As you would expect from a firm of Chartered Accountants, we deal with annual and management accounts, tax returns, payrolls, VAT and more.
We also provide added value services that allow our clients to plan for the future and give business the freedom to grow and adapt the ever-changing business environment.
We are not mere processors, 'number crunchers' and 'form fillers' because we appreciate that every client is unique and will have a particular requirement at whatever level has been discussed and agreed.
More bespoke services might include regular visits to discuss topical issues, to review progress against plans and budgets, to help prepare those business plans with cash-flow forecasts, meeting with bankers to help maintain finance facilities or to liaise with other advisors.
We strive to go the extra mile for all of our clients.
We offer a comprehensive taxation service to individuals, sole traders and business partnerships.
We are proactive with clients and discuss relevant changes in legislation that can be utilised to advantage, such as the timing of fixed asset purchases, and the effect on the tax payable on total income.
We draw attention to the effect on tax liabilities of the changes in and potential recovery of State Benefits
Corporation Tax is levied on the profits of companies and certain parts of the income of clubs, associations, co-operatives, charities and other unincorporated bodies.
Companies are legally separate from their shareholders, directors and employees and there can be opportunities to shelter profits from higher personal taxes to pay pension premiums and to draw a mix of salary and dividend in different tax years to mitigate personal tax liabilities
Capital Gains Tax
All capital disposals, whether by sale or gift, are potentially liable for capital gains tax at 10%, 18% or 28%.
We attend to a wide variety of tax computations from investments and works of art to property and disposals of businesses.
We offer a review of assets and strategies to mitigate this tax
Every individual's circumstances are unique.
We offer a review that aims to identify methods of reducing the burden of Inheritance Tax while allowing an individual to maintain control over assets for as long as possible.
A net Estate after reliefs, principally those for business assets, and amounting to more than £325,000 is taxed at a rate of 40%.
Trusts / Estates
We specialise in Trusts and work closely with legal and financial advisers.
We discuss and explain the different types of Trust, their advantages, the tax benefits and whether they are appropriate and cost effective.
For compliance matters we attend to:
- Preparation of Trust and Estate accounts & Tax Returns
- All capital gains and inheritance tax matters affecting trusts
- Issuing of Certificates for beneficiaries
We offer a full range of bookkeeping services including VAT Returns and Payroll giving the peace of mind that everything that needs to be done has been done on time so that clients are able to concentrate on running their businesses.
We provide QuickBooks help and training but also support a wide variety of bookkeeping and software programmes.
Please ask a question using the form on our Contact Us tab, by using the free Click to Call or ringing our usual telephone number.