Our Support Services
There is no reason to pay more tax than you have to. By carefully arranging your affairs you can legally reduce your taxation liabilities.
With our expert advice and our detailed knowledge of your business, we are ideally placed to identify tax planning opportunities and take steps to minimise your tax bills. When we work with you, we build into our service a focus on identifying allowances, reliefs and other tax-saving opportunities to help you and your business operate in the most financially effective way.
Regular management accounts provide key financial information allowing you to monitor and improve your business performance and help you to make the right decisions.
We take the ‘raw data’ and process it to generate management accounts in a format to meet your requirements. Your management information will be backed up by on-going support to help you interpret the data and use it to your best advantage so that you fully understand your results, your financial position and the implications and any action you may need to consider.
There are many ways to start out in business e.g. sole trader, partnership or limited company. Good advice can reduce tax payments and protect you personally.
There are many things to think about, which mostly need considering within a short time frame. e.g.
Registration for VAT
Advising on VAT registration, PAYE and National Insurance
Providing practical advice on starting and running a small business
Minimising tax payments
Assisting with accounting records systems
Should you decide to trade as a limited company you must set it up as a separate legal entity in its own right at Companies House.
We will prepare a ready to use limited company in a day or two. We will check whether your chosen trading name is available.
Sage 50 Software
Sage 50 Accounting and Sage 50 Payroll is market leading desktop software for UK small businesses from a FTSE100 company. Making sure you make the most of your software investment is important.
We can source, implement, setup and provide training tailored to your specific needs on Sage 50 Accounting and Payroll software.
By having support you can ensure your accounting data is better maintained leading to better quality management information and cheaper year end accounts preparation.
The likelihood of you, or your business, being investigated by the tax authorities is higher today than ever before. You don't have to have done any wrong to get a tax enquiry. Should you be investigated, you may incur significant professional fees.
Other employees, defined as non-eligible workers and entitled workers still have a right to opt in or join a pension scheme and in some circumstances the employer must also contribute. These are employee earning less than £10,000 pa or aged outside of the above limits but still between 16 and 75.
Auto enrolment, workplace pensions and running a payroll are all interlinked. We provide a seamless solution to ensure that you comply with the rules as you approach your staging date and thereafter.
In an era of ever more business being conducted online, one of our defining features is that we still make ourselves available to our small business and personal clients that simply just want to meet and talk through any issues that they may have.
We never try to be like the big firms of KPMG, Pricewaterhouse Coopers, Ernst & Young, Deloitte or Grant Thornton.
We believe as an independent firm of Leeds Accountants that the personal service you receive from us is more valuable than specialist knowledge.
A qualified accountant will be your primary and only point of contact with us. We don't use juniors, part-qualified or trainees. This ensures that that we exercise 'joined-up thinking' with respect to all of your accounting, taxation, VAT planning etc.