Specialist VAT Services

VAT is one of our principal areas of expertise. We help VAT-registered businesses prepare accurate returns, review their VAT records and apply the appropriate VAT treatment to their transactions.

Our AI-assisted VAT review system helps us examine financial information efficiently and identify areas that may require further professional review. This can include legitimate recoverable input VAT that may previously have been overlooked or treated incorrectly.

Our VAT services include:

• Preparing and submitting VAT returns

• Reviewing current and previous VAT records

• Identifying potentially missed recoverable input VAT

• Checking the VAT treatment of business transactions

• Making Tax Digital support

• VAT registration and deregistration

• Correcting genuine errors in previous returns

• Assistance with routine HMRC VAT queries

• Support with maintaining suitable VAT records

Technology supports our work, but every proposed adjustment must be supported by the available evidence and assessed against the applicable VAT rules. We never guarantee a repayment or predetermined financial outcome.

Why Choose Rowland McCormack Accountancy?

Clear Communication

We explain accounting and tax matters in straightforward language, without unnecessary jargon.

Tailored Support

Every client is different. Our advice and services are based on your records, circumstances and objectives.

Modern Technology

We use modern accounting technology, including AI-assisted review tools, to improve efficiency and highlight areas requiring professional attention.

Responsible Advice

Our recommendations are based on the available evidence and applicable accounting and tax rules.

Comprehensive Service

From everyday bookkeeping and payroll to annual accounts, VAT and tax returns, we can support the essential financial requirements of your business.

Established UK Company

Rowland McCormack Accountancy is a trading name of Bamford Book Keeping Services Ltd, an active private limited company incorporated in England and Wales on 16 February 2022.

Accounting Services Built Around Your Business

Pay What You Owe. Claim What You’re Entitled To.

At Rowland McCormack Accountancy, we provide straightforward accounting, bookkeeping and tax support to businesses and individuals throughout London and across the United Kingdom.

Our services are designed to help you maintain accurate records, meet important deadlines and understand your financial position. Whether you need assistance with one particular obligation or ongoing support across your business, we will tailor our service to your circumstances.

Tax Planning

Good tax planning is about understanding your obligations in advance and making informed, commercially sensible decisions within current UK legislation.

Our tax-planning support is tailored to your circumstances and may include:

• Reviewing your current tax position

• Planning for upcoming tax liabilities

• Considering the timing of relevant business decisions

• Reviewing potentially allowable expenses and reliefs

• Helping business owners understand different methods of taking income

• Considering the tax implications of planned transactions

• Identifying areas requiring specialist advice

• Helping you avoid preventable surprises and missed deadlines

We do not promote artificial arrangements or promise guaranteed savings. Our objective is to help you manage your affairs efficiently while remaining compliant with the law.

Bookkeeping

Reliable bookkeeping gives you a clearer understanding of your business and provides the foundation for accurate accounts and tax returns.

We can maintain and organise your financial records, allowing you to spend more time operating and developing your business.

Our bookkeeping services include:

• Recording income and expenditure

• Bank and credit-card reconciliations

• Purchase and sales ledger support

• Organising receipts and financial documents

• Reviewing bookkeeping records

• Preparing financial information for year-end accounts

• Identifying missing or inconsistent entries

• Liaising with you about outstanding information

Our service can be provided monthly, quarterly or according to the requirements of your business.

Payroll Services

Managing payroll accurately and on time is an important responsibility for every employer. We provide dependable payroll support to help businesses pay their employees correctly and meet their reporting obligations.

Our payroll services include:

• Payroll calculations

• Employee payslips

• PAYE and National Insurance calculations

• Real Time Information submissions

• Starter and leaver processing

• Statutory payment calculations

• Payroll summaries and reports

• Tax-code updates

• Year-end payroll information

• Workplace pension information where applicable

We provide clear information about the amounts due and the relevant payment deadlines.

Annual Accounts

Accurate annual accounts provide an essential picture of your business’s financial performance and position. We prepare clear accounts using the records and information supplied by you.

Our annual-accounts services include:

• Limited-company accounts

• Sole-trader accounts

• Accounts for small and medium-sized businesses

• Year-end accounting adjustments

• Profit-and-loss statements

• Balance sheets

• Companies House filing support

• Clear explanations of the completed figures

• Identifying information required before submission

We will explain the accounts in straightforward language so that you understand what the figures mean for your business.

Corporation Tax

Limited companies must calculate their taxable profits, submit the appropriate return and pay any Corporation Tax due within the applicable deadlines.

We provide practical support throughout this process, helping companies understand their obligations and claim legitimate expenses and reliefs where applicable.

Our Corporation Tax services include:

• Corporation Tax calculations

• Preparation of company tax returns

• Tax-payment deadline reminders

• Filing-deadline support

• Review of allowable business expenses

• Consideration of applicable reliefs

• Reconciliation of the tax calculation with the annual accounts

• Assistance with routine Corporation Tax correspondence

Our recommendations are based on your company’s actual circumstances and the tax rules applying to the relevant accounting period.

Self-Assessment Tax Returns

Self-Assessment can become complicated when you have several sources of income, business activities, property income or gains to report.

We prepare and submit Self-Assessment tax returns using the complete and accurate information supplied by each client.

We can assist:

• Sole traders

• Company directors

• Landlords

• Partners in partnerships

• Individuals with multiple sources of income

• Individuals with investment income

• Individuals who may need to report capital gains

• Clients who require help understanding their tax position

We will explain the information required, calculate the resulting liability and confirm the relevant submission and payment deadlines.