Our Services
Accounting & Bookkeeping
All businesses are required to prepare annual accounts and if deadlines are not met you could be liable for significant penalties. There is a need to produce accounts for a variety of organizations including; Companies House, HMRC, Lenders and potential purchasers. We can prepare your year end statutory accounts which will enable you to devote more time to your business and help you identify potential tax liabilities, plan cash flow and manage working capital for the future.
In addition to the preparation of annual accounts, we can assist with the preparation of regular management accounts. These provide up to date information on profitability and margins, and serve as an important tool in the operational control of the business which allows corrective actions to be taken where necessary. Management accounts can also be submitted to banks, lenders and even credit rating agencies to improve the overall status of the business and are extremely useful in establishing and maintaining business confidence, and possibly more favourable credit terms.
Accounting & Bookkeeping
All businesses are required to prepare annual accounts and if deadlines are not met you could be liable for significant penalties. There is a need to produce accounts for a variety of organizations including; Companies House, HMRC, Lenders and potential purchasers. We can prepare your year end statutory accounts which will enable you to devote more time to your business and help you identify potential tax liabilities, plan cash flow and manage working capital for the future.
In addition to the preparation of annual accounts, we can assist with the preparation of regular management accounts. These provide up to date information on profitability and margins, and serve as an important tool in the operational control of the business which allows corrective actions to be taken where necessary. Management accounts can also be submitted to banks, lenders and even credit rating agencies to improve the overall status of the business and are extremely useful in establishing and maintaining business confidence, and possibly more favourable credit terms.
Business Start-Ups
The more consideration and planning that is put into a business at the start, the greater its chance of achieving its objectives and sustainability. There are a number of legal entities that a business can take: Limited company, Sole Trader, Partnership and Limited Liability Partnership. Each of these entities have both advantages and disadvantages but we will advise you on which is the most appropriate for your needs and circumstances.
Although we can set up your business in any form required, it is important that consideration is given to a number of issues such as shareholdings, shareholder/partnership agreements, partnership shares, service agreements, remuneration packages etc. It may also be appropriate to discuss the benefits of employment versus self-employment.
Crucial to any organisation are robust foundations in terms of objectives, strategy and mutual understanding of responsibilities and expectations. This is a stage at which business plans, forecasts and corporate structure can be discussed and the most appropriate solutions agreed.
Business Start-Ups
The more consideration and planning that is put into a business at the start, the greater its chance of achieving its objectives and sustainability. There are a number of legal entities that a business can take: Limited company, Sole Trader, Partnership and Limited Liability Partnership. Each of these entities have both advantages and disadvantages but we will advise you on which is the most appropriate for your needs and circumstances.
Although we can set up your business in any form required, it is important that consideration is given to a number of issues such as shareholdings, shareholder/partnership agreements, partnership shares, service agreements, remuneration packages etc. It may also be appropriate to discuss the benefits of employment versus self-employment.
Crucial to any organisation are robust foundations in terms of objectives, strategy and mutual understanding of responsibilities and expectations. This is a stage at which business plans, forecasts and corporate structure can be discussed and the most appropriate solutions agreed.
Tax Planning (Corporate & Personal)
Tax and VAT is a part of everyone’s life and is something all our clients must consider, whether they are a business or individual. At Accountax we have an experience tax department which guarantees continuity, experience and results.
Our experienced team has extensive knowledge to support businesses in a variety of sectors and work closely with our clients in order to plan for the present and the future. Whilst minimising tax liabilities is important, we consider the wider picture and look at tax planning issues alongside commercial reality and the practicalities of life.
Our areas of expertise include:
- Tax Returns
- Tax Investigations
- Research and Development
- VAT Services
- International Tax
- Corporate Tax
- Personal Tax
- Inheritance Tax
- Transaction Tax
- Tax Planning
Tax Planning (Corporate & Personal)
Tax and VAT is a part of everyone’s life and is something all our clients must consider, whether they are a business or individual. At Accountax we have an experience tax department which guarantees continuity, experience and results.
Our experienced team has extensive knowledge to support businesses in a variety of sectors and work closely with our clients in order to plan for the present and the future. Whilst minimising tax liabilities is important, we consider the wider picture and look at tax planning issues alongside commercial reality and the practicalities of life.
Our areas of expertise include:
- Tax Returns
- Tax Investigations
- Research and Development
- VAT Services
- International Tax
- Corporate Tax
- Personal Tax
- Inheritance Tax
- Transaction Tax
- Tax Planning
Company Secretarial
We offer a number of company secretarial services:
- People with Significant Control (PSC) Register
- Company formation
- Provision of Registered Office facilities
- Changes in Company Officers
- Company searches
- Amendments to Memorandum and Articles of Association
- Restructuring of Share Capital
Company Secretarial
We offer a number of company secretarial services:
- People with Significant Control (PSC) Register
- Company formation
- Provision of Registered Office facilities
- Changes in Company Officers
- Company searches
- Amendments to Memorandum and Articles of Association
- Restructuring of Share Capital
VAT
VAT is a complex tax affecting businesses in the UK. VAT (Value Added Tax) is a type of consumption tax placed on a product whenever the value is added either at a stage of production or at the point of retail sale. It is the responsibility of the taxpayer to ensure they are accounting for the right tax at the right time. Inspections are conducted at varying intervals by HMRC, identifying an unpaid VAT error can raise an assessment, leading back four years or more with interest and penalties.
Forefront Associates provides all VAT related services ranging from VAT registration to the solving of disputes in filing returns.
- Monthly VAT returns
- VAT advice
- VAT planning
- VAT registration
VAT
VAT is a complex tax affecting businesses in the UK. VAT (Value Added Tax) is a type of consumption tax placed on a product whenever the value is added either at a stage of production or at the point of retail sale. It is the responsibility of the taxpayer to ensure they are accounting for the right tax at the right time. Inspections are conducted at varying intervals by HMRC, identifying an unpaid VAT error can raise an assessment, leading back four years or more with interest and penalties.
Forefront Associates provides all VAT related services ranging from VAT registration to the solving of disputes in filing returns.
- Monthly VAT returns
- VAT advice
- VAT planning
- VAT registration
Payroll
We have a dedicated payroll department which provides all the advantages of an in-house payroll department but none of the associated costs or requirements to keep up to date with legislative changes.
Our experienced team are suitably qualified and fully aware of all the changes in payroll related legislation and compliance, including the CIS scheme.
As well as providing all the expected payroll functions, such as payslips, online filing, SSP and SMP processing, etc., we are a BACS approved bureau which enables us to make payments directly to staff, HMRC, Pension Providers and other third parties.
Payroll
We have a dedicated payroll department which provides all the advantages of an in-house payroll department but none of the associated costs or requirements to keep up to date with legislative changes.
Our experienced team are suitably qualified and fully aware of all the changes in payroll related legislation and compliance, including the CIS scheme.
As well as providing all the expected payroll functions, such as payslips, online filing, SSP and SMP processing, etc., we are a BACS approved bureau which enables us to make payments directly to staff, HMRC, Pension Providers and other third parties.