True Numbers Financial

If you're filing for CIT and VAT as a small company, come closer. I'm about to save you half of your accountancy services fees. As you know, when filing for taxes, you need to upload audited financial statements. Standard fees for these start from 70k per year.

However, if your annual sales or turnover is less than 100m, you are allowed, by law, to use Financial Statements prepared by a bookkeeper and stamped by both bookkeeper and company and signed by a director instead.

Why? Government realized accountancy fees discourage small companies from compliance. So they made accommodations.

Many people don't realize that. They go for the audited financial statements and end up overpaying for accountancy services.

It's tax season. WhatsApp me on 2348033661722 and stop overpaying. Signed Financial Statements cost 35k per year under review. Audited Financial Statements cost twice as much. The savings are significant.