Sole Traders

You spend weekends and evenings catching up on paperwork. You’re owed money by customers but don’t have time to chase payments. It’s a struggle to meet HMRC deadlines. There’s a box crammed with receipts lurking in the corner.

Sound familiar? Then let Simply Balanced Solutions lighten your load.

We can provide you with a cost-effective bookkeeping package, tailored to meet your individual needs. Whether you need help monthly, quarterly, annually or with a one-off tax return – we offer flexible support that will give you back control of your accounts.

• Invoicing
• Purchase invoices
• Expenses
• Credit control
• VAT
• Tax returns

A member of our friendly team will partner with you to get to know you and your business, and be on hand to help whenever you need.

Or if you’d prefer, we can set up a system for you to manage yourself – our goal is to provide a solution that best fits you.

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Construction

CIS applies to businesses of all sizes and includes trades such as plumbers, electricians, plasterers, roofers, carpenters, and more. You may be a contractor or sub-contractor. Or you might even find yourself as both, doubling your record keeping responsibilities as a result.

Knowing where to start or exactly what’s required can be stressful and time-consuming.
Let us make your life easier.

Hand your paperwork over to us and we’ll take care of it. And we’ll make sure you comply with your CIS requirements whether you’re a contractor, sub-contractor or both.

As a contractor, you’re required to verify the status of your sub-contractors to confirm they are self-employed before you pay them and to confirm what rate of deductions you should make from their payments.

Work with us and we can help with:
• Submission of monthly CIS returns
• Sub-contractor verifications with HMRC
• Reclaiming any CIS deductions you have had as a sub-contractor
• Sending sub-contractor payment certificates
• Letting you know how much tax to pay and when and how to pay it

If you’re a sub-contractor, you will have tax deducted from each of your payments as part of the construction industry scheme (CIS).
So, come the 5th April each year, you’ll be keen to get your tax return submitted and see if you are due a refund.

Work with us and we’ll take care of:
• Preparing your accounts
• Preparing and filing your tax return
• Dealing with HMRC on your behalf should there be any queries

All completed for a one-off fixed fee. Absolutely no hidden costs.

We’ll guide you through the paperwork that needs to be submitted with your tax return, and then calculate how much refund (if any) you are due which will be paid directly to you by HMRC.

Smart, simplified bookkeeping you can trust.

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