STARTUPS

We offer free advice and assistance to those considering self employment highlighting the advantages and disadvantages.

We also offer free assistance and advise to who wish to commence setting up a business ranging from legal and statutory requirements to positioning the Business in the best position regarding tax savings (see tax planning).
 
TAX PLANNING

In addition to preparing Accounts we offer a free consultancy service which assess the profits and performance of any business and identifies the most tax efficient status, whether it be as a Limited Company, Partnership or Sole Trader.We keep our clients up to date with current taxation framework and the implications of changes to taxation and legislation. We offer a management Accounts service advising client’s periodically of current and projected profits and the related tax implications.

We also offer tax planning services for those who only submit a Self Assessment tax return.
ACCOUNTS
Soletraders and Partnerships

If you are trading as a sole trader or a partnership, we can assist you with

  • Preparation of annual accounts
  • Preparation and submission of Self-Assessment Tax return
  • Operating a PAYE and CIS scheme
  • Preparation and submission of VAT return
  • Bookkeeping
  • Preparation of management accounts

You may also need the annual accounts as a basis for a loan application, for leasing a vehicle, obtaining hire purchase or to sell the business.
We aim to provide pro-active advice and can assist with your bookkeeping which forms the basis of your annual accounts.
 
Limited Companies

If you trade via a limited company, we offer the following related services

Preparation of Statutory Financial Statements
Preparation and submission of Corporation Tax return
Operating a PAYE scheme
Preparation and submission of VAT return
Assistance with Company Secretarial duties

We assist these companies with the preparation of the statutory accounts to ensure they are in the correct format, comply with the Companies Act and are filed on time at Companies House.
CIS REFUNDS

We prepare Accounts for those who have tax deducted under the CIS scheme ensuring CIS refunds are correctly calculated and received in a timely manner.
VAT & BOOKKEEPING

We have vast experience of preparing Vat returns for a variety of business, assessing and advising of the most suitable Vat scheme to suit each individual business, taking Vat liabilities and cash flow into account.

We also offer a Book keeping services both manual and on Computerised software, which provides a cost effective basis for preparation of Management and Statutory Accounts.

Many businesses use computerised accounting packages for their bookkeeping needs. We are experienced in the use of various accounting packages such as SAGE and QuickBooks. We can also advise on an online accounting solution, which enables you to access your accounts from anywhere with an internet connection.

We aim to assist you to get started when you first set up your business and to improve your knowledge further down the line. We will give you guidance on how to utilize bookkeeping systems and to improve the quality of your management reporting. This enables you to have more accurate figures and be able to see your financial position at any time during the year.

We will be on hand to deal with questions you might have or to give assistance when planning future business developments. We want to help make your business grow to its full potential.

We offer a free no obligation meeting to discuss your requirements.
 
SELF ASSESSMENT

We offer a cost effective tax return completion and filing service (from £125), clients are advised of their Income tax liabilities well in advance of filing deadlines.

Amongst those who have to complete and file a self assessment tax return are:

  • Self employed or a partner in a partnership
  • Company directors
  • Anyone who has large amounts of savings income and is a higher rate tax payer
  • Anyone one who has other untaxed income e.g. you receive rental income