Accounts Preparation Services
Preparing accounts for Brighton businesses
As you might expect from an experienced firm of Chartered Accountants, we have all of the core accountancy services covered.
From the annual audit and accounts to day-to-day management requirements like payroll. Our aim is to provide you with all of the financial services you will ever need to run your business – all within reach and delivered by a team you know and trust.
Your business journey from starting out to exiting or retiring…
Of the many considerations for new businesses, tax planning is vital in order to establish the most appropriate business structure and avoid having to correct inefficient or non-compliant arrangements.
Once a business has become established and is growing, expansion is likely to mean that the owners will need to delegate key tasks to mangers and staff and it is therefore important to attract and retain the best quality people for your business.
As the business matures and the profits increase, business owners need to consider how to protect those profits from excessive tax charges. There are a number of key tax reliefs that can be claimed on qualifying business expenditure and other opportunities to organise your affairs
As retirement or sale approaches, business owners need to consider how they would like to structure the sale in order to minimise the impact of capital taxes on the proceeds and how to structure their finances after the sale in order to enjoy a comfortable retirement.
Further information
‘Short Term Cash Flow’ and ‘Business Snapshot’ – how can these Xero Reports help you?
You may not have noticed them yet, but in Xero under the ‘Business’ heading, there are two relatively new Reports– ‘Short Term Cash Flow’ and ‘Business Snapshot’.
How do you enter your wages journal onto Xero?
Wages are one of the highest business expenses and if you wish to have accurate figures in your profit and loss of these expenses the correct way to post these is through a wages journal.
HMRC make changes to filing VAT returns
From April 2022, all VAT registered businesses will have to sign up to filing VAT returns digitally.
Want to learn more?
Get in touch with our in house expert Luke Thomas to see how we can help.
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We believe in being involved with the local business community and that is why we network extensively, host regular business seminars, write blogs and have many trusted, professional contacts