Property Management, Development and Construction
We provide experienced and specialist accountancy and tax services for estate agents, construction businesses, builders, property investors, buy to let and property companies.
Tax and legislation affecting businesses in the property sector can change quickly. We ensure our property industry clients are always informed and updated, making certain that they are compliant and operating in the most tax efficient way.
Our team of ACA and ACCA accountants offer tax consultancy and accountancy services to all property professionals and companies from landlords with small portfolios to estate agents with multiple branches. In addition to helping you keep on top of your VAT returns, payroll management accounts, we will help you monitor your client account and perform your ARLA Byelaw 3 report.
We also regularly commission bespoke industry research which means we can provide clients with original insight into their sector to help identify new opportunities or manage potential new risk. We also help our larger property clients by benchmarking operating outlays and analysing employee costs and productivity against competitors.
- Quality, affordable accounting packages for Estate Agents
- Considered tax advice and self-assessments for landlords
- Expert industry commentary
Accountants for Landlords
Landlords often need assistance with their tax position in relation to their property income. We assist landlords to ensure they are operating in the most tax efficient way, maximising their rental income after tax.
We offer tax consultancy and self-assessment services to landlords.
Accountants for property developers and investors
Property developers find themselves operating in an ever more competitive environment and so making sure you set your business up correctly to suit your purposes and take advantage of any tax reliefs that may be available could be the difference between profit and loss.
We work with both UK and overseas developers and so are able to provide advice to suit your individual circumstances, whether you are a first timer or experienced professional.
Property developer’s accounts have unique patterns with some seeing large sums outgoing at the beginning of a project, payments throughout and lump sum income on completion.
Our business consultancy service can be used by developers to assist in planning investments and ensuring timing is optimised and everything is tax efficient.
Tax and accounts for self-employed contractors and freelancers
With a median income of £43,000.00 and average working hours of 38.2 per week for UK freelancers we aren’t surprised that more and more UK professionals are turning to freelancing or consulting.
We provide experienced and affordable online accounting and face to face accountancy, tax and business services and advice to freelancers or consultants in various industries. A few examples of our diverse freelance and contractor client base includes :-
- IT Consultants
- Business consultants
- Consultant or partner solicitors or accountants
- Medical professionals including doctors, dentists, opticians, physios
- Management Consultants
- Financial advisors
- HR Consultants
Affordable fixed accountant fees for self-employed
our services are designed and priced to reflect the fact that consultants and freelancers do not generally have the same volume of transactions or paperwork as other businesses. However, good tax advice is equally important as with other businesses.
Strategy is also important for self employed clients – many consultants and freelancers aspire to grow their businesses and employ staff. We have the in-house expertise to create the right growth strategy and also offer legal and employment law advice. Our business consultancy services we can help you every step of the way, from company formation and taking on your first employee, to obtaining funding and maintaining or growing your business.
Online accounts for freelancers, contractors and consultants
Accounts and Legal combine traditional accounting methods with up to date, easy to use and understand accounting software, meaning that freelancers and consultants will benefit from online accountants services at the same time as enjoying the quality and expertise of a named qualified accountant for each individual business.
VAT returns service and advice
Tax advantages encourage the self employed to register voluntarily for VAT before it is mandatory but the subsequent increase in accounting obligations and costs can be detrimental.
To manage this we have tailored packages which provide cloud bookkeeping services and efficient VAT solutions to give consultants everything needed to be tax efficient whilst keeping their accounting costs to a minimum.
Tax Planning for freelancers and consultants
As a consultant or freelancer you will need to make sure that your affairs are structured in the most effective way to ensure you tax bill is kept as low as possible. We provide individual tax advice to our freelance and consultancy clients to ensure their own tax position is as optimised as it can be. We also provide estimates and dates of future tax payments and keep you up to date with changes in legislation which may impact you.
Creative and Media
We know that creative and media professionals require cost effective tax and accounting packages to help run their businesses as well as access to expertise to assist them with growth and development.
We keep creative professionals organised and compliant by offering excellent value accounting packages designed to take care of the paperwork and reporting while they concentrate on doing what they do best.
Management accounts, strategy and growth planning
Our business consultancy services are designed for creative businesses to expand. From showcasing your first collection, to opening your first shop or taking your talents on the road our team can assist you with funding, marketing and everything in between.
- Effective accounting services for independent creatives from a diverse accounting and buisiness advice firm.
- Tailored business development advice and mentoring.
- Creative marketing and growth consultancy available.
- Legal advice in-house.
- In depth insight reports to make creative businesses more efficient.
- Applied financial planning for growth.
Bookkeeping for creative and media businesses
By using cloud accounting software we have access to everything we need 24 hours a day, 7 days a week which allows us to answer your questions in real time.
Tax Planning for media clients
We understand that creative and media professionals need to know how much of their income will be taxed. By assisting our clients in understanding their income and expenses we ensure they are ready for their tax bills.
From stage to store we work with creatives across the board. Our team comes from a variety of professional backgrounds including outside accountancy which means they can relate to a range of creative clients.
VAT can be tricky for Creatives and Media professionals. You may not be obliged to register but doing so could leave you in a better position.
Our team actively work with our clients to ensure VAT registration and compliance are taken care of when they need to be.
Hospitality (Restaurants, Bars and Hotels)
Our accountants have extensive experience in handling financial and tax issues in hospitality and leisure businesses
Accountants for restaurant businesses
We offer a host of accounting services specifically for restaurants, hotels, pubs, bars and the hospitality industry generally. For general questions about accountants and costs, see here. There are few tougher business sectors, if any, than restaurants, pubs, hotels, bars and the leisure sector generally. Competition is fierce and we know that restaurant or leisure entrepreneurs are amongst the most commited and determined business owners.
Financial and tax issues for restaurant and leisure businesses
- Cash nature of business and volume of transactions can mean record keeping is very hard work and can also result in increased risk of fraud and need for tight budgeting, management accounts and planning.
- Complex nature of demand, trends, supply chains and costs generally mean that tight budgeting and clear visibility on income/expenditure are essential.
- Cash flow problems are especially quick to arise and escalate and can destroy restaurants and leisure businesses quickly.
- Restaurants and food and drink and entertainment business are a sector that HMRC keeps a close watch on. You are probably more likely to face VAT scrutiny and an inspection before other types of business do.
- Employment law issues – compliance, staff problems and relatively high staff turnover can be problematic, as can payroll when you have staff on flexible employment terms such as zero hours contracts.
- The need to have a clear and compelling business plan – passion alone may not be enough to succeed. Competitor analysis, market research, strategy are all key and also for raising finance and/or keeping lenders such as banks on your side if things get difficult.
- We know how tricky it can be to deal with tips, VAT and payroll in the hospitality industry. We can help you navigate the tax complexities of troncs and cash payments and help you put practical systems in place to make sure that you comply with the tax rules whilst keeping admin to a minimum. If that sounds complicated, we make compliance easy with a full range of online accountancy services.
Whole sellers & Retail
We work with independent retailers, providing sound, actionable advice to support the success and growth of their businesses. One of the features of accounting for retailers is that transaction volumes are often high which means that record keeping processes and checks are essential. Good systems and advice for monitoring supply chains and cash flow are also of paramount importance whether the business has a physical shop presence or is an e-commerce seller.
By combining our retail accounting experience and business consultancy services we offer shop owners and online sellers tailored tax and accounting packages designed to take care of the paperwork and planning while they concentrate on doing what they do best.mOur accountants and business consultants are able to offer independent retailers relevant and effective accountingand business consultancy services to help them maintain their presence and expand efficiently.
Accountants for Dentists, Doctors, Vets and Opticians
We offer a full range of accounting services specifically for Dentists, GPs, Vets and Opticians.
We understand the complexities of both NHS and private practices and can help you optimise your business so that you maximise your claims for tax deductible expenses and national insurance refunds. In addition to offering the full range of accounts, VAT and payroll services, we can also help you plan for expansion, succession or retirement.
We also regularly commission bespoke research into the industry, and have helped our clients analyse their business to help maximise profitability and renegotiate new NHS contracts and alterations to existing contracts. Our Commercial Managers are industry specialists, so you can expect accounting expertise and sound commercial advice all under one roof.
Education and Childcare
Childcare can be a changeable business, one minute a nursery can be full to the brim then the next it can be lacking in numbers. We at The Accountancy Solutions believe it is important to completely risk check businesses that have a variable factor as it can affect profitability negatively. To help this type of business flourish, we need to get a clear overview of the financial stability of the company as a whole.
Businesses that operate in the education sector, such as schools and academies, do so under immense financial pressure, as well as succumb to economic climates that don’t reflect well on education as a whole.
At The Accountancy Solutions, we provide specialist solutions to businesses in the education sector in order to ensure that they comply to any regulatory changes, whilst making a profit that is sustainable. No matter how large or small the business, our team employs their wealth of experience to completely tailor our services to suit your exacting needs; there is hardly any scenario we can’t help with.
Organisations in the education sector are under constant pressure to stick to budgets, we can work with you to develop realistic budgets that aren’t going to be impossible to adhere to.
Services we offer include:
- Financial Accounts & audits
- Management Accounting & Payroll
- Financial Accounts & HMRC compliance
- VAT registration & returns
Engineering and Manufacturers
Our specialist team offers a wide range of services which are tailored to meet your individual needs. Our understanding of the issues faced by manufacturing businesses means that we can proactively seek out ways for you to maximise your profitability and minimise your tax liabilities.
Manufacturing and engineering, remains part of the key sectors within the UK, and today many manufacturers , small and large, are upbeat about the future of the sector. In recent years the sector has become increasingly innovative, diverse and forward-thinking, with a strong focus on the research and development of new technologies. Productivity, fierce global competition and the growing skills shortage, however, remain key challenges that many manufacturers are facing.
- Preparation of annual accounts
- Audit and assurance services
- Preparation of monthly management accounts
- Preparation of tax returns
- Strategic reporting
- Financial forecasting and budgeting
- Property issues
- Capital allowances claims
- Company structures
- Capital gains tax planning
- Acquisitions and disposals
- Exit strategies
- Employment taxes
- IT consultancy
- VAT advice
- Financing of new developments
- Payroll services
Inheritance tax planning