.

 

5 Simple But Powerful ways On How To save tax for landlords.

 5 Simple But Powerful ways On How To save tax for landlords.

If you happen to be a landlord, you fall under the category of people who happen to own a business. And one nagging question that happens to come to the minds of business owners like landlords is the question on how they can save taxes. It is quite challenging as you are required to keep track on how you can take the necessary precautions to save on tax. Here are some of the 5 ways that landlords can consider to save tax on income.
Get your tax affairs up-to-date;
If you happen to be a landlord, you are fortunate. You need to know the Tax Advantages that come with owning your property for rent and how much they can fetch you.
There are some tax exemptions that you can enjoy from this monthly income money that can be turned to your advantage. Taxes keep on changing from time to time and the figures and terminologies like (tax returns) that come with the taxes are very important for you understand.
Staying informed about taxes will also help you avoid the HMRC getting over board and manipulating you just because you may happen not to know anything about the changes that were done at a specific time.

Find a good Serious Tax Adviser.

A serious and good tax adviser is essential when it comes to ways on how to save taxes as a landlord on your income. These people can and will save you a lot of time by offering you multiple options when it comes to your taxes. They give suggestions, they follow up and clarify your taxes, and they help in filling of the forms among others.

Landlord accountants
However it is important to note that you have to look for one who is ready to understand you and your demands and help in taking advantage of what you are already doing and offer additional suggestions that can save you more.
It is important to note that most tax advisers will charge you a certain fee for their services. Most will even charge you for each form that they fill which means it better to know some these important issues as they will help you in saving taxes.
Narrow your choices when it comes to tax advisers and you need to be curious when dealing with them as many may even lack the experience and knowledge about taxes.

Keep Claiming For all expenses;

This is something that many landlords will forget but the truth is that you have to always make sure that you claim for all your expenses when handing in your tax returns.
These should normally include telephone bills, cost of safety documents, any form of bank charges like overdrafts, legal and renovation fees of any kind.
Remember to have a separate bank account for all your money that you get from your rentals. This helps in that when tax inspectors happen to ask all these questions about your taxes, it makes it very easy for you answer them as this will take away all the confusion.
It’s Better To Find A partner.
If your property is being run by one person, transferring that property into a joint ownership will save you on income tax on your yearly profits. If you happen to sell, capital gain tax and allowances will be much easier for both partner as you will be able to set the annual capital gains exemptions against the profits made.
Have your own Records Stored:
Never forget that any business including that of which you have with tenants is completely in writing and that you have the documents at hand. Record keeping is very essential especially when you happen to have tax areas that you may not know about.
If it happens to be in writing this will save you a lot of time and money and thus reducing your taxes as a landlord.
If you happen to use an online only bank account, you have to always remember to print out your copy of the statement as often as possible.
Remember paying taxes is one the oldest activities in this world that no one will escape. However it would be nice to pay up all your taxes and avoid penalties like paying more of going to jail.

How to find Accountants near me

Accountants near me Looking for an accountant in your local area? This is a great idea for you to pursue, since having an accountant that knows your area, is easily accessible and can give you local knowledge can help you grow your business. No matter where you live, finding an accountant that is close by will pay dividends in the long run. Let’s take a look at several areas around London where accountants can be easily found. 

 

HMRC Tax Investigation Accountants

Accountants near Ilford

Ilford has experienced great business growth over the past century. Ever since it became a transport hub with the movements of large railways, it was counted as an important business borough of London. These days, with close transport to central London, Ilford has plenty of opportunity for people looking to expand their business into central London. 
If you are looking for an accountant near Ilford, there are plenty of highly qualified practices to choose from. Making sure that the accountant has a good idea about the area and a deep understanding of how you can utilize the proximity to the city to your business’ advantage. 

 


Accountants near Barking
The area of Barking has been home to creators of vehicles for centuries. Before the car plant in Dagenham, the area was famous for boat construction. The last few decades have heralded in a de-industrialisation in the area, and thus a surge and opportunity for entrepreneurship have emerged. 
Accountants in the area will have deep ties to former large companies that used to operate in the area. Combined with this, there will also be an understanding of how you can best combine a local business with the more fast-paced activities that are happening in central London. Finding one of these competent accountants can be done quite easily online, and will most likely enable you to expand your business successfully. 
Accountants near East Ham
East Ham is a hub that is very famous for the large amount of local independent eateries that exist. The variety truly represents the melting pot that is London. This combination of cultural diversity and entrepreneurship is a prime place for someone to take their business to the next level. It thus follows that there are many local accountants that exist to help service the local businesses. This is an opportunity for people living in the area who are looking for a East Ham based accountant. 
By checking out GM accountants, there is a huge selection of accountants in the East Ham area who have had decades of experience helping and growing East Ham businesses. The opportunities that can be available to your business through a local advisor can be enormous.
Accountants near Romford
With world-renowned shopping sites such as the Brewery, and the Liberty shopping center, the opportunities for independent businesses is abundant. Since Romford is now a mainstay of shoppers and visitors, local businesses should be capitalizing on the traffic. 
There are many great, experienced local accountants in Romford, and a cursory online search will show how much talent there is to choose from. Making sure that your business is equipped with the best financial help that you can get is important. 
Getting a local accountant is much more important that just convenience since your future business growth can be interrelated with an accountant near you.

GM professional Accountants are Accountants based in London, our Tax advisors are specialists in small businesses and self employed individuals. we offer the whole package from registering you as self employed to bookkeeping services as well as the final accounts and tax returns. Manor park office address, 47 Gladstone Avenue, Manor park, London, E12 6NR, Ilford office address, Unit 14 Clements Court, Clements lane,Ilford,Essex,IG1 2QY Tel: 0208 396 6128,