Our Services

Cloud accounting has revolutionised the accounting world and the way small businesses keep and prepare their daily records.

Historical figures are literally a thing of the past. No business should be run using anything but accurate and up to date figures

As accredited advisors for Xero, we offer tuition for any client wishing to carry out his/her own bookkeeping using the Xero software.

We will discuss with you your current bookkeeping systems to gain an understanding of your processes. We can then advise on the benefits of Xero and show you how using this program for your bookkeeping will aid in reducing your year-end accounts fees.

As well as offering support to enable you to become self-sufficient, we also understand that some clients prefer to concentrate on what they do best, the day to day running of their business, and this is why we offer the cloud bookkeeping service which we run and maintain on your behalf using the Xero software.

We’d love to help remove any bookkeeping headaches!

Xero is a global company with offices in the United States, United Kingdom, Australia and New Zealand. Xero is the emerging leader in online accounting software, providing business owners with real-time visibility of their financial position in a way that’s simple, smart and secure.

As accredited Silver Xero Pro-Advisors, you can find us on the Xero website when searching for an agent in your area. We are one of very few Pro-Advisors in the Oxfordshire area.

Please click on the Xero logo to find out more about the company itself and the great benefits of using its software.

Do you want to focus on the day to day running of your business? Let us liberate you from hours of tedious bookkeeping.

At VT Accountancy, we understand that sometimes, bookkeeping is the most boring part of your role in your business, but we LOVE it.

We offer 100% support to all of our clients with their bookkeeping needs, be it any of the following:

• Day to day recording of transactions
• Preparation of quarterly VAT Returns
• Preparation of weekly, fortnightly or monthly payroll
• Preparation of quarterly management accounts

A lot of small businesses have to wait until their accounting period has ended to find out just how well or badly their business has performed. Quarterly management accounts are the perfect tool to assist you in the running of your business. You will be able to see each quarter, your turnover and profits/losses and on top of this, as we will be keeping track of the figures each month, we will be able to advise, in real time, the areas which may need attention.

Historical figures are a thing of the past, literally!

If you are looking for a bookkeeper or simply need some advice on how to make your current system work for you and become more efficient, please do give us a call.

On the other hand if you are looking for someone to whom you can trust and hand over your bookkeeping processes to, look no further.

Considering upgrading your current bookkeeping system to one “in the cloud”? Please take a look at our Cloud Accounting service to find out more about what the Cloud can offer, how it works and the best packages to use.

We don’t want to frighten you with statutory deadlines and filing penalties but they are all part of the year end accounts process.

Failure to submit your accounts on time to Companies House can result in a fine starting at £150.00 and rising to anything up to £1,500.

Incorporated companies are required to file their abbreviated accounts to Companies House within nine months of their accounting year end (For newly incorporated companies, the first filing deadline will be 9 months from the 1 year anniversary of your date of incorporation). This means you have nine whole months to get your records together, seems like a long time doesn’t it, but when you’re running a business this time can fly by and before you know it there is only a month to go.

At VT Accountancy, it is our role to ensure that you stay on target and meet these deadlines.

Hand your records over to us, it doesn’t matter what your records look like, as long as we receive them within at least a month of your statutory filing deadline we will ensure that the deadline your filing deadline is met.

We will not only prepare your accounts, we will review with you how your business is performing finance wise and, if needed, provide tips and suggestions on how you can improve and perfect your current bookkeeping systems to make it work for you.

It won’t be just a yearly letter or phone call you receive from us regarding your year end accounts, we will be in touch throughout the year to ensure you are kept up to date with all the coming tax and statutory regulations. This advice is of no use in hindsight and that is why we pride ourselves on ensuring our clients are always up to date with the knowledge they need to run a successful business. 

Xero is a global company with offices in the United States, United Kingdom, Australia and New Zealand. Xero is the emerging leader in online accounting software, providing business owners with real-time visibility of their financial position in a way that’s simple, smart and secure.

As accredited Silver Xero Pro-Advisors, you can find us on the Xero website when searching for an agent in your area. We are one of very few Pro-Advisors in the Oxfordshire area.
Please click on the Xero logo to find out more about the company itself and the great benefits of using its software.

Intuit is a global company with revenues which top £3bn, approximately 8,000 employees and major offices in the United States, Canada, the UK, India and other locations.

The difference between Intuit and Xero is that Quickbooks also offer the static desktop version of the software as well, for those of you who are not quite ready to make the jump to the cloud.

As accredited Quickbooks Pro-Advisors, you can find us on the Intuit Quickbooks website when searching for an agent in your area.
Please click on the Quickbooks logo to find out more about the company itself and the great benefits of using its software.

We know completing and submitting your Tax Return probably isn’t at the forefront of your mind but it doesn’t go away and ignoring a notice can only lead to one thing…… PENALTIES.

The Self Assessment Tax Return filing deadline is 31 January every year. This may seem a long way away, but it really isn’t and sneaks up on you faster than you think.

Late filing penalties start at £100.00 and can increase up to a current maximum of £1,600 per tax year. These are not figures tax payers want to hear especially in cases where their tax liabilities are minimal.

At VT Accountancy, we offer an extensive Tax Return submission service whether it is a personal, partnership or Trust Tax Return. We do everything in our power to ensure that your Tax Return is completed and filed with the Revenue before the deadline.

WHAT EXPENSES CAN I CLAIM:

Many of our new clients have missed out on allowable expenses because they are unsure about the expenses they can claim. Many clients are nervous of HMRC and therefore claim less than they are entitled to be on the safe side!

We will take time to understand your business enabling us to offer valuable advice on tax allowable expenditure individual to your business.