Our services
Sole traders & partnerships
Unlike other firms, we do not see this area of our work as merely “bread and butter” compliance work. It is important to us that even the smallest businesses are treated in exactly the same way as any bigger concern, and this means that we provide a bespoke service in all cases.
The choice is yours – we will undertake as much or as little work as you wish; so we can process all source documentation or review your own bookkeeping records, whether they are computerised or not, as a precursor to the production of financial statements. We are able to advise in all aspects of business taxation, and indeed encourage clients to discuss taxation issues on an ongoing basis in order that potential liabilities are recognised early and perhaps mitigated, as well as enabling forward thinking decision making and business planning.
We undertake all necessary business taxation computations and compliance work, including of course the completion and subsequent secure online submission of all partnership and individual self assessment tax returns. We pride ourselves on being able to deliver a tax-efficient service at a very competitive price.
Payroll
This is really only an ancillary service to those others we offer because we do not seek to profit, but merely cover our administrative costs in this respect. We currently undertake Real Time Information submissions in respect of weekly, fortnightly and monthly payroll runs, largely costed on a bespoke basis dependent upon the number of employees, changes to personnel or pay rates. We also produce and submit the relevant forms in respect of employment related Benefits in Kind.
In addition, we continue to support our clients through the Automatic Enrolment obligations for employers and are happy to undertake any aspect of the processes required.
Limited companies
In these rapidly changing times, certainly in respect of H M Revenue & Customs requirements and the Financial Reporting Framework, we take nothing for granted in terms of legislative compliance and online security. It is for these reasons that we use only the best software available and make no compromises in this respect.
Whilst, as a matter of course, we are able to undertake all of the regular tasks associated with corporate bodies, such as the production of full and abbreviated financial statements, completion of company tax returns and all associated documentation, we are also happy to offer a Company Secretarial service in order that directors are not unduly burdened with some of the more mundane, but unfortunately necessary, duties required of this role.
An additional service is that of the provision of management accounts, either on a monthly or quarterly basis, and this seems to be a very popular way of enabling management to maintain increased control over business matters, especially in times of difficulty or recession. It is too easy to shy away from this option with the perception that it is merely an additional expense, but in reality this service should offer such significant rewards in terms of timely and positive information, that any costs will be outweighed, particularly as we ensure that this element of work is wholly contributory to the annual work required, thereby meaning that costs are little more than they would have been in any case.
Our other priority when dealing with limited companies is ensuring that corporate and personal taxation matters for directors and/or shareholders are considered in tandem in order that optimum tax-efficiency is achieved.
Business start-ups
This area of our work is particularly exciting given that we relish learning about the dreams and aspirations of others and consider it a real honour to be included in their plans.
We are very fortunate to have kindled good relationships with like-minded professionals, thus enabling us to work alongside them to ensure that clients have the optimum financial arrangements in place and the necessary ongoing support that is inevitably required in the early days.
Value Added Tax
We are able to offer advice and undertake VAT work on either an ad hoc or regular basis, again to a greater or lesser extent, depending upon client requirements. Of course, Making Tax Digital obligations are now mandatory for all, and we are able to advise on most software solutions on th market today. Again though, we ensure that any work done at a quarterly stage contributes to the annual picture, thereby offering cost efficiency.
Limited company incorporation
We offer this service as a package to include a meeting to discuss requirements and thus ensure optimum arrangements, online incorporation and all initial administrative tasks in respect of H M Revenue & Customs, such as VAT and PAYE registration, etc.
