MATTER	WHEN
Setup Accounting Records	INTIALLY
Maintain Accounting Records	MONTHLY/QUARTERLY
Prepare Initial VAT Return and Submit	AFTER 3 MONTHS
Prepare Subsequent VAT Return and Submit	QUARTERLY
Present Records for H M Customs & Excise Inspection	AD HOC
Maintain Payroll	MONTHLY
Pay Salary	MONTHLY
Pay PAYE	MONTHLY OR QUARTERLY*
Payments to Account of Dividend	QUARTERLY
Reimburse Expenses	MONTHLY
Complete Employers Annual Declaration P35 & Submit	ANNUALLY
Complete Contractor’s Personal Income Tax Return	ANNUALLY
Prepare Management Accounts for calculation of final dividend & consideration of adequate tax planning	AD HOC
Prepare Annual Report & Accounts for submission to Shareholders & Registrar	ANNUALLY
Pay Mainstream Corporation Tax	ANNUALLY
Complete Company’s Corporation Tax Return	ANNUALLY
Maintain Statutory Books & Records	AD HOC

All the above responsibilities are placed upon the officers of the company (ie. The contractor). However, depending upon the level of services provided by the financial adviser, all of these duties can be dealt with on your behalf. In many cases all that is required is your approval and signature.