The economic conditions remain difficult with ongoing concerns ranging from the global economic recovery and credit ratings of individual countries, to domestic demand and retail spending on the local high street. Our experience is that the picture is mixed, with some businesses flourishing and others struggling to stay afloat. And somewhat surprisingly, in these 'austere times', its not necessarily the luxury end of the market which is finding things difficult, with low interest rates perhaps boosting the spending power of those in secure employment.
Who do we help?
We help a wide variety of people and businesses involved with many different industries, and are well known and regarded for our work in a number of niche sectors, which include film & television, entertainment & media, charities and property & construction. Whether in one of these sectors or not, very often our clients are those where the owners are involved in the day-to-day running of the business - not just as a sole proprietor or sole trader, but also shareholders and directors of a limited company, or partners in a professional practice.
The right approach
Whatever the size of your business, our approach is to endeavour to build up a good understanding of your objectives and priorities, regarding both your role and the business overall.
We do this so that, when combined with our professional expertise, we can make sure our advice is relevant, practical and valuable. Because we get straight to the point with clear, jargon free answers so that you know what to do and when, many of our clients use us as a sounding board for both opportunities and problems. This is especially so with owner-managers who may not have in house financial experts, and it also helps us to keep our clients informed about issues and ideas that may affect them. We also provide information on specific issues and sectors to those we think will value it, and offer to introduce others who can help when appropriate.
How we can help
Our smaller clients and newer businesses, who may not have a dedicated accounts person in house, often rely on us to help keep their business financial records accurate and up to date, so that they can meet the obligations imposed by HM Revenue & Customs, Companies House and others. For some clients we run the payroll and complete VAT returns, as well as dealing with corporation tax and personal tax returns. For larger or more mature businesses we are more likely to carry out an audit or group tax planning exercise, inheritance tax planning, or advice on maximising value and after tax return in relation to a sale. All business have access to our help covering areas including accounting, tax compliance, tax planning for both the business and its owners, corporate finance, corporate recovery and strategic business planning.
Our expertise and experience
We are very experienced at balancing the needs and requirements of a business, its employees and it's owners. Although not strictly a business sector, owner managed business which are often also smaller or medium enterprises (SMEs) form the core of our business, and we are therefore used to looking at the overall cost or benefit for an business and its owners.