We have various specialisms in a variety of industries with skills that have been honed over the past 20 years.
Services we offer
Accounts for Doctors
Whether you own your own practice, are a salaried GP, are a consultant, a hospital doctor or a locum; we have the skills and experience to act for you. We can advise you on the way to structure your practice, structure your contract and plan your pension. Our knowledge will allow you to take maximum benefit from your allowable expenses and claim the maximum tax refund possible.
If you are employed by the NHS directly we will make sure that your tax code is correct so there is no over payment of tax.
Accounts for Dentists
Whether you own your own practice, are a salaried dentist, are a consultant or a locum; we have the skills and experience to act for you. We can advise you on the way to structure your practice, structure your contract and plan your pension. Our knowledge will allow you to take maximum benefit from your allowable expenses and claim the maximum tax refund possible.
Working with dental surgeons over the years has equipped us with the ability to reduce tax liabilities, to assist with practice purchases, to value the dental equipment in a surgery, to prepare tax returns for principles and associates and to assist with the day to day running of a dental practice.
We can also help when it comes to applying for funding for purchasing a new practice or machinery.
Accounts for Pharmacists
Whether you own your own pharmacy, are a salaried pharmacist or a locum; we have the skills and experience to act for you. We can advise you on the way to structure your pharmacy, structure your contract and plan your pension.
Supporting you with your pharmacy is our aim, and with 20 years’ experience in pharmacy accounting, we have developed the knowledge to do this. Whether you are looking to acquire your first pharmacy or operate a chain, we work with you to understand the problems you face and offer tailor-made, expert services and solutions
CIS Returns &
Subcontractors
CIS tax returns are a fact of life for most people in the building trade. A mistake when filing a CIS tax return online can mean paying far too much tax on your pay.
When you’re paid through CIS, your contractor has to chisel off a hefty chunk of your pay before you get it. That money goes straight to HMRC. It’s supposed to act as “advance payment” toward the tax and National Insurance you’ll owe. Your contractor doesn’t have any choice about this; it’s just how the law works. From a subcontractor’s point of view, though, it can be pretty painful. In effect, you’re being taxed right from the first penny you earn, without getting your tax-free Personal Allowance. It’s supposed to crack down on tax evasion in the construction industry, but in reality it’s the honest subcontractors that are carrying the load.
The news isn’t all bad, though. You can claim back the extra tax you’ve paid in your Self Assessment tax return. That’s right: even though you’ve already had 20% of your money taken by HMRC, you still have to file a return. If you’ve paid too much tax, you can get a tax refund.
Accounts for Landlords
We help residential and commercial landlords, investors and developers to make financial decisions on the move with real time information enabling them to maximise returns and increase profitablility.
Whether you have 1 residential property or a large mixed portfolio we can help.
Taxi Accounts
Being a taxi driver has many perks – the hours are often flexible, the work is sociable and you have a level of independence which is rarely found in other careers. However when it comes to accounting and taxes, it becomes complicated. So here are our top accounting tips for taxi drivers
Maintain all your records carefully. When it comes to your tax return, you will be thankful you did. To be extra safe, take a mileage reading at the beginning and at the end of the tax period, to double check that your records add up. Record your expenses. Remember that you are entitled to claim allowable expenses which you incur while working. This includes the cost of petrol, the cost of servicing or repairing your car or van, the cost of an MOT, license fees and even the cost of keeping the cab clean. Again, it’s important to keep a note of these costs as they arise and to keep all receipts of expenses which you later claim.
Our team have been doing taxi accounts for over 20 years! We know all the ins and outs and can make sure you remain in control of your finances.
Gig Economy
The gig economy in this country is growing fast. It has doubled in size over the last three years and it now accounts for over a massive 4.7 million workers.
The easiest way to work out if you are a part of this economy is if you can classify if each piece of work you do is similar to an individual ‘gig’. Common jobs associated with this economy are delivery drivers, Uber drivers, Air BnB, babysitting etc.
There are still obligations for people who undertake this sort of work to file accounts. We can advise you whether you should do this through your own company or as a sole trader. Whilst complying with legislation you will also be able to take benefit of tax refunds giving you a higher profit. Using our cloud software will give you your real time financial position at your fingertips.