Management accounts and business planning
We can prepare management accounts for your business, which you may require for your own information or may be required by your bank or other institution. Management accounts will keep you and others informed on how your business is performing rather than waiting until the year end accounts are prepared.
We can also prepare a business plan for business, which will help you and any possible lender or investor to see how your business is likely to perform over the coming year or so.
Tax Protection
As a practice we are aware of the increased risk of businesses being targeted by HMRC in all areas of tax compliance. HMRC are targeting clients randomly whether it is a business, individual or director.
We offer an annual insurance policy to protect our clients and their businesses from unexpected costs; Investigations will ordinarily include additional accountancy fees for extra work undertaken. The tax insurance protection scheme also provided access to expert advice in areas of Employment law, Health & safety tax advice. They are highly experienced consultants you can provide you with guidance and knowledge, the areas covered by the policy include:
- Income tax
- Corporate tax
- Self assessment
- National Insurance
- National minimum wage
- Furlough claims
- IR35
- Employment status
- Capital gains tax
- VAT