We provide a bespoke limited company service as we know all of our clients are different. So whether you just need your annual accounts and corporation tax return completed in line with statutory requirements or would like additional services such as bookkeeping, payroll or VAT we are happy to help. We are here to assist our clients throughout the year and not just when it is time to file those accounts. We are always available to answer any questions via email or phone at no additional charge.
Starting a business is exciting but can also be daunting. We can advise on which structure is best for you and then guide you through the accounting and tax implications step by step. We recognise that you will have a lot of questions initially, which is why we are always available to answer these via email or phone at no additional charge. We want your business to be a success and we're here to support you throughout your journey.
CONTRACTORS / FREELANCERS
Many contractors choose to work through a limited company and offer their expertise to businesses for one-off projects. We can talk you through the benefits and risks of operating in this way, explaining the IR35 legislation and recommending contract reviews or other measures where necessary. We also explain the pros and cons of VAT registration and advise on how best to extract funds from your company.
SOLE TRADE / PARTNERSHIP
When you run your own business, you want to spend as much time and energy on doing what you do well. We take the stress out of preparing your sole trade or partnership accounts. We guide you through how to record your income and expenditure, what expenses you can claim and suggest additional expenditure which may help reduce your tax bill. We help you budget for the tax that you will need to pay each year in addition to preparing and submitting your accounts and self-assessment tax return.
Whether you have recently purchased a buy-to-let, sold some shares or are simply a high earner and need to complete a self-assessment tax return, we are here to help. When you engage our services, we review your total tax situation. We not only ensure that your tax bill is accurate but also that you have claimed all available reliefs such as gift aid or relief on personal pension contributions. We speak direct to HMRC on your behalf where required and can help you plan to minimise tax in future years.
We offer our clients a cloud bookkeeping solution that grants us access to your records online. This allows us to assist if things ever go wrong and also enables us to provide real-time advice. The software includes direct daily bank feeds, sales invoicing and reporting such as monthly profit and loss. You can take pictures of expense receipts on your smartphone, upload them into the software and even throw away the receipt!
We provide advice on whether you must be VAT registered or if it may be beneficial for you to become VAT registered even if you're not required to. We can register your business and make sure that you are aware of the deadlines you need to adhere to. We also provide advice on how to complete your VAT Return or can save you the hassle by completing the return for you.
Ensuring that your employees are paid the right amount at the right time is critical to your business. You simply tell us who needs to be paid and how much each month and we take care of the formal submissions and payslips letting you know how much to pay your staff and HMRC. We can even email password protected payslips to your employees.
The law on workplace pensions has changed. Under the Pensions Act 2008, every employer in the UK must offer certain employees a pension scheme and contribute towards it. Once you have chosen your scheme, we can help you communicate correctly to your employees, make the right deductions from pay and pay the correct amount to the pension provider.