Bookkeeping & Reconciliation, professional bookkeeping services

We understand that employees are a key resource to any business, so it is critical to both the smooth running of the business and for staff morale, that they receive the correct remuneration on time, every time.

It is also important for your business to comply with the ever-changing employment regulations to ensure that you do not fall foul of your legal requirements as an employer.

Whether you have hundreds of employees or just one member of staff, we can relieve you of the burden of payroll management and completion of statutory forms, including providing weekly or monthly pay slips, and preparing end of year returns.

Additionally, we can take care of your pension obligations by auto-enrolling new employees and offering existing opted-out staff the opportunity to re-enrol when required to do so.

Our services include:

• Weekly / monthly RTI compliant payroll processing
• Provision of pay slips
• BACS payments PAYE payment reminders
• Preparation of year-end payroll reports i.e. P35, P60s, P11D etc
• Expenses and benefits in kind
• Pension auto-enrolment and re-enrolment
• Student loan repayments
• Maternity, paternity, and sick leave payments

In today’s competitive world, it is important to look after your staff because happy and supported team members tend to stay longer. High staff retention saves your business money and can greatly contribute to the success or failure of your enterprise.

We can help you put in place tax-efficient incentives to enhance your employees’ workplace experience.

Employee share schemes, in particularly, are popular with business owners and staff alike with a range of options including ‘gifting’ free shares to employees, granting them options to buy shares at a specified price after a certain period of time, or offering employees an incentive to buy shares by matching with free ones.

Our experts can help your business select the most appropriate and tax-efficient employee incentives to meet your needs and can advise on:

• Childcare vouchers
• Cycle to work schemes
• Effective expenses systems
• Health checks – eye care vouchers etc.
• Pension plans and arrangements
• Share schemes
• Tax efficient and flexible benefits schemes

Capital Gains Tax (CGT) is an area that requires careful forward planning. The most effective manner in which to plan for CGT is to enact any planning prior to disposal or even before an investment is made.

There are a number of ways to mitigate CGT ranging from ensuring that the assets qualify for statutory reliefs such as Entrepreneurs Relief to wrapping the assets at purchase within a tax efficient structure.

The best planning route will often depend on the asset and timeframe.

Our services include:

• Business disposal
• Entrepreneur’s Relief in relation to business assets
• Quoted and unquoted share disposals
• Reliefs on gifts to individuals and trusts
• Sales and gifts of property