Taxation and accounting

Every single UK limited company must do accounting and book keeping and must keep accounting record. This applies to both trading and non-trading companies.

Business accountancy is supposed to assist you in running your business on a daily basis. Professional and up-to-date bookkeeping and accounting serve to:

  • Prepare Corporation Tax and VAT returns for HMRC
  • Prepare accounts for Companies House
  • Control and balance accounts with your suppliers, customers, banks and employees.
  • Communicate financial information and prepare financial reports about the business.
  • Prepare financial documentation for investments, bank loans and insurances.
  • Deliver reports on inventory and assets.

Best Formations Limited provides its clients with professional accounting and bookkeeping services. If you are interested, please call us on +44 (0) 20 7060 7326 or send an email to

Help and advice
We have tried to answer as many common questions as possible on these pages, but if you do require further assistance
or have any other questions then please give us a call on +44 (0) 20 7060 7326 and we will be happy to help.