Tax

We offer a full range of Business and Professional services to cater for all company sizes.  We use a variation of methods and work closely with our clients to become the extra arm of their business and support them in every way we can to make, what can be stressful, into something that is easier and simpler to manage and tackle.

We have dedicated staff to help you on all levels and offer a complete package of accountancy services to ease the burden of running your business

Bookkeeping And Accountancy

We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.

We work very closely with our clients in order to gain a full understanding of your business and how you run it.  We have the capacity and flexibility to then tailor our approach to your needs in order to deliver the most appropriate service we can for you.

One of the most important aspects of this service is the preparation of management accounts.  We see these as vital and integral to the continuity and success of your business.  Again, we discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Business Start Up

The essentials of starting a new business are always based on a realistic business plan and adequate finance.Most new business owners when starting-up will no doubt start with a foundation of a solid business proposition and plenty of entrepreneurial spirit.  We help look after the legal and financial aspects of running a business or company formations.With our combined years of experience, we can provide extensive directions and advice on starting up a business to ensure that the process runs as smoothly as possible and hassle free for you.Whatever the size of business you are considering starting up we can provide vital advice on:


  • The form the business should take, sole trader, partnership, LLP, limited company, PLC.
  • Company formation procedures.
  • Preparation of projections, cash flow and business plan.
  • Arranging finance.
  • Bookkeeping tuition and implementing management procedures and systems.
  • Tax planning.



We advise that you do not risk getting caught out by any unexpected problems and come and see us from the start.  Coming to see us to present your business proposals means we can evaluate them in a constructive and realistic manner.

Company Secretarial

The company secretarial function for any business is often seen as an arduous task normally overseen by a family member or senior employee as Company Secretary.  This can be met with issues as the designated Company Secretary may not have a full understanding of the duties they are required to undertake.

With our in-house expertise, we can ensure that statuary deadlines are met, we will handle all your statutory obligations including the filing of accounts, annual returns as well as changes of directors and secretaries.  As part of the service, manage all the paperwork required for the payment of dividends and dealing with share transfers.

Our full company secretarial services include:

  • Company formations
  • Preparation and electronic filing of statutory returns
  • Preparation of all documentation related to minutes and resolutions
  • Maintenance and storage of statutory books.

 

Corporate Tax & Planning

Corporation tax is a major part of your trading costs.  It is the increased reporting obligations, thorough investigation policies imposed by the tax authorities and tough penalties for non-compliance that means that a lot of time and resource is taken up collecting revenue for the Government.

We can assist you and your business by completing and filing business tax returns as well as preparing and submitting end-of-year payroll Tax Returns.  By using us for your corporate tax and planning, means we can act as intermediaries for any disputes with the tax authorities.

As part of this service, we can help you with determining the most tax effective structure for your business by taking full advantage of tax opportunities and reliefs.  It is our job to make sure that you achieve the best capital or revenue tax treatment as well as reducing your tax on disposals and maximising relief on acquisitions.  There are also many tax opportunities specific to certain industries and our in-house expertise to help you tackle these.

VAT

Value added tax is not an easy subject to talk around.  Our aim is to make as simple as possible for you to handle and understand.  It is seen as one of the most complex tax areas to be imposed on businesses. The VAT “goalposts” are constantly being moved as well as the ever changing stream of regulatory details. HMRC is constantly demanding more and more from businesses which adds more stress on top of what you already have to manage.  It is our expertise and expertly trained eyes that help you make sure you do not miss anything and do not fall foul of the regulations.  We make sure your do not pay the chancellor any more than you need to.

Our efficient and cost-effective VAT service includes:

  • Assistance with VAT registration
  • Advice on VAT planning and administration
  • VAT control and reconciliation
  • Help with completing VAT returns
  • Processes put in place to avoid future issues with HMRC

Individual Tax

If you are looking for a practice of reliable, approachable, and proactive accountants who will do more than just respond to your needs but work alongside you to help you succeed you have come to the right place. Read through our services to see how we can help your business grow.

1. Personal Tax Planning

With the tax regime becoming more complex, and more focus being put on the taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements.We can provide you with year-round tax advice on:


  • Income tax
  • Capital gains tax
  • Inheritance tax
  • Trusts and estates



Every pound of income tax you save means more income at your disposal, every well-planned disposal of assets means minimal loss of capital gains, and every inheritance tax saving means more benefit for your beneficiaries.Make sure you take full advantage of the tax saving opportunities open to you – call us today for a personal tax planning review.

2. Retirement Strategies

Everyone hopes to maintain the same standard of living in retirement as they presently enjoy while working, but to achieve this requires considerable forward planning.

Here are some important questions you need to ask yourself:

  • Exit Strategies
If you are in business, the first thing you need to consider is your exit strategy. Will you withdraw from the business, leaving it for the next generation, or will you hope to sell the business? If you intend to hand the business over, do you have a workable succession plan? If you intend to sell, how will you value the business, find a suitable buyer etc?. Are you aware of all the tax implications of the timing of disposals?
  • Pension provision

Do you have an adequate pension in place? Do you have the right type of pension? Are you aware of all the pension possibilities open to business owners and directors? Are you making full use of all your allowances?

  •  Savings and investments

Do you have the right balance between savings and investments, and is your portfolio split adequately between exposures 

  • Life assurance and long-term care

Do you have adequate life assurance, and have you made provision for long-term care and medical insurance for you and your family in your later years?We can help you answer all these questions and recommend solutions tailored to your particular needs.

  • Self-Assessment

If your personal affairs are complicated then completing a self-assessment tax return can be a daunting process. Failing to submit a return on time will incur a penalty which increases over time the longer it is outstanding. The continual changes to the tax system makes completing tax returns harder and harder potentially resulting in more fines further down the line.

We can save you a lot of time, worry, and money by handling your self-assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with HM Revenue and Customs on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings.

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