A-Z of services
A-Z of services

Feel free to get in touch if you need further information.

Alternatively, you will find more info on how we can help your business using the links below.


Accounts

End of year accounts are mandatory and are vital in tracking the performance of your business; crucial for any business, but especially a new one. It is essential you get it right, and don't miss the deadlines for submitting your accounts or making payments.

Accounting software

Accounting software is designed to make accounting and reporting easier. We are Xero Silver Champions. There are, however, a variety of cloud-based solutions on the market and we can advise on which one offers the most suitability for your business. We can assist with dashboard setup as well as implementation and training to ensure your business accounting is as efficient as possible.

Bookkeeping

Bookkeeping is a necessary evil, and due to the very nature of business – it's also a repetitive task which makes it time-consuming too. Outsourcing your bookkeeping means you can get on with the business of doing business.

Business advisory services

Your success is our success. We offer clients guidance on how their businesses can operate in the most efficient capacity, financially and beyond. We're on hand to troubleshoot and provide strategic solutions, and to help with implementing a growth strategy. We'll also keep on top of cash flow, manage business debt, and set metrics for measuring progress.

Business planning
Capital Gains Tax (CGT)

The legislation involved when disposing of assets like property, personal possessions, business assets, and shares can be very difficult to navigate, which makes it easy to miss out on money that's rightfully yours. We can advise you on the tax laws involved when selling off assets, and make sure you're paying as little tax as possible.

Cashflow management

One of the most common reasons a business (particularly a new one) fails is not because of an unprofitable concept, or poorly run in terms of the day-to-day, but because of cashflow problems. We can help make sure your money is coming in and out in a sustainable way. We can implement procedures that will better manage the peaks and troughs of business cash flow, organise reserves, and more.

Company cars

There are different benefits and tax saving opportunities when you own, lease or buy on hire purchase, your company car or fleet vehicles. We will help you run the numbers on all car purchase options considering the tax benefits and NIC charges of each, while taking into account available tax reliefs for energy-efficient, low-emission vehicles.

Company directors' tax

If you are a company director and you are unfamiliar with Self Assessment, it is important to be aware of Income Tax and National insurance thresholds, dividend tax, and the way in which you can pay yourself through a limited company.

Company registration

Talking to a professional accountant can easily save you significant amounts of cash.

Setting up a new business presents plenty of opportunities to spend unnecessary money and encounter costly pitfalls. Our experience allows us to offer guidance while setting up your business, enabling you to avoid those expensive mistakes which are all-too-easy to make.

Construction Industry Scheme (CIS)

Whether you are operating as a sole trader, partnership or limited company we can advise on the best way to mitigate and recover any CIS tax deducted and make sure you are reclaiming all the expenses you are entilited to.

Corporation tax

There can be a lot of room for manoeuvre when it comes to corporation tax. Whether you're a single company or a whole group, there may be ways to keep hold of more profit from your business; legally.

Fee Protection
Income tax

When you're not used to doing accounts, or if you're new to being self-employed, income tax can be complicated not to mention time-consuming. We can go through your tax affairs in absolutely no time, and with a professionally completed tax return, you can be sure you're saving every pound you can by making full use of your tax allowance and reliefs.

Independent examination

Trustees of a registered charity must produce an annual report and accounts each year. We are happy to be your appointed independent examiner to provide assurance to the trustees, supporters, beneficiaries, and the wider public, that the charity’s money has been properly accounted for. 

P11D’s

Benefits in-kind must be reported to HMRC using a P11D form. Examples of such employee benefits include private healthcare, interest free loans, and company cars which are received in addition to their salary. We will consider the National Insurance implications as well as complete and file the return on your behalf.

Partners tax

A partner pays tax on the total of his or her earnings, including their share of the partnership profits. Each partner must complete a Self Assessment tax return and add the partnership income to their other taxable income.

PAYE Registration and compliance

If you have employees, complying with Pay as You Earn (PAYE) requirements is mandatory, and the fines for non-compliance are not insignificant. Outsourcing this to us leaves you with time to take on the challenges of starting/running/growing your business.

Payroll

Managing the payroll of your business can quickly become frustrating and confusing if you don't fully understand your obligations. Let's face it, you did not get into business for the joy of managing payroll, but as accountants, we did. Outsourcing this assures you have peace of mind that we're meeting all of your responsibilities in this area.

Pension compliance

With the introduction of auto-enrollment it’s not just enough for a business to run payroll - they need to make sure the are compliant with the rules set out by the Pensions Regulator. We can help set up your pension scheme and take care of the weekly/monthly filing requirements.

Property tax

Property tax is a bit of a maze and as a result, you could be paying more tax than is legally necessary. At Kerr Accountancy, we can advise you on issues such as what is capital (and what is not), when to use a limited company to save tax, tax reduction strategies for rental income, classes of repair and whether they are tax-deductible, and much more.

Self assessment

Self assessment can be time-consuming and confusing for busy individuals and the self employed. We calculate your tax - minimising your tax bill – and complete and submit your return to HMRC on your behalf. We always explain your numbers before filing your return. Our self assessment service provides peace of mind that you’ve met your tax deadline, and frees up your valuable time.

Taxation

Taxation legislation is a minefield. Not only can you be penalised for not following the letter of the law, but you may be paying more tax than is necessary. Guarantee that you're not paying too much tax and trust this compliance work to us.

Tax investigations

We offer Professional Fee Protection (PFP).

HMRC tax investigations are on the rise with many businesses finding them disruptive, intrusive, stressful, and ultimately, expensive. Clients that utilise our Tax Investigation Service benefit from knowing that in the event of a check on their tax affairs, they won’t have to pay another penny on fees and will receive expert advice and guidance every step of the way.

Read about the benefits of PFP over on our news page, or learn more about the implications of tax investigations on our dedicated PFP site.

Tax planning

The complexity of UK tax law now makes it easy to miss out on tax savings without a proactive individual tax plan. Using processes as simple as restructuring your affairs, and being conscious of when you are making transactions for significant assets, could save your business thousands of pounds.

VAT Registration and returns

If you're just starting in business, it can be challenging to know if you need to be VAT registered or not. There may be benefits to registering voluntarily for VAT. We can do this homework – and explore the other numerous VAT schemes to be sure you’re registering for one that will be of most benefit to your finances - for you. We'll also be here to keep a watchful eye and advise when you're approaching the threshold for VAT, and we'll be happy to submit those quarterly VAT returns for you too.

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