Services
Self Assessment
Self Assessment needn’t be that annual event you avoid completing until the very last minute. If any of the following reasons apply to you then we can assist in registering you and completing your Self Assessment tax return with the minimum amount of inconvenience to you as possible:
– You are the director of a limited company
– You are self-employed
– Your income (or your partner’s) was over £50,000 and one of you claimed Child Benefit
– You receive rental or investment income
– Capital gains for the sale of assets / stocks
– Large amount of savings and interest income
– Your income was over £100,000
– Other income that has not been taxed at source
Bookkeeping, VAT and Payroll Services
We can take care of all your day to day accounting and payroll activities including Construction Industry Scheme in order that you can focus on the important things to you in your business and so not have to worry about them. By us keeping your financials up to date allows you to make better informed decisions and mange your cash flow more effectively.
Statutory Accounts and Corporation Tax
By law you are required to prepare and file statutory accounts for all Limited Companies on an annual basis, nine months after your accounting period finishes with Companies House and HMRC after twelve months after the accounting period ends.
Corporation tax is due though nine months and one day after the accounting period.
We can provide you with cost effective fixed fee packages to ensure you fulfil your corporate responsibilities and ensure your company pays the correct amount of Corporation tax.
Business Start Ups
By law you are required to prepare and file statutory accounts for all Limited Companies on an annual basis, nine months after your accounting period finishes with Companies House and HMRC after twelve months after the accounting period ends.
Corporation tax is due though nine months and one day after the accounting period.
We can provide you with cost effective fixed fee packages to ensure you fulfil your corporate responsibilities and ensure your company pays the correct amount of Corporation tax.
Limited Company Formation
By supplying low cost company formation and set up and along with the tools, to ensure you form your Limited Company the correct way will be of great benefit to you and your business. We can advise and give you options depending on your circumstances and future plans.
Sole Trader Accounts
We can prepare your year end trading accounts and tax return to ensure you and your business are fully complaint and make sure you file your Self Assessment tax return on time. We can provide ongoing advise throughout the year and deal with the issues as they arise as well at no extra charge and make sure you are always on top of your business.
Auto Enrolment
Auto enrolment is just another day to day activity you need not have to think about as we can manage and administer your company pension scheme in tandem with running your company payroll.
We will deal directly with the pension regulator to ensure you follow your statutory obligations and meet the deadline dates, plus we will assist you in finding the right pension scheme for you and your employees.
Capital Gains Tax and Inheritance Tax
Due to the current trend of individuals estates growing at a rapid pace fuelled by rising property prices, thus more and more asset sales are being dragged into the higher rate tax band for CGT as well as estates being caught by IHT at an alarming rate.
As CGT and IHT can be complex at times, that’s why it’s important to plan ahead and use a trusted accountant and tax adviser to take you through this journey and ensure you mitigate your tax liabilities.
Tax Planning
Whether it’s a Business tax or Personal tax conundrum or a burning issue you have to resolve, we can help you reach the best outcome by utilising our years of experience dealing with tax legislation and HMRC.
We will design your business tax structure to suit your personal tax circumstances in order you can receive the maximum savings available in tax. As a result will allow you to invest more in your business and increase your personal wealth at the same time.
Management Accounts
Having a Chartered Management Accountant at Figtree Accountancy means we are best placed to provide you with the management information you need to continue to be successful and go from strength to strength.
We can offer you in-house consultancy or traditional out sourced services depending on your circumstances at competitive rates. By providing regular management accounts will allow you to keep on track and monitor your business performance and financial position.
Business Plans
We can provide you with all the essential tools in order to complete a robust business plan together, we will use tried and tested strategies such as SWOT analysis, Pestle analysis, Break-Even point, Ratio analysis and the Marketing mix and the 4P’s.
Furthermore we can provide the following elements required for business planning to raise funding and communicate to stakeholders; Budgets, Cash flow forecasts and profit forecasts.