Overview
By getting to know you and your business we aim to become a valuable member of your team.
Our aim is to provide a professional, personal, effective solution to all of your day-to-day accounting, auditing and taxation needs.
We use our expertise to complete this work quickly and accurately, and our experience to explore opportunities and identify potential problems before they arise.
BUSINESS START-UP
Just bring us your business ideas and we will help you to make them a reality! Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. We will help you to:
decide on the most suitable structure for your business – sole trader, partnership, limited liability partnership or limited company
prepare a business plan, cash flow projections, budgets, and trading forecasts
assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
establish a good working relationship with your bank
complete any registration procedures with Companies House and HMRC
deal with company secretarial issues
set up a recording system for your internal use and for complying with statutory requirements
decide on what computer hardware to buy and help with the installation of accountancy software
keep on top of bookkeeping, VAT, payroll and other accounting requirements
help with all aspects of business compliance and administration
COMPLIANCE SERVICES
We can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared.
Our experienced team will relieve you of the regulatory burden and leave you more time to concentrate on your core business activities. In short, we will make sure everything is in the right format, in the right place and at the right time.
Our range of services includes:
Statutory Audits
Annual Accounts
Specialist/niche audit and accounts
Company secretarial services
Payroll procedures including Real Time Information
Pensions Auto Enrolment compliance
Tax Returns
Grant Claims
CONSULTANCY AND SYSTEMS ADVICE
Your professional and personal goals are central to our consulting services; we take the time to get to know you better so we can offer the best advice.
Management consultancy
Our management consultancy service can review your credit control, stock control, budgeting and financial reporting systems and allow you to take full control of these key areas of your business. We can also help you address specific problem areas in your business such as gross profit, cost control and stock valuation.
Effective management information will allow you to seize opportunities when they arise or identify problems quickly so you can take effective corrective action.
Information technology
Information technology (IT) is one of the key resources available to every business to achieve its short and long-term objectives.
Using the knowledge gained from our own systems and those designed for other clients, our in-house IT team are able to advise on IT related matters with first-hand experience. We can install software, provide training and help you to obtain the best from your chosen system.
Our expertise enables a complete range of services to be offered, including:
Software Selection
Hardware Selection
Installation and Training
Management Reporting Solutions and Payroll Systems
If you are spending too much time writing up books, typing invoices and chasing debts we help to take control by computerising your accounts system. We can help you to make the best use of IT resource to produce financial information that is accurate and appropriate for running your business effectively. With the correct accounting software you will save hours of hard work leaving you more time to deal with the more important areas of the business.
In short, whether you are investing in new technology, reviewing existing systems or have simply outgrown your current resource, we can help.
Support services
The combination of your business knowledge and our support services will help your business to grow and increase profitability.
CLOUD ACCOUNTING
As technology advances and regulations change, more of our clients are switching to Cloud accounting software. This gives you and your business a number of benefits, particularly if you outsource your financial functions. The benefits include:
remote access to your accounts 24/7 from anywhere with an internet browser
accurate, on-time, comprehensive and detailed management accounts
efficiency gains and improved accuracy of data input
a fully managed service to free your team for other activities
automatic updates mean you can spend more time doing what you love, knowing your software is up to date
The beauty of Cloud accounting is the flexibility it gives you to run your business from work, home, or on the go. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are – or who is involved in supporting your business. It is clear that online accounting will continue to grow, and we are prepared to support our clients at various stages of business cycle. We regularly work with packages such as Xero, Sage, free agent and QuickBooks. Our experienced accountants can advise on the best solution for you. To find out more about Cloud accounting, or to speak about the options available when upgrading your software, contact one of our team today.
TAXATION
As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law. We will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.
Corporation tax services
Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments due.
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line. Personal tax services (including sole-traders and partnerships). We are specialists in income tax and capital gains tax.
Self-Assessment
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self-Assessment. We can provide you with practical advice on personal tax and the planning opportunities available to you. Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Personal tax planning
Everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. Our specialist tax team can provide you with year-round advice on all aspects of personal taxation.
VAT
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
- Assistance with VAT registration
- Advice on VAT planning and administration
- Use of the most appropriate scheme
- VAT control and reconciliation
- Help with completing VAT returns
- Planning to minimise future problems with HMRC
- Negotiating with HMRC in disputes
HMRC Investigations and Enquiries
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance. If you are the subject of an investigation, we can provide expert help and support.
HMRC Investigations and Enquiries
Being the subject of a tax investigation or enquiry by HMRC can be a stressful and worrying experience. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return, more detailed enquiries into a company’s affairs or employer-related investigations into PAYE and P11d compliance. If you are the subject of an investigation, we can provide expert help and support.
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