Our work in this respect does more than quantify tax liabilities. Accurate figures in your accounts are important to help with:

• Strategic planning.
• Identification of opportunities for growth and cost minimisation.
• Assistance to establish how your business is performing.
• Tax planning and mitigation.

We provide the right information to help sole traders, partners and directors make the right decision to sustain growth. Naturally, this also involves the preparation of accurate accounts, business tax computations and personal tax returns.

Depending on the client’s need, we could prepare management accounts and statutory accounts from the figures provided or we could do the beekeeping on their behalf.

Sole traders

Some businesses still choose to operate as a sole trader for many reasons. For these businesses we help prepare business accounts and personal tax computations. We will also advise on whether this structure is best suited to achieve the owner’s objectives.

Companies

Companies of different size will have different requirements. The requirements of a start up would differ to that of a small established company and that of a small company would differ to that of a medium sized one.

Our service is tailored to provide an efficient and effective service to a start up company and this service is adapted to the changing needs of the company as it grows.

Partnerships

Partnerships could be informal unlimited liability arrangements to limited partnerships and limited liability partnerships. Our work in this respect includes:

• Advice on partnership structures best suited to help achieve the strategic goals of the partners.
• Working with the individual partners to help them enjoy the benefit of the partnership success.
• Introducing and retirement of new partners.
• Preparation of the partnership’s accounts and individual partner’s personal tax returns.