Our Financial
Services

Our comprehensive accounting services form the bedrock of sound financial management for your business. We go beyond basic number crunching, offering tailored solutions encompassing everything from meticulous bookkeeping and precise tax preparation (including Corporation Tax and Income Tax) to robust payroll processing and insightful financial reporting. Our experienced team stays abreast of the latest HMRC regulations and accounting standards, ensuring your business remains fully compliant while optimising your financial position. We provide strategic advice based on your financial data, helping you make informed decisions to drive growth, manage cash flow effectively, and achieve long-term stability. Trust us to handle the complexities of UK accounting, freeing you to concentrate on your core business operations with confidence.

Accurate and up-to-date bookkeeping is crucial for understanding your business's financial health and making informed decisions. Our bookkeeping services meticulously manage your day-to-day financial transactions, including recording income and expenditure, reconciling bank statements and supplier invoices ('in and out bills'), and maintaining organised lists of customers (debtors) and suppliers (creditors). We ensure your records are consistently accurate, providing a clear picture of your cash flow and profitability. This essential service not only aids internal management but also ensures you have the necessary documentation ready for annual accounts preparation and tax filings, preventing potential errors and penalties. We can work with various bookkeeping software, including cloud-based platforms, for maximum efficiency and accessibility.

Preparing and filing annual accounts is a legal requirement for limited companies and Limited Liability Partnerships (LLPs) in the UK, and essential for sole traders and partnerships to calculate tax liabilities. Our service ensures your annual accounts are prepared accurately and in accordance with relevant accounting standards (like FRS 102 or FRS 105 for smaller entities) and Companies House requirements. These accounts typically include a balance sheet, profit and loss statement, and accompanying notes, providing a formal record of your business's financial performance and position over the year. We ensure timely submission to avoid penalties, presenting your financial information clearly to stakeholders like HMRC, banks, and potential investors, bolstering transparency and credibility.

Navigating the Self Assessment tax system can be complex and time-consuming, especially for sole traders, company directors, landlords, or individuals with multiple income streams. We simplify this process by handling all the necessary paperwork for your tax return. Our service includes accurately calculating your tax liability, identifying all allowable expenses to minimise your tax bill, and ensuring timely electronic submission to HMRC before the deadline (typically 31st January). We manage all communications with HMRC on your behalf regarding your Self Assessment, addressing queries and ensuring compliance. Avoid the stress and potential penalties associated with incorrect or late filings by letting our experts manage your personal tax obligations efficiently.

Are you potentially paying too much tax? Many individuals in the UK are entitled to a tax refund but may not realise it. Our dedicated tax refund service helps you identify and reclaim any overpaid Income Tax or CIS deductions from HMRC, potentially going back several tax years. Common reasons for refunds include being placed on an incorrect PAYE tax code by an employer, not working for the full tax year, incurring work-related expenses that weren't claimed, or operating under the Construction Industry Scheme (CIS) as a subcontractor. We manage the entire claim process, from assessing your eligibility to liaising with HMRC to secure your rebate efficiently. Let us help you get back the money you're rightfully owed.

VAT compliance is a critical area for many UK businesses. If your turnover exceeds the current VAT threshold, registration is mandatory. We guide you through the entire VAT lifecycle, starting with assessing whether you need to register and assisting with the online registration process to obtain your VAT number. We provide expert consultation on VAT-related issues, including understanding different VAT schemes (Standard, Flat Rate, Cash Accounting), ensuring correct VAT charges on your sales, and reclaiming VAT on your purchases. We prepare and submit your VAT returns accurately and on time, adhering to Making Tax Digital (MTD) requirements. Our proactive approach helps you manage VAT efficiently, avoid penalties, and maintain compliance with HMRC regulations.

The UK's system of state benefits and tax credits can provide vital financial support, but navigating the application processes can often be complex and daunting. We offer consulting and practical assistance in preparing the necessary documentation for various forms of financial support. Whether it's understanding eligibility criteria, gathering the required evidence, or completing application forms for schemes like Universal Credit, Pension Credit, or other relevant benefits, our team provides clear guidance. We aim to simplify the process, ensuring your applications are accurate and complete, maximising your chances of receiving the financial support you are entitled to in a timely manner.

The UK's system of state benefits and tax credits can provide vital financial support, but navigating the application processes can often be complex and daunting. We offer consulting and practical assistance in preparing the necessary documentation for various forms of financial support. Whether it's understanding eligibility criteria, gathering the required evidence, or completing application forms for schemes like Universal Credit, Pension Credit, or other relevant benefits, our team provides clear guidance. We aim to simplify the process, ensuring your applications are accurate and complete, maximising your chances of receiving the financial support you are entitled to in a timely manner.

Operating as a self-employed individual (sole trader) offers flexibility but comes with specific administrative and tax responsibilities. We provide comprehensive support tailored to the needs of the self-employed. Our services start with assistance in registering your business correctly with HMRC. We then help you establish robust record-keeping practices essential for tracking income and expenses. We provide ongoing accounting support throughout the year and prepare your annual Self Assessment tax return, ensuring you claim all eligible expenses to accurately calculate your Income Tax and National Insurance contributions. We guide you through compliance requirements, helping you manage your finances effectively and allowing you to focus on running your business.

Establishing a new company requires careful planning and adherence to specific legal procedures. We specialise in company formation services both in the UK (Private Limited Companies - Ltd) and Estonia (Private Limited Company - OÜ), offering a complete package to get your business operational smoothly. Our service includes registering your company name, preparing and filing incorporation documents with Companies House (UK) or the Estonian Business Register, providing a registered legal address if required, advising on and assisting with obtaining necessary licenses, and securing an apostille for official documents for international use. We handle the administrative burden, ensuring a seamless setup whether you're establishing a UK base or leveraging Estonia's e-Residency programme for a European presence.

The Construction Industry Scheme (CIS) imposes specific tax rules on payments within the UK construction industry. We offer specialised accounting services for both contractors and subcontractors operating under CIS. For contractors, we ensure you correctly verify subcontractors with HMRC, apply the right deduction rates (0%, 20%, or 30%), provide accurate payment and deduction statements, and submit timely monthly returns to HMRC. For subcontractors, we help ensure you're registered correctly, manage your deductions, and crucially, assist in reclaiming any overpaid tax through your Self Assessment or company tax return. Our expertise ensures full compliance with complex CIS regulations, minimizing risks and administrative burdens.

Managing payroll accurately and on time is essential for maintaining employee morale and complying with HMRC regulations. Our comprehensive payroll service handles all aspects of paying your staff. This includes calculating gross pay, deducting Income Tax (PAYE), National Insurance contributions, student loan repayments, and pension contributions. We ensure compliance with Real Time Information (RTI) requirements by submitting payroll data to HMRC on or before each payday. We provide clear payslips for your employees and handle year-end reporting, including P60s. Furthermore, we manage auto-enrolment pension duties, ensuring your workplace pension scheme is administered correctly. Outsourcing payroll saves you time and reduces the risk of costly errors.