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Audit
Audit is an important requirement that is needed to review and assess the accounts and records of a business.
As registered auditors we have extensive experience of proving audit services to a range of businesses across a variety of industries. Software, Retailing, Manufacturing and Charities.
We understand that is it important to have clear and detailed reports from an independent company, which is where Banks & Co come in:
A number of our audit clients include UK companies that are owned by overseas companies and part of a group and we are used to working with group auditors as well.
An audit not only allows the Directors of a company to fulfil their statutory duties. It also can provide a valuable insight into the operation of the company and as well as offering an opinion to the shareholders.
Other reports requiring a Registered Auditors to provide opinions.
Some professional bodies especially the legal and estate agents regulators require reports on the operation of their member’s client accounts under their rules. We provide such services.
Independent Examination.
Mainly the preserve of smaller charities an Independent Examination whilst not as detailed as an audit it does offer a view on the numbers that are being reported and enable compliance by the Trustees.
Our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax, whether you're considering investments, a second home, or another asset.
Every year, corporation tax rates and reliefs vary, so we make sure we can offer all the necessary assistance and advice when examining potential exemptions, allowances, and deductions. In order to make sure you are in compliance and avoid fines, we will carefully evaluate and produce corporate tax filings.
Whether you're considering investments, a second home, or another item, our staff can make sure you maximise your exemptions while demystifying the complex world of capital gains tax.
We can help walk you through the complicated subject of personal taxation, we are aware that it can be challenging to grasp, therefore we support you every step of the way. By developing a tax planning approach that works for your tax situation and helps ensure you pay the least amount of tax, we eliminate the time and worry involved. Our staff will provide guidance on when payments are due in addition to what paperwork must be submitted and returned in order to maintain compliance.
[Company name] provide the following key services.
Latest news from [Company name]
HMRC have proposed a new criminal offence for making reckless, untrue statements or declarations about what's known as 'direct taxes' - Income Tax, National Insurance and the like. For Customs and Excise and VAT ('indirect taxes'), it is already possible to prosecute individuals who make untrue statements or submit incorrect documents either knowingly or recklessly, without the need to prove dishonesty. The penalties for such offences can be severe, including substantial fines and imprisonment. The direct tax regime does not currently contain an equivalent offence.
