Accounting
Annual accounts preparation
Accounts preparation in accordance with accounting standards, comply with current legislation, and are in a manner acceptable to HM Revenue and Customs.
Management accounts
Obtaining regular reliable management information is vital to the continued success of any business. Let us work closely with you to get to know your business so we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.
Taxation
Personal tax
Your self-assessment tax return will be prepared by experienced staff. We are ready for Making Tax Digital (MTD) for landlords. Additional support and advice can be given regarding capital gain tax and inheritance tax to help minimise your tax liabilities.
Corporation tax
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.
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.
Bookkeeping & VAT
Bookkeeping
Due to the emergence of Cloud Accounting Packages, it now makes more sense than ever to hand it over to us to take care of it and remove the headache! We offer monthly or quarterly bookkeeping. You may require help to write up the books or just make the appropriate adjustments in order to create your own management accounts.
VAT
For the past few years there have been frequent legislation changes and can be difficult to keep with the demands of HMRC. This means that VAT compliance can be often difficult and time-consuming. We can help you ensure that you comply with the legislation and our VAT service includes:
- Assistance with VAT registration
- Choosing an appropriate VAT scheme
- Completing and submitting VAT returns
HMRC Investigations and Enquiries
- Companies
- Sole traders and partnerships
- Individuals
Business Start-Up
- Advice on financing a new business
- Securing start-up funds
- Structuring of business
- Financial planning
- Development of management information systems