Accountants in Hampton, Peterborough
Certified Charted Accountants in Hampton, Peterborough
Keeping your accounts organised can become difficult when you are already busy running a business.
Invoices need to be recorded. Expenses need to be checked. Tax deadlines need to be remembered. There may also be payroll, VAT and Companies House responsibilities to manage.
RMA Accountants LTD offers accounting and tax services to individuals and businesses in Hampton, Peterborough.
We work remotely or in-office with sole traders, landlords, contractors, start-ups, and limited companies in Hampton Vale, Hampton Hargate, Hampton Centre, and the surrounding PE7 areas.
You can get help with a single tax return or use our expertise to manage your bookkeeping and accounts throughout the year.
Our goal is to make the financial side of your business easier to manage.
Accounting Services for Hampton Businesses
Every business needs accurate financial records, but not every business requires the same level of support. A sole trader may only need bookkeeping and a self-assessment tax return. A limited company may need annual accounts, corporation tax, payroll, VAT returns and ongoing advice. We take time to understand your business before recommending a service.
Our accounting services include:
- Bookkeeping
- Annual accounts
- Corporation tax returns
- Self-assessment tax returns
- VAT returns
- Payroll
- Tax planning
- Company formation
- Company secretarial support
- Landlord accounts
- Business advice
You can choose the services you need without paying for work that is not relevant to your business.
Small Business Accountants in Hampton
Small business owners often manage several responsibilities themselves. You may be dealing with customers, suppliers, employees and business development while also trying to keep your financial records up to date. Accounting work can easily fall behind. Receipts may be misplaced. Transactions may not be recorded correctly. Tax deadlines may be left until the last minute.
Our small business accountants help businesses in Hampton, Peterborough, maintain clearer records and prepare for important filing dates. We can support new businesses as well as established companies that need a more organised accounting process. You will know what information is required, when it needs to be provided and what payments may be coming up.
Bookkeeping Services in Hampton
Booking helps you keep track of everything that’s happening in your company. It shows income received, expenses paid, invoices outstanding, and money available. To prepare accounts, file VAT returns, and check if your company is running as it should, you need bookkeeping.
Our bookkeeping services can include:
- Recording sales and business income
- Recording purchases and expenses
- Bank statement matching
- Managing invoices and receipts
- Maintaining customer and supplier records
- Preparing records for VAT returns
- Reviewing bookkeeping errors
- Updating cloud accounting software
We can provide monthly, quarterly or one-off bookkeeping support.
Some clients ask us to manage the complete process. Others only need help reviewing records before a tax return or year-end deadline.
We can work around the way your business operates.
Speak to Accountants Serving Hampton, Peterborough
You may need help submitting a tax return, organising your bookkeeping or managing all the accounting responsibilities of a limited company.
RMA Accountants can review your situation and explain the support available.
We provide bookkeeping, annual accounts, corporation tax, self-assessment, payroll, VAT and landlord accounting services.
Contact our team to discuss what you need.
We will answer your initial questions and explain the next steps.
Limited Company Accountants
Running a limited company brings additional accounting responsibilities.
The company must normally prepare annual accounts and submit a corporation tax return. Information may also need to be filed with Companies House.
Directors may need help with payroll, dividends, expenses and personal tax returns.
RMA Accountants supports limited companies in Hampton with:
- Statutory annual accounts
- Corporation tax calculations
- Corporation tax returns
- Director payroll
- Dividend records
- VAT returns
- Bookkeeping
- Companies House filings
- Confirmation statements
- Director self-assessment returns
- General tax planning
We will explain which deadlines apply to your company and what records we need from you.
This gives you more time to prepare instead of dealing with everything shortly before the filing date.
Self-Assessment Tax Returns
If you are self-employed; a landlord; a company director; or receive income that hasn’t been taxed through PAYE, you might need to file a self-assessment tax return.
If you have multiple sources of income, you might also have to file a return.
This could include:
- Sole trader income
- Rental income
- Dividends
- Foreign income
- Investment income
- Capital gains
- Freelance or contracting income
We help clients in Hampton prepare and submit their self-assessment tax returns.
Our accountants will review the information provided, check relevant expenses and calculate the tax due.
We will also explain the figures so you understand how your tax bill has been worked out.
Preparing the return early gives you more time to plan for the payment deadline.
Accountants for Sole Traders
Working as a sole trader can be a simple way to start a business, but you still need to maintain suitable records.
Your income and allowable business expenses must be recorded correctly. This information is then used to prepare your self-assessment tax return.
We help sole traders in Hampton with:
- Self-employment registration
- Bookkeeping
- Business expense records
- Self-assessment tax returns
- Tax calculations
- Payment planning
- VAT registration
- General business advice
As the business grows, you may begin to wonder whether a limited company would be more suitable.
We can explain the practical and tax differences between the two structures.
The decision should be based on your income, responsibilities and future plans rather than tax alone.
VAT Services in Hampton
VAT can become time-consuming if your records are not maintained regularly.
VAT-registered businesses need to record sales and purchases correctly, apply the appropriate VAT treatment and submit returns within the required timescale.
Our VAT services include:
- VAT registration
- VAT return preparation
- VAT bookkeeping
- Making Tax Digital support
- Reviewing VAT records
- Correcting bookkeeping errors
- General VAT advice
- Support with VAT schemes
We can also help if your turnover is approaching the VAT registration threshold.
Registering too late can lead to an unexpected VAT bill. Registering voluntarily can also affect your prices and record-keeping responsibilities.
We will explain what registration could mean for your business before you make a decision.
Payroll Services for Hampton Employers
Paying employees involves more than transferring their wages.
Employers need to calculate tax and National Insurance, provide payslips and report payroll information to HMRC.
Workplace pension responsibilities may also apply.
Our payroll services can include:
- Weekly or monthly payroll
- PAYE calculations
- National Insurance deductions
- Employee payslips
- HMRC payroll submissions
- Starter and leaver processing
- Statutory pay calculations
- Workplace pension calculations
- Payroll records
If you don’t have a dedicated payroll person in your company, outsourcing payroll is must thing to do. it will help you save time and imporve efficency.
Do You Want to Change Your Accountant?
If you’re unhappy with your current accountant’s service you can change accountants. You may be experiencing slow communication, unclear fees or limited advice. Your business may also have grown and require more support than before. Changing accountants is normally a straightforward process.
When you engage RMA Accountants, we can contact your previous accountant to request professional clearance and arrange for the transfer of relevant records. We will look over the information received and revert back to you if anything is missing. You don’t have to deal with the transfer usually.
Accountants for Landlords in Hampton
Landlords must keep records of their rental income and expenses related to their property. These records are usually needed when doing a self assessment tax return. If you own several properties, share ownership with another person or decide to sell, property tax can become more complicated.
We support landlords in Hampton with:
- Rental income accounts
- Recording property expenses
- Self-assessment tax returns
- Tax calculations
- Capital gains tax support
- Record-keeping guidance
- Accounts for multiple properties
- General property tax advice
Keeping property records separate from personal spending can make the process much easier. It also allows you to see the actual income and costs connected with each property.
Support for Contractors and Freelancers
Contractors and freelancers may receive income from different clients throughout the year. You may work as a sole trader or through a limited company. Each structure has different accounting and tax responsibilities.
We can help with:
- Business registration
- Bookkeeping
- Invoicing records
- Business expenses
- Self-assessment
- Limited company accounts
- Corporation tax
- VAT
- Payroll
- Tax planning
We can also help you set aside money for future tax payments. This can reduce the risk of a large bill causing pressure on your personal or business finances.
Support for Start-Ups in Hampton
Starting a business involves several early decisions. You need to choose an appropriate business structure, register with the relevant authorities and decide how your financial records will be maintained. It is easier to put a suitable accounting process in place at the beginning than to correct incomplete records later.
We can help start-ups in Hampton with:
- Sole trader registration
- Limited company formation
- HMRC registration
- Bookkeeping setup
- Payroll registration
- VAT registration
- Cloud accounting software
- Business expense guidance
- Tax payment planning
We will explain which steps need immediate attention and which can wait until the business develops.
Cloud Accounting Support
Cloud accounting software can make it easier to keep your business records up to date. Invoices, expenses and bank transactions can be managed through one system. You also get to see the current financial information without waiting until the end of the year. But it still requires correct configuration and use of the software.
We can help with:
- Choosing suitable accounting software
- Setting up your account
- Connecting business bank feeds
- Creating invoice templates
- Organising expense categories
- Correcting existing records
- Ongoing bookkeeping support
Using software does not remove the need for accounting advice. It gives you and your accountant better access to the information needed to manage the business.
Tax Planning for Hampton Businesses
Tax planning should be considered before the end of the accounting period. Once the year has finished, some opportunities may no longer be available. We can review your position and discuss areas such as:
- Business structure
- Salary and dividends
- Allowable business expenses
- Pension contributions
- Capital purchases
- Corporation tax payments
- Personal tax payments
- VAT registration
- Future business plans
The purpose is not to make your business unnecessarily complicated. It is to help you understand your options and make decisions with a clearer view of the tax consequences.
Help With HMRC and Companies House Deadlines
Missing a filing deadline can result in penalties and additional work. Businesses may have several dates to remember, including:
- Annual account deadlines
- Corporation tax return deadlines
- Corporation tax payment dates
- VAT return deadlines
- Payroll submission dates
- Self-assessment deadlines
- Confirmation statement deadlines
We help clients understand which dates apply to them. We can also remind you when information is required so there is enough time to complete the work properly.
Areas We Serve Around Hampton
- Hampton Vale
- Hampton Hargate
- Hampton Centre
- Hampton Gardens
- Hampton Water
- Hempsted
- Orton
- Yaxley
- Stanground
- The wider PE7 area
- Peterborough
Online Accounting Services in Hampton
RMA Accountants LTD offers online accounting services to clients in Hampton and Peterborough. Documents can be shared digitally, and meetings can be scheduled via phone or video call.
This means you can receive regular accounting support without having to travel to our main office. Online accounting can benefit businesses that already use online banking, digital invoices, or cloud bookkeeping software.
We will explain how you can send your records and how communication will be handled. You’ll still have a clear point of contact if you have a question.
Why Choose RMA Accountants?
Accounting support should be clear, reliable and suitable for the way your business operates.
At RMA Accountants, we focus on the following:
Clear explanations
We explain tax and accounting matters in straightforward language.
Flexible support
You can use us for one service or ask us to manage several areas of your accounts.
Support throughout the year
You do not need to wait until the annual accounts are due before asking a question.
Practical accounting services
Our work is based on what your business needs rather than adding unnecessary services.
Remote access
Businesses and individuals in Hampton can communicate with us by telephone, email and online meetings.
testimonials
What People Say About Us
See what our clients have to say about their experience with RMA Certified Chartered Accountants.
FAQs About Accountants in Hampton
Yes we do. Our accountants help both businesses and sole traders in Hampton. You can contact us from Hampton Vale, Hampton Hargate and the major areas in the PE7 region.
Our main office is based in Ashton-Under-Lyne. But our accountant can visit your location and also provide online accounting services.
Yes. We can help with annual accounts, corporation tax returns, director payroll, bookkeeping, VAT and Companies House filings.
Yes. We prepare self-assessment returns for traders, landlords, company directors, contractors and individuals with additional income in Hampton.
Yes. We offer monthly, quarterly and one-off bookkeeping support depending on the needs of your business in Hampton.
Yes. We can manage monthly payroll, payslips, PAYE calculations and HMRC submissions for businesses in Hampton.
Yes. We help landlords organise property income and expenses prepare accounts and complete self-assessment tax returns for landlords in Hampton.
Yes. We can review your position explain whether VAT registration is required and assist with VAT registration and future VAT returns for businesses in Hampton.
Yes. We can contact your accountant request professional clearance and arrange for your accounting records to be transferred to us.
Not usually. Most accounting work can be completed remotely through records, telephone calls and online meetings for clients in Hampton.
Contact RMA Accountants. Tell us which accounting services you require. We will review your situation. Explain what information is needed to get started with our accounting services, in Hampton.
