Accounting Services

Where do I get started?

Most of the times, small and medium sized business rarely have the luxury of employing full time accountants and advisors. Having to keep up with the accounting function, IT infrastructure required and all the administrative burden that comes with it distracts directors and managers from their objectives which should be focused on company growth and improvement.

At Borg Galea, we have a specialised division which deals purely with the requirements of small and medium sized companies. As such, we are in a position to offer a range of services tailored to a company's specific requirements. Borg Galea's Accounting Division provides the support, objectivity and the expertise buinesses need to succeed in an ever changing business environment.

Our broad specturm of accounting services include and are not limited to bookkeeping, payroll, taxation and VAT return preperation. All of these services are individually tailored to meet our clients' needs!

VAT Returns

Many business owners are surprised by the amount of VAT they need to pay every quarter or so and are frustrated on how to classify the expenses and in which VAT return box to report them. We help you plan ahead. With our accounting system, we can continously advise you on your VAT liability to help you plan ahead of the VAT payment.

Beyond the numbers - Bookkeeping

Bookkeeping is the very foundation to any accounting reporting. Poor accounting standards not only put the company in jeopardy but would limit the many benefits that an up to date accounting records can provide.

Our approach is designed around continous communication with our clients to ensure that the reporting is always accurate and in line with International Financial Reporting Standards (IFRSs) or and other framework adopted by the firm. We have invested significantly in different cutting edge accounting softwares which enable our clients to access their date in a secure and remote manner.

In addition to bookkeeping, we also provide our clients with management accounts to point out the different strenghts and weaknesses, helping clients in turning around their weaknesses into strenghts.

Payroll Services

Payroll requirements change frequently and is not always feasible for employers to keep up to date with the changes. Nevertheless, employees still need to get paid on time.

Our experts can provide you with payslips and the required amounts of tax to be paid on a monthly basis on behalf of your employees. We can also help you register employees, discuss with your employees on the most beneficial taxation charge out rates and assist in obtaining work permits for your employees.