Accounts Preparation including Management Accounts

We can prepare accounts for sole traders, partnerships, LLPs, and Limited Companies, which comply with all necessary Companies Act regulations. This includes year end accounts and monthly or quarterly management accounts.

Tax

All businesses 'fear' the tax man! What we ensure is that all tax compliance is dealt with efficiently and accurately, meeting all necessary deadlines. In addition, we offer a tax planning and advisory service.

Click TAX SERVICES for more details.

HMRC Tax Enquiries & Disclosure Campaigns

If you are the subject of an HMRC enquiry or Disclosure Campaign, then help is at hand. Whether the enquiry is into personal self-assessment, corporate tax, P11D or PAYE compliance, guidance and assistance can be provided to bring the enquiry to a satisfactory conclusion. Similarly, with the Disclosure Campaigns such as the ‘Let Property’ Campaign, advice and guidance can be given to assist with full disclosures, to keep interest and penalties to a minimum.

Bookkeeping

We will take away the stress of your business finances by keeping your 'books' in order. We can maintain accounting ledgers from invoices and receipts, keep accounting records up to date and ensure the accounts balance, this will ensure that you are complying with all current ‘Making Tax Digital’ (MTD) requirements. We can also prepare Management Accounts, provide a payroll, and VAT service thereby allowing you to focus on your core business.

Payroll

We can process and maintain payroll whether it be weekly or monthly – meeting all ‘Real Time Information’ (RTI) requirements. This would include all PAYE and NI calculations and submissions, dealing with HM Revenue and Customs where required, and preparing P45s and Year End Returns. This can also include preparation of necessary forms P11D for employees.

Budgeting & Cash Flow/Profit Projections

Costs and cash flow are critical to managing any business, whether it is brand new, or well established. Following discussions with you about what you expect from the business and future performance rates, we can prepare a budget of expected income and outgoings, which will give you a clear picture of how you can expect the business to grow over time. We can also prepare business plans, if required, for funding or banking purposes.

Trusts and Tax Compliance

We can deal with all tax compliance issues for UK Trust and Estate returns to include filing self-assessment returns with HM Revenue and Customs, calculating any trustee tax liabilities, calculation of tax pools as well as preparation of R185s for beneficiaries.