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We have an outstanding track record in dealing with a wide variety of tax and accounting demands. M&B Tax Services Ltd has worked with individuals and businesses – from the smallest of start-ups to the largest corporations – and is equipped for any challenge that may come our way. Whatever financial management advice you may need, please contact us to see how we can help you out.
We can help you save time and money, with simple, fast and hassle-free outsourced payroll services.
With over 20 years of experience and the latest Sage software, our dedicated team of experts deliver payroll services in a professional and timely manner. Unlike our competition, we focus on a highly customised, fast and efficient payroll service, designed exactly to our clients’ requirements.
Payroll is a time-consuming administrative burden which requires a diligent approach. This highly regulated, complex legislative area can be quite complicated, therefore there is a lot of room for error. Many practices find it challenging training staff and managing resources to keep on top of frequent tax codes changes, pension deductions, student loan deductions, statutory payments, GDPR compliance and Data Protection.
We have the experience and processes in place to avoid payroll errors as our team of dedicated professionals focus solely on payroll, adhering to government regulations.
We provide an outsourced and bespoke payroll service for your business.
Our flexible managed outsourced payroll can reduce your administrative responsibility and help you focus on your business, by freeing up resources and improving turnaround times. We will prepare and maintain all your payroll records, ensure full compliance with the relevant laws and with the automatic enrolment responsibilities.
Combining reliability with accuracy, we deliver a risk-free solution to your payroll outsourcing needs.
Our outsourced payroll services include:
Just think of us as your payroll department all for a low monthly fee.
Our professional CIS specialists are trained to support you throughout the process of CIS tax returns, unavoidable in the building industry. Making only one mistake can end up with paying much more tax than you should. Our expertise in this field along with professionalism and experience in working with construction workers will provide you with the highest standard of CIS tax returns.
Initiated by HMRC CIS is designed to protect construction workers from false employment. The process includes deducting money by contractors from subcontractor’s payments towards tax and national insurance.
Contractors include property developers and builders but do not have to be limited to this. Not construction-based businesses with annual spending more than £1 million per year or construction work over three years may also need to be CIS registered.
A subcontractor however, is a person under the duty to the contractor to carry out construction operations or provides staff to perform these operations, receiving payments under the contract with the contractor.
Both parties should register for the scheme, contractors are obligated by the law and subcontractors in order to avoid higher rate deduction payments.
The CIS rules and regulations makes it a long and complicated process resulting with penalties for failures of meeting the obligations which are also very difficult and expensive to resolve.
M&B Tax services makes this process easy and comfortable for you by taking care of:
Scheme registration
Gross payment status application
Employed status
Expenses
Inquiry assistance
Legal and contractual matters
Employment agencies
Avoiding contractor downtime, and maintaining the morale of your workforce
You will find all our services are highly competitive on price and have the highest quality of service.
New Business Start Up
Our service can help you with all aspects of setting up your new business, helping you develop your business plan, opening business banking, registering your new company and getting you ready to trade.
Limited Company Registration
Setting up your own company can seem a daunting prospect but we can complete your registration and explain what it means for you and your legal requirements.
Self Employed Registration
If you are moving from employment to working as self employed you need to inform HMRC and register for self assessment, we can assist you in every step.
VAT Registration
We can complete all the forms needed to register your Limited company for VAT.
Invoicing
We offer an invoicing service where you submit your hours worked to us each week and we will create and submit invoices on your behalf saving you time completing paperwork an allowing you to concentrate on growing your business.
Bookkeeping
It may feel like you can save money by doing everything in your business yourself, however using a bookkeeper can save you money, time and stress. These savings come from a reduced risk of human error, years of experience, no missed payments to HMRC or missed tax deadlines. A bookkeeper is an essential part of your business. Using Sage software we will reconcile your accounts between your invoices and payments received every 3 months in line with your VAT Returns date.
VAT Returns
Once you are registered for VAT we will complete a VAT Return submission in Sage for your company every 3 months and submit to HMRC, we will also advise on VAT flat rate schemes that may apply to your business.
Corporation Tax
If your company is liable for corporation tax, we will calculate how much profit your company makes for each accounting period and how much corporation tax is payable.
Employment
If you plan on having employees we can take care of Payslips, P45, P60 and pensions.
Self Assessment Tax Return
For a small fee we will complete your Tax Return, calculate your tax liability, file online with HMRC and assist you to pay on time avoiding penalties, do not ignore your Self Assessment.
Pension Auto Enrolment
Under the Pensions Act 2008, every employer in the UK must put certain staff into a workplace pension and pay into it. This is called ‘automatic enrolment’. The Pensions Regulator is responsible for ensuring that all employers comply with workplace pension law. We can take care of every step for you.
Year End Accounts
Using Sage software we will complete all your end of year requirements and submit your accounts to HMRC and Companies House.
Remote Service
Right from initial registration through to your annual accounts we can collect everything we need from you by email or phone meaning you can spend longer growing your business and less time waiting in offices, you are of course welcome to deliver documents in person.
Face to Face Service
If you prefer to speak to someone face to face you are very welcome to contact us to book an appointment, unfortunately we are unable to meet anyone without an appointment as we are focused on delivering our clients accounts.
Areas Covered
We have offices in Derby and Rugby but because you never have to visit the office unless you want too we can offer our services to every town and city in the UK including:
London, Birmingham, Leeds, Glasgow, Sheffield, Bradford, Liverpool, Edinburgh, Manchester, Bristol, Kirklees, Fife, Wirral, North Lanarkshire, Wakefield, Cardiff, Dudley, Wigan, East Riding, South Lanarkshire, Coventry, Belfast, Leicester, Sunderland, Sandwell, Doncaster, Stockport, Sefton, Nottingham, Newcastle-upon-Tyne, Kingston-upon-Hull, Bolton, Walsall, Plymouth, Rotherham, Stoke-on-Trent, Wolverhampton, Rhondda, Cynon, Taff, South Gloucestershire, Derby, Swansea, Salford, Aberdeenshire, Barnsley, Tameside, Oldham, Trafford, Aberdeen, Southampton, Highland, Rochdale, Solihull, Gateshead, Milton Keynes, North Tyneside, Calderdale, Northampton, Portsmouth, Warrington, North Somerset, Bury, Luton, St Helens, Stockton-on-Tees, Renfrewshire, York, Thamesdown, Southend-on-Sea, New Forest, Caerphilly, Carmarthenshire, Bath & North East Somerset, Wycombe, Basildon, Bournemouth, Peterborough, North East Lincolnshire, Chelmsford, Brighton, South Tyneside, Charnwood, Aylesbury, Vale, Colchester, Knowsley, North Lincolnshire, Huntingdonshire, Macclesfield, Blackpool, West Lothian, South Somerset, Dundee, Basingstoke & Deane, Harrogate, Dumfries & Galloway, Middlesbrough, Flintshire, Rochester-upon-Medway, The Wrekin, Newbury, Falkirk, Reading, Wokingham, Windsor & Maidenhead, Maidstone, Redcar & Cleveland, North Ayrshire, Blackburn, Neath Port Talbot, Poole, Wealden, Arun, Bedford, Oxford, Lancaster, Newport, Canterbury, Preston, Dacorum, Cherwell, Perth & Kinross, Thurrock, Tendring, Kings Lynn & West Norfolk, St Albans, Bridgend, South Cambridgeshire, Braintree, Norwich, Thanet, Isle of Wight, Mid Sussex, South Oxfordshire, Guildford, Elmbridge, Stafford, Powys, East Hertfordshire, Torbay, Wrexham Maelor, East Devon, East Lindsey, Halton, Warwick, East Ayrshire, Newcastle-under-Lyme, North Wiltshire, South Kesteven, Epping Forest, Vale of Glamorgan, Reigate & Banstead, Chester, Mid Bedfordshire, Suffolk Coastal, Horsham, Nuneaton & Bedworth, Gwynedd, Swale, Havant & Waterloo, Teignbridge, Cambridge, Vale Royal, Amber Valley, North Hertfordshire, South Ayrshire, Waverley, Broadland, Crewe & Nantwich, Breckland, Ipswich, Pembrokeshire, Vale of White Horse, Salisbury, Gedling, Eastleigh, Broxtowe, Stratford-on-Avon, South Bedfordshire, Angus, East Hampshire, East Dunbartonshire, Conway, Sevenoaks, Slough, Bracknell Forest, West Lancashire, West Wiltshire, Ashfield, Lisburn, Scarborough, Stroud, Wychavon, Waveney, Exeter, Dover, Test Valley, Gloucester, Erewash, Cheltenham, Bassetlaw, Scottish Borders, Donington, Nuneaton, Hinckley, Daventry, Leamington Spa, Crick, Rugby, DIRFT
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