Planning Ahead ...
Personal tax planning -
We will carry out a personal tax planning review in February to ensure you are aware of any opportunities to minimise your personal tax liabilities. Action taken here will allow us to proactively plan for your wealth creation strategies utilising your retained after tax profits.
Business tax planning -
We will carry out a detailed tax planning review two months before your accounting year-end to ensure you are aware of any opportunities to minimise your tax liabilities. Action taken here will allow us to proactively plan for your wealth creation strategies utilising your retained after tax profits.
Company car planning -
We will carry out a planning exercise each time you consider buying a new vehicle to ensure you are aware of the most appropriate method of finance and the minimisation of tax liabilities.
Preparation Of VAT Returns ...
Provision of bookkeeping services, including reconciliation of bank and cash accounts, and where applicable Sales/Purchase ledgers, wage/paye/vat control accounts.
Preparation of VAT returns -
Preparation of your quarterly VAT returns.
Forms P11d -
Preparation of forms P11d for certain expenses and benefits, as well as calculation of any National Insurance liabilities.
Company Secretarial Work -
Dealing with all company secretarial work including writing up and maintaining the Company Register and the Share Register, preparing the Confirmation Statement and all statutory forms for filing at Companies House, for example appointment and resignation of company directors.
All Things Tax ...
Tax efficient remuneration packages -
We will advise you on the most tax efficient remuneration packages.
Self assessment tax returns -
Preparation of your self-assessment tax return[s], calculating your tax liabilities and advising on the payments of tax.
Pre-screening of accounts -
Before your accounts and returns are submitted to the Revenue we will carry out a pre-screening exercise using tax investigations software to identify any areas which may cause the Inland Revenue to select you for enquiry. This will enable us to resolve these issues before submission and minimise the chances of an enquiry.
Quarterly management accounts -
We will prepare management accounts from your accounting records, including graphical and ratio analysis.
Business valuation -
We will carry out a commercial valuation of your business using our Business Valuation software.
12 month cash flow and profit forecast -
We will prepare a 12-month cash flow and profit and loss forecasts, broken down month by month. This will be in a format suitable for presentation to your bank manager.
Professional Fee Protection -
Insurance against the cost of investigation. You will be covered by our scheme - in the event of a full enquiry we will be able to deal with this for you promptly and our fees will be met by the insurance company.
Health Checks ...
PAYE healthcheck -
We will review your PAYE records to ensure that you are complying with all the requirements. This will minimise the risk of penalties and interest from any subsequent visit from the Inland Revenue or Contributions Agency.
VAT healthcheck -
We will review your VAT records to ensure that you are complying with the VAT requirements. This will minimise the risk of penalties and interest from any subsequent visit from H M Customs & Excise.
Additional services we offer include
- A Business Builder Review
- Financial Performance Review
- Report on the Accounting Systems
- Business Builder Forum
- Benchmarking review
- The Making It Happen programme
- The Business Edge programme