DGC  Financial Services

Accountants and Financial Consultants

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Your accountant knows all your financial secrets. You  rely on his or her skills to not only balance your books but also to reduce your  tax bills while keeping you on the right side of the law. And you can use his expertise as a source of business support and advice.

Before you contact anyone, sit down and decide what you really want. Once you start meeting people, they will start offering services you never asked for. You must be clear in your own mind about the sort of service you want.

So who are these third parties and what information DGC Financial Services are they looking for when they inspect your books?

ABOUT US

If your company has limited liability status, you will need to file your accounts each year with Companies House. You will need to provide details such as:

As for your VAT returns, HM Customs and Excise also requires that your records are full and up to date from the day you started trading and you must keep them for a minimum of six years. Both the Inland Revenue and HM Customs and Excise allow you to decide the manner in which you keep your accounts but it is imperative that they are clear, complete and accurate.

Your books, both historical and current, are a clear summary of how your business is doing, who owes you money - or perhaps, more importantly, who you owe money to - and what areas your business should develop.

 

DGC FINANCIAL SERVICES

There are many reasons why a business should keep full, up to date and accurate business records. Well-maintained books enable you to plan your cash flow more efficiently, to understand which customers and products are the most and the least profitable and to plan the development of your business more effectively...

He or she can provide objective advice and may be quicker to spot the warning signs if the numbers aren't looking as good as they should. For example, is your downturn in trade part of a wider trend or something specific to you.

 

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