Services
Business Start-up
If you have an idea for a new business but are unsure how best to progress matters, we are happy to discuss your plans and offer advice to help you:
- decide on the most suitable structure for your business whether this is Sole Trader, Partnership or Limited Company
- register your details with HMRC
- set up a Limited Company if required
- advise on a suitable record keeping system to help you keep track of your finances and that is compliant with HMRC requirements
Accountancy and Bookkeeping
Depending on what you require we provide a full bookkeeping and accountancy service. We can prepare full sets of annual accounts, trading statements and management accounts as required to enable you to keep track of your business progress.
If you wish to maintain your own books, we can advise on suitable accountancy software packages and can provide training on those systems if required.
We are a Xero silver partner and all of our team are Xero certified. Our practice is also QuickBooks certified and we are experienced using Sage.
Tax Self-Assessment
Personal
As personal allowances have been frozen and interest rates have gone up more people are being pulled into the Self-Assessment system and are required to submit annual Self-Assessment returns. We can assist with preparing personal Self-Assessment returns, advising on taxation due and submitting returns online to HMRC.
Business
We can also assist preparing Corporation Tax self-assessment returns to ensure that all available tax allowances and reliefs are claimed.
We are able to speak to HMRC on your behalf to clarify any tax issues with them. We can also represent you with HMRC if you are unlucky enough to receive an enquiry into either your personal or business tax affairs.
Payroll and CIS
Whether you employ staff or are the only employee in your business, we offer a full payroll service that includes producing itemised payslips, P60s and P45s as required, payroll analysis, statutory returns to HMRC, detailing tax and NIC due, managing statutory payments such as maternity and paternity pay, and reclaiming allowances.
We can manage and process your CIS ensuring returns are submitted to HMRC, advising you of any tax due to be paid and ensuring CIS repayments are claimed.
We can also manage auto enrolment pension schemes ensuring that employees are enrolled on the scheme as required and deductions made.
VAT
All VAT returns have to be submitted under the scheme know as Making Tax Digital which requires VAT returns to be submitted online using approved software. We can advise on the requirement to register for VAT, apply for VAT registration on your behalf, advise on appropriate software to enable you to remain compliant with MTD and prepare and submit VAT returns on your behalf.
General Tax Advice
If you have a tax query we can help and where required, we have the support of specialist tax advisers. In addition to assisting with personal and Corporation Tax we can advise on Capital Gains Tax, calculating CGT liability and submitting the required returns, Inheritance tax, business closures and employment benefits.
If you would like advice or assistance with any of the above or on any other tax or accountancy matter, please contact us.
Free Initial Consultation
We offer an initial free consultation where we can discuss your requirements, and you can find out more about us. If you’re interested, please phone us on 01386 561100 or send us a message using our contact form.