Preparation of statutory accounts for Limited Companies and Limited Liability Partnerships.

We prepare your company’s accounts in accordance with the requirements of the Companies Act and financial reporting standards. We advise you about your obligations under company law and assist you with meeting your filing requirements.

Because we take an interest in your affairs, we review the recent performance of your business and discuss your plans for the future when we prepare your year end accounts. This gives us the opportunity to provide you with constructive advice in connection with your taxation affairs and about broader business issues.

Corporation tax compliance and advice.

We prepare your company’s corporation tax return and the associated corporation tax computations in accordance with the relevant tax legislation, ensuring that all appropriate allowances are claimed on your behalf.

You are free to get on with running your business secure in the knowledge that we will keep you informed of future liabilities and filing deadlines on a timely basis.
We file returns electronically on your behalf and we will correspond with HM Revenue & Customs so that you do not have to.

We review your affairs for tax planning opportunities as part of the work we do in preparing the returns for submission. By keeping abreast of complex changes in the tax law we are able to highlight beneficial developments as well as ensuring you remain compliant with the less beneficial changes. We see every piece of work as an opportunity to provide advice.

Sole Trader / Partnership Accounts

We are experienced in preparing the accounts of Sole Traders and Partnerships who in many cases do not have a formal or structured way of working compared to limited companies.

We can prepare and assist in the preparation of your accounts whether it be from your manual cashbook or accounting software. Occasionally we will take a ‘shoe box’ of records too.

We will provide advice on your record keeping to enable you to improve the financial information available to you as a basis for running your business and with the additional benefit of keeping your accountancy fees at the right level for your business.

We take an interest in your business and use the preparation of annual accounts as an opportunity to provide you with advice in connection with tax planning or broader business matters.

Partnership Tax Returns

When you trade in partnership you will be required to prepare a Partnership Self-Assessment return. We can prepare this return for you along with the associated tax computations for the partnership, and for the individual partners.

We file returns electronically on your behalf and we will correspond with HM Revenue & Customs so that you do not have to.

By keeping abreast of complex changes in the tax law we are able to highlight developments that may be beneficial to you as well as ensuring you remain compliant with the less beneficial changes. We see every piece of work as an opportunity to provide advice.

Management accounting and advice

We can provide management accounting services on a monthly, quarterly or ad-hoc basis to help you plan and control the activities of your business and assist you in the decision making process.

There is no legal requirement to prepare management accounts, although few (if any) well-run businesses can survive without them.

Our service is tailored to meet your requirements.

Virtual Finance Director services.

The decisions you make, even before you set up your business, can have a lasting affect on its future performance and success. By obtaining proper advice throughout each stage of your businesses development you can ensure you get the maximum return with the minimum of risk.

We can provide the advice and assistance you need by acting as your virtual finance director with:-

• Attendance at regular board meetings,

• Assisting with the planning & budgeting process,

• Feedback on, or analysis of, management accounts,

• Advice in connection with broader business issues for example - the structure of your business, key performance indicators, remuneration strategy for business owners and key staff members, planning for growth, planning for your exit etc.

This service is tailored to meet your needs and is constantly changing as your business develops and your requirements change.

Personal tax compliance and advice for directors or staff.

We prepare your self assessment tax return, calculate your tax liabilities and submit your return electronically on your behalf.

We will provide you with advance notice of your liabilities and the dates that payment falls due to enable you to plan your personal cash flow. We provide advice to ensure that you have taken advantage of all available allowances and deductions

We act on your behalf with HM Revenue & Customs so that you don’t have to.

For more information about services for individual tax payers click here

Payroll services

We can help you find a solution to all of your payroll requirements.
We can arrange for the provision of a full service including the following, or a variation on it:

• Monthly or weekly payroll calculations,

• Payslips, P45s

• Payment of salaries

• Year end returns including P11Ds, P14s, P60s and the P35 Employers Annual Return

We can provide ad-hoc advice and assistance with payroll matters including advice on statutory maternity pay, statutory sick pay etc.

By referring you to tried and trusted HR specialists we can help you ensure your business remains compliant with the increasing complex employment legislation.

VAT compliance services.

Value added tax (VAT) is one of the most complex and onerous tax regimes imposed on businesses. We can assist you to ensure you meet your VAT obligations by providing:

• Assistance with VAT registration

• Advice on VAT planning and administration

• Advice about using the most appropriate VAT scheme

• VAT control and reconciliation

• Help with completing VAT returns

• Planning to minimise future problems with HM Revenue & Customs

Company Formation Services

We can advise you about whether trading through a limited company is the best route for you. We can advise on the best way to structure your company and its shareholdings. We can set up a limited company for you and you can be legally trading the same day.

Business plans

Company secretarial services

Keeping up with company secretarial obligations can be time consuming and complicated. The following services are included as part of our fee for looking after a company’s annual accounts and corporation tax affairs:

• Submission of accounts to Companies House and monitoring of filing deadlines

• Electronic submission of the company’s annual return enabling you to benefit from the reduced filing fee charged for electronic filing.

• We will act as the registered office for your company should you require this.

In addition we can assist you with, amongst other things:

• Company formations Click Here for more information

• Formal Minutes

• Dividend vouchers

• Maintaining statutory records

• Changes in shareholdings / directors / company documents.

Fee protection service

By subscribing to our fee protection service you are protected against the additional fees that would be incurred in engaging us to defend you or your company, should you be the subject of a full investigation by HM Revenue & Customs.

Our fee protection service, or tax investigations service as it is sometimes known, is fully backed by an Insurance Policy which we have taken out with Abbey Tax Protection. We are able to make a claim in respect of the fees which we accrue when we defend a client who has subscribed to the service.

For more information about our fee protection service and the events covered by our policy click here

Other services

Our directors and staff have many years experience serving the needs of the business community. We can also draw on an extensive network of professional contacts (independent financial advisors, employment law specialists, bankers, auditors and national tax experts) to compliment our own skills.