Business Planning

Everyone knows that a successful business must plan ahead, but all too often the pressures of keeping the business going on a daily basis mean that strategic planning is not given the attention it needs. The result is often rushed judgements, over or under-capacity, or missed opportunities.

Every business owner needs a planning adviser who has the time and space to take the long view and advise on appropriate courses of action before it is too late. With years of experience advising the local business community we have a wealth of experience and expertise for you to draw on. Contact us today for a planning review.

Bookkeeping & accounting

Keeping you fully informed on essentials

The last thing you want in your business is to have valuable time and resources tied up with routine bookkeeping and accounting.

That's something we can do for you, either at your office or at ours.

We begin by discussing your specific requirements with you and then we set up appropriate accounting procedures and controls and ensure your accounts are kept fully up-to-date and in compliance with statutory regulations.

But we don't stop there. We can also provide you with regular management accounts to keep you informed on essential areas such as:

Cashflow

Profitability

Performance ratios

Customer activity

Credit control

Budget comparisons

In addition we can also relieve your staff of the burden of preparing:

Payroll administration

VAT returns

Bank reconciliations

Annual accounts

Contact us today to discuss how we can help you keep your books in good order.

Company Secretarial Services

The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.

Moreover, with company legislation changing at the rate it does, you need to be sure you are fully aware of how the changes affect you and your fellow directors.

We can give you complete peace of mind in this area by carrying out your company secretarial duties for you.

Our services include:

Company formations

Preparation and filing of statutory returns

Preparation of all documentation related to minutes and resolutions

Maintenance of statutory books

General advice on company law

Self Employed

Our firm has an enormous amount of experience in dealing with self employed individuals and partners.

Whether this be a sub contractor in the construction industry, self employed trades people or partners of professional practices, we have the experience and know how, to deal with all aspects of self employment.

We will guide clients as to their responsibilities, other matters relating to VAT registration, payment of National Insurance Contributions, and will clearly make it aware to our clients the level of current and future tax liabilities. We are happy to accept information from our client in any form, including very basic records, i.e. the traditional paper bag full of invoices and paperwork, or the more experienced book keepers that provide written ledgers, excel spreadsheets or even computer generated back up copies. Whatever your current book keeping levels, we will always work alongside you and make the process of transferring information to us as simply as possible.

We have a large number of self employed clients and give an extremely personalised and informative service. One of our priorities is to always communicate to our client in a non technical, easy to understand manner.

Contact us today for more information.

Taxation

Corporation tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government.

We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:

Determining the most tax effective structure for your business

Taking full advantage of tax opportunities and reliefs

Achieving the optimum capital or revenue tax treatment

Reducing tax on disposals and maximising relief on acquisitions

Making the most of tax opportunities specific to your industry

Meeting the rigorous demands of compliance including corporation tax self assessment

Acting on your behalf in discussions with the tax authorities

Efficient corporate tax planning can result in potentially significant improvements in your bottom line.

Contact us today for more information.

Management Accounts

Straightforward and professional accounting expertise – at a price you can afford

It’s usually not enough just to see the figures at the end of the year. Tools for interpreting what the figures mean and demonstrating trends in your business over time can be incredibly useful for monitoring performance and for future business planning.

Business plans and cash flows

Sales reporting

Profit forecasts

Purchasing analysis

Fixed asset register

Payroll costs

Bespoke reporting tailored to the client’s brief

VAT

Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.

The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay the Exchequer more than you need to!

 We provide an efficient cost effective VAT service, which includes:

Assistance with VAT registration

Advice on VAT planning and administration

Use of the most appropriate scheme

VAT control and reconciliation

Help with completing VAT returns

Planning to minimise future problems with Customs and Excise

Negotiating with Customs and Excise in disputes and representing you at VAT tribunals

Contact us today for a VAT healthcheck.

Payroll

Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including:

Customised payslips

Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc

Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue

Summaries and analyses of staff costs

Administration of incentive schemes, bonuses, and ex-gratia and termination payments

Administration of pension schemes

Even if you have only a few employees, you will make savings by engaging us to administer your payroll.