Annual Accounts and Tax Returns for all Business Types and Charities
All businesses are required to complete annual accounts. We prepare your business’ accounts from your records, to ensure that the accounts are fully compliant and that we are reducing your tax bill as far as is legally possible. We have a duty to keep up with all legislation changes, and file all your accounts and tax returns online, ensuring that we are efficient and on the ball. We also make sure that you understand your accounts and what they mean (without using boring jargon).
Management Accounting, Cashflows and Forecasts
There are many reasons why you may need management accounts, cashflows and forecasts, not only to assist you in growing your business, but you might also need these reports for funding applications. Sharon can guide you through this process, with the end result being information you can rely on when planning how your business will progress, with Sharon as part of your team.
Profitability Advice and Tax Planning
Wherever we see ways were you could save money or tax we will tell you. The beauty of getting your accounts set up on Xero is that at any point we can log in and review your financial data, so we encourage discussions before your year-end to see where we can save you tax (it’s often too late to make any tax savings once your year end has passed). Where relevant we will introduce you to Kevin Morris, our independent financial advisor, who is able to advise on clever financial planning that will further limit your tax bill.
VAT, PAYE and Book-keeping services
We can run your payroll for you, taking the worry out of your hands, and can recommend great book-keepers to help with day-to-day record-keeping and VAT. If you like, we can check through your VAT workings before submitting your VAT return online for you.
Business Start-Up Planning and Support
We can advise on the best way to set up your business, and can point you in the right direction with what needs to be done.
Creating or Improving Accounting/Book-keeping Systems
There is no set way of keeping your records, but certain things must be recorded, such as all business income and expenditure. We provide tailored advice to get you set up properly, depending on your needs and your preferred way of keeping your records.
Access to Independent Financial Advice and Funding Opportunities
We are not regulated to give Financial Advice, but we work closely with Kevin Morris, our Independent Financial Advisor, to identify the best policies or investments for you, depending on your needs and income levels. We may be able to identify funding opportunities for you, and can assist with funding applications.