Accounts Tax Group Logo - 2023

Chartered Certified Accountants
Tax Investigation and Disclosure Specialists

Accountancy & Taxation

Accountancy

Companies of all sizes rely on us to manage their back office accounting and compliance. 

  • Final year end accounts
  • Management accounts
  • Budgeting and cash flow statements
  • Bookkeeping on spreadsheets
  • Maintenance of accounting records
  • Scheduling and reminder of routines for clients
  • Admin services
  • Head office function
  • Registration of PAYE schemes
  • Payroll set up for employees & CIS subcontractors
  • Payroll for employees + CIS – weekly/monthly/quarterly
  • HR advice
  • Hosted cloud accounting services
  • Remote accounting solutions
  • Virtual management meetings
  • VAT registration and deregistration
  • VAT returns – monthly and quarterly
  • VAT inspections
  • VAT investigations
  • VAT reclaims

Over 99% of businesses entities in the UK are SMEs.

 

This represents a huge pool of business owners who running businesses each and every day.

 

Only a small percentage of these SMEs establish themselves to the point where they have in-house accounting, legal, HR, IT and technical departments. These businesses are more substantial and have the critical mass to develop further on their own. Most SMEs do not have the resources to achieve this on their own.

 

We can assist business owners in this position by providing practical advice based on years of experience in helping other business owners in varied sectors.

This includes advice on business development, marketing, sales and ad hoc problems as well as providing strategic growth.

 

We can also help to identify Key Performance Indicators and assist with measurement of the same over time. In our experience business owners are often misguided when it comes to detailed operational information. Business owners will often know how much profit they have made for the last financial year but they do not know whether they made profit yesterday or what their weekly overhead are.

 

We can also assist with accounting in a way to provide more meaningful information. Management accounting information obtained on a daily/weekly basis is extremely important and yet most SMEs do not produce it. Business owners must have this information so that they can act on it. It is pointless to wait until the year end to discover that you have made a loss. This information should have been available within the year.

 

Call Us Now on 0208 499 8065

Taxation

No one likes the burden of filing their tax return. Preparation of tax returns is one of our core services. We prepare and file tax returns for both individuals and companies. We have invested heavily in leading software and technology to enable us to prepare and file tax returns efficiently.

Since April 2005 when the Inland Revenue and Customs & Excise merged, the penalty regime for omissions, errors and mistakes has become far more draconian. This means that you have to ensure that your tax return is correctly completed and filed on time.

 

During the information gathering stage we work with clients to ensure that nothing is omitted and that all possible claims are made so that there are no problems later with the tax man.

 

If we believe that you are due a tax refund we can even arrange for our fees to be deducted from the refund so that you do not have to pay anything upfront.

 

If you want a no obligation chat about your tax affairs or those of your business please get in touch. It costs nothing to talk.

Tax planning and advice is one of our niche specialist areas.

 

The best time to get advice is before the “event”, not after. Too many people and businesses make this mistake time and again. 

 

We work with clients to understand their situation from the outset so that we can advise accordingly in ways to minimise their tax liabilities.

 

Tax planning covers a vast array of taxes including:

  • Income tax
  • National insurance
  • Corporation tax
  • Capital gains tax
  • Inheritance tax
  • VAT
  • PAYE
  • CIS

 

Very often these taxes interact or overlap with each other and the overall impact must be assessed in order to see the complete picture.

 

We advice clients how these taxes impact on their situation and how to obtain overall optimal tax solutions based on the individual circumstances of each case.

 

Aside from the taxes and the possible multiple interaction on clients, there are aspects of each tax which sometimes require specialist advice – common examples being:

  • Loss claims – both trading losses and capital losses
  • Capital allowances claims
  • Special relief claims
  • Entrepreneurs relief claims

 

The calculation, presentation and timely submission on these claims is critical and our experience in these areas means that clients can rest assured that their tax affairs are being handled competently and correctly.

 

We manage to achieve tax savings in over 90% of cases that we review.

If you want a no-obligation chat about your tax affairs or those of your business please get in touch. It costs nothing to talk.

Our Clients Include

  • Sole traders
  • Partnerships
  • Limited Companies
  • Charities/Not For Profit
  • Directors
  • Pensioners
  • Private Individuals
  • Landlords

Ask us for help today

Ask us for help today

Sectors We Serve

Our Speciality Sectors

Barrister Accountancy Service

The tax rules applying to barristers may be complex.

 

That’s why it is essential to get specialist advice in connection with your tax affairs.

 

We specialise in providing  accountancy and tax solutions for barristers. This includes Pupils, Juniors and King’s Counsel.

We make dealing with your accounting and tax affairs as simple as possible so that you can concentrate on building and maintaining your own practice.

Construction Industry Clients

The construction industry comes with many advanced accounting issues, audit procedures, and tax issues, which makes accounting for construction companies and contractors particularly challenging.

 

Rather than sacrificing your time or potentially falling behind on accounting activities and deadlines, outsource your accounting and payroll to experts with experience in your industry.

 

We understand the unique challenges constructions companies and contractors face every day, especially in today’s ever-changing economy.

One of our specialist niche areas is CIS Subbie Tax Refunds.

 

We have 35 years’ experience dealing with Subbies and it is a market that we know very well. If you are a CIS Subbie you will almost certainly be due a tax refund.

The Research and Development (R&D) tax credits scheme exists to reward and incentivise innovation within the UK economy.

 

The UK Government has committed to spending £22 billion to incentivise UK businesses to conduct R&D projects by 2025. R&D tax credits are a valuable cash injection for companies and can help them hire new people, conduct more R&D activities, and ultimately grow the business.

Licensed London Taxi Drivers can rest assured that their tax affairs are in safe hands and under the control at all times of appropriately qualified people who have many years of unrivalled experience in dealing with the Cab trade.

 

You will find that our standards are the highest and customer services are excellent. You will receive a premium service for a price that you can afford.

If you are a construction worker on PAYE you might be due a significant refund. Possibly as much as £4,000!

 

If you don’t act quickly, you could lose your entitlement to this refund.

We sell businesses for clients in the “deal range” £100,000 – £15,000,000

 

Wealth Warning: don’t try and do this by yourself.

The chances are, if you try to sell your own business you are more likely to “get it wrong” – sometimes very badly wrong.

It has become apparent over the last few years that many accountants acting for businesses have not fully understood the capital allowances claims that could be made in respect of properties which have been purchased or leased by clients.

 

This has resulted in many cases in clients not claiming the capital allowances that they were entitled to.

 

Sole traders, partnerships and limited companies can apply, based on the evidence available, to HMRC to make the claims.

 

Accounts Tax Group Ltd

Suite 6, 186 St. Albans Road

Watford WD24 4AS

Company registration no. 13665733

ICO reference no. ZB280216

020 8499 8065

Firm ID. 5320769