If you feel it’s time for a fresh approach to your business finances, please get in touch. Switching accountants is easier than you might think and can be done at any time of the year, without any tax implications. Call us on 01245 258 689 to discuss your needs and we can help guide you through the process.

Yes – we use Xero software, the market leader in Making Tax Digital compliant software. To avoid any stress or worry in setting up a new digital system, contact us today to find out how we ensure your accounts are fully compliant, from setting up the software on your behalf to providing comprehensive training. See more information here or search our blog for up to date industry news.

Absolutely. You will be introduced to your dedicated account manager who will be available to deal with any queries by phone or email. We deal with all enquiries within 24 hours so please do get in touch with any queries as they arise.

Registering as self-employed is straightforward and covers both income tax and National Insurance contributions. If you haven’t registered as self-employed before, you need to register online by creating an HMRC online account. Once you’ve received your user ID and set your password, you simply log back into the account and select ‘Add a tax’ and then ‘Self assessment’. HMRC will then lead you through a series of questions and confirm your identity before issuing your UTR (unique tax reference) by post. From then on, you’ll need to complete your yearly self-assessment tax return for HMRC. We would advise you get an accountant from day one, to ensure your return is complete and includes all available allowances. We’ll make sure that your SA is filed on time, every time, and provide help and advice throughout your self-employed journey. Call us on 01245 258 689 or email  [email protected] for more information.

There are lots of factors to consider when deciding on the best company structure, from the industry you operate in, to the tax implications of each.

If you’re about to incorporate a Limited company or are considering switching from sole trader to Limited then please speak to us first on 01245 258 689 or email [email protected] and we can talk you through the options.

If you have submitted a self-assessment tax return showing an overpayment of tax, HMRC will process and issue the repayment, usually in 7–10 days, although it can take longer. Be sure to include your bank details for repayment on the tax return to avoid HMRC issuing the refund by cheque which can take considerably longer.

For more information or a free, no-obligation meeting, call us on 01245 258 689 or email [email protected]