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Accounting Services

If you are running a business whether it be a sole trader or a limited company you will need to prepare a set of accounts at the end of your accounting year.

Sole trader and partnership accounts will be needed to complete your self assessment tax return and as a limited company you will need to prepare accounts to submit to Companies House and HMRC,

We can prepare these accounts for you making sure that you are being as tax efficient as you can be and making sure that you are not claiming for things that you can’t claim for,

Taxation

Following of from completing the accounts comes calculating your personal tax liability if you are self employed or your corporation tax if you are a limited company.

We can calculate both personal and corporate tax making sure you are tax efficient and paying your liabilities on time to avoid interest and late payment penalties.

Bookkeeping & Accountancy

We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.

We work very closely with our clients in order to gain a full understanding of your business and how you run it. We have the capacity and flexibility to then tailor our approach to your needs in order to deliver the most appropriate service we can for you.

We use Xero as our inhouse cloud based software package to help you speed up the bookkeeping process giving you access to timely financial information.

We can also complete management accounts on a timely basis giving you timely information to make decisions on your business. Whether this be monthly, quarterly or six monthly the choice is yours.

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Recent posts

Government Targets £7.5 Billion in Unpaid Tax -Focus on Business Compliance

The government has announced plans to raise an additional £7.5 billion by stepping up efforts to close the tax gap - the difference between the tax HMRC expects to collect and what is actually paid. Figures published on 19 June show that £46.8 billion in tax went unpaid in the 2023-24 tax year. That’s 5.3% […]

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Raft of tax administration measures announced - How will these affect businesses and employers?

James Murray, the Exchequer Secretary to the Treasury, made a Written Ministerial Statement that included a total of 39 tax simplification, administration and reform measures. Many measures are intended to reduce burdens on employers and small businesses, whereas others are designed to modernise H M Revenue & Customs (HMRC) systems and processes. Here are five […]

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Base rate cut to 4.5% - Is this the start of a run of cuts?

The Bank of England reduced their base rate to 4.5% last month, as had been widely expected in the days leading up to the decision. The decision was made by a 7-2 majority. The minority of two members were looking for the rate to be reduced to 4.25%. Could this suggest a run throughout 2025 […]

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Inflation falls to 2.5% | What this means for your business

Official figures released in January reveal that UK inflation fell slightly in December, down to 2.5% from 2.6% in November. While the drop is marginal, it has sparked discussion in the press as to whether this easing of inflation might prompt the Bank of England to consider cutting interest rates. At the same time, there […]

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