We can... Prepare accounts to help in completion of self-assessment tax returns; Produce financial statements for filing at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public. Accounts are prepared to agreed timescales and deadlines. But we can do more than just report the history of what's already happened... Identify areas where we can assist in minimising your tax liability; Identify areas of the business that give you the most opportunity to make improvements; Use the accounts to help you measure where you are in meeting your goals and what actions you need to take. We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.
We can help you fulfill this role and offer the following services... Registered office facilities; Maintenance of statutory registers; Submission of statutory documents; Giving notice of General Meetings; Drafting agendas for company meetings; Preparing Minutes of Meetings; Completion of share transfer forms; Preparation of share certificates; Carrying out company searches; Filing of Annual Return; Acting as Company Secretary and General Company Law advice.
Many limited companies and other entities are required by law to have their accounts audited and business owners often regard the annual audit as a necessary evil that adds no value to the business. However besides helping you meet the statutory requirements, at tcp we also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance.
We are Registered Auditors with experience in a wide range of businesses and can perform a range of specialist audits.
Our clients come from all kinds of businesses, but we have a very special relationship with Medical practices; Hospital consultants; Dental Practises. Our years of experience afford us specific expertise in dealing with the complex issues that arise in professional partnerships and medical practices.
We are also experienced in dealing with the tax and compliance issues facing doctors and other medical professionals through our knowledge and expertise we look at minimising your tax liability and ensure that you make the most out of your income.
We believe that the best way to forge a great working relationship is face to face, we want to be looked at as being a part of YOUR ‘team’. We can work to fixed agreed fees and we will provide you with our full commitment to ensure that we have identified and met your objectives.
Whilst completion of tax returns and statutory tax obligations are important jobs, all accountants should be capable of completing them and advising you of your tax position and liabilities. We try to do more than just this and are interested in maximising your tax planning opportunities.
We all have to pay our taxes but within the legal framework there are numerous ways of saving tax and making sure you do not pay a penny more than is absolutely necessary. We have extensive experience in this area of work and always fight as hard as we can for our clients.
We can help with tax planning in relation to...
Tax efficient employee remuneration strategies;
Profit extraction strategies;
New clients are often surprised at how much can be done to help with their tax position. We are always willing to go that extra mile to offer advice on the areas where tax can be saved. We enjoy this work! It is important that this work is done in advance and you should contact us as soon as possible. All of our Tax Planning makes legitimate use of the Tax Legislation and Case Law, so that you are not put at additional risk from a full HMRC Enquiry, or where there are risks, these are pointed out to you.
Being the subject of a tax investigation by the HMRC can be a stressful and worrying experience. With the onset of personal and corporate self-assessment, HMRC staff can now review cases on a 'sample basis'; consequently, tax investigations have become more frequent. We have a wealth of experience in dealing with HMRC investigations, whether they are enquiries into an individual’s Tax Return under the Self Assessment regime, more detailed enquiries or employer-related investigations into PAYE and P11d compliance. If you are about to be the subject of an investigation, we can provide expert help and support.
Its never too early to start planning to exit your business. You work so hard for years building something from nothing, obviously you don't want this to go to waste!
When the time comes starting off on the correct foot can help in a successful sale, merger or even a management buyout.
At tcp we can hold your hand or guide you through the technical difficulties each step of the way in leaving your buisness.