Accountants in Bathgate

Communication is Key

We feel we are good communicators and hope that we can help our clients understand clearly the regulatory framework in which they operate. We also feel that we can speak on our client's behalf with third parties in an effective way.

Communication is key as our agency for you is most successful when we have open communication and receive at least as much information as you think we need. We will probably always think we need something else as well!

We have experience of representing clients who do not have English as their first language. We can speak some other languages and are happy to arrange for translation services or to communicate using an internet translator.

VAT

We can advise when to register and de-register and which VAT scheme may be appropriate and all our clients will be compliant with Making Tax Digital which we can deliver in various ways.

We can compute your VAT Return figures and ensure that submissions to HMRC are made in time via software or spreadsheets. As rules change we will advise you so that you do not become non-compliant.

We can assist you in dealing with any investigations and in liasing with HMRC.

Self Assessment

We can process your information and prepare, in conjunction with yourselves, your Self Assessment Tax Return; ensuring that it is submitted on time and you are advised clearly if there is tax to pay and when to pay it.

We will also use our tax knowledge to seek to minimise the tax due, whilst ensuring that you are compliant with the law.

When HMRC brings out Making Tax Digital for Self Assessment, we will be ready!

CIS Deductions

We can operate a CIS scheme either as a contractor or sub contractor and ensure that Returns are made when due and that deductions are correctly accounted for.

Landlord Taxes

We are able to complete tax returns for landlords, including the new Sec 24 interest restrictions. We are aware of the legislative framework faced by landlords and we are also able to consider ways in which properties can be managed in order to be tax efficient as well as compliant. We can advise on Capital Gains Tax and Inheritance Tax Issues and in outline on Trusts and Estate management. We do not currently hold a probate licence and would refer you to other specialists with whom we are in touch if your situation requires it.

Business Start Ups, Reorganisations & Exit Strategies

We can advise on the best way forward for a new venture, whether to operate as a Sole Trader, Partnership, LLP or Limited Company. We can also discuss options such as a Company Limited by Guarantee, Social Enterprise or Community Amateur Sports Club for charitably purposed organisations and can sort out the set up requirements, registrations with HMRC and tax advice. We can also produce budgets and give you pointers with regard to legal requirements. Similarly we can consider groups of companies.

Business Advice & Management Accounts

We can assess the "pinch points" of your business and work with you to establish an understanding of margins. We can then analyse your transactions in such a way that you have a clearer understanding of how your business operates which will enable you to make informed decisions and strategies. We can produce management accounts either monthly or quarterly in addition to accounts required for reporting/tax filing purposes. We can also compare actual figures to Budget and analyse any variances.

Tax Investigations

If HMRC are investigating you and you need help, we are more than happy to assist. If you are one of our clients you can participate in our Fee Protection insurance under which for a modest premium, you would be covered for the cost of any fees for additional work that may be necessary. We can communicate with HMRC on your behalf and can ensure that decisions that may be available to you are taken at the right time. We have some experience of attending the First Tier Tax Tribunal and of other investigations and we also have access to other specialists.

Insolvency & Company Dissolution

You may simply wish to exit a business or company but be unsure how to go about this. We can advise the procedure and administer the process. We are not licensed Insolvency Practitioners, but if your business/company is facing financial difficulties we can advise at an early stage and can refer you to Insolvency Practitioners if this is the preferred option. Come and talk to us and see if we can help.

Foreign Tax

We can advise on the tax consequences of leaving the country for work or retirement and as to what happens to properties abroad and in the UK. We can advise on residence and domicile issues and on the "Non Dom Charge" and the Statutory Residence Test.