Accounting

Tax and VAT issues impose a heavy burden in time and resources on any business. These regimes are complex and challenging and non-compliance is costly.

Businesses with employees must also stay compliant with the PAYE and national insurance (NI) regimes, as well as issues relating to benefits in kind and expenses.

We offer a range of services designed to keep you compliant with the tax authorities. We will deal with personal and corporate self-assessment returns and calculate your liabilities, liaising with HMRC on your behalf. We can also advise and assist you in dealing with PAYE and NI.

When it comes to tax, no-one wants to pay more than is necessary. For businesses, achieving tax efficiency means you retain funds to help grow your business. Achieving maximum tax efficiency means that you need to plan ahead, so we will work with you to identify opportunities to reduce your tax liability.

Our overall aim in this area is to ensure your compliance with HMRC regulations while minimising your tax liability

We offer expert advice in a wide range of areas including:

• Self-Assessment Income Tax

• Corporation Tax

• Capital Gains Tax

• Inheritance Tax and Tax Planning

• VAT

• Tax investigations

• PAYE & CIS

Starting your own business is exciting, but challenging. However, if you get it right, it can be very rewarding, both personally and financially.

When you’re taking such a big step, it makes sense to seek expert advice at the earliest possible stage. We’re experienced in advising start-up businesses and will start by reviewing your business plan, or working with you to create a plan, advising you on ways to develop and improve the business.

Your business plan is a key tool in approaching financial institutions for funding. Cash flow forecasts are important at this stage too, but also on an ongoing basis to help you make sure that you have sufficient funds to take on extra business, plan further borrowing and provide an early warning of potential problems.

One of the most important choices you will make is deciding on the best business structure. We can advise on whether sole trader, partnership, limited liability partnership or limited company is most appropriate for your business.

We can also advise on day-to-day business support you’ll need, such as computerised or manual bookkeeping systems. We also offer management and annual accounts services and can advise on PAYE and VAT systems.

By working with you, we can use our knowledge of your business to identify opportunities for growth, as well as highlighting potential business risks and how to deal with them.

Effective bookkeeping is a pre-requisite of an efficient business, giving you access to up to date information, to facilitate good decision making. We offer an expert, professional, confidential bookkeeping service, using computerised or manual systems. We can keep records of your payments and receipts up to date and maintain your VAT records. By keeping track of your bills and sales invoices, you’ll be able to make payments efficiently and improve cash flow by collecting debts on time. Whether you need weekly, monthly or quarterly bookkeeping services, we’ll provide an efficient, accurate service, which will facilitate the preparation of your annual accounts.

Public Sector Consultancy

We provide a range of consultancy services to this sector, including:

·        Value for Money Reports

·        Strategic Reviews

·        Due diligence

·        Business Planning

·        Business Cases

·        Economic Appraisals

·        Internal and external audit services

·        Accounts preparation

Private Sector Consultancy

We also provide a range of consultancy services to this sector, including:

·        Business Planning

·        Cash flow forecasting

·        Budgeting

·        Forensic Accounting

·        Grant applications

·        Tender preparation