- Hinckley Office 01455 611818
- enquiries@afltd.co.uk
Accounts & Tax Returns
Whether you're a sole trader, Partnership or Ltd Company, we can prepare your accounts and tax returns. We also complete tax returns for individuals too.
Do you need an accountant?
Probably. You might need to minimise your tax liability (pay less!) or you might need help with your returns. As accountants, we know the easiest, quickest and cheapest options for your business, whether a sole trader, limited company or partnership.
It doesn't matter if you are a start-up or well-established. We will have a service for you. We don't believe in working on an hourly basis. The price we quote includes support throughout the year and not just for an hour you have paid for. Our ethos is to provide the best service we possibly can at the most transparent price.
If you're not sure what you need, or you just want some advice and guidance, give us a call. It's important that we want to work with each other and like each other, as this is the start of a long term relationship.
Limited Companies
Limited companies need to file annual accounts and a tax return, with HMRC and Companies' House. This is the law.
We'll spend time with you to make sure your accounts are accurate and aim to complete them in 2-3 weeks. This timescale is fairly rare in our industry, but is to your benefit because the sooner you know what your liability is (the amount you need to pay HMRC), the sooner you can budget for that.
We'll help you understand your accounts and the implications of them, to help you move your business forward.
Self-Assessment
All directors, self-employed people, partners, high earners, and landlords need, by law, to complete and return a self-assessment each year. You can do this yourself, of course, but the benefit of having us do this for you is that we ensure you are compliant with HMRC's regulations (which isn't always as straight forward as one might hope!) and take the pain away from you so you know it has been done correctly.
Making sure you understand why you are paying what you're paying, is what we do. The more you understand, the better your future will be as you won't get caught heading down the wrong path, or stuck in an HMRC black hole!
VAT
Do you know what you can and can't claim on your VAT return?
Are you paying too much?
We can advise you, in simple language, what you can and can't do, so you stay on the right side of HMRC. We can also make suggestions as to what your best course of action is for each subsequent quarter, in order to be more VAT efficient (and pay less!).
Auto-Enrolment
It's coming, so you can't avoid it! In fact, it's already here for some sizes of business.
It seems to be something that terrifies a lot of business, but you don't need to worry. We can service your minimum 1% employer and employee contributions and advise you of what to pay. We'll make sure that you are only paying for eligible employees, and don't get caught up in a web of confusion or non-compliance.
Cash Flow Forecasting
Banks will often require cash flow forecasts if you want to borrow money.
We can help with this, but we can help with more than that. In order to get your funds in the most efficient way, we will look at your income, expenditure, and day-to-day cash flow to see if there are other more cost effective ways to get access to funds other than just going to the bank to borrow, such as making some small changes to your credit terms and credit control.
Our approach to your accounts
Delivering consistently good service is hard for any business, and so our mantra is to work with a limited number of companies so we have time to spend with our clients and actually get to know you and your business.
It's important to us for you to know that there are no stupid questions. We would rather you asked all your questions than sit in the dark. We are here to help and advise, and you can tap into that to make your understanding clear.
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Unparalleled service
Our aim is to always exceed your expectations and deliver a service that you will recommend to your friends and colleagues.
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We don't bamboozle you with jargon
It is important to us that you understand your accounts, what tax you will have to pay, and why.
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Reasonable fixed prices
In terms of the value we provide, we are second to none. We always try to provide a fixed price where possible so you have no surprises.
Service pricing
No one likes a surprise bill. That's why we provide fixed prices where possible. Any additional charges will be agreed in advance between us. Our aim is for great service at a reasonable price.
Join our team
We are a fast-growing, dynamic, service-driven practice. As such we are always on the lookout for great people to join our team who are client-focused and have a strong work ethic. We are able to provide above average remuneration and excellent progression opportunities as well as study support where appropriate.
Hinckley Office
Abrahamson Foster came in on quite an open brief due to us not really understanding what else was possible beyond “normal” accounting. After getting to know both us and our business they offered us real commercial options backed up with sound financial planning which allowed us to focus on running our business. They also continued to offer advice going forward as situations changed or additional opportunities arose – something our previous accountants didn’t do. We found that AF not only added real value to what we were doing but also identified other scenarios and became part of the team.
Jon, Director, Ltd Company
My experience with Abrahamson Foster has been very professional and extremely smooth. As I was new to the ways of being self employed, my options have always been made very clear. Extremely personable, I was never confused with the taxation/expense rules, altogether my expectations were exceeded on every level.
Russ, Sole Trader
Would you like to find out more about our accountancy and taxation services, and how they can help you to optimise your earnings?
To discuss in-depth please call Peter or Steve, or complete the adjacent form to arrange a no-obligation meeting.
Hinckley Office