Our comprehensive business advice and support services are key
to the type of firm we are. In addition to covering your basic
requirements such as accountancy and tax compliance we will provide
you with a complete service to give you practical help. Please
click on the relevant heading for further details.
Payroll
Many of our clients use our payroll service in order to remove
this time consuming and costly task from their own workload.
The increasing complexity of legislation and regulations are
handled by our experienced department providing you with a
comprehensive payroll service which includes:-
- Processing of payroll at regular intervals to suit your
business
- Automatic transmission of your payroll data to satisfy Real
Time Information requirements
- Production of payroll reports and employee payslips
- Submission of BACS payment instructions
- Dealing with SMP, SPP, SSP, and SAP
- Advising on related matters such as redundancy, national
minimum wage and holiday pay
- Production and filing of P11D forms
Contact
us to discuss how we can help remove the burden of payroll
and enable you to concentrate on running your business, saving you
time and money.
VAT
Many business owners dread having to prepare their VAT return
each quarter. By outsourcing this to us, you can free up more time
to run your business and be secure in the knowledge that things
have been done correctly and focus on your day to day business. The
rules for VAT are extremely complex and ever increasing, so by
using our trained and experienced team you can be confident that
everything is in order and you don't pay more VAT than is due.
Our VAT services cover:-
- Advising on the most suitable VAT scheme
- Completing the registration for VAT on your behalf
- Preparation and online submission of VAT returns
- Advice on queries and VAT planning
- Deregistration from VAT
- Ensuring that you only pay the VAT that needs to be paid
To discuss how we can help remove the stress of completing VAT
returns and free up more time for you, contact us.
Company Secretarial
The Companies Act 2006
no longer requires a company to appoint a company secretary, but it
still requires companies to submit certain documents within strict
time limits. As well as causing a significant burden for the
company, failure to comply can lead to potentially severe penalties
for both the company and its directors.
Our dedicated company records department and specialist software
can remove this burden from you by dealing with your company
secretarial duties. Our service includes:-
- Company formation
- Maintaining your statutory books
- Filing all forms, resolutions and accounts at Companies House
using online filing
- Acting as the company's registered office
- Preparing paperwork such as dividend certificates, stock
transfers etc
- Preparing minutes of all board meetings and AGMs
- Dissolution of the company
Our expertise on these matters has lead to the vast majority of
our clients asking us to take over this role for them. Let us worry
about meeting your deadlines to avoid penalties so that you can
concentrate on running your business- contact us for more information.
Management Accounts
It is vital that you are able to produce management information
in order to monitor your business' progress and plan for the
future. We can assist in making sure that you have accurate and
timely information available. This may be by advising on how to
extract information from your system, or by preparing monthly or
quarterly management accounts.
We can provide as much or as little involvement as you require,
depending on your circumstances. We have a team who have experience
of a variety of accounting systems, including Sage, who can produce
invaluable management information to suit your business, helping
you to make informed business decisions.
If you would like to discuss how we can help you to effectively
monitor your business using management accounts, contact us.
Projections and Forecasts
When planning the future growth of your business it is important
to prepare budgets and forecasts to ensure that you are prepared
for any cash flow issues or cyclical variations.
Being aware of your cash requirements will allow you to make the
necessary decisions to ensure the success of the business.
Reviewing performance against forecasts can also enable the
business to capitalise on possible opportunities and trends, and
take action against potential threats.
Also, this information is often invaluable for providing
additional information to lenders if new or additional borrowing
facilities are required.
If you require help to plan the growth of your business, contact us.
Start Ups
Most people who set up a business do so because they have a good
business idea and have the desire and enterprise to achieve their
goal. However, the initial steps can seem very daunting as you get
to grips with the various administrative burdens involved.
Simpson Wood is here to help you through this early stage and
provide you with the required business support. We will help you
develop your business ideas and provide constructive and practical
guidance on how to proceed in a realistic manner. Our guidance will
help you tackle the following issues which affect start ups:-
- What trading structure to use and the tax implications
- Cash flow and profit projections for the business
- Our contacts with banks and other funders can help with any
funding requirement
- Registering your business and ensuring all your compliance
issues are dealt with
- Advising on your accounting system
If you are starting a new business venture and wish to discuss
your ideas and see how we can help then please contact us.