Tax Help for UK Businesses

Tax help is available for UK businesses from Clark Howes.  Of all UK accountancy practices we provide amongst the most comprehensive assistance with the financial management of client's businesses, ranging from supplying sage accounting software and the necessary training to use it, to the final tax preperation for year end accounts.  Here are just some of the things we can help with:

Preparation of Regular Accounts

We can prepare monthly or quarterly management accounts to suit your needs, style and presentation; VAT returns; balance sheet analysis; bank account reconciliations; cash flow statements - all either emailed or posted to you.  Our services include the preparation and review of UK statutory accounts but since the inception of our outsourced services in 1998 we have insisted on having the final audit reviewed by another firm to ensure there is no risk of a conflict of interest and that you can trust our integrity. Very few of our competitors take this view but we feel this demonstrates a form of lateral thinking that sets us apart from the rest.

Budget Preparation

One vital factor in running a business is knowing where it is going, and a key factor in this is the preparation of an annual budget. We have spreadsheet models that take complicated variables and prepare complete annual budgets.  These are then presented simply, together with easy to understand graphs, pie charts or block diagrams.  

We can then follow this with a quarterly review during which we compare your last quarters results with your budget. We will objectively analyse what's happened, the cash impact this has had and assist you with your monthly budget planning for the next three month period.

Income Tax and NIC

Income tax is a personal tax either paid twice a year if you are self-employed or a partner, or deducted through payroll if employed (PAYE). NIC is an additional personal tax for the self-employed and employee and employer tax through payrolls. Additional employer NIC taxes arise on benefits provided such as health insurance, company cars or share options. Care taken before offering these benefits can mitigate employer's costs or at least allow you to understand the implications.

We focus on supplying quality services and in listening to you and undertaking as much or as little of your accounting and business requirements as you wish. We have a range of talented people with strong practice and commercial backgrounds. We combine the best of these experiences to apply to your needs the most appropriate skill sets.

We will understand your business and fine tune and scale our services to your requirements, reducing or even eliminating the need for you to hire internal accounting staff with all the costs incurred. We can also assist in other key areas such as legal issues; banking and finance; human resources or locating suitable office or warehouse facilities. Please feel free to Contact Us should you require any further information about our services.