Practical Accounting Training LTD
'Keeping you in business'
 
 
 

Our Services

In today's challenging and competitive landscape, we give businesses a firm control of its financial affairs by providing you with the following excellent services.

 

Tax and Accountancy

Practical Accounting Training Ltd has dedicated specialists who will specifically look after all of your Company and Personal Taxation affairs for an agreed fixed monthly fee. Our services in this area include all of the following: 

 
Blue arrow Bookkeeping
Blue arrow Monthly management accounts
Blue arrow VAT returns, if registered
Blue arrow Personal and Corporate Tax Planning and Advice
Blue arrow Personal Taxation
Blue arrow Taxi/Cab Drivers Accounts
Blue arrow Annual Company Returns
Blue arrow Corporate Tax Returns
Blue arrow Year end Accounts
Blue arrow Unlimited support and advice
 

Payroll Administration

Practical Accounting Training Ltd managed payroll solutions allows clients to run and build their businesses leaving us to provide the daily payroll support. We have helped hundreds of clients to find the most efficient payroll solution leaving you the freedom to concentrate on your business. We have a highly skilled and dedicated team of payroll specialists who will complete all payroll-related tasks, to an agreed timescale, on behalf of your organisation.

 
Blue arrow  Administration of PAYE, NIC, SSP, SMP, etc
Blue arrow  Completion of statutory returns to the HM Revenue and Customs and to all your employees
Blue arrow  Analysis of payroll costs
Blue arrow  Pension Scheme Administration
Blue arrow  Weekly/Monthly payslips for your staff
Blue arrow End of year payroll returns
 

You just need to nominate a Payroll Coordinator (who need not have payroll experience) to act as the focal point of communications between you and our payroll department.

We will check the information supplied and then calculate pay, tax, National Insurance, statutory payments, overtime and pension contributions. We will liaise with the Department of Social Security, Pension Providers and HM Revenue and Customs as and when required.
We will run the payroll, checking and reconciling the output and produce printed payslips with management reports which will be sent to you along with full payroll run information for your records.
 

Self Assessment

The deadline for the submission of your self assessment return is fast approaching and you need to be aware that the penalties being imposed by Revenue & Customs for late returns are becoming increasingly more severe.

Practical Accounting Training Ltd provides a Self Employed Tax Return Services and this covers:

 
Blue arrow  Full Tax Calculations - We will do this calculation for you and advise exactly how much tax needs to be paid and when you need to pay it.
Blue arrow Refund Claims - If there is refund due from the tax man, we will make the appropriate claims on your behalf and unlike some other tax services we will not charge a percentage of your refund as additional costs.
Blue arrow Revenue and Customs Correspondence - Wwe will deal with Revenue and Customs on your behalf. This will include all correspondence and the checking of statements of accounts, notices of coding etc.
 Blue arrow Tax Questions - Become one of our clients and whenever you have a tax query, just pick up the phone to us and we'll do our best to answer it.
 
Financial Training

The overall aim of the training in Bookkeeping, Accountancy & Payroll programme is to give delegates practical work experience and accredit the knowledge and skills of delegates relevant to the fundamentals of financial and payroll management relating to businesses which will lead you in getting International Association of Bookkeepers (IAB) certificate; a globally recognised qualification both in manual and computerised bookkeeping and payroll administration.

We have carefully designed and structured our training to give delegates the necessary skills to enable them to understand, prepare accounts and do pay-runs from source documents.
Work Experience can be any employment, paid or voluntary, that builds on ones experience of life in the work place. Employers value work experience. It will help you develop an understanding of the world of work, equipping you with the skills and attitudes necessary to prepare you for employment.

With our training programme, you will have the opportunity to develop your knowledge and skills associated with the key financial and payroll management tasks to be performed by those operating businesses. Specifically, you will be able to perform tasks relating to the keeping of records, VAT, payroll, the preparation and interpretation of final accounts, taxation and reporting to HMRC, costing and pricing of products, management of working capital and financial planning and control.

 
Candidates Required Entry Knowledge
No previous accounting experience or in depth knowledge is necessary. Candidates should have some basic knowledge of using computers and knowledge of using Microsoft Excel would be advantageous. The course would be best suited for students studying ACCA, CIMA,CAT, AAT and other accounting course or interested in expanding existing knowledge in accountancy and build career in the finance industry.
 
0Membership No: 2169182
ACCA Approved Employer