How we can help
The following services are just some of the areas where we can offer assistance. Should you have any other requirements, or would like to speak to us about any of these services, please get in touch.
Accounts that are meaningful and useful
As well as the production of statutory accounts for limited companies, accounts preparation for partnerships and sole traders and management accounts, we can review and interpret figures produced by you to ensure they are meaningful and useful. Whether you are thinking of setting up in business or already running an established company, we can help with:
- Company formation
- Start-up advice
- Limited companies
- Sole traders
- Partnerships
- Business planning
- Confirmation statements
- Management accounts
- Cashflow forecasting
Tax planning, started early
Everyone knows the difficulties that can be encountered when completing tax returns. Tax planning is important and, if carried out early, will maximise all benefits available. We can advise on:
- Personal tax
- Corporate tax
- VAT
- Tax planning
Do I need to complete a tax return?
You will need to complete a tax return if:
- You are self-employed and earned more than £1,000
- You received £2,500 or more in untaxed income, for example, from renting out a property or savings and investments
- Your savings or investment income was £10,000 or more before tax
- You made profits from selling things like shares, a second home or other chargeable assets
- You were a company director, unless it was for a non-profit organisation (such as a charity) and you did not get any pay or benefits, like a company car
- Your income (or your partner's income) was over £50,000 and one of you claimed Child Benefit
- You had income from abroad that you needed to pay tax on
- You lived abroad and had a UK income
- You got dividends from shares and you're a higher or additional rate taxpayer
- Your income was over £100,000
- You were a trustee of a trust or registered pension scheme
- You had a P800 from HMRC saying you didn't pay enough tax last year, and you didn't pay what you owe through your tax code or with a voluntary payment
A payroll bureau that takes the worry away
Keeping up with the latest payroll legislation can be time-consuming. Our payroll bureau service can take the worry out of this process and can be tailored to your needs. We offer:
- Complete monthly payroll processing
- Online payslips (at an additional charge), and paper if you prefer
- Monthly reports
- Auto enrolment processing
- Year end completion and submission
- P11D (benefits in kind) completion and submission to HMRC
Financial Strategy: looking forward in business
Jo and Stephen have had extensive experience in business planning and can help you with the strategic issues encompassing growth, development, re-organisation and exit.
We work extensively with companies that need help with profitability, cash flow and forecasting. This means working alongside company owners and management teams and developing a plan for the time ahead.
We also provide (financial) directorship services, assisting board decision-making on critical areas. A business's monthly management accounts should be accompanied by longer-term (up to 12 month) projections, and it is essential that these are regularly updated to reflect current knowledge. We would make regular visits to the company to facilitate the essential day-to-day decisions on cash control, supported by 6 or 7 week cashflow projections.
We can help with
- Business planning
- Growth and development
- Re-organisation and exit
- Profitability, cash flow and forecasting
- Financial directorship
- Management accounts and 12 month projections
Call for a free consultation
Talk to us about your accounts, tax or payroll on 01908 227 055, or send us a message and we will be in touch.