Prior to your year end
Does your accountant contact you before your year end?  If so, do they actually consider your individual circumstance and advise accordingly? 

We believe that the most important annual service an accountant can provide should be carried out two to three months before your year end.  By reviewing your financial and taxation position at this stage, action can be taken rather than figures simply reported back to you.  Year end planning may be as simple as considering pension provisions, ensuring discretionary purchases are made at the best time and looking at dividends and drawings.  There may be more significant opportunities such as incorporation of your business, preparing forecasts and reviewing your profitability.

Year end accounts
Of course one of the primary purposes of appointing an accountant is the preparation of your annual accounts. Like most accountants we will prepare accurate accounts and provide comments on them.  Unlike many firms we guarantee to provide your accounts to you within 20 working days of receiving the information.

If you have taken up our monthly or quarterly data review or management account service then not only do you know there will be no shocks in the system, you will also benefit from a discount of up to 30% of the fees (5% for each review in the financial year).

Our standard service is to provide the accounts in draft form with full comments and notes.  We then discuss these with you prior to finalising the figures.  Once you approve the figures we file the accounts on line. 

Self assessment tax returns
Self assessment returns are required for all companies, partnerships and individuals that are trading or have investment income.

Usually prepared alongside your annual accounts, we prepare your tax return using the latest industry standard software. Email communication and online filing smooth the whole process and your monthly email will ensure you always know your forthcoming tax liabilities.

We are keen that you should pay the minimum tax legally allowable.  All expenses and reliefs are claimed promptly and accurately ensuring you are never left with items to claim at a later date.

Payroll year ends and P11Ds
Online filing ensures that payroll year end is largely a mechanical exercise.  It is a good time to review employment status and formalise any arrangements that may be in place.

P11Ds are also straightforward so long as the issue of benefits and expense claims has been considered throughout the year.  We can prepare P11Ds from the information you provide and can assist in analysing your records to ensure everything is properly reported.  This is a good time to review your system to make sure the collation process next year will be as easy as possible.

Other services we provide on an annual basis include:
Letting accounts
Annual returns
Form 42
Advice on audit of a branch