Services
Accountancy
The purpose of accounting and bookkeeping is to help the owner-manager manage their business, provide a clear picture of financial performance and ensure correct tax reporting to HMRC or Companies House.
We will remind you about filing deadlines and take care of bookkeeping, payroll, CIS, VAT and statutory accounts. Tools that we provide make communication between us smooth, and time spent on supplying records by you is minimal.
In addition, we take a proactive approach. If we spot something you can do differently to save you time and money, we’ll let you know before you ask or think about it.
Taxation
Taxation jargon is complex, but we speak the language of taxes.
We understand rules and regulations, and we will make sure you will too. Nevertheless, it is your responsibility to ensure that tax returns are filed correctly, on time, and prepared in a manner that minimizes risks.
Working with professionals can also help you maximize deductions, implement practical tax planning solutions, and anticipate tax issues. Communication is key.
As they come to our attention, we will inform you of changes to tax regulations, tax issues, opportunities, or better ways of doing business.
Consultancy
Most of our clients are successful start-ups, so we know what it takes to get the financial side of your business off to a good start.
First, we will set up efficient accounting procedures and coach your employees and staff on their role in keeping those procedures on track.
Next, we will compile reports and projections of revenues and expenses to keep your shareholders and bank informed of your business performance. We then apply financial planning techniques to help get your business to where it wants it to be.
Finally, we will set a budget based on your financials, and business goals. Then, we will monitor and compare your actual numbers to what we budgeted through forecasting.
Industries We Serve
Landlords
Property tax is an area that HMRC are taking a keen interest in, and with the recent changes in taxation on rental properties, it's essential to get things right.
From renting out a single room in your home to a whole portfolio of properties, we can help you manage your accounts and keep you compliant with HMRC at all times.
Construction
As a Contractor, you have additional reporting duties (CIS returns, subcontractor’s verification), and we can take care of it. Managing projects requires accurate management accounting, and we can certainly assist.
As a subcontractor, you will usually have large sums of tax deducted under the Construction Industry Scheme (CIS). Therefore, it can often be more than the total tax bill for that year, meaning you are entitled to a refund once the tax return is submitted.
E-commerce
E-commerce often involves a large volume of transactions on PayPal, Amazon, Shopify and other platforms.
We are experienced in this and we can connect our accounting system to your external applications for automated data exchange. This will significantly help to reconcile the difference in accounts and points of sale.
In addition, it gives you more time to focus on what you enjoy doing most.
Wellness
We work with beauty therapists, hairdressers, medical professionals, fitness instructors and coaches.
These are often service-intensive industries with relatively low costs, so we are looking at the best ways to utilize reliefs and allowances available during the year.
Let's Do It Together
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