Sussex: 01903 201940
Surrey:  01737 847779

Accounts Preparation

We prepare annual accounts for sole trader, limited company and partnership clients and deal with all resulting taxation matters. We can also prepare interim and management accounts as required for greater financial control.

Self-Assessment

There are several reasons why you need to submit a tax return to HMRC, whether on an individual or partnership basis. If you need to do so, we will ensure that you submit your tax returns on time and that they are completed accurately. We will work with you to complete returns, offering tax planning advice and support where appropriate, to minimise tax liabilities and ensure that you report and pay any liability in as timely a manner as possible.

Corporation Tax

Corporation Tax in the UK is calculated based on a company’s taxable profits. Certain reliefs and exemptions may apply which will affect the final liability. We will work with you to complete the returns and meet all deadlines, offering tax planning advice where appropriate, to minimise tax liabilities and ensure that you report and pay any liability in as timely a manner as possible.

Bookkeeping

Effective bookkeeping is essential to keep control of the finances in your business. Companies in the UK must keep accurate records of all financial transactions, including sales invoices, purchase invoices, and expense payments, and ensure that these records reconcile with bank statements. We can discuss your requirements and build a package to suit your exact needs, including set up of digital bookkeeping solutions, such as Xero, as required.

Payroll

We can look after all aspects of payroll for you to ensure that salary payments are correct – considering any factors such as statutory sick or maternity pay – and that the deduction of taxes and NI and pension contributions are accurate.

VAT

We will ensure that all HMRC’s tricky VAT obligations are adhered to and managed correctly, preparing and submitting monthly or quarterly VAT returns, as appropriate. If you have any concerns over your VAT reporting and payments, do get in touch ASAP and we will be happy to help.

Budgeting

We can assist with your business budgeting, either on an ad hoc or more regular basis to assist you with financial control. This involves forecasting your income and allocating your financial resources and expenditure in line with your business objectives.

Cashflow Forecasting

We can assist with preparation of cashflow forecasts to help you manage your cashflow effectively. We can work with you to identify any potential cashflow hurdles, and develop the strategies needed to deal with them. We will also help you plan for time-critical payments such as salaries, VAT, PAYE & NI.

Management Reporting & Accounts

We can provide a full management reporting service, whether on a monthly, quarterly, or annual basis. Reviewing management reports regularly enables you to review your financial performance against your budgets and forecasts, keep a tighter handle on costs and evaluate business performance.

Making Tax Digital

The world of accounting is changing, and more information is required to be submitted digitally. We will help you manage all your digital obligations.

Cloud Accounting

Implementation of cloud accounting packages can be very beneficial, as they enable real time financial information which allows you to make more informed decisions about your business. There are other benefits, and we would be happy to support you in selecting and implementing the right software solution.

Capital Gains Tax

Capital Gains Tax (CGT) in the UK is a tax on the profit made when you sell or dispose of an asset that has increased in value. We deal with all aspects of Capital Gains Tax including the disposal of shares and securities and land and buildings. The rate of CGT depends on your income and the type of asset sold and we can assist in the calculation and reporting of any liabilities.

Start-ups/Company Set-up

We can assist you with selecting the most suitable business structure (such as sole trader, partnership, or limited company), registering your business with Companies House and HM Revenue and Customs (HMRC) and obtaining necessary licenses and permits depending on your industry. We can also provide advice on setting up a business bank account and establish accounting procedures.

Company Secretarial

We understand that no two limited companies are the same. Whether you are a start-up, young company or more established business, we offer the full range of company secretarial services, from filing annual returns to ensuring all board decisions are properly documented.

Registered Office Service

We can provide registered office services.