Services
It all starts with...
Bookkeeping
With the introduction of Making Tax Digital for Self Assessment being introduced in 2026 regular bookkeeping will become increasingly important.
You may want to keep your own books, or you may want to focus on your core business services. We are happy either way and will work with you on your raw data input to ensure it’s completed accurately and on time. That means we can turn it into information that you can use throughout the year.
The advantages of having your paperwork entered regularly can lead to saving you money in terms of late filing, especially with the introduction of Making Tax digital for Income Tax which entails filing your accounts with HMRC in March, June, September and December each year. Further benefits are reducing your stress levels as well as allowing production of your annual accounts in a more timely and efficient manner enabling you to make informed business decisions.
The next stage is...
Accountancy
If cash is king, knowledge is power.
We recognise that businesses, like people, come in all shapes and sizes, and that as such there is no such thing as ‘one fit for all’. We can help you grow through company formation as well as offering you help with other business processes.
We prepare accounts for Sole Traders, Partnership, Property Rentals, Limited Companies and Limited Liability Partnerships, Property Management Companies as well as Charities. No matter how you operate, sole-trader, partnership or limited company, we can help your efficiency, financial problem-solving and decision-making based on useful accurate figures.
In Devon, as in Cornwall, many businesses are referred to as SMEs – Small and Medium Enterprises. Depending on which definition is used an SME could have anywhere between 50 and 500 employees and a turnover between £6.5 million and £50 million. In reality the likelihood is that the business you run is actually a micro business defined as a business enterprise that has between 1 and 10 employees, and a turnover of less than £2 million. These include small business owners such as sole proprietors who trade as, for example, plumbers, dance teachers, car mechanics, builders and hairdressers. Whilst we prepare accounts for all types of business of all sizes we recognise that we would not necessarily understand the technical jargon of an electrician or the term for dance moves used by a dance teacher so we don’t assume that our clients will understand taxation terms and so endeavour to make all of our communications jargon free.
Contact us for a FREE no obligation chat to discuss your requirements
If you have staff you may need our...
Payroll Services
Do you have employees? If you have any number of employees, even if it’s ‘only your life partner’, we have the knowledge and information to minimise your time input and the associated cost of that. We make sure your filing obligations are met to prevent additional costs associated with late filing penalties. We’ll help keep your staff content with wages and bonuses on time and you happy by being able to forecast that aspect of your cash flow.
We can administer your Construction Industry Scheme (CIS) for you and we provide a full payroll service including:
- Maintaining payroll records
- Joiners
- Leavers
- Maternity leave
- Weekly, monthly wages and salaries
- Calculating tax and national insurance deductions
- Auto enrolment pension scheme set up and administration
- Student loan deductions
- Statutory Sick Pay
- Attachment of Earnings Orders
- Payslips by e-mail or post
- Payroll reports by e-mail
- Payments can be made on your behalf
- Online in year filing requirements with HM Revenue & Customs
- Production of P45s, P60s
- Sorting routine enquiries with management and staff as well as HM Revenue & Customs
- End of year returns to HM Revenue & Customs
Need help with...
Taxation and Tax Returns
We prepare tax returns for sole traders, partnerships and limited companies. We also calculate any tax due, and we file the tax returns on your behalf. We know the deadlines for filing tax returns and will inform you of both the deadline for your tax return and the penalties that can be avoided by meeting those deadlines. The HMRC penalty regime means that it can be costly if you do not file you returns on time. Not only will you have to pay the penalties, but you will be subject to interest and may be subject to penalties on late payment as well. You will find that it is far more cost effective to pay us to prepare and file your returns within the required time limits than to pay any resultant penalties for late filing.
Contact us for a FREE no obligation chat to discuss your requirements
Need help with...
VAT
VAT is one of those things that on the surface might seem straightforward, but when you look a little further it isn’t so simple. What goods and services do you need to charge VAT on? If an item isn’t subject to VAT is it zero rated or is it exempt? What’s the difference? If it is subject to VAT is it standard rated or subject to a reduced rate? Should I be VAT registered? If I become VAT registered which VAT scheme would be best for me? We can help with these questions and others that you may have.
We can provide you with management accounts, monthly or quarterly, reconcile your bank account, prepare and file your VAT returns, produce your annual accounts for you. We can do as much or as little as you require. It won’t cost any more than your time to talk to us, we will not only listen to you but can help you to decide what you need us to do for you.
Need help with...
Management Accounting
Having a monthly or quarterly assessment of what your business is doing can help show you what you are doing right and where your profit is. We can help you identify key people and functions to help you pinpoint potential opportunities early and adapt quickly to maximise your profit.
We also offer...
Training
We are experienced users of a number of accounting software packages and are happy to offer training as well as support. We are familiar with QuickBooks, Xero, Sage and Excel.
Call us on 01736 333576 to find out more.