Self Employed

Accounts
Most people would agree, their chief motivation for being in business is to make money. Yet many businesses have no real idea from year to year how much money they are making, or where they are losing money. We can prepare detailed accounts which work as an invaluable business tool allowing you to:

• Make year on year sales, expense, Gross and Net Profit comparisons
• Identify areas in which to increase efficiencies in your business
• Compare results against industry averages

We don't want to just prepare your accounts, we want to help you understand them and use them to understand how best to run your business. Think of us as the financial director you would like to employ to set you in the right direction.

Tax
Every business is obliged to maintain proper financial records and to report their income and expenditure to HMRC each year in order to calculate their tax liability.

Without professional advice, many businesses do not have a full appreciation of exactly what they can or cannot claim as a tax deductible expense.

We can help ensure your records stand up to scrutiny by HMRC, whilst using our technical knowledge to prevent you paying more tax than you need to and keeping you up to date with constantly changing legislation and how it can work in your favour.

Payroll Services
Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. The task is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.

We can relieve you of this burden by providing a comprehensive and confidential payroll service, including:

• Customised payslips
• Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
• Completion of statutory forms, including year end returns.
• Summaries and analyses of staff costs
• Administration of incentive schemes, bonuses, and ex-gratia and termination payments

Even if you have only a few employees, you could make savings by engaging us to administer payroll.