Further Services
Accounting
As a team, we provide assistance with the preparation of annual accounts and financial statements for:
Sole Traders
Partnerships
Limited Liability Partnerships
Limited Liability Companies
Individuals with Letting Portfolios
Other accountancy services include:
Management Accounts
(including financial forecasts and financial statements)
Business Plans
Profitability Reviews and Business Appraisals
Forensic Accounting
Advice on Accountancy Software Packages
The preparation of annual accounts is used to assist with tax computations and completion of self-assessment tax returns. It is also a process used to provide valuable information for decision making and the management of client affairs.
In addition to producing and advising on your annual accounts, we can provide advice on tax-efficient remuneration and tax-efficient profit extraction, as well as how to best optimise the tax reliefs available to you both now and in the future.
Tax
We can offer the following support and services:
Tax Planning
Tax Compliance
Self-assessment and Tax Return Services
Tax Enquiry Fee Protection
Specialist Services Including R&D Tax Credits
A major and growing aspect of our work is undertaking tax planning to save clients from avoidable taxation through:
Being fully aware and conversant with the various tax instruments and regimes
Providing innovative tax saving advice
Working with clients on tax planning matters
Keeping clients informed of ideas to help mitigate their tax liability
Self-assessment
Tax Enquiry
Tax Compliance
By using the latest computer technology and well-established systems we are able to provide efficient tax compliance and tax return service. This encompasses:
The preparation of computations and correspondence with HM Revenue and Customs (HMRC)
Ensuring the timely production of tax computations
Ensuring all tax allowances and deductions are claimed
Our specialist tax work covers:
Director’s Loan Accounts
Property matters
Research and development (R&D) tax credits
Staff and director remuneration
Capital gains
Entrepreneurs relief
Capital allowances
Planning for retirement
Inheritance tax
Share incentive schemes
Overseas property
Undeclared income/gains
Business Advisory
We provide business advisory services and are proactive in our approach to clients. We offer more than just financial and tax advice.
Running a business can be challenging at the best of times, whether you are a sole employer or have a senior management team and board. There are times when things are not going to plan, or when you’re looking to do something new or different.
The advice and support received from your accountant is often invaluable in such situations, however, it can also be the case that more specialist or dedicated support is required. In recognition of this, we have an established business advisory team who are all well versed in business transformation, turnaround, profit improvement, financial management, strategies and business acquisition and disposal.
Specific aspects of our advisory work includes:
Corporate finance
Profit improvement
Raising finance
Re-structure and rationalisation
Acquisition and expansion
Benchmarking
Business strategy and planning
Financial forecasting
Financial reporting
Payroll
Whether you employ only a handful of people or a large workforce, dealing with the payroll and ensuring compliance with employment legislation, and avoiding possible fines, can be yet another burden and concern. Not anymore.
By using our payroll service, you will be able to ensure pay is made in accordance with the appropriate legislation, allowing you to focus on running your business or organisation.
In particular, our payroll clients have peace of mind when it comes to dealing with Real-Time Information (RTI) and Auto-enrolment.
Our dedicated payroll team looks after the payroll for all sizes of businesses and organisations dealing with employees and directors.
Auto-enrolment
Those with 50 employees or more in their largest PAYE Scheme will either have instigated their Auto-enrolment scheme or will be working towards it. All those with less than 50 employees in their largest PAYE Scheme during 2015, 2016 and 2017 will need to look at implementing Auto-enrolment within their organisation.
In considering the implementation and management of Auto-enrolment in your organisation you may want to consider how you manage your payroll. If you currently manage it in-house, it may, given the increased compliance and burden of Real Time information (RTI) and Auto-enrolment, be appropriate to look at outsourcing payroll.
In addition to payroll for auto-enrolement support, we offer advice and assistance with setting up Auto-enrolment schemes.
VAT
Whether you’re a business owner, a property developer, or a charity, our aim is always to help you reduce the burden of dealing with VAT. We have helped businesses with registering for VAT, advice on avoiding penalties, mitigation of penalties, and ensuring that VAT reliefs/opportunities are maximised wherever possible. Contact us today and see what you could save!
Advice and support is provided on all aspects of VAT including:
VAT registration
VAT accounting
VAT appeals, enquiries and disputes
VAT planning and consultancy
Partial exemption
Election to Tax