Financial Accounting and Auditing
We prepare Accounts for a large range of clients including partnerships and limited companies. For larger company clients we also carry out a Statutory Audit.
We will ensure that your Accounts comply with Statutory requirements and at the same time look at your business as a whole, suggesting ways of improving the profitability and efficiency of your business bearing in mind your short-term and long term objectives.
Taxation (Personal and Corporate)
By providing you with pro-active ideas on tax saving, we can help you to minimise your tax liabilities and maximise your personal wealth and business profits.
We provide advice on :
- Income Tax and HMRC self-assessment
- Corporation Tax
- Capital Gains Tax
- Inheritance Tax
- Value Added Tax
- PAYE and NI Contributions
Bookkeeping
We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.
We work very closely with our clients to gain a full understanding of your business and how you run it. We have the capacity and flexibility to then tailor our approach to your needs to deliver the most appropriate service we can for you.
One of the most important aspects of this service is the preparation of management accounts. We see these as vital and integral to the continuity and success of your business. Again, we discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.
Business Start Up
The essentials of starting a new business are always based on a realistic business plan and adequate finance.
Most new business owners when starting-up will no doubt start with a foundation of a solid business proposition and plenty of entrepreneurial spirit. We help look after the legal and financial aspects of running a business or company formations.
With our combined years of experience, we can provide extensive direction and advice on starting up a business to ensure that the process runs as smoothly as possible and hassle free for you.
Whatever the size of business you are considering starting up we can provide vital advice on:
- The form the business should take, sole trader, partnership, LLP, limited company, PLC.
- Company formation procedures.
- Preparation of projections, cash flow and business plan.
- Arranging finance.
- Bookkeeping tuition and implementing management procedures and systems.
- Tax planning.
We advise that you do not risk getting caught out by any unexpected problems and come and see us from the start. Coming to see us to present your business proposals means we can evaluate them in a constructive and realistic manner.
VAT
Value added tax is not an easy subject to talk about. Our aim is to make as simple as possible for you to handle and understand. It is seen as one of the most complex tax areas to be imposed on businesses. The VAT “goalposts” are constantly being moved as well as the ever changing stream of regulatory details. HMRC is constantly demanding more and more from businesses which adds more stress on top of what you already have to manage. It is our expertise and expertly trained eyes that help you make sure you do not miss anything and do not fall foul of the regulations. We make sure you do not pay the chancellor any more than you need to.
Our efficient and cost-effective VAT service includes:
- Assistance with VAT registration
- Advice on VAT planning and administration
- VAT control and reconciliation
- Help with completing VAT returns
- Processes put in place to avoid future issues with HMRC
- Representing you at VAT tribunals.
We provide a regular, accurate and timely accounting service including the preparation of VAT returns.
Our expertise in VAT related matters will ensure that your VAT returns are dealt with in an accurate and efficient manner. For those clients for whom we keep the books, the cost of the management and yearly financial accounts can be reduced substantially.
Payroll
Our payroll services are thorough and, of course, compliant with HM Revenue & Customs statutory requirements. We can deal with every aspect of UK wages and salary requirements including:
- Setting up a new payroll system
- Day to day payroll processing
- Dealing with PAYE and National Insurance deductions
- Completing your end of year returns
- Holiday pay
- Statutory pay