Services
WE OFFER THE FOLLOWING SERVICES TO OUR CLIENTS:
Business Start-up
Bookkeeping & Accounting
Company Secretarial
Payroll
Self Assessment
Corporate Tax Planning
VAT
Telephone Support
Estate Planning
Personal Tax Planning
Retirement Strategies
BUSINESS START-UP
Most people who start up in business do so because they have a good business proposition and the enterprise and commitment to see it through. They may not be experts in the legal, financial, and fiscal aspects of running a business.
Indeed, these matters can often seem daunting to the budding entrepreneur. The good news is that you do not need to be an expert in these fields to succeed in business. All you need is the support of a team of experts.
That's where we fit in. Bring us your business ideas and we'll help you to evaluate them in a constructive and realistic manner. We can help you:
Decide on the most suitable structure for your business - sole trader, partnership, or limited company
Prepare a business plan, cash flow projections, budgets, and trading forecasts
Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
Establish a good working relationship with your bank
Complete any registration procedures with Companies House, Inland Revenue, or Customs and Excise
Deal with company secretarial issues
Set up a recording system for your internal use that complies with statutory requirements
Start your new venture on a sure footing - call us for an initial consultation today.
BOOKKEEPING & ACCOUNTING
We can relieve you and your staff of an enormous burden by taking care of all your monthly bookkeeping and accounting needs and the preparation of your annual accounts.
Our first step is to work with you so we can gain a full understanding of your business. We then tailor our approach so we can provide exactly the service you need.
Besides your core bookkeeping, we can maintain your VAT records, prepare your group pension fund, and take on short-term projects to relieve your staff of any temporary overload.
But perhaps the most important part of this service is the preparation of management accounts. These are vital to the continued success of your business. We discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.
COMPANY SECRETARIAL
The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.
With company legislation changing at the rate it does, you need to be sure you are fully aware of how the changes affect you and your fellow directors.
We can give you complete peace of mind in this area by carrying out your company secretarial duties for you.
Our services include:
Company formations
Preparation and filing of statutory returns
Preparation of all documentation related to minutes and resolutions
Maintenance of statutory books
General advice on company law
PAYROLL
Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. 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 PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
Completion of statutory forms, including year end returns, to issue to your employees and submission to the Inland Revenue
Summaries and analyses of staff costs
Administration of incentive schemes, bonuses, and ex-gratia and termination payments
Administration of pension schemes
Even if you have only a few employees, you will make savings by engaging us to administer your payroll.
SELF ASSESSMENT
The term 'self assessment' is proving to be one of the great misnomers of all time. Many taxpayers struggle to understand the complex tax returns and complete them correctly. In the first year of the regime alone, 775,000 taxpayers received �100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!
The constant stream of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.
We can save you a lot of time, worry, and money by handling your self assessment for you. We will do all the necessary computations, complete your return, and offer advice on how you can minimise your tax liability.
We can act as your agent, dealing directly with the Inland Revenue on your behalf and, should you be unfortunate enough to be selected for a self assessment enquiry, act for you at any meetings.
CORPORATE TAX PLANNING
Corporation tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government.
We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:
Determining the most tax effective structure for your business
Taking full advantage of tax opportunities and reliefs
Achieving the optimum capital or revenue tax treatment
Reducing tax on disposals and maximising relief on acquisitions
Making the most of tax opportunities specific to your industry
Meeting the rigorous demands of compliance including corporation tax self assessment
Acting on your behalf in discussions with the tax authorities
Efficient corporate tax planning can result in significant improvements in your bottom line.
VAT
Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.
The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to!
We provide an efficient cost effective VAT service, which includes:
Assistance with VAT registration
Advice on VAT planning and administration
Use of the most appropriate scheme
VAT control and reconciliation
Help with completing VAT returns
Negotiating with Customs and Excise in disputes and representing you at VAT tribunals
TELEPHONE SUPPORT
To run your business efficiently and profitably in a world which is becoming ever more competitive you need information. You need accurate, relevant information quickly and cheaply. You do not want to make vital decisions based on incomplete, inaccurate or out of date information.
We know this, that's why our specialist staff have access to comprehensive data resources, which can be interrogated instantly, to find exactly the information you require and get it to you while you can still act on it.
These resources include:
All UK Tax legislation and case law
Online links to Companies House
Internet links to major technical publishing houses
Access to credit reference agencies
Online links to business databases and directories
The knowledge and experience of our people
If you require more in depth information regarding our services, then please visit our sister website here.
If you need to find out something quickly, we are only a phone call away.