Tag: Ballymena tax help

Accountants Ballymena: Reliable Financial Support for Local Businesses

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If you’re looking for dependable Ballymena Accountants that understand the local business landscape, you’ve come to the right place. LC Accountancy Services is proud to support SMEs, sole traders, and charities across Ballymena with straightforward, cloud-based financial solutions tailored to your needs.

Based in the heart of County Antrim, Ballymena is a thriving town with deep commercial roots. From local retailers and hospitality venues to construction companies and community organisations, Ballymena Accountants play a crucial role in helping businesses operate efficiently, meet compliance requirements, and plan for sustainable growth.

Why Work With LC Accountancy?

With over 15 years of experience in financial management, LC Accountancy delivers more than just numbers. Our ethos is built around saving you time, reducing stress, and giving you confidence in your finances. Here’s why so many businesses choose us as their trusted Ballymena Accountants:

  • Local Expertise: We know Ballymena. We understand the challenges local businesses face and the opportunities unique to this region.
  • Cloud-Based Systems: We use software like Xero to keep your accounts efficient, accessible, and fully compliant.
  • Tailored Services: Whether you’re a new start-up or an established charity, our flexible services meet your needs and budget.
  • No Jargon, Just Clarity: We explain everything in plain English, keeping you informed every step of the way.
  • Cost-Effective: Transparent pricing with no surprise bills – just value and peace of mind.

You deserve Ballymena Accountants who are as invested in your success as you are. At LC Accountancy, that’s exactly what you’ll get.

What We Offer

Our core services are designed to help you regain control of your finances, free up your time, and build a stronger business foundation.

Bookkeeping Services

Stay organised and up to date with cloud-based bookkeeping. As trusted Ballymena Accountants, we manage your records, expenses, and VAT so you can focus on what matters – running your business.

Tax Returns & Self-Assessment

From self-employed individuals to landlords and partnerships, we handle all aspects of your self-assessment. Let Ballymena Accountants take the stress out of tax season and ensure every return is accurate and on time.

Charity Accounting

Our team is experienced in managing charity and not-for-profit finances. From fund accounting to SORP compliance, our Ballymena Accountants support organisations doing meaningful work across Northern Ireland.

Financial Management & Reporting

Get the insights you need to make confident business decisions. LC Accountancy provides detailed monthly or quarterly reports to help you understand your cash flow, budget performance, and growth opportunities.

Payroll Support

Managing payroll can be time-consuming and complex. Our Ballymena Accountants ensure your staff are paid correctly and on time while keeping you compliant with HMRC.

Who We Work With

LC Accountancy works with a diverse range of clients in Ballymena, including:

  • Sole Traders and Freelancers
  • Limited Companies
  • Retailers and Cafés
  • Construction and Trades
  • Community Organisations and Charities

No matter your industry, we offer practical solutions and real advice – which is why so many choose us as their go-to Ballymena Accountants.

Local Spotlight: Ballymena

Ballymena is a vibrant market town with a strong entrepreneurial spirit. Home to the historic Showgrounds, the scenic People’s Park, and a bustling retail centre, it’s an ideal place to start and grow a business. As local Ballymena Accountants, we take pride in being part of this growing community.

Whether you’re based near Harryville, Broughshane Street, or Galgorm Road, we’re just a phone call away. Want to find us easily? Check out our Google Business profile.

Client Testimonials

“First time having to do taxes as a self employed person, Laureen made it so simple and sorted everything in a way I could understand and made sure that everything was correct and sorted way ahead of time. 100% recommend if anyone needs any help with any Accountancy Services!”

“Harryville Mens Shed has been a client of LC Accountancy Services for a number of years and we have always found Laureen extremely helpful and easy to work with. Communication with staff has been efficient, prompt and friendly, and we have always received responses to our queries that went further than we had expected in helping us. Laureen has been very professional and a pleasure to work with . We would strongly recommend LC Accountancy Services.”

Join our growing list of satisfied clients and make the switch to Ballymena Accountants you can truly rely on.

20 Reasons to Choose LC Accountancy – Your Ballymena Accountants

  1. Ballymena Accountants offering tailored services
  2. Experienced Ballymena Accountants for charities
  3. Trusted Ballymena Accountants for VAT returns
  4. Ballymena Accountants using cloud accounting software
  5. Self-assessment experts – Ballymena Accountants
  6. Ballymena Accountants for freelancers and sole traders
  7. Reliable Ballymena Accountants for payroll
  8. Helpful and responsive Ballymena Accountants
  9. Ballymena Accountants supporting local business growth
  10. Affordable services from trusted Ballymena Accountants
  11. Management reports by expert Ballymena Accountants
  12. Peace of mind from qualified Ballymena Accountants
  13. Ballymena Accountants with a personal approach
  14. Ballymena Accountants who speak your language
  15. Registered, professional Ballymena Accountants
  16. Free consultations with top Ballymena Accountants
  17. Responsive support from your Ballymena Accountants
  18. Flexible services from local Ballymena Accountants
  19. Cloud-based solutions by Ballymena Accountants
  20. Ballymena Accountants focused on saving you time

Ready to Get Started?

Don’t let accounting tasks distract you from growing your business. Let LC Accountancy help you gain clarity and confidence in your finances. Contact your trusted Ballymena Accountants today for a no-obligation chat.

We offer flexible appointments across Ballymena – online, over the phone or in person. Let’s get your finances working for you.

 

What is Self Assessment Tax? A Simple Guide for Northern Ireland Taxpayers

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If you’re self-employed, a landlord, or earn income outside of PAYE, you may have heard the term “Self Assessment Tax” thrown around—but what exactly does it mean?

Understanding Self Assessment is crucial if you want to stay on the right side of HMRC and avoid late filing penalties. Whether you’re based in Northern Ireland or anywhere else in the UK, this guide will explain everything you need to know—and show you how LC Accountancy Services can make the process stress-free.

Let’s dive in.

What is Self Assessment Tax?

Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Most people in regular employment have tax automatically deducted from their wages through PAYE (Pay As You Earn). However, if you earn income in other ways, it’s your responsibility to report it to HMRC and pay the correct amount of tax through a Self Assessment tax return.

According to gov.uk, you must file a return if, during the last tax year (6 April to 5 April), you:

  • Were self-employed as a sole trader and earned more than £1,000
  • Were a partner in a business partnership
  • Received income from renting out property
  • Earned tips and commission not included in PAYE
  • Made a profit from investments or dividends
  • Had foreign income
  • Claimed Child Benefit and your income (or your partner’s) was over £50,000

This isn’t an exhaustive list. If you’re unsure whether you need to file, a trusted accountant like LC Accountancy Services can assess your situation and ensure you’re fully compliant.

When Do I Need to Submit My Tax Return?

If you’re filing your tax return online, the deadline is 31 January following the end of the tax year. For example, for income earned between 6 April 2023 and 5 April 2024, your online Self Assessment deadline is 31 January 2025.

If you choose to submit a paper return, the deadline is 31 October after the end of the tax year. But online filing is faster, more efficient, and allows more time—so it’s the preferred method for most people.

How Do I Register for Self Assessment?

If you’ve never filed a Self Assessment tax return before, you need to register with HMRC first. You can do this through the Self Assessment portal. After registering, you’ll receive a Unique Taxpayer Reference (UTR) and instructions on how to file.

But don’t worry—LC Accountancy can handle all of this for you. From registration to submission, we guide you through the entire process with clarity and peace of mind.

What Happens If I Miss the Deadline?

HMRC takes deadlines seriously. If you miss the filing date or fail to pay your tax bill on time, you could face:

  • A £100 initial penalty for missing the deadline
  • Daily penalties of £10 (up to 90 days) if it’s over three months late
  • Additional fines and interest depending on how late the return and payment are

Avoiding penalties is just one of the many reasons why working with a professional accountant is worth it.

Self Assessment in Northern Ireland: What You Need to Know

While the rules for Self Assessment are the same throughout the UK, having a local accountant who understands the Northern Ireland business landscape makes a difference. At LC Accountancy Services, we’ve helped sole traders, freelancers, landlords, and small business owners across Northern Ireland file accurate tax returns on time—every time.

Based locally, we’re proud to support businesses throughout Northern Ireland with practical, jargon-free advice and expert support.

Who We Help at LC Accountancy

✅ Self-Employed Individuals & Sole Traders

We handle everything from registration and bookkeeping to preparing and submitting your tax return, so you don’t have to stress.

✅ Landlords & Property Investors

Got rental income? We’ll ensure your allowable expenses are claimed and your returns are accurate.

✅ Freelancers, Contractors & Side Hustlers

Even if your income is “on the side,” it still needs to be reported. We’ll help you do it right—and maybe even save money.

✅ Small Business Owners & Partnerships

Operating a limited company or partnership? We can ensure all Self Assessment requirements are fulfilled alongside other statutory obligations.

Why Choose LC Accountancy?

📍 Local and Experienced
We’re based in Ballymena and serve clients across Northern Ireland. We understand the needs of local businesses and individuals alike.

🧾 Tailored Tax Solutions
We don’t believe in one-size-fits-all. Our services are tailored to your income type, business model, and industry.

📊 Year-Round Support
We don’t disappear after tax season. We’re here all year round to answer your questions, assist with HMRC correspondence, and help you plan ahead.

🙌 Peace of Mind
No more guessing games. No more deadline panic. Just a professional service that keeps you tax-ready, always.

Book Your Self Assessment Consultation Today

Tax doesn’t have to be taxing—with the right support. If you’re wondering how to register, what expenses to claim, or when to file—LC Accountancy is here to help.

📅 Book an appointment today and let us take the hassle out of Self Assessment. Whether you’re in Ballymena, Belfast, or anywhere across Northern Ireland, we’re just a call or click away.