Accounting and taxation
Expert accounting and tax solutions for individuals and businesses. From bookkeeping to tax planning, we ensure compliance, accuracy, and financial clarity tailored to your needs.
Explore our wide range of services
Bookkeeping
With Maddock Hawkins, we will ensure all your income and expenditure is accurately recorded and in line with the required accounting standards.
Tax returns
Whatever your tax return requirements are, we have you covered. From personal and corporate self assessments to VAT returns, with our tax compliance service we will ensure all of your tax affairs are kept up to date.
Accounts preparation
At Maddock Hawkins, we prepare and file year end financial statements for your limited company. We can also produce monthly management accounts so you can keep a track of your businesses’ performance.
Tax planning
We offer a wide variety of tax planning services. Whether that’s personal tax planning for inheritance tax or capital gains tax, or tax planning for your business. We are here to help with all of your tax planning needs.
Audit and accounting support
We at Maddock Hawkins have over a decade of experience supporting businesses through audits and aiding through the preparation of supporting technical accounting papers.
Payroll
At Maddock Hawkins, we take the pain away from processing payroll and ensure you stay up to date and fully compliant with your exmployee and employers tax obligations.
A little bit about us
Maddock Hawkins are your local accountants, here to help you ensure compliance with your reporting and tax requirments, whilst giving you the personalised service to suit your needs.
We have a collective 25 years of experience working with a variety of clients from individuals through to multi-nationals. No job is too small, we just want to help you achieve your goals and give you back time and energy to run your business the right way.
We are located across Nottingham and the East Midlands, with bases in West Bridgford and Melton Mowbray. Contact us for a free meeting to discuss how we can help you.
Frequently Asked Questions
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Do I need to do a self-assessment tax return...
You will need to submit a self assessment tax return if any of the following criteria apply:
- You are either self-employed or a sole-trader and have earned more than £1,000 in the current tax year
- You are a partner in a business partnership
- You are the Director of a company
- You received income from letting out property of more than £1,000 in the year – this includes letting out space in your own home
- Your taxable income is more than £150,000 in the year
- You receive Child Benefit and either you or your partner earned more than £50,000 in the year
- You have sold an asset for more than you acquired it for and need to pay Capital Gains Tax
The above are the most common reasons, but if you are unsure, please reach out to us.
What date do I need to file my self-assessment...
The Self Assessment tax return deadline is on 31 January each year. This means that the deadline for filing your 2023-24 taxes is by midnight on 31 January 2025. This is also the deadline for paying any tax owed for the previous tax year (and your first instalment of payment on account).
What are the key filing dates for my company...
A corporation tax return can only be for a maximum of 12 months. For any period longer, you would file two tax returns for the same accounting period.
The key milestones are:
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Accounts submitted to Companies House, nine months after end of the accounting period.
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Corporation tax payment due, nine months + one day after end of the accounting period.
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Corporation tax return due, 12 months after a company’s accounting period
- A confirmation statement is required to be sent to Companies House 14 days after your Review Period (generally your accounting period) ends
You need to pay the corporate tax before the return is due – but you should prepare the return, so you know how much is owing.
Limited companies are required to file their accounts with Companies House nine months after the end of the accounting period. In the first year, the due dates for filing are different and you will receive notification from Companies House and HMRC.
How much do you cost...
Our fees depend on your requirements and as such are bespoke to the service you require.
For our basic offering, consisting of bookkeeping for less than ten transactions a month, year end financial statements and corporation tax submissions, this would cost £70 per month. If you would require additional or fewer services, the price would alter accordingly.
Do I need an accountant...
If you are unsure, please feel free to contact us using either WhatsApp, email or by simply giving us a call and we will give you honest and impartial advice on what we believe you require.
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