ACCOUNT PREPARATION

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's own personal tax return.

TRUSTS & 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 are reliable and accurate in the figures we submit to HMRC.

If you require payroll for the first time but 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, and update you on the required payments due to staff and HMRC. There is no minimum requirement for our payroll service, so if your payroll consists of only 1 to 2 employees, we will be happy to fulfil your needs.

Appointing us to manage your payroll is guaranteed to be a smooth transition, so you can be confident that your staff are paid on time, including those members of staff who 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, providing 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 who is not VAT registered, or you do not have a business bank account and 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 to 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 this can be very complex. Outsourcing your VAT returns to us will give you peace of mind.

We will check your bookkeeping, ensuring that there are no discrepancies, because 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 will 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 in the event of a VAT inspection. HMRC launch investigations into the VAT affairs of businesses at random or as a result of inconsistently submitted figures. By 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 reasons why they are attainable and offer plans for achieving them. Our business plans are customised, professionally written and bespoken, 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 are delivered complete with two years detailed profit and loss, cash-flow and management information analysis.

A business plan created by us will be designed specifically for the intended audience, whether a lender or an 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 their 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.