Frequently Asked Questions

Clear answers to common accountancy questions

Find answers about our services, tax returns, accounts, VAT, payroll, CIS and working with MB Accounts LTD.

How We Can Help

Everything you need to know before getting started

We believe accountancy should be straightforward. Below are answers to some of the questions we are most commonly asked by individuals, sole traders and businesses.

General

About working with us

What services do you offer?

MB Accounts LTD provides support with Self Assessment tax returns, Making Tax Digital, VAT returns, sole trader accounts, limited company accounts and corporation tax returns, 60 day Capital Gains Tax returns, financial advice and planning, monthly CIS submissions and payroll.

View all services
Who do you work with?

We support individuals, sole traders and limited companies with accountancy, tax and financial responsibilities.

Where is MB Accounts LTD based?

MB Accounts LTD is based in Bexhill-on-Sea and supports clients locally and throughout the surrounding area.

How do I get started?

The easiest way to get started is to book a consultation and tell us a little about what you need help with. We can then discuss your situation and explain the next steps.

Book a consultation
Tax Returns

Personal and business tax questions

Can you prepare my Self Assessment tax return?

Yes. We can help prepare and file your Self Assessment tax return accurately and make sure the relevant information is reported correctly.

Self Assessment Tax Returns
Can you help if my tax return is overdue?

Yes. If a tax return or set of accounts is overdue, we can review what needs to be completed, help organise the required information and work with you to get things back on track.

Can you help with a 60 day Capital Gains Tax return?

Yes. We can assist with Capital Gains Tax reporting for UK property disposals where a 60 day return is required.

60 Day CGT Returns
Do you prepare limited company accounts and corporation tax returns?

Yes. We provide support with annual limited company accounts and corporation tax returns, helping you keep your company reporting organised and up to date.

Limited Company Accounts
VAT & Digital Records

VAT and Making Tax Digital

Can you prepare and submit my VAT returns?

Yes. We can help prepare and submit VAT returns using your accounting records, helping ensure your figures are organised and reported accurately.

VAT Returns
What is Making Tax Digital and can you help me with it?

Making Tax Digital involves keeping appropriate digital records and submitting information to HMRC using compatible systems. We can help you understand what is required and support you with your MTD reporting.

MTD Tax Returns
What records should I keep for my accounts?

The information needed will depend on your circumstances, but this commonly includes records of income, expenses, invoices, receipts, bank transactions and other relevant financial information. We can explain exactly what we need from you.

Businesses

Sole traders, payroll and CIS

Can you help with sole trader accounts?

Yes. We can help sole traders organise their financial records, prepare accounts and deal with the relevant tax reporting.

Sole Trader Accounts
Do you provide payroll services?

Yes. We provide payroll support to help businesses process employee pay accurately and keep payroll reporting organised.

Payroll
Can you manage monthly CIS submissions?

Yes. We can prepare and submit monthly Construction Industry Scheme returns to help contractors keep their CIS reporting accurate and up to date.

Monthly CIS Submissions
Do you offer financial advice and planning?

We provide practical financial guidance and planning support to help clients understand their position, prepare for the future and make informed financial decisions.

Financial Advice & Planning
Still Have a Question?

Speak to MB Accounts LTD

If you are not sure which service you need, or you would like to discuss your circumstances before getting started, book a consultation and tell us how we can help.

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Discuss what you need help with
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Understand the next steps
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Find the right accountancy support
Get Started

Book a Consultation

Tell us a little about what you need and we can discuss the best way forward.

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Clear, straightforward and professional support.