Christine ran a limited company last year and was using Sage One for bookkeeping & payroll; she was doing this without any help or guidance from an accountant.
Due to contract changes during the course of her second year, Christine found herself inside IR35 briefly and began using the services of One Click Umbrella. Then after only a few weeks, found a contract outside IR35, and was referred over to One Click Accountant, to look after her existing limited company, for the second year onwards.
A friend had put together her first year accounts, but Cristine felt uneasy about their accuracy and when it came to entering at the opening balances for the second year, it was apparent the accounts, that had been submitted by the previous Accountant, would need to be amended.
We then produced the correct and amended accounts, and set Christine's company up on FreeAgent, with the correct opening balances. We also set up payroll, and Christine found not only that FreeAgent was user-friendly, but was glad to be getting the ongoing advice and support, and happier to hand over the worry of things like submitting payroll to HMRC.
Since Christine has begun using One Click Accountant, as part of the service we were looking at the calculations of her self-assessment tax return for the year 2016/2017, assessing where tax savings could be made. We discovered that as a Nurse, Christine hadn't ever claimed tax relief on nursing subscriptions, which was highlighted to her, and will result in a tax refund as she has been paying this for the last 8 years.
Benefit from joining OCG
- Claimed tax relief;
- 8 years of Tax refund;
- Tax savings
Whether or not you are a One Click Accountant client, get in touch with us and we will make sure you get the right advice.