HBS are specialists in assisting sole traders & Ltd company contractors operating in Ireland. We understand the needs of the freelancer / small business operator and understand that time is tight. We also understand that more often than not, you have no desire to spend your evenings pouring over financial details after a hard days work.
We have come up with a simple solution. Let us do it all for you! For a small monthly fee, simply send us all of the necessary paperwork to include such things as invoices, receipts, bank statements, etc and we will do all of the hard work so that you don’t have to. We will keep you upto date with what you need to send off to Revenue throughout the year, and even do your year end accounts for you.
When you sign up with us, we will complete ALL of the following (where necesary) inclusive of your fixed montly fee. This represents fantastic value for money when compared with equivalent services, plus it saves you an amazing amount of time, which could be better spent working on your business.
We realise that bookkeeping is a tedious task that is all too easy to put off until another day. Traditionally, this often leads to problems and unnecessary stress as the year-end deadline nears. Your fixed fee will include all bookkeeping, therefore this will no longer be a worry to a HBS client. All you do is simply send us all paperwork generated during that month & we will enter everything onto our system for you. By doing this work for you, we are able to keep costs lower due to reductions in errors & omissions, which means that savings are passed onto you.
We will prepare a set of year end accounts based on the entries compiled from completed bookkeeping. Once happy, we will file these electronically with the relevant authorities. You will also find that these will be important if you are looking to obtain a mortgage, as they will show any prospective borrower how your business has been performing.
We will complete all corporation tax & self assessment tax return as necessary.
If your business trades over the VAT threshold we will work out your VAT liability & complete your VAT returns as required. We will also advise on the best VAT scheme for you & your business, taking all options into consideration.
We can advise on all aspects of Irish Payroll
We will provide you with a set of management accounts every six month or more if needed which will give you an invaluable snapshot of how your business is performing at that point in time. They will include a profit / loss account, balance sheet & will include a ledger of spend during that period. This is especially useful when planning how much money you can take out of the business, and how much you need to set aside for the any revenue liabilites throughout the year, rather than receiving a nasty shock come year end when you get your final accounts.
Invoicing software