Our Services


We use bespoke online accounting and off the shelf accounting software to meet and exceed client expectations. Services we provide are as follows:

  • Quarterly Management accounts
  • Maintenance of expense claim from directors and employees
  • Maintenance of nominal ledgers to trial balance
  • Maintenance of purchase ledger and sales ledger
  • Maintenance of cash books
  • Maintenance of fixed asset register
  • Drawing cheques on a weekly basis in accordance with normal payment terms, or instructions of the client
  • Monthly aged debtors and creditors report
  • Development of individual bespoke reports using our own on-line reporting system

Financial Statements

Whether you are in business as a sole trader, partnership or company, work from home or an office, maintain manual or computerised accounting records, we are able to prepare your annual accounts from your bank statements and accounting records.

Your accounts preparation can be undertaken at your premises or at our offices as necessary.

Once we have prepared the accounts and agreed them with you, we can calculate your personal or corporate tax liability. We can act as your tax agent, submitting your tax returns and accounts to the Inland Revenue and dealing with any queries on your behalf.

Payroll Services

With the growing complexity of employment legislation and taxation and penalties for non-compliance, running your own payroll can be an administrative burden, diverting resources from running your business.

At Muftals we provide a comprehensive payroll service, including:

  • Processing of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc.
  • Monthly/weekly pay slips
  • Completion of customised pay slips
  • Payroll summary report
  • Analyses and summaries of staff costs and deductions
  • Processing of bonuses, termination payments and ex-gratia payments
  • Advising on and dealing with any benefits in kind
  • Preparation of all statutory forms, including end of year returns to be issued to the Inland Revenue and your employees
  • Filing of monthly Construction Industry Scheme returns (CIS)
  • Monthly/ quarterly emails to clients for advising how much tax they need to pay and to make sure everything is filed and paid on time so there are no penalties or interest to pay to HMRC

Our dedicated payroll services team will ensure your confidence in the payroll administration, allowing you to concentrate on your core activities.


Limited Company

Trading through a Limited Company has become increasingly popular, due to flexibility, security and tax efficiency.

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Sole Traders

If you’re a sole trader, you’re running your own business as an individual. You can keep all your business’

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In a business partnership, you and your business partner (or partners) personally share responsibility for your business.

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Reason to join

A personalized service - fully supported by phone and email.


Tried, tested and trusted by Contractors.


We are fully compliant with current legislation – IR35  advice and contract reviews.


Expert financial advice and planning – maximise take home pay and tax efficiency.


Muftal Blog

The biggest change to income tax and National Insurance Contributions since PAYE was introduced in 1944.


Tax avoidance – How worried should you be?


Public sector contacting and IR35 


RTI Penalties – With hard-pressed employers coming to terms with Real Time Information (RTI) filing, the pain is not all over.