Services
We offer a wide a range of accountancy and taxation based services. Our services can be structured in a very flexible format so you get what you need, when you need it.
Bookkeeping
Recording the transactions of a business requires time and effort. It also requires the appropriate software and the knowledge in how to use it. We can provide a full range of bookkeeping services including setting up the software and training you in using it or we can handle all of your bookkeeping for you. We are a Certified Quickbooks Pro Advisor and also have extensive experience using many other applications such as Sage, Xero and Quicken.
Accounts Preparation
All businesses need to prepare accounts, whether this be the annual accounts for submission with tax returns or monthly or quarterly accounts used to help manage a business. We can prepare these as and when you require as part of our standard service.
Taxation Services
We provide a cost effective and timely service to prepare and submit your personal and business tax returns. We aim to minimise your tax liability by taking advantage of every allowance and allowable expense available to you. Our aim is not to prepare tax returns in the shortest time possible but to fully consider all available treatments to ensure you pay as little tax as possible. Taxation is an ever changing mine field. The requirements for reporting the financial affairs of both individuals and companies to Revenue Jersey are updated each and every year and you can’t be expected to keep up with these changes and understand the impact they may have on your business without the assistance of an expert. We handle the tax affairs of our clients every day and keep fully in tune with new and proposed tax laws as and when they are released to make sure we can provide you with the best and most accurate advice possible. Queries are often raised by clients in relation to their tax returns and we deal with these as part of the agreed monthly fee. Nothing extra is charged.
Monthly & Quarterly Management Reporting
Financial accounts and other financial management reports should not just prepared to comply with laws and regulations. They are essential in giving you the information you need to run and improve the profitability of your business. You need to know which parts of your business are profitable and any that are making a loss, which customers are costing you money because they are late payers and which products generate the best margins. You need to know if and when your cash flow is likely to fall into a negative position in time to arrange suitable finance to fill the gap. Such finance often requires accounts and other management information to be submitted to the lender on a regular basis. We can design and prepare all the reports you will need. Your bank will appreciate that your business is being well managed, you can spend your time running the business while we make sure that every transaction is correctly recorded and the information that you need to make decisions and satisfy the requirements of your bank is ready when you need it.
Monthly & Quarterly Management Reporting
Financial accounts and other financial management reports should not just prepared to comply with laws and regulations. They are essential in giving you the information you need to run and improve the profitability of your business. You need to know which parts of your business are profitable and any that are making a loss, which customers are costing you money because they are late payers and which products generate the best margins. You need to know if and when your cash flow is likely to fall into a negative position in time to arrange suitable finance to fill the gap. Such finance often requires accounts and other management information to be submitted to the lender on a regular basis. We can design and prepare all the reports you will need. Your bank will appreciate that your business is being well managed, you can spend your time running the business while we make sure that every transaction is correctly recorded and the information that you need to make decisions and satisfy the requirements of your bank is ready when you need it.
Preparation of GST, ITIS and Social Security Returns
These returns take time to prepare. If you are short on resources to handle this every month or quarter, we can do it for you. We keep up to date with all the changes as and when they are implemented to ensure you stay in compliance with the law. We can prepare and submit the returns so these routine and dull tasks do not appear on your To Do list every month.
Business consultancy including New Business startups
Starting, buying or selling a business is not a matter to be taken likely. Your figures need to be realistic and accurate. They also need to be credible if you require finance or are seeking assistance from an investor. We can help you write a business plan or assist you negotiate a business purchase or sale. Maybe you just want a sounding board to talk through a potential new start up or product line. We have experience in many types of business and funding structures.