We assist our clients by removing the "red tape" burden from
their shoulders.
We also help clients to get the best
out of their business now and - perhaps more importantly -
in the future.
Our services include:
Business start-up
Company formation
and company secretarial
Limited company accounts
and self-assessment company tax returns
Sole trader and partnership
accounts and self-assessment tax returns
Taxation - business and
personal
Management accounts
General
business advice
Business start-up
This can be the most important moment
in the life of a business. Many small businesses fall by the
wayside in their first year but we want you to succeed.
We want you to focus on what you do best
- building your business - while we provide all the necessary
background support.
As a start-up client, our aim is to:
Ensure you satisfy all the necessary
rules and regulations: meeting all filing and reporting deadlines
Opt for the trading vehicle that best
suits your business
Advise you how to keep good business
records
Support you with any accounting software
requirements
Help you with any business plans, cash
flows and budgets that may be required
General business advice
We'll set you up properly, take away
the fear of the taxman and help you budget for your tax bills.
We'll also suggest ways you can pay less tax than you might
have thought.
Company formation
and company secretarial
Running a limited company can be fraught
with time consuming compliance issues. Here at Nelson & Co.
we offer a full secretarial service, including:
Company formation
Registered office address
Advice on your responsibilities under
company law
Completion of all the relevant documents
including annual returns and accounts
Limited company
accounts and self-assessment company tax returns
Limited company accounts and tax returns
now have to be filed online with HMRC in a special 'tagged'
format.
We can give you:
An accurate picture of your true financial
position
Advice on how best to reduce your tax
liabilities
Peace of mind in knowing that your accounts
meet statutory requirements.
Confirmation of the corporation tax
liability and preparation of the company self-assessment tax
return plus online filing.
We'll deal with all the technical matters
and make sure the company accounts and tax returns are filed
on time.
Sole trader
and partnership accounts and self-assessment tax returns
Sole traders and partnerships need to
produce accurate accounts to assess performance and for taxation
purposes. We will advise on any potential areas of weakness
in your business.
Self assessment can be a time-consuming
and confusing activity for busy individuals. It can also be
costly with penalties for missing deadlines. We aim to spare
you all these headaches by:
Calculating your tax liability
Completing and filing your tax return
on your behalf
Advising you when various tax payments
are due and how much to pay
Introducing you to any relevant tax
saving ideas
Representing you in the event of your
being selected for enquiry by H.M. Revenue and Customs.
We don't just file your tax returns in
good time, we will give you advice on how to reduce your tax
bills.
Taxation
We offer expert advice on all areas of
business and personal taxation.
This will help you to minimise liabilities
and gain the maximum advantage from existing legislation in
the following areas:
Capital Gains Tax (e.g. sale of shares,
property or business)
Corporation Tax (e.g. how to minimise
liabilities)
Income Tax (e.g. furnished holiday lettings,
Construction Industry Scheme, etc.)
Inheritance Tax (e.g. how to reduce
the potential 40% tax liability)
PAYE and National Insurance (e.g. how
to minimise paying NI, golden handshakes, etc.)
Value Added Tax (e.g. voluntary registration,
recovery of pre-registration VAT, etc.)
Management accounts
The implications of short term financial
strategy can be the difference between success and failure
for any smaller business. The production of regular management
accounts assists dramatically in the decision-making process.
Regular management accounts can help
identify a business' strengths, weaknesses and opportunities
for improvement.
General Business
Advice
We have considerable experience of helping
a wide variety of businesses over the last 30 odd years.
We can help you to avoid the many pitfalls.
|