Making Tax Digital Accounting Specialists
GMGP International Limited is a Quick Booking Online Accountants Practice operated by seasoned professionals, specialists in Management Accounting, Book Keeping, Making Tax Digital assistance, Management Consultancy and Compliance Services.
Outsourced Accounting | Quick Books Online Accountants
We look after all your tax and bookkeeping needs in our office. By outsourcing your accountancy to us, you can ensure that they’re being taken care of by professionals, so you can focus on running your business.
It’s not expensive many of our clients pay only £32+ VAT for our monthly service, while others still prefer a traditional one-off annual package tailored to specific needs.
Making Your Accounting Easy
With many years of experience behind us, we’re equipped and ready to deal with all your accounting needs. Continually staying on top of finances is both important and time-consuming. We’ll take care of all the bookkeeping in your business and we can do it every month.
Our services include:
Company tax returns
Making Tax Digital Accountants | Quick Books Online Accountants
What we need in order to assist you
Making Tax Digital for Income Tax Self-Assessment (known as MTD for ITSA) already exists for VAT registered businesses, however HMRC will require all businesses and landlords with gross income in excess of £10,000 to keep digital records from April 2023. Although April 2023 may seem far-off, it’s important for to start preparing now. We will enroll your business in a suitable cloud base accounting package.
The Monthly cost for the cloud based software (excluding VAT) starts at £12 for Limited companies, if Payroll is also required this is an additional £4 plus £1 per employee. For the self employed the start price is £8 a month. This can be subscribed to directly with Quick Books online or included in our monthly packing.
These package enable you to negate the need to send us all your paperwork. Through the mobile app you are able to snap your receipts and bills and the expense is recorded in you accounts. Through Direct link to your bank all transactions are recorded in your accounts. You are able to Create professional-looking invoices from your laptop, tablet or smartphone. Keep tabs on your invoices so you get paid on-time.
The software is a secure, cloud-based solution which means remote access to your accounts whenever and wherever you need it. Track invoices and payments on the go and be in complete control of your finances, from payroll to taxes. Clear reporting from accounting software is critical for making business decisions. You will be able to see all your finances in one place, see a cash flow forecast and understand which projects are profitable and on track.
What we do for you
Ensure your accounts are correctly maintained giving you peace of mind and freeing you focus on your business and your customers
We do all the bookkeeping,VAT, payroll and accounting. What you want when you need it. Either via a one-off annual package or monthly service solution.
Our services are made to make your life simpler and your business more focused on your customers not accounting.
You will be able to see how your business is doing in less than 30 seconds through the dash board provided by the software.
We’ll send you your management accounts along with an estimated tax bill and tailored advice every month if that’s what you want. Every year we’ll submit your year-end accounts and tax returns. We will deal with HM Revenue & Customs and Companies House submissions, so you don’t have to.
Virtual CFO | Quick Books Online Accountants
In order to manage your growing business you require a strategic partner to support you in accounting and finance for your business but are not in a position to bring on an in house CFO. GMGP offers Virtual CFO services where your Virtual CFO won’t be on-site, but will be available remotely. Ongoing Virtual CFO services can be adapted to suit your individual needs.
Virtual Book Keeping
Business bank reconciliations
Credit card management
Cash flow forecasting
Budgeting & Forecasting
Staff cost management
Variable vs. fixed expense reporting
Debt planning and reduction
Weekly Cash Flow Forecasts
Accounts Receivable Reports
Accounts Payable Reports
Custom Internal Reports
Quickbooks Online Accountants
As and Advanced Certified Pro Advisor, we are able to help you hands on with the accounting required for your business.
With a subscription to quickbooks online, we can assist you directly within your company in the management of your business and ensure everything is accounted for correctly.
We can manage the Making Tax digital process and maintenance and submission of VAT and Income Tax returns ensuring you are at all time up to date and compliant with HMRC.
We stay up-to-date on all the Anti Money Laundering, Know you Customer and regulatory and legislative developments.
We are members of ACAMS, Association of Certified Anti-Money Laundering Specialists and International Compliance Association.
We can assist you with the compliance required for on boarding and maintaining customers and provide training and procedures necessary to ensure you and your staff understand your requirements.
AML & CTF Management
Know you Customer Management
Phone 01865 589203
What information will we collect about you?
The information gathered by GMGP International Limited generally falls into this category:
Information supplied by customers in “the contact us form” when they submit a request to be contacted:
The contact form located in the “Contact Us” section will request the following information:
• Email address
Legal Basis for processing your data
This is our legal basis for requesting your personal data.
· Consent: The “Contact Us” form information will be used by us to contact the customer if he wishes more information about our services.
Where does the information we collect about you come from?
We collect the information from the customer when he submits a request via the “Contact Us” form.
How will we use the information collected about you?
· To offer our services to customers.
How and when will we contact you?
We may be contacting our customers by email or phone for the following reasons:
· To offer our services or respond to a doubt raised via our contact us form.
Who will we share your information with?
We will not share your information.
Will we transfer your data outside the EEA?
Our company is located in the EEA. The information the customer submits through the contact form will not leave the EEA.
How long will we keep your personal information?
We will keep only keep the information for the purpose to offer a service or respond a doubt a customer has raised. As soon as this is done, we will dispose of the information.
Will we contact you for marketing purposes?
We will only contact the customer if he has explicitly provided his/her consent to do so. The customer can withdraw consent to receive marketing communications at any time he wishes.
Can you refuse to provide your data to us or request that we delete your data?
We only keep the customer information to resolve requests and questions for the time it takes to complete the process. The customer is entitled to seek the deletion of the data even before the process of the resolution of inquiry is completed.
Can you find out what data we hold about you?
The customer has the right to know what personal information was compiled. He has right to request a copy of such information if required. If the customer considers the data is inaccurate, he has the right to rectify it if required. A request can be submitted via our contact page.
Do you have the right to data portability?
The customer has the right to receive and transmit the personal data that was provided by the individual. This request can be submitted via our contact page.
Cookies & External Websites
Changes to this Privacy Notice
The customer can submit any complaint related to the handling of his data privacy rights. The main point of contact to submit complaints is through our contact page. In case the customer is not satisfied with the outcome of a complaint handled by us, he can request assistance from the appropriate supervisor authority.