Self Assessment / Self Employed

If your personal affairs are complicated then completing a self assessment tax return can be a daunting process. Failing to submit a return on time will incur a penalty which increases over time the longer it is outstanding. The continual changes to the tax system makes completing tax returns harder and harder potentially resulting in more fines further down the line.

We can save you a lot of time, worry, and money by handling your self assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.



We can act as your agent, dealing directly with the HM Revenue and Customs on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

Business Start up / Company Formation

The essentials of starting a new business are always based on a realistic business plan and adequate finance.

Most new business owners when starting-up will no doubt start with a foundation of a solid business proposition and plenty of entrepreneurial spirit. We help look after the legal and financial aspects of running a business or company formations.

With our combined years of experience, we can provide extensive direction and advice on starting up a business to ensure that the process runs as smoothly as possible and hassle free for you.

Whatever the size of business you are considering starting up we can provide vital advice on:

• The form the business should take, sole trader, partnership, LLP, limited company, PLC.
• Company formation procedures.
• Preparation of projections, cash flow and business plan.
• Bookkeeping tuition and implementing management procedures and systems.
• Tax planning.

We advise that you do not risk getting caught out by any unexpected problems and come and see us from the start.

Bookkeeping & Accountancy

We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.

We work very closely with our clients in order to gain a full understanding of your business and how you run it. We have the capacity and flexibility to then tailor our approach to your needs in order to deliver the most appropriate service we can for you.



One of the most important aspects of this service is the preparation of management accounts. We see these as vital and integral to the continuity and success of your business. Again, we discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Payroll

The task of payroll processing can often divert you from your core business activity. It is our job to help and take the worry and time out of this process for you.

By allowing us to look after your payroll activity, we will free up more time for your staff to attend to other business areas, therefore creating more opportunities and raising efficiency in the business.

Our payroll services are thorough and, of course, compliant with HM Revenue & Customs statutory requirements.

We can deal with every aspect of UK wages and salary requirements including:

• Setting up a new payroll system
• Day to day payroll processing
• Dealing with PAYE and National Insurance deductions
• Completing your end of year returns
• Holiday pay
• Statutory pay
• Stakeholder pensions

VAT

Value added tax is not an easy subject to talk about. Our aim is to make it as simple as possible for you to handle and understand. It is seen as one of the most complex tax areas to be imposed on businesses. The VAT “goalposts” are constantly being moved as well as the ever changing stream of regulatory details.

HMRC is constantly demanding more and more from businesses which add more stress on top of what you already have to manage. It is our expertise and expertly trained eyes that help you make sure you do not miss anything and do not fall foul of the regulations.

We make sure you do not pay the chancellor any more than you need to.

Our efficient and cost-effective VAT service includes:

• Assistance with VAT registration
• Advice on VAT planning and administration
• VAT control and reconciliation
• Help with completing VAT returns
• Processes put in place to avoid future issues with HMRC

Corporate Tax Planning

Corporation tax is a major part of your trading costs. It is the increased reporting obligations, thorough investigation policies imposed by the tax authorities and tough penalties for non-compliance that means that a lot of time and resource is taken up collecting revenue for the Government.

We can assist you and your business by completing and filing business tax returns as well as preparing and submitting end-of-year payroll Tax Returns. By using us for your corporate tax and planning, means we can act as intermediaries for any disputes with the tax authorities.

As part of this service, we can help you with determining the most tax effective structure for your business by taking full advantage of tax opportunities and reliefs. It is our job to make sure that you achieve the best capital or revenue tax treatment as well as reducing your tax on disposals and maximising relief on acquisitions.

There are also many tax opportunities specific to certain industries and our in-house expertise to help you tackle these.

Personal Tax Planning

With the tax regime becoming more complex, and more focus being put on taxpayers' individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements.

We can provide you with year-round tax advice on:

• income tax
• capital gains tax

Every pound of income tax you save means more income at your disposal, every well planned disposal of assets means minimal loss of capital gains and more benefit for your beneficiaries.



Make sure you take full advantage of the tax saving opportunities open to you - call us today for a personal tax planning review.