There's more to us than number crunching
Having worked for so long in providing accountancy services, we offer advice that can save you and your business a substantial amount of money, legally.
Having worked in and with business across many different sectors, we don't just know how to keep the books – we're also familiar with some of the challenges business owners come up against, and we can help to mitigate those.
We are human beings first, and accountants second. And we get really excited when we're helping our clients' businesses grow!
How we work with clients can vary considerably.
Our clients trust us to deliver a host of traditional accountancy services. For example, you may have an in-house bookkeeper and only need us to do your compliance work. Or you may be looking to branch out and add a new company under a group structure.
Click on the links below to find out more about our services to help your business. Alternatively, you can view our full A-Z of services here.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Keep up to date with everything that is happening at Kerr Accountancy, and in the wider world of accountancy. Subscribe to our quarterly newsletter now!
By clicking submit you consent to the processing of your data in line with our privacy notice. You may unsubscribe at any time.