Commonly referred to as ‘Auto-enrolment’ and mandatory for all employers from 2018. This is a major change to how Pensions will be funded in future and will be costly to businesses as the employer will be a major contributor and will shoulder the costs and administrative burden of running the scheme.

Time is always of an essence for an Entrepreneur and not always can one afford to use it in ensuring compliance with the Companies Act. This is where we step in by making you aware as to how this legislation affects your company and providing you the following secretarial duties:

• company formations;
• preparation and filing of statutory returns;
• preparation of all documentation (such as minutes and resolutions);
• maintenance of statutory books (share register, minute book, etc);
• general advice on company law.

Anyone with a good business proposition who wishes to be an entrepreneur but is uncertain as to how best can they make their dream come true can reach out to us. As listed below, there are numerous factors daunting an entrepreneur and this is where our expertise come into play:

• decision on the most suitable structure for your business (i.e. sole trader, partnership or limited company);
• helping you with your business plan, cashflow projections, budgets and trading forecasts;
• assess your finance requirements and access the most appropriate source of finance;
• carry out registration procedures with Companies House and HM Revenue & Customs;
• set up an internal accounting system which complies with statutory requirements.

As per statutory guidelines, limited companies are required to prepare accounts that must be filed with Companies House in a statutory format. We ensure that your statutory accounts are prepared and filed with Companies House as per the statutory guidelines and within the statutory filling deadline. We are on top of any legislative changes regarding your bookkeeping obligations and can advise you on your individual requirements. We have invested heavily in approved software to ensure that we are leading the way in Cloud Accounting for our clients.

proudly claim of relieving you and your business of a significant burden by taking care of all your bookkeeping and accounting needs. This ranges from making use of our in-house bookkeeping bureau to the preparation of your annual accounts. We treat every business individually and tailor our approach to your requirements.

Besides the core bookkeeping, we can also maintain your VAT records, prepare your payroll and take on ad hoc projects to free up valuable time for your staff.

This always is a substantial cost to any profitable business, not only in terms of the tax itself but also in compliance with reporting obligations, investigations with tax authorities and penalties for non-compliance.

We can help you minimise your corporation tax payments by looking at the extensive range of strategies available and relieve you of any administrative burden of complying with tax legislation. We will deal with all business tax matters, including preparing income and/or corporation tax computations and preparing and submitting your partnership tax return or corporation tax self-assessment return.

Value added tax is one of the most complex tax areas to be imposed on businesses which encourages our experienced team to make it all as simple as possible for you to handle and understand.

Our efficient and cost-effective VAT service includes:

• Assistance with VAT registration;
• Advice on VAT planning and administration;
• Help with completing VAT returns;
• Processes put in place to avoid future issues with HMRC.

The VAT “goalposts” are constantly being moved as well as the ever changing stream of regulatory details. It is our expertise and expertly trained eyes that help you make sure you do not fall foul of these regulations and make sure you do not pay the chancellor any more than you need to!

With the ever increasing complexity of taxation and employment legislation, running your own payroll can be time consuming and complicated. Even if you only have a few employees, you will make savings by engaging us to administer your payroll as there is an increasing burden on business to comply with regulatory guidelines and non-compliance can lead to substantial penalties.

We can prepare payrolls for businesses with 2 to 200 staff.

Our service is comprehensive and confidential and includes:

• computer generated pay slips;
• administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc;
• completion of statutory forms (including year-end returns);
• summaries and analysis of staff costs;
• administration of incentive schemes, bonuses and ex-gratia termination payments;
• we are a Bacs Approved Bureau which allows us to submit payroll transactions through the BACS service.

You’ll need to register with HMRC to tell them you need to submit a Self-Assessment tax return. As per regulation, it is mandatory to register before the registration deadline after the end of each tax year where you are required to file a tax return.

The idea of Self-Assessment is that you are responsible for completing a tax return each year if you need to, and for paying any tax due for that tax year. It is your responsibility to tell HM Revenue & Customs (HMRC) if you think you need to complete a tax return.

We can help to relieve you of this and our expert team is just a call away!

Online accounting software to help you manage your business finances anywhere.

We work with Xero to provide our clients with an award winning software solution that partners perfectly with the personal, expert service that our accountants deliver.

Xero’s online accounting software is designed to make small business easier. See how we can help you take control of the numbers, so you can get back to what you do best.

Every business must plan ahead in order to ensure success, but it is too easy to succumb to the daily pressures of work and delay or ignore strategic planning.

Every business owner needs to invest time in developing a long-term plan, starting with what you want to achieve from your investment and what your reasons for being in business are, and then developing a plan to help achieve these objectives.

We can help you develop these plans using our experience and expertise. The financial aspects are usually the backbone to any business plan and you need to ensure that this aspect has been adequately dealt with in your plan.

During the COVID 19 pandemic we can help you on your eligibility for any available grant and filling up any relevant applications.