Let us took after the financial aspects of your business and remove the hassle and stress of preparing your accounts. We work for:
- Personal Taxpayers
- Sole Traders
- Limited Companies
- Business Start-up
- Audit Clients
With our friendly and efficient service, we can provide you with the following
From your books and records we will prepare your annual accounts that form the basis for your tax return. The annual accounts will also be invaluable for providing information about your business to banks and mortgage companies.
Are you paying too much tax? The tax legislation contains many reliefs and allowances to minimise your tax liabilities. It does not matter how the tax arises on profits, gains or earnings.
With our professional advice, we can help you to minimise the amount of tax you pay to the Inland Revenue.
We can offer you professional advice on completing your self-assessment return or we complete it on your behalf. We have wide ranging experience in this area.
We will give you guidance on areas in which we consider you can legally save tax and guarantee to keep you informed of your tax payable, if any, in advance of the deadline. We will liaise with the Inland Revenue on your behalf and ensure you are left to run your business with the minimum of compliance hassle.
Pay As You Earn (PAYE) has an impact for both employers and employees. We are trained to advise our clients regarding ail aspects of payroll preparation and compliance. In fact we can offer a complete payroll service if you would like to outsource this time consuming process.
We can provide an accurate and comprehensive service tailored to suit your business, or advise you on the methods best suited to you.
Value Added Tax (VAT)
Should you be registered? We will tell you immediately. Most registered traders simply add VAT, where appropriate, to their sales and pay this over to HM Revenue and Customs (HMRC), less any VAT input tax paid to suppliers, on a quarterly basis.
This can cause cash flow problems, as you may have to pay over VAT that has not been paid by your customers. To help with this cash flow problem HMRC have created a number of "Special Schemes". If you are at all unsure how to proceed please get in touch and we will give you the answers.
Cash flow & Business Planning
We can provide assistance to individuals and businesses on preparing cash flow, budgets and business projections, as and when required.
Cash flow projections and budgets assist in the successful running of your business and with financial planning and decision making. These projections are typically needed by loan providers if you are intending to borrow money.
Capital Gains Tax
if you are a business owner or individual considering selling an asset or business, we can advise on any reliefs that may be available and of the possible capital gains tax charges that may arise.
Corporation tax is payable on limited company profits and gains. We can assist you with corporation tax calculations, and corporation tax returns.
Limited companies will provide access to a number of tax planning strategies, and limited liability status. Although there is perceived prestige in operating as a limited company, you will lose some of your privacy - directors' and shareholders' personal details and accounts have to be filed, and are open to public scrutiny. We will help with incorporation, registered office and company secretarial services.
We are registered auditors and offer a full audit service for limited companies of all sizes.
We act for charities generally, and can undertake the appropriate reporting requirements ie audits or independent examiners' reports.
Our fees are based on the number of hours it will take to complete the work for you. We like to meet with each client in order to assess what work needs to be carried out, where we believe tax savings can be made and answer any questions.
Call us now and find out how we can help you