We can provide assistance with the preparation of  your monthly or quarterly management accounts together with the preparation of your annual financial statements, whether you use manual systems, excel spreadsheets or accounting software such as Quickbooks, Sage,  Moneysoft, MYOB, etc.

When preparing your accounts we will advise you of your legal and statutory requirements, calculate your tax liability and any actions you may need to take in order to mitigate further tax liabilities.

If you are a limited company we will ensure that your accounts are submitted to H M Revenue and Customs and Companies House and, if you are a charity, to The Charity Commission by the necessary deadlines.

We are registered auditors with The Institute of Chartered Accountants in England and Wales.

We have experience of carrying out audits for companies and charities ensuring that they meet the current auditing, accounting and reporting standards in relation to the Companies Act, Charities Act and SORP.

For charities we follow the guidelines set out in the Statements of Recommended Practice and give advice to trustees on internal controls and funding.  We can also advise on the day to day running of the organisation, the role and responsibilities of the trustees and good governance, gift aid as well as prepare independent examiners’ reports for the Charity Commission.  We are also able to help you create a trading subsidiary to your charity to maximise the benefits of gift aid and we would be pleased to attend your charity’s AGM and other meetings on request.

Our range of taxation compliance services include assistance with tax on a personal or corporate level.

Personal Tax

We offer a comprehensive individual self assessment service including:-

• Registration online with HMRC
• Preparation of self assessment tax returns
• Calculating your tax liability
• Filing your tax return online
• Advising you when your payments are due
• Checking tax assessments/calculations issued by HMRC
• Dealing with correspondence from HMRC
• Representing you at HMRC investigations
• Advice on income tax
• Advice on capital gains tax
• Advice on inheritance tax
• Advice on capital allowance claims
• Claims and allowances for rental properties

Partnerships

• Preparation of partnership tax returns
• Preparation of partners’ expense claims
• Filing partnership return online

Corporate Tax

The range of services that we can offer you include:-

• Preparation of statutory corporation tax return
• Calculating your corporation tax liability
• Advising you when to pay your corporation tax
• Submitting return online
• Preparing capital allowances claims
• Advice on tax planning opportunities
• Preparation of car benefit/tax planning reports

VAT

We will guide you through the rules and regulations in VAT as well as keep you up to date with relevant changes in legislation.

We can also assist you in the following ways.

• VAT registrations and de-registrations
• Completion of your quarterly or monthly VAT returns
• Advising you of payment due and when to pay
• Provide support with VAT inspections
• Review assessments issued by HMRC
• Filing your return online with HMRC

 

Our provision of a payroll service includes dealing with PAYE, NIC, student loans, tax credits, sick and holiday pay etc, usually on a weekly or monthly basis.  We can also provide you with printed payslips.

We also offer the following.

• Preparation of weekly and monthly real time information returns (RTI) to H M Revenue and Customs
• Advice on monthly PAYE liabilities
• Completion of end of year returns – P35/P60
• Completion of Class 1A NIC returns
• Completion of forms P11Ds
• Dealing with starters and leavers
• Ensuring PAYE filing deadlines are met to avoid any penalties

We can help you in the formation of a business whether it is a sole trader/practitioner, partnership or a limited company.  By discussing the options available to you, we can help you choose what type of business structure  is best for you and suited to your own personal needs.

We can then provide assistance with the various procedures that are required.  For example, consideration of the following may be needed:

• Registration with HMRC/ Companies House
• VAT registration
• Company registration for corporation tax
• Payroll scheme set up
• Maintenance of statutory records
• Preparation of accounts
• Online submission of Annual Returns
• Help with setting up book-keeping system
• Completion of tax returns
• Tax planning advice
• Business plans
• Company secretarial including appointment of directors/company secretary and issue of shares

We can help you meet the statutory requirements of the Companies Act by keeping you compliant with Companies House and submitting the various documents within strict time limits.  We can provide you with the following services:

• Prepare and file your Annual Return
• Provide a registered office address
• Assist in the formation of your company including allotment of shares
• Advice on the tax efficient extraction of profit
• Maintenance of statutory records
• Assist with company documentation for changes in officers and shareholdings
• Preparation of dividend vouchers and minutes of meetings for their authorisation
• Preparation of resolutions, minutes, forms for filing
• Assist with documentation for changes in directors/company secretary
• Assist with documentation for the issue and transfer of shares

We are a Quickbooks Pro adviser.