CorrisLeggat Accountants

CorrisLeggat is a modern firm of professionals offering a unique 'Virtual Finance Department' service and custom 'Cloud Accounting' packages. Our proactive use of IT cloud software, add ons, streamlined accounting, bookkeeping, payroll, and tax planning solutions have helped us achieve significant growth in recent years. We are proud to offer a FREE CONSULTATION service to understand your business needs, whether it be face-to-face, over the phone or through our package builder. A package can be built that suits you and your business based on the information that you provide. We’ll sort out your sole trader accounts If you operate your business as a sole trader your main reporting obligation is to file an annual self assessment tax return to HM Revenue and Customs. That said, you are however required to keep accurate records of your sales and expenses on a regular basis. Your Sole trader accounts will provide the information needed to complete your self assessment tax return as well as providing a picture of how your business is doing. We can help you manage your sole trader accounts and complete and file your self assessment tax return on your behalf. This means you’ll not only be meeting your obligations but also benefit from our ongoing advice and guidance and only pay the tax you need to. There are different types of limited companies such as limited by shares, limited by guarantee, private unlimited company and public limited company. Most of the people in UK operate under limited company by shares. Before you start your business under Limited Company it has to be registered with the company’s house. After incorporation, Our first step is to understand your business in depth so that we would be in a position to guide you according to your business requirements. Our job is to explain each and every aspect of the accounts in detail so you can understand all the figures and their impact on the business. We also make sure compliance with all the Companies House and Inland Revenue regulations is followed. Outsourcing processes such as bookkeeping to a team of experts such as us means it frees up your time to concentrate on what you’re good at – running and growing your business and remember, if we carry out your bookkeeping then your year end charges are likely to be lower. Please Contact Us if you would like us to register you for CIS and prepare your Self Assessment  Introduction to the UK Construction Industry Scheme. The Construction Industry Scheme is a UK tax system which applies to contractors and sub-contractors in the construction industry.  In certain circumstances, when payments are made by contractors to subcontractors, the contractor must deduct and withhold some tax. This deducted tax is then paid over to HMRC by the contractor, and is regarded as tax paid by the sub-contractor.  CIS is therefore similar to PAYE for employers / employees.  When the sub-contractors make their Self Assessment tax returns at the year end, they can count this deducted tax as already paid. This may result in either a balance of tax to be paid, or a refund.  CIS Registration We can register you for CIS, please Contact Us if you require this service.  These are 2 ways to register for CIS yourself:  • Telephone the CIS Helpline 0300 200 3210  • Send off form CIS 301  Contractor's Monthly CIS Return A CIS Contractor must complete an Online Monthly CIS Return to HMRC, which lists the tax deducted from Sub-Contractors. If none in a particular month, then a 'nil return' is still required. The total CIS deducted must then be paid over to HMRC each month.  CIS Tax suffered by a Self-Employed Sub-Contractor CIS tax which has been deducted by a Contractor when paying a self-employed sub-contractor is taken into account when the sub-contractor is filing the Self Assessment Tax Return.  CIS Tax suffered by a Limited Company Sub-Contractor CIS tax which has been deducted by a Contractor when paying a limited company sub-contractor can be set off against the company's Corporation Tax bill or reclaimed - please refer to the link below.  "We have been a client of CorrisLeggat for over 3 years. More recently we have outsourced all of our finance by taking advantage of the Virtual Finance Department package. We haven't looked back since, it's a great service that many in the construction industry would benefit from."

Jack Heaton
5 Star
This is my first year with Jack and he's answered all my questions and put all my worries at ease. Very professional service, will be staying with Jack for many more years. Highly recommend
Friday 21st June 2019

Ben Carter
5 Star
I have recently set up a Recruitment Company with the help of Jack Corris, he has done everything from setting me up as a Ltd company to my quarterly VAT returns. Jack also gave me full access to my own QuickBooks accounting software, that allows me to invoice and upload receipts with ease. I pay Jack a very affordable monthly fee, which has worked great with myself as a new business. I couldn’t recommend enough. Great service.
Wednesday 19th June 2019

Nicholas Englund
5 Star
Would highly recommend the service been a massive help to our new business. Very helpful and friendly service wouldn't know what to do without it.
Saturday 10th August 2019

chaouky kemmar
5 Star
Had bad experiences with previous accountants I had dealt with, I came to CorrisLeggat and everything was made so easy. Couldn’t recommend more 5* experience.
Tuesday 14th May 2019

Ryan Beardwood
5 Star
Great service, fast and reliable. Would definitely recommend.
Tuesday 14th May 2019