OUR DEDICATION
Intouch Business Finances
Intouch Professional Monthly Bookkeeping
Intouch Professional Monthly Bookkeeping - We offer you peace of mind in business and stress free finances.
Accuracy
Ensures that all financial records are precise and up to date.
Compliance
Helps maintain compliance with tax laws and financial regulations.
Efficiency
Frees up time for business owners to focus on core operations.
Insight
Provides valuable insights into the financial performance of the business, aiding in strategic planning and decision-making. Monthly bookkeeping provides you with essential data that will assist you in making better business decisions and avoids large VAT and TAX surprises.
Bookkeeping
Bookkeeping is the backbone of a company’s financial health, ensuring that every financial detail is recorded and managed properly
Intouch Payroll - Seamless Payroll, Stress Free Compliance
Accuracy
Reduces the risk of errors in pay calculations and tax withholdings.
Compliance
Ensures that payroll practices meet all legal and regulatory requirements.
Time Savings
Frees up time for business owners and HR departments to focus on other tasks.
Employee Satisfaction
Ensures timely and accurate payments, which helps maintain employee trust and morale.
Scalability
Can easily accommodate changes as your business grows, including adding new employees or handling complex pay structures.
In essence, Intouch payroll services are crucial for managing one of the most important aspects of your business—compensating your employees. Proper payroll management ensures legal compliance, accuracy in payments, and overall employee satisfaction.
Our Goal...
Our goal is to handle the tasks that you don’t have time for,
so you can focus on what you do best – Running your business
Save up to 120 hours per year
Small business owners spend an average of 5-10 hours per week on bookkeeping tasks. Outsourcing to a professional service can save up to 120 hours per year, freeing up time to focus on core business activities
40% of small business owners say bookkeeping and taxes are the worst part of owning a business. Professional bookkeeping services can reduce financial errors by 50% or more, ensuring accurate records and compliance with tax regulations.
60% of small businesses face penalties due to incorrect filings or missed deadlines. Businesses that use professional bookkeeping services can avoid these penalties, saving an average of £1,200 per year in fines and interest
Businesses that outsource their bookkeeping see a 25-30% increase in productivity, as they can allocate resources and focus on growth rather than administrative tasks.
82% of businesses fail due to poor cash flow management. Professional bookkeeping services provide timely and accurate financial reports, which can improve cash flow management and reduce the risk of business failure.
InTouch Bookkeeping - Simplifying Your Business
Monthly Bookkeeping:
We manage your business’s financial transactions. The goal is to ensure accurate and up-to-date financial records, which are essential for making informed business decisions, preparing tax returns, and ensuring compliance with financial regulations. Providing the most up to date software that suits your business needs
Transaction Recording:
Every financial transaction—sales, purchases, payments, and receipts—is meticulously recorded in the company’s financial records.
Bank Reconciliation:
We compare the company’s financial records monthly with bank statements to ensure accuracy and identify any discrepancies.
Accounts Payable and Receivable:
Managing the money the business owes to suppliers (accounts payable) and the money owed to the business by customers (accounts receivable).
Financial Reporting:
Generating monthly financial reports, such as balance sheets, income statements, and cash flow statements, to provide a clear picture of the business’s financial health.
Intouch Payroll - Reliable Payroll, Happy Employees, Compliant Business.
At Intouch we ensure that employees are paid accurately and on time while complying with all relevant labor laws and tax regulations.
HRMC Reporting:
We submit essential documents, including pensions, FPS, EPS, P11, P11D, P32, and P60s, directly to HMRC. Plus, run payroll reports any time for a quick submission of your National Insurance data and PAYE.
Pension Contributions:
We calculate pension contributions for you includes NI rebates
Holiday Calculations & Management:
We calculate holiday pay and your employees can manage their holiday through a self-service portal
Time & Attendance:
Access comprehensive attendance reports to resolve any uncertainties about shifts worked – benefit from real-time employee location tracking and alerts for missed shifts. Our employee self-service portal submits timesheets when employees clock out, simplifying the review process for managers.
Rota & Shift Management:
Allocate shifts based on skills, encourage staff shift swapping, and automate timesheets with logged work times. Use data-driven insights to schedule the right number of staff during busy periods and easily create schedules with ready-made templates.
CIS:
Full CIS monthly submission and contractor statements.
