So what can I offer you?
Quite simply, a “one stop shop” for all small and medium business accounting and tax needs, from “cradle to grave”, from start-up, through to maturity and ultimate sale or closure. It’s what I’ve been doing for the last thirty years!
My core service for all clients is preparing and submitting your annual business accounts and self assessment tax returns (income tax for sole traders & partnerships and corporation tax for limited companies).
For start-ups or growing businesses, I can also provide management accounting services, such as preparation of projections and forecasts, preparation of monthly or quarterly management accounts, setting up accounting systems, stock control systems, product/service costing, etc.
Book-keeping, data entry, accounting administration, VAT, Payroll, etc.
If you are happy to do your own invoicing, book-keeping, VAT returns or payroll, that’s fair enough, but I can help you when needed, or when things change.
But if you don’t have the time, ability or inclination, then we can also take some or all of those burdens from you. You can do whatever you want to do and we’ll do the rest. Some clients want us to do everything, right down to creating invoices and filing their paperwork – that’s fine. Other’s are happy to do their own basic book-keeping, but want us to prepare and submit their VAT returns or payroll – again, that’s fine.
We can do as much or as little as you want. In business, it makes sense for the business owner to concentrate on what they do best, usually growing their business, rather than spending valuable time googling for the latest tax law changes or trying to work out why their bank reconciliation doesn’t balance!
As well as looking back on past figures, we can also help you by looking ahead and planning your tax and business for profit maximisation and tax minimisation over a longer time frame.
Tax planning (reducing future tax bills) is very important as decisions made today may impact your tax liabilities several years ahead – you don’t have a time machine, so can’t change or back-date decisions made without understanding their implications! Tax planning is important for most taxes, especially Capital Gains tax and Inheritance tax which most people don’t tend to think about until it’s too late!
Business planning (increasing future profits or business value) is also very important. Without knowing your figures inside out, you are unlikely to make the right business decisions. Knowing which clients and/or products make the most profit enable you to concentrate on what will make your business grow. If you are planning to sell your business, there are methods to increase it’s attraction to potential buyers – turnover and profit is important, but other factors can make the difference in selling price too, such as having good systems in place.
Contact me for more details of my services.