This is what we can do for you
We can... Prepare accounts to help in completion of self-assessment tax returns; Produce financial statements for filing at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public. Accounts are prepared to agreed timescales and deadlines. But we can do more than just report the history of what's already happened... Identify areas where we can assist in minimising your tax liability; Identify areas of the business that give you the most opportunity to make improvements; Use the accounts to help you measure where you are in meeting your goals and what actions you need to take. We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.
We can help you with all your general bookkeeping requirements, either at your offices or at our office. You may require help to write up books or need us to add the finishing touches to information on bookkeeping systems in order to create your own management information. If you do not employ a bookkeeper then we can take up the role or help you recruit the right person for your business.
Whilst completion of tax returns and statutory tax obligations are important jobs, all accountants should be capable of completing them and advising you of your tax position and liabilities. We try to do more than just this and are interested in maximising your tax planning opportunities.
We all have to pay our taxes but within the legal framework there are numerous ways of saving tax and making sure you do not pay a penny more than is absolutely necessary. We have extensive experience in this area of work and always fight as hard as we can for our clients.
BUSINESS START UPS
Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business but you do need the support of a team of trained experts. We can help. Just bring us your business ideas and we will help you to make them a reality! We will help you to:
We have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. We can provide you with practical advice on personal tax positions and the planning opportunities available to you. We can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
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.
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. We can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, we provide an efficient, cost-effective VAT service, which includes:
There's more to consider than just buying a cheap readymade company on the internet! We can assist you with company formations for... An off the shelf ready made company; A tailor made company; For urgent requests we can also arrange same day formations. Our Company formation packages can include... Advice on the pros and cons of incorporation in your own situation; Appointment of directors; Appointment of company secretary; Issue of subscriber shares; Registered office services; Completion of all necessary minutes and resolutions; Assistance in opening a bank account; VAT registration; Company registration for Corporation Tax; Set up of Company PAYE scheme.
We can help you fulfill this role and offer the following services... Registered office facilities; Maintenance of statutory registers; Submission of statutory documents; Giving notice of General Meetings; Drafting agendas for company meetings; Preparing Minutes of Meetings; Completion of share transfer forms; Preparation of share certificates; Carrying out company searches; Filing of Annual Returns.
TAX ENQUIRIES AND INVESTIGATIONS
Being the subject of a tax investigation by the HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.