Book-keeping
We can relieve you of a significant burden by taking care of all your bookkeeping and accounting needs. This ranges from making use of our inhouse bookkeeping bureau to the preparation of your annual accounts. We will treat every business individually so that we can tailor our approach to your requirements.
Besides the core bookkeeping, we can also maintain VAT records; prepare your payroll as well as taking on your ad-hoc projects thereby freeing up your valuable time.
Business Start Up
The majority of people who start up in business do so because they have a good business proposition and not because they are experts in the financial aspects of running a business. As these factors can be daunting, we can help you:
- decide on the most suitable structure for your business (i.e. sole trader, partnership or limited company)
- prepare a business plan, cashflow projections, budgets and trading forecasts to prove the financial viability of your ideas and demonstrate this to the bank / potential investors
- assess your finance requirements and access the most appropriate source of finance
- help you establish relationships with banks, solicitors, etc via our well established network of contacts
- carry out registration procedures with Companies House and H M Revenue & Customs
- set up an internal accounting system which complies with statutory requirements
Management Accounting
The most important part of our compliance services is the preparation of management accounts. The monitoring of; and the controlling of; the financial performance of your business is of paramount importance and regular management information is vital to the continued success of your business. We can carry out this role for you.
We will also take this service one step further by interpreting these figures for you and making suggestions to help you improve your profits or to help your business grow.
Payroll
We understand that the running of your own payroll can be time consuming and complicated, particularly with the ever increasing complexity of taxation and employment legislation. There is an ever increasing burden being placed upon business to comply with these issues and non-compliance can lead to substantial penalties.
We can prepare and run your payroll if you want us to do so.
Taxation
In 1996/97 self assessment was introduced to help ease the burden for unincorporated businesses. Many would say that such 'freedom' has added to this burden. We can help you by preparing your annual self assessment tax return.
We are also able to prepare Capital Gains Tax (CGT) computations and Inheritance Tax (IHT) computations for you.
Corporation Tax can represent a substantial cost to any profitable business.
We can help you to minimise your Corporation Tax payments and relieve you of any administrative burden of complying with tax legislation. We can deal with all business tax matters, on your behalf, including the preparing of Income Tax and Corporartion Tax computations and by preparing and submitting your partnership tax return or Corporation Tax self-assessment return.