Limited Company Compliance

In this work experience training you will learn how to perform compliance for a small business who is operating as a limited company in just 10 sessions. Each sessions length is usually between 2-3 hours. These sessions are spread out over a period of 3 months. The sessions are designed to accommodate university and other work commitments of the candidates. Hence, the timing is usually evenings. There are practice assignments after each session for candidates to get grips on the tasks.
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Eligibility:

• Basic understanding of accounting concepts (profit and loss account, Balance sheet, double entry accounting).

 

What you will learn:

• Overview of current tax structure in the UK​

• Limited Company Incorporation

• Registration for Taxes (PAYE, CIS, VAT)

• Accounting software (Xero, QB, SAGE)

• VAT return (Xero)

• Payroll processing (Xero, Sage)

• Auto-enrolment (Demo)

• Confirmation statement

• Statutory Accounts

• Corporation tax return

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