Sole Traders

We will work with you to prepare your sole trader accounts and self-assessment return. 
By getting to know you and your business we will be able to provide guidance on allowable expenses you can claim and on whether the cash or accruals would be the best basis of preparation.
We will complete the online filings with HMRC and tell you how much you must pay HMRC in respect of income tax, NIC's and when to pay it. We will act as your agent with HMRC and be the point of contact and liaison with HMRC on your behalf.
And we are always on hand for any questions you have on your tax and business finances throughout the year.
With Making Tax Digital for Income Tax Self-Assessment on the horizon in April 2024, we can help you get prepared for the changes that will be required to be fully compliant with the digital record keeping requirements and the quarterly reporting process.

Limited Companies

Preparation of statutory accounts and corporation tax returns are all part of the service provided to our limited company clients.
Through discussions with you we will develop an understanding of the business which is crucial to advising you in the best possible way and to preparing accurate financial information.
We will complete all online filings at Companies House and with HMRC and we will tell you how much corporation tax your company should pay and when.

Business Start Up

Have you got a great business idea but aren’t quite sure whether operating as a sole trader, a partnership or a limited company is the right way to go? Do you know how to choose and set up a system for maintaining the financial records of the business? Do you know if it would be beneficial to register for VAT from day one?
These can be daunting and difficult questions for a new business owner to answer and this is where we can offer assistance. Ensuring that you have the correct set up for your new business from its inception to help you be fully compliant with your accounting and tax obligations.

VAT

VAT is one of the most complicated and least understood of all the taxes and unfortunately this can often lead to businesses under or overpaying VAT.
We can prepare and submit monthly, quarterly or annual VAT returns using software which is compliant with Making Tax Digital for VAT as this is now mandatory for all VAT registered businesses.
We will review with you the suitability of different VAT accounting schemes for your business: cash basis, annual, flat rate scheme for example.

Bookkeeping

All businesses are required to keep accurate and adequate financial records. We can take the headache of this away from you, allowing you the time to dedicate to your business. We work on cloud accounting software to provide bookkeeping services to our clients.
We are a Xero Gold Partner and a FreeAgent Bronze partner and would be happy to talk to you about how using these softwares can help you and your business.

Private Landlords

If you rent out a residential or commercial property or have a furnished holiday let, we will work with you to prepare your property accounts and self-assessment return. This includes providing guidance on allowable expenses you can claim against your rental income.
We will complete the online filings with HMRC and tell you how much you must pay to HMRC and when to pay it. We will act as your agent with HMRC and be the point of contact and liaison with HMRC on your behalf.
And we are always on hand for any questions you have on your tax and property finances throughout the year.
Landlords will be impacted by Making Tax Digital for Income Tax Self-Assessment when it comes into force in April 2024. We can review this with you and help you get prepared for any changes that will be required to be fully compliant with the digital record keeping requirements and the quarterly reporting process.

Payroll

Running a payroll can be an administrative burden on a business with complications from auto enrolment, statutory leave and benefits in kind.
Be it a weekly, fortnightly or monthly payroll we can run this task for your business. Sending submissions to HMRC, emailing payslips to employees and letting you know how much to pay HMRC and when. We will also manage the auto enrolment process for the business ensuring staff are correctly enrolled and contributions are correctly calculated and deducted.

Management Accounts

Working with you to develop and issue a management accounts pack on a monthly or quarterly basis to help you monitor and better understand the performance of your business.

Company Secretarial

Looking to incorporate a new or existing business? We can assist with company formations and make the application to Companies House to register the company for you.
Existing companies have a duty to ensure the information held at Companies House is correct and up to date, we can file statutory documents and notices with Companies House to ensure that the public register is correct.

Budgeting

Robust financial forecasts and budgets are key to understanding the financial performance of a business and measuring its success.
We can work with you to help create a budget or a short/long term forecast for your business.

Contact Us

0161 243 5030
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