Most people who start up in business do so because they have a good business proposition. We can help by evaluating your ideas and assist you develop them into a viable business. We will help you:
- Decide on the most suitable structure for your business (i.e. sole trader, partnership, limited liability partnership or limited company)
- Prepare a business plan, cash flow projections, budgets and trading forecasts
- Assess your finance requirements and advise on the most appropriate source of finance
- Help you establish relationships with banks and solicitors and any other necessary professional advisers
- Carry out registration procedures with Companies House, Inland Revenue or Customs and Excise
- Set up an internal accounting system
We can help you to decide on the best accountancy and payroll package to suit your business. We can also provide support during the initial period of use to help you with any issues that may need clarification.
A key service we offer to clients is in the area of taxation planning, aimed at minimising your future tax liabilities. In addition to providing the normal compliance services including Self Assessment Returns, we can offer advice on: Inheritance Tax, Capital Gains Tax, Benefits in Kind, Employee Pay Schemes and the use of Trusts.
VAT (Value Added Tax) is one of the most complex taxes imposed on business and one that many businesses inadvertently overpay or underpay. With a constant stream of detailed changes to the regulations, businesses can find it difficult to ensure they comply.
We provide a cost effective VAT service and work with a wide variety of businesses, providing varying levels of support from general advice to VAT return completion. We have helped many of our clients to reduce VAT assessments and minimise their VAT liabilities.
We relieve you of the administrative burden of complying with tax legislation and help you minimise your corporation tax payments. We deal with all business tax matters, including preparing income and/or corporation tax computations and preparing and submitting the relevant self-assessment returns.
Our dedicated payroll service can provide weekly or monthly payroll services, dealing with PAYE, NIC, Statutory Sick Pay, Statutory Maternity Pay, Student Loans and Working Family Credits.
Our bookkeeping service takes the strain out of routine accounting, allowing you to concentrate on your business. By using our bookkeeping service, you can offload all the hassle of managing your financial records.
Accounts preparation is a core part of our business and we pride ourselves on being able to meet your needs promptly and efficiently. Our services include:
- Management accounts, monthly or quarterly
- Statutory accounts to comply with Companies Act requirements
- Accounts for partnerships and sole traders
- Budgets and cash flow forecasts
