Accounting and Tax
We offer a fast, efficient and cost-effective service. We prefer to work in the Xero environment which allows us to integrate your accounting ledgers with software that produces year-end accounts and tax returns in a seamless automated manner.
We prepare Year End Statutory Accounts and look after Companies House filings. We aim to keep your business compliant with the minimum of fuss.
We take care of the Annual Tax computations and HMRC submissions. We aim to make sure you adhere to all the deadlines while paying the right amount of tax after taking advantage of all available reliefs.
We are a Xero Certified Partner
Cloud Accounting
Cloud Accounting is now the norm for SME’s and offers many benefits:
- Access to your Accounts from any location
- In built resilience for business continuity
- Easy collaboration with own staff and advisors.
- Automatic bank feeds
- Eco-system of Apps for improved functionality at a fraction of the cost of traditional systems.
Saving Time & Cost
Accounting Automation
Using technology to automate routine accounting and saving time and cost in the process.
We can provide systems to automate data capture, approvals and authorisations, expenses, payments, multi-currency transactions and much more.
Payroll and HR
We offer a fast and efficient payroll service for all your payroll needs. Our system is cloud based and integrates with Xero. We can manage compliance with HMRC and pension auto-enrollment. We can provide all the essential employee documentation, pay slips, P60s and P11Ds in a seamless and automated manner.
We partner with SafeHR who can provide help with a range of employment related compliance issues and unlimited HR support from a HR expert.
Research & Development Tax Credits
R&D tax credits are a tax relief designed to encourage greater R&D spending, leading in turn to greater investment in innovation. They work by either reducing a company’s liability to corporation tax or by making a payment to the company in a loss making situation. The landscape on R&D has changed significantly recently making it vitally important that R&D claims are fully compliant with the regulations and stand up to increased scrutiny. We offer a bespoke service for a fixed fee. We do not subscribe to the % fee calculated on the claim amount model offered by most specialist R&D companies. We provide clear and impartial advice and bring several years of expertise and experience in dealing with your R&D claims.
An extensive range of funding options
Funding
Does your business need finance for working capital or capital expenditure? We can help with funding applications and negotiating terms. We have access to an extensive range of funding options. We also advise on start-up and early stage investment funding including Seed Enterprise Investment Scheme (SEIS) and the Enterprise Investment Scheme (EIS).
Share Schemes and Employee Incentives
If you need to set up share schemes for management or employees we can assist with the scheme structure and obtaining the necessary HMRC approvals.
The most popular share scheme is the Enterprise Management Incentive (EMI), is a tax-advantageous share options scheme. It is mainly used by small to mid-sized UK businesses looking to share their successes with their team as their company grows.
If you’re sharing ownership with your employees, an EMI share scheme makes a lot of sense because of its tax efficiency. EMI options schemes are relatively flexible and give the ability to set conditions for recipients, including performance or length-of-service milestones.
We have set up a number of these schemes and deal with all the administration aspects including getting HMRC approval for share valuations, setting up scheme rules and option agreements, dealing with scheme roll out and employee engagement and managing the HMRC reporting obligations.
Cash Flow & Working Capital
Profit is important but cash is king! We can provide systems and support to monitor and improve your cash flow.
We can assist with:
- Payment Controls
- Credit Control
- Cash Forecasting
- Funding Applications
