Setting up a company and becoming a company director is relatively straightforward and generally encouraged for most businesses. There are potential tax savings to take advantage of, which are simple to implement.
It is important that companies and directors understand the Companies Act, to ensure they are meeting UK legislation requirements.
To help our clients, in particular new businesses, we provide guidance as a matter of course around reporting requirements, filing requirements and profit extraction. This is included within our accounts service and will consider your tax implications personally.
A Director’s responsibilities may not go much further than that, however as an employer and owner there will be lots to consider around insurances, employee rights, your rights when dealing with bad debts and your rights when dealing with suppliers that have broken their contracts. Whilst we may not be able to deal with all of these directly many of our clients have similar issues so we have created a support network available to help.
Convenience and care are our core strengths. By focusing our services around these principles we have developed long lasting relationships with our clients. See below for how.
We want our clients to have choice and so we use all the major accounting packages to help them work with the best solution for their business.
We want our clients to be stress free, so we meet at their premises, respond promptly to queries and accept calls out of normal working hours.
We want our clients to receive a technical service, so all our work is signed off by either a qualified accountant, chartered tax adviser or tax specialist.
Most importantly, we take interest in our clients as we love what we do. We encourage regular and open discussions to avoid focusing on standard compliance and spend more time discussing development of their businesses.
Starting an Accountancy firm in 2020
What you need to know Before you get started and undertake the challenge of starting your own practice it’s important ...