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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Loan written off: are you in HMRC’s crosshairs?
HMRC is writing to directors that took a loan from their company that was later written off or released. What should you do if you receive a letter?
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Meaning of “new and unused” clarified for CAs purposes
The guidance on what “new and unused” means for the purposes of first-year allowances has been updated in order to make things clearer. What’s the full story?
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Scammers already targeting pensioners over winter fuel payments
Phishing attacks are already being sent to pensioners purporting to be from the Department for Work and Pensions (DWP). What’s going on and how can you avoid becoming a victim?
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Winter fuel payments to be clawed back via tax system
A government U-turn on the winter fuel payment was announced this week, with a new means-tested threshold. How will this work in practice?
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Latest advisory fuel rates published
The amount that employers can reimburse staff for business travel in company cars changes from 1 June 2025. What are the new rates?
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P11Ds - don't forget beneficial loans
Ahead of the P11D filing deadline on 6 July, HMRC has issued a reminder to employers about beneficial loans. What’s the full story?
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HMRC says care industry VAT grouping is “tax avoidance”
HMRC is warning that setting up VAT groups in the care industry to reclaim VAT on what would otherwise be exempt supplies is tax avoidance. What’s the full story?
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New PAYE procedure being overlooked
If you pay foreign employees or those who work abroad, you might need to take steps immediately because of new tax rules. What’s the full story?
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Further relaxation of self-assessment thresholds announced
The government has announced changes to the threshold at which some taxpayers need to complete a tax return. What’s the full story?
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Mandatory payrolling of employee benefits delayed until 2027
The start date of mandatory payrolling of employee benefits has been delayed from April 2026 to April 2027. What do we know so far?