H Downey and Company

H Downey and Company is an accountancy practice in Lisburn with an offering that includes bookkeeping, corporation tax, accounts preparation. Its work brings together several distinct areas of financial administration rather than relying on a single accounting task.

Bookkeeping is part of the listed service range. It deals with the organisation and recording of financial transactions, providing information that may also be needed for accounts, tax reporting and business records. Corporation Tax work is one of the named services. This relates to the tax position of companies and is distinct from Self Assessment work for individuals.

Accounts preparation is among the services identified by the firm. The work brings financial information together for a reporting period, rather than simply recording each individual transaction as it occurs. The practice specifically offers Self Assessment tax returns. This addresses the preparation or filing of relevant personal tax information and differs from company accounts or payroll administration. VAT returns are named among its services. VAT reporting concerns taxable sales, purchases and the information required for a return, a task separate from preparing annual accounts or producing payroll figures. The distinction between these services is relevant because recording transactions, preparing accounts and dealing with tax are not interchangeable tasks. H Downey and Company provides the listed services in Lisburn.