Accountancy and Tax Services
Accountancy
NS24 understand that businesses vary in shape and size. Regardless of whether you trade as a sole trader, partnership or limited company, accountancy is fundamental to any business. Our team are experienced in preparing sole trader, partnership, limited liability partnership and limited company accounts.
Bookkeeping
Bookkeeping can be a time-consuming task that demands complete concentration so that records are efficiently kept and completely accurate. For this reason, many businesses choose to outsource bookkeeping to a reliable and trustworthy accountant.
Cash Flow Forecasting
Cash flow is the "life-blood" of all businesses particularly start-up and small businesses. If a business runs out of cash and cannot obtain new finance, it will face insolvency. It is vital that the management forecast cash levels.
Construction Industry Scheme
Under the CIS contractors deduct money from a subcontractor’s payments and pass these onto HMRC. These deductions count as advance payments towards the subcontractor’s tax and National Insurance.
Corporation Tax
Corporation tax is a tax on the profits made by limited companies. It is mandatory for all companies to file a corporation tax return to HMRC each year. At NS24 we will calculate your corporation tax accurately in a timely manner.
Self Assessment
It can be difficult to keep up to date with the latest tax legislation. The team at NS24 working closely with you to ease the burden of online form filling and meeting various tax deadlines.
Cloud Accounting & Business Resources
Cloud Accounting
We manage all aspects of your business in the cloud and provide real-time information when and where you need it.
Latest News
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Russian hedge fund manager loses £484k SDLT case
The First Tier Tribunal (FTT) has found that an ex-bacon factory was suitable for use as a dwelling and therefore did not qualify for SDLT relief. What’s the full story?
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Selling online - what’s HMRC’s latest guidance?
Recently published guidance which suggests that as an online seller you may have to report to HMRC even if you’re selling personal possessions you no longer want. Is this actually true?
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New disclosure facility for R&D claims launches
A new disclosure facility for companies to rectify inaccurate, historic R&D claims, has been launched. Who might be affected, and how should you use it if you need to?
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HMRC chief urges thousands to check NI record
In a recent statement HMRC’s chief executive has flagged a problem affecting the NI records of tens of thousands of taxpayers. The trouble concerns anyone entitled to child benefit between 1978 and 2000. What steps are needed to correct the problem?
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MTD ITSA - another step closer
HMRC has picked up the pace on using Making Tax Digital for Income Tax Self-Assessment (MTD ITSA). Its new guidance explains how to join the scheme part way through a tax year. Is now the time for you to get on board?
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Welsh government increases charge on some residential property purchases
The Welsh government published its Budget for 2025/26 last week. This included a number of tax announcements. What are the key points?
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Scottish Budget confirms bands and rates for 2025/26
Ahead of the Scottish Budget, there were rumours that tax hikes were on the way. However, the announcements made on the day will see some easing of tax for lower earners. What’s the full story?
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Overlap relief calculator launched
An interactive tool has been launched to help taxpayers calculate the overlap relief to report on their 2023/24 self-assessment tax returns. What’s the full story?
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Harry Potter star loses £1.9m tax row
Harry Potter star Rupert Grint has lost an appeal at the tax tribunal after attempting to pay capital gains tax on his earnings from the films. What’s the full story?
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Latest advisory fuel rates for company car drivers
The amount that employees can be reimbursed for business travel in company cars changes from 1 December 2024. What are the new rates?