ACCOUNT PREPERATION

CORPORATION TAX

Generate fully-tagged iXBRL computations,
complete with Capital Allowances, Chargeable Gains (including calculations of indexation) and Research Development tax credits. In addition to including the required supplementary forms.

PERSONAL TAX

Prepare your main tax return and all
supplementary forms. Producing detailed
schedules and computations. We will provide you with the tax return for review and approval.

PARTNERSHIP

Transferring information from your profit and loss account and balance sheet directly into our software. We will allocate profits to partners easily and link the data directly to each partner own personal tax return.

TRUST & ESTATES

We will calculate the tax payable by the trust, including any tax due on discretionary payments. Likewise, we will perform the necessary tax pool calculations. Generating the requisite R185 forms containing the details of trust payments, for
distribution to each beneficiary.

PAYROLL

We offer a comprehensive payroll management service that is Real Time Information (RTI) compliant, for a range of business structures using payroll software recognised by HMRC. Outsourcing your payroll to us is a risk-free solution as we reliable and accurate in the figures we submit to HMRC.

If you require payroll for the first time and are not in a position to run it yourself or would prefer that it was handled by an expert. We will manage the set-up of your PAYE scheme, update you on the required payments due to staff and HMRC. There is no minimum requirement for our payroll service, if your payroll consists of 1 to 2 employees we are happy to fulfil your needs.

Appointing us to managing your payroll is guaranteed to be a smooth transition, so you can be confident that your staff is paid on time, including, those members of staff that are paid weekly.

BOOKKEEPING

We take the hassle out of sorting through your invoices, receipts and bank statements. We also prepare your VAT return and liaise directly with your accountant, and provide you with reports and figures on a monthly basis enabling you to make decisions on business growth.

Likewise, if you are a sole trader or sub-contractor not VAT registered, you do not have a business bank account and you do not require a balance sheet. We will prepare an income and expenditure account for you. We will also make you aware if your business will exceed the VAT threshold, allowing sufficient time for you to take action.

VAT RETURNS

The complete VAT Returns service, includes everything you need from registration to submission.

You will need file VAT Returns and/or register for VAT if your turnover is more than the current specified VAT threshold. Some businesses may choose to register for VAT voluntarily. However, making this business decision can become confusing. We can offer you advice regarding VAT tailored to your needs.

If your VAT returns are straightforward then it is more cost effective to complete them yourself. However, online VAT returns are not as simplistic as you may think. If you are using an online accounts software, chances are you could be entitled to a VAT refund and can be very complexed. Outsourcing your VAT returns to us, will offer you peace of mind.

We will check your bookkeeping ensuring that there are no discrepancies, as having discrepancies will render your VAT return incorrect. Once we are confident that your bookkeeping is correct we will send the figures to you for review. When you revert back to us confirming that you are happy for us to submit the VAT Return, we file your VAT returns to HMRC.

We will also make you aware if your business will exceed the VAT threshold, allowing sufficient time for you to take action.

Another advantage of using our service is that in the event of a VAT inspection. HMRC launches investigation into the VAT affairs of businesses at random or as a result of inconsistently submitted figures. Appointing us as your Accountant to process your VAT returns, you can have the peace of mind that the figures submitted to HMRC are accurate.

If you would like us to act on your behalf for VAT and submit your VAT Returns, please contact us. All our fees are agreed at the initial consultation, before any work is conducted.

BUSINESS PLANS

We create formal statements of business goals, detailing reason why they are attainable and plans for achieving them. Our business plans are customised and professionally written bespoke business plans as we collate background information about you and your business at our initial meeting, and through the creative process. Creating business plans in this way allows you to understand your business and your options for future development.

We specialise in creating business plans for start-ups, funding applications and growth ventures.

Our business plans come complete with two years detailed profit and loss, cash-flow and management information analysis.

A business plan created by us will be created specifically to the intended audience, whether a lender or investor. The business plan will include the following:

  • Business Background and History
  • Business Objectives
  • SWOT Analysis
  • Market Analysis
  • Financial Information for 2 years
  • Full Narrative, Charts, and Graphics
  • Contingency and Legal Planning

All the information we use to create your business plan is dynamic, therefore as your business develops our business plans are adjusted to meet its intended audience. Once completed clarifications, alterations and corrections are free of charge for a period of 30 days after delivery of the initial completed plan.