Accountancy Services in Sheffield and Doncaster

Accountancy

A complete service from maintaining a computerised accounts system, through monthly/quarterly management accounts to preparing annual accounts. Work is undertaken either at client's premises or at our offices.

 

Audit

A company may be exempt from having its annual accounts audited. If one is required we are registered auditors. Please contact us regarding exemption conditions - these have recently changed.

 

Business Assistance

The type of role that an in house Finance Director would fill. We can also satisfy your day to day administration needs - including sales invoicing, statements and debt collection.

 

Business Start Up

Formation of companies and completion of statutory books. Initial financial advice and negotiation with lenders. Implementation of accounting and management systems. Registration with HM Revenue & Customs and filing service with Companies House.

 

Business Plans and Forecasts

Preparation of forecasts for bank/grant purposes in addition to business plans for investment or sale.

Assistance with obtaining funding using long term links with financial institutions - Banks and Venture Capitalists.

 

CIS

Completion of all the necessary CIS returns, filing these electronically and producing monthly "payslips" for the subcontractors.

 

Corporate Structure

Innovative ideas for corporate structures and assistance provided with drafting shareholder agreements.

 

Retirement Planning, Inheritance Tax, Wills and Probate

The Chancellor has announced that the Inheritance Tax (IHT) threshold will not be increased in the near future,meaning that more families will be faced with higher IHT bills. We can help with business succession planning prior to retirement,will planning or variation and discuss asset protection strategies to minimise this tax.

The cost of care for the elderly will also be a major concern in years to come. Planning may be crucial both to protect family members in the event of ill health and preserve hard earned assets for future generations.

Finally, at the difficult time of a family bereavement, we can assist with probate and IHT issues and guide you to fill out the correct forms.

Please be aware that solicitors often automatically include themselves in your will as executors but may also charge for their probate services based on a percentage of the estate value. This can be very expensive.We base our fees on the time spent, which is usually substantially less.

 

Investigation Insurance

Insurance provided to cover our fees for tax, VAT or PAYE investigations.

 

Tax

Personal or corporate tax, including a full range of planning. Tax consultants are available for more complex issues - we undertake the bulk of the work at more favourable rates.

 

VAT

Preparation and completion of VAT returns and handling VAT inspections or investigations.

 

Wages and Payroll Services

Our complete payroll service,including Real Time Information reports,covers all our clients' needs from £20 per month. We now also cover your needs for the new Pension auto-enrolment scheme and will handle all letters and administration.

Our systems are fully compliant to take on the new ' Real Time' reporting obligations and relieve employers of this added burden. We can complete forms P11D,carry out PAYE ' healthchecks' and advise on tax efficient salary and benefit packages to help attract,reward and retain the best staff for your business.