BUSINESS SERVICES

Bookkeeping

The systematic recording and organising of financial transactions. Bookkeeping is an integral part of the accounting process and we can assist you in tidying up this process and helping you stay compliant.

Company Accounts

All businesses are required to submit a final set of accounts for each year that they trade. We will work with you in order to understand your business and tailor our approach to meet your requirements and ensure all of your obligations are met. We also prepare accounts for sole traders and partnerships.

Corporation Tax

All limited companies must file an annual corporation tax return. We will consider how best to minimise the tax payable by the business by claiming all allowable reliefs and allowances and look at the best strategies for tax mitigation when preparing your accounts.

Tax Planning

We pride ourselves on our knowledge of various areas of tax and can advise you on a wide range of tax planning opportunities such as maximising tax reliefs and allowances, claiming relief on losses, inheritance tax, capital gains tax and many more.

Tax Investigations and Appeals

HMRC can investigate your tax affairs check that you are paying the right amount of tax. We can deal with HMRC directly on your behalf as your Agent to ensure any enquiry is dealt with efficiently and effectively and risks are minimised and any additional liabilities are mitigated.

Payroll

The growing complexity of taxation and employment legislation has made administrating payroll time consuming, costly and burdensome. By outsourcing your payroll to us, our experienced team will handle all of your payroll needs and ensure all statutory requirements are met.

VAT

Generally, VAT registration is required when business turnover reaches the £85,000 threshold in any 12-month period. However, businesses can elect to register for VAT before the threshold is met and we can assist with advising you on the pros and cons of this approach. Our specialist team can assist you with VAT registration, planning and completion of the quarterly VAT returns.

CIS

The Construction Industry Scheme sets out the special tax rules for subcontractors who ply their trade in the construction industry. CIS is a tax deduction scheme which involves tax being deducted at source from payments which relate to construction work. We can assist with your registration as a contractor, ensure your subcontractors are paid correctly within the scheme and assist you with collating your records and supplying HMRC with monthly returns.

 

Management Accounting

Periodic management accounts can provide valuable financial information when assessing the performance of your business. Our team can assist you in interpreting these accounts, looking at budgeting and also strategic plans to help the business succeed.

Accounting Software Consultancy

As partners of many different software, we offer training and advice on the use of Sage, TaxCalc, Moneysoft, Britepay, FreeAgent and many others.

Business Advisory

With the current state of the economy and post pandemic regulations being implemented with more on the horizon, business planning is essential to dealing with the current challenges being faced and those ahead. We can provide you with advice on many aspects of your business such as cash flow management, budgeting, financial performance and mitigating the risks of business failure.

Subcontracting Services

We provide expert subcontractors ranging from bookkeepers, accounts assistants to administrators to ease your technical and administrative burden whilst not leaving a hole in your pockets.

Company Formation and Secretarial

We can assist you with registering your company in the UK and also provide you with a registered office address in order to remain compliant whilst protecting your identity. We can also aid you in keeping the information for your business up to date when it comes to directors, shareholders, PSCs and other business activities.