What we do

Timely submission of year end accounts and CT returns is important to avoid punitive actions. For accountants, this annual exercise looms as one of the biggest and stressful tasks, because of the need to perform this alongside other tasks, that also receive priority due to the relation with the day to day functioning of an organization or business. At Outbooks, our professional teams will unburden you of this exercise, replacing it with clock work like submissions that will not just be compliant, but which will add value to an organization with advisories, opinions and analytics on areas of improvement.

Capabilities

FRS 102/102A
  • We have been working under FRS 102 Sec 1A, Small Entities since 2016.
  • We understand where it is applicable and all applications with it.
  • We track all amendments and provide proper training to our Accounts finalization team.
  • We understand all your pension obligations, director loan’s and shareholder notification.
  • We promise you to provide a much quicker turnaround time.
  • Our service will help you with filling accounts well before 9 months deadline.
FRS 105
  • We have been working under this regime for micro entities since 2015
  • We understand the scope, concepts and its principles.
  • We can produce financial statements, income statements and notes to statements as required under the regime.
  • All your micro clients will be serviced without any issues.
  • We process more than 1,000 accounts per annum and we have never missed a deadline.
Conversion to new standards
  • We keep ourselves upbeat with all new requirements by HMRC.
  • We did very easy conversions to new standards from FRSSE to FRS and will continue to do so in future.
  • You will save a lot of time in training and developing your staff with all the changes.
  • Similarly, that will help you concentrate more on your business that you do best.
Corporation Tax Returns
  • Your company or association must file a Company Tax Return if you get a ‘notice to deliver a Company Tax Return’ from HM Revenue and Customs (HMRC). You must still send a return if you make a loss or have no Corporation Tax to pay.

  • When you file your tax return, you work out your:

    • profit or loss for Corporation Tax (this is different from the profit or loss shown in your annual accounts)
    • Corporation Tax bill
  • The deadline for your tax return is 12 months after the end of the accounting period it covers. You’ll have to pay a penalty if you miss the deadline.

    There’s a separate deadline to pay your Corporation Tax bill. It’s usually 9 months and one day after the end of the accounting period.

Sole Trader and Partnership Accounts
  • As this is the most famous way of doing business in the UK we take care of them from start to end.
  • Registering with HMRC and contributions agency.
  • Prepare statutory accounts for your sole trader clients.
  • We can help them decide whether they need VAT registrations.
  • We can do all bookkeeping and tax compliance work.

All Services Offered

Remote bookkeeping services that keep clients books in perfect order, updated as per agreed/desired turnaround time, without interrupting routine operations.

High calibre, dynamic resources for secretarial duties, to meet statutory requirements, compliance and services of a transactional nature

Timely computation of various types of tax, hassle free filing of returns, and expert assistance in making a fully compliant presentation to tax authorities.

Clutter free, cost efficient, and hassle free submission of year end accounts and CT returns to fully avail legitimate exemptions

Customized payroll to handle complex unique requirements, backed by specialist accounting knowledge for HMRC complaint and BACs approved solutions

KPIs and crisp real time reports to help clients gain an edge over competition, charting a path to steady growth and expansion across domains.