Our Services
Accountancy
Our Services include the following:-
- Limited Company Statutory Accounts
- Partnership Accounts
- Sole Trader Accounts
- Construction Industry Scheme for Sub Contractors
- Bookkeeping Services
- Payroll Services
- V.A.T. Services
- Taxation Services
Maintaining accurate reliable records is essential if you wish to effectively manage your business. If you want quality up-to-date information you can rely upon, you require a monthly bookkeeping service. Please remember it is law and a director’s or proprietor’s responsible to keep accurate books of account. It can also make things much easier and cheaper should there be an enquiry by H M Revenue and Customs.
- Books prepared quarterly
- All balanced and reconciled
- Quarterly management accounts
Payroll
Administering your payroll can be time consuming and burdensome. The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.
We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including:
- Customised payslips
- Administration of P.A.Y.E., national insurance, statutory sick pay,
- statutory maternity pay, statutory paternity pay etc.
- Completion of statutory forms, including year end returns, to issue to
- your employees and submit to the Inland Revenue
- Even if you have only a few employees, you will make savings by engaging us to administer your payroll.
V.A.T.
Value added tax is one of the most complex and onerous tax regimes imposed on business – so complex that many business inadvertently overpay or underpay VAT.
- We provide an efficient VAT service, which includes:
- Assistance with VAT registration
- Advice on VAT planning and administration
- Use of the most appropriate scheme
- Help with completing VAT returns
- Planning to minimise future problems with Customs and Excise
- VAT Audits pre control visits
Personal Taxation
With the tax regime becoming more complex and more emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advise and support if they are to optimise their tax position and ensure they meet all the compliance requirements.
We can provide you with year round tax advice on:
- Income tax
- Capital Gains tax
- Non-domiciliary tax issues
Business Taxation
- Business Start up – Preparing a business planegistering your business
- Finance assistance
- Limited Companies – Company formations
- Statutory compliance work
- I R 35 - Tax compliance for Personal Service Businesses
Financial Planning/Retirement
Exit strategies
If you are in business, you need to consider your exit strategy. Will you withdraw from the business, leaving it for the next generation, or will you hope to sell the business? If you intend to hand the business over, do you have a workable succession plan? If you intend to sell, how will you value the business, find a suitable buyer, etc.? Are you aware of all the tax implications of the timing of disposals?
Pension provision
Have you made adequate pension provision, and do you have the right type of pension? Are you aware of all the pension possibilities open to business owners and directors?
Savings and investments
Do you have the right balance between savings and investments, and between high and low risk exposures?