Our Services
Financial Accounts
We can prepare your financial or management accounts either from:
- Your books & records or
- Our bookkeeping records if we carry out this service for you
Financial accounts are required for:
- Self-assessment tax returns
- Corporation tax returns
- Financial institutions such as banks & loan/mortgage providers
Draft accounts are discussed with you, explaining the results of your trading year, ensuring you understand all aspects of your accounts
Helps highlight areas of your business which are performing well or may need more direct focus and a plan for the future
The preparation of your accounts is only part of the professional advice & guidance we provide throughout the year. Advice is given at any time for all areas of business & personal finance
Tax
We provide tax planning to a wide range of clients including sole traders & partnerships, employees & directors, people looking to retire, business start-ups and non-UK residents.
Our specialist advice covers many areas of tax including:
- Personal tax (including sole-traders & partnerships)
- Business tax (including corporation tax)
- VAT
- PAYE & NI (including BIK)
- CIS
- Capital Gains Tax
- Inheritance tax
As part of our personal tax service we:
Prepare & submit electronically to HMRC all required tax computations & tax returns – Inform our clients to ensure they pay the correct amount of tax at the correct time – Provide tax planning throughout the year to help minimise your income tax & capital gains tax liabilities – Correspond with HMRC on your behalf
As part of our business tax service we:
Prepare & submit electronically to HMRC all required tax computations & tax returns – Inform our clients to ensure they pay the correct amount of tax at the correct time – Provide corporate tax planning throughout the year to help minimise corporation tax liabilities – Correspond with HMRC on your behalf
As part of our CIS service we:
Prepare & submit CIS monthly returns electronically to HMRC – Verify new subcontractors electronically with HMRC – Prepare CIS vouchers & inform our clients when CIS tax is due to be paid – Assist with all CIS registration requirements – Correspond with HMRC on your behalf
Bookkeeping, VAT & payroll
All the day-to-day functions such as Bookkeeping, Payroll and VAT can be taken care of by us so that you can focus on running your business, ready for Making Tax Digital.
Bookkeeping
We provide bookkeeping services for a number of our clients, both VAT & non-VAT registered using Xero. Bookkeeping is usually prepared on a monthly or quarterly basis (other timescales can be arranged) & is normally prepared at our office, but this can be carried out at your premises using your own software, if required
Payroll
We offer a full payroll bureau service for your business at very competitive rates. We ensure that you are fully compliant with all aspects of payroll, including RTI and Automatic Enrolment
VAT
We will prepare & submit VAT Returns electronically to HMRC & inform our clients when VAT is due to be paid. We can provide help & advice about VAT administration & record keeping & correspond with HMRC on your behalf
Financial Planning & Business Start-ups
If you are looking to set up a business, we can help you right from the start.
Running your own business may seem a huge risk, but you can reap the rewards with hard work & dedication.
We have provided help & support for many clients who came to us with great business ideas, not knowing where to start, who are now very successful.
Business plans
Provide professional advice to help you decide on the most suitable structure for your business – sole trader, partnership, limited company or limited liability partnership. Discuss key areas of your business including funding options, tax scenarios & employer responsibilities
Management accounts
Assistance with all accounting requirements including financial accounts, bookkeeping, tax returns, VAT returns, payroll, CIS monthly returns & tax vouchers, sales & purchase ledgers, company secretarial, grant claims & applications
Budgets and forecasts
Prepare business forecasts & cashflow projections which may be required to raise finances
Xero platform
Xero’s online accountancy tool allows users to easily control & manage their bookkeeping all in one place
Time efficient processing
Time-saving features to boost productivity
Tailored software solutions
We offer various accountancy software solutions tailored to your company through the use of apps