Services

Falcon Accounting Ltd offers online accounting software service for organisations looking to move into the cloud but require full systems integration and require bespoke accounting software built around their precise business needs.

Falcon Accounting Ltd helps startup businesses to achieve by giving their best, we give them all the great business, book keeping and tax advice they need in order to be successful.

Ranging from 1 in 5 to 3 out of 5, many new startups fail every year. Many of these businesses fail because they are unable to sought right advice. All the manual transactions and bookkeeping add up to the stress of newly opened business. Thousands of new businesses are created every year. Falcon Accounting Ltd helps startup businesses by offering complete support, alongside the independence to fully monitor their own spending.

Why Falcon Accounting for a business?

Falcon Accounting Ltd have a passion for accounting and have employed the best professionals for the job. We make use of latest technology. Good quality is the foundation of our outstanding services.

Falcon Accounting Ltd provides a better value service. Our specialist software is designed for business startup owners. Our experts are always on hand to answer any questions. With years of experience in accountancy services, we are in greater position to help start-up businesses.

Annual accounts are financial records of a company, a comprehensive report of the financial activity of a limited company during its latest financial year. This comprehensive report is submitted to HMRC for tax return purposes. Falcon Accounting Ltd offers modified services for annual accounts, and saves the companies from a hassle.

Why Falcon Accounting Ltd for Annual Accounts?

Falcon Accounting Ltd caters to a wide range of clients and their needs. We ensure that be it a sole trader, partnership or an ltd company, each firm follows legal processes. We provide specific tailored services for each type of firm at the finest level. Our specialists manage annual or statutory accounts to increase profits and get more investors on board.

There is an obligation on every firm to keep a financial record of their transactions. If any firm fails to provide financial records to HMRC, they are fined up to £3,000. But bookkeeping is not only because of legal requirements, it is a major constituent of a successful business.

Why Falcon Accounting Ltd for Bookkeeping services?

We offer flexible, cost-effective outsourced bookkeeping services including VAT returns, payroll and management accounts all around UK. Our online software makes it easy to assign bookkeeper tasks and keep a check on reports. Falcon Accounting Ltd delivers an intelligent bookkeeping service to SME’s, Accountants and other businesses providing a consistency of delivery and high-quality work.

We, at Falcon Accounting Ltd ensures that our clients pay taxes on time and in right amount as per HMRC’s real time reporting requirements. We work with a wide range of businesses as well as assist our clients unravel the VAT issues for their clients. We are well known and highly regarded by the profession. Our VAT services are widely used by firms all over the UK. We help SME business, landlords, contractors, start-ups, Ltd companies and YouTubers/bloggers/online entrepreneurs with tax liabilities.

Why Falcon Accounting Ltd for VAT?

Falcon Accounting Ltd ensures that companies can pay their VAT liability on time and in full. Xero is a great system which we use to keep a track on client’s automatic VAT generation. It allows them to know the running total on their VAT liability is at any point in the quarter.

Flat Rate Schemes – This is where companies pay a fixed percentage on any VAT inclusive turnover, the percentage is to be agreed upon by HMRC which will arrive with company’s acceptance letter if companies are accepted on the scheme. They do not reclaim VAT on purchases, except in a few exceptional circumstances.

VAT Retail Schemes – The process is same as flat rate scheme but unlike the flat rate scheme companies calculate their own taxable sales for a given period and the proportions of the total sales are at different taxable rates.

Annual Accounting Schemes – This may be a choice for a company if they would rather issue payments annually rather than quarterly or monthly. However, they should be putting aside money for when the final liability comes through because the liability will be considerably higher as it will be in one lump sum.

Administering payroll can be time consuming and troublesome, diverting dynamism and resources from the core activities of a business. And the task is made tough by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

Our payroll services include:

1. Customised payslips.
2. Administration of PAYE, national insurance, statutory payments.
3. Completion of statutory forms.
4. Summaries and analyses of staff costs.

Why Falcon Accounting Ltd for Payroll services?

Falcon Accounting Ltd have a dedicated staff that helps clients to relieve their burden by providing a complete and confidential payroll service. We help our clients to process payroll quickly and securely, automatically files submissions online for them and helps in keeping them compliant with auto enrolment legislation.

Make savings by engaging Falcon accounting Ltd in the administration of payroll.

Pension & Auto Enrolment

People think being a vlogger or a media entrepreneur is a one man show, but with the success of YouTube, vlogging and digital media this is no more a one man show. After all the hard work when someone becomes a YouTube star, digital media entrepreneur or an artist and they reach to their target goal. Taxation process begins when they start making money or register themselves for copyrights and as a company.

Cloud accounting software is the easiest option for these tech savvy budding entrepreneurs and YouTube stars. It’s necessary to choose a cloud accounting software that can accommodate growing base of followers and taxations.

Why Falcon Accounting Ltd for YouTubers, Blogger, Artist, Entrepreneur Accountancy?

Our team offers business and financial investment advice along with helping in tax return and copyright and company’s registration taxations. We, at Falcon Accounting Ltd offer modified services for digital media entrepreneurs, bloggers, artists and vloggers.

Income Tax & Self Assessment

Completing a self-assessment income tax return requires a lot of knowledge and learning about how taxes work and how should a firm go about it. Falcon Accounting Ltd offers a reliable and efficient services to prepare and file companies’ self-assessment tax return.

Why Falcon Accounting Ltd for Income Tax and Self-Assessment?

At Falcon Accounting Ltd we understand the hassle of self-assessment income tax return and can prepare companies’ self-assessment return, calculate their PAYE, advice on payments and also legally minimise companies’ tax obligations.

Property Accounting

Real estate agency and property accounting is always complex as there are a lot of clients with major amount and leasing taxes involved. However, there are easy way to balance property accounts. Cloud accounting is one of the hassle free and reliable way to manage property accounts.

Why Falcon Accounting Ltd for Property accounting?

Falcon Accounting Ltd partners with Xero (cloud accounting software) and Arthur software. Together, we offer a smooth and reliable property accounting transactions. Such as property liabilities, re leasing or lease renewal, property taxations or clients amount to be received. Falcon Accounting Ltd manages everything through Xero and Arthur providing modified services in property accounting. From rent payment to agent sales, Arthur works easily with Xero.

Contractor Accounting

Majority of contractors have similar accounting needs, accountants work with large numbers of clients but this disturbs administrative tasks. Cloud accounting softwares are extremely helpful in this regard, it simplifies processes and saves time. It’s important to choose a platform that can accommodate growing base of contractor clients.

Why Falcon Accounting Ltd for Contractor accounting?

Falcon Accounting Ltd allows contractors and their clients to work on the same set of data in real time, without creating a hassle of version control problems. We let contractors set up a bank feed so that all their new transactions load into the system automatically. Client-friendly features are an important thing for contractor clients, since they have a lot on their plate. We partner with Xero cloud accounting software and provide a dashboard that includes at-a-glance view of contractors’ cash flow, potential tax liabilities and payment dates.

You Tubers, Blogger, Artist, Entrepreneur Accountancy

Why Falcon Accounting Ltd for YouTubers, Blogger, Artist, Entrepreneur Accountancy?