Services

The statutory and regulatory framework can appear very daunting. Our professional advice and support will lift this burden, giving you the time and freedom to focus on what you do best.

ACCOUNTANCY

We understand that having accurate, timely year end accounts is important to your business, whether as a sole trader, partnership, LLP or small or medium sized company. We will prepare your year end accounts and review them with you, analysing the current position and trends, which in turn can help your business achieve its future goals.

TAXATION

As tax advisors, we understand that having the correct tax advice can prove invaluable. We will work closely with you so that you understand the tax implications of your activities, enabling us to minimise your tax liability.

We can deal with all aspects of the administration of complying with tax legislation, including the preparation and electronic submission of self assessment tax returns, partnership tax returns and corporation tax returns in a timely manner. We will advise you of any tax liability, due date of payment and the exact amount to pay.

PAYROLL

Payroll is a complex area of taxation legislation with penalties for non-compliance. Our comprehensive and confidential payroll service removes this burden.

Our payroll services include:

  • Preparing your weekly or monthly payroll for your approval
  • Administration of PAYE, NI, SSP, SMP etc.
  • Completion and filing of Real Time Information (RTI) returns during the year and at the end of the tax year with HM Revenue and Customs
  • Completion and filing of forms P11D and P11D(b)
  • Administration of Construction Industry Schemes (CIS)

VAT

VAT accounting can be a confusing aspect for any business, with numerous pitfalls. We can guide you through complexities such as:

  • VAT registration
  • Deciding which VAT accounting scheme is right for your business
  • The VAT rate applicable to your business transactions

We can advise you on any queries you may have on VAT accounting, and if required, prepare your VAT returns for your review and file the returns online.

MANAGEMENT ACCOUNTS

Keeping a track of your business’s financial position is crucial for control and planning. We can prepare monthly or quarterly management accounts so that you can review performance, analyse trends, maximise opportunities and be warned of any potential problems in advance.

We can also prepare budgets and cash flow forecasts, as well as providing you, if required, with reports to enable you to compare actual results against expected performance.

BUSINESS START-UPS AND COMPANY FORMATIONS

Many people starting up in business have a bright idea, but are daunted by the regulatory and financial aspects of running a business. Fortunately that is our expertise, and we are here to advise you every step of the way. We will help you to:

  • Decide on the best structure for your business – sole trader, partnership, limited liability partnership or limited company
  • Prepare business plans, cash flows and budget forecasts
  • Assess financial requirements, advise on sources of finance and assist with the preparation of any required documentation
  • Complete all the applicable registrations with HM Revenue and Customs
  • Register the company at Companies House (if applicable)
  • Set up a system for your record keeping requirements, including advising on accounting software

BOOKKEEPING

If you require help or support keeping on top of your day to day bookkeeping, we offer a range of services specifically tailored to your business’s needs. Please call us for a free discussion.

BUSINESS ADVICE

Whether your business is established or you are looking at starting one, with our experience and expertise we are here to help you make the right decisions.