Businesses

Small business owners want to concentrate on growing their businesses, not getting bogged down with bookkeeping, payroll and VAT returns.

We offer a flexible service that provides either regular outsourcing or ad-hoc help to cover staff sickness, recruitment problems etc.

Corporate Accounts

Accounts are a fundamental tax requirement for all businesses, but there is more to a set of accounts than just keeping the taxman happy. Fully understanding your accounts can be an invaluable tool to help you run your business, regular management accounts enable you to keep your finger on the pulse of how the business is performing, knowing your cash flow position can help you make important decisions, and utilising cloud accounting software allows you to view your current position in real time.

Whether your accounts are currently maintained on a computer or manually prepared from invoices and bank statements we can work with them. We will explain how to make the most out of your accounts in a language you understand to ensure you have tools you need to help your business grow.

Taxation

As tax advisers, our objective is to work closely with you to ensure you pay the minimum tax required by law.

We will help you to understand in a jargon free way the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.

Corporate Tax

We offer a comprehensive compliance service to take the burden away from you including:

  • Preparing and submit your corporation tax return
  • Dealing with HMRC on your behalf
  • Advising you how much tax you have to pay and when it is due.

We also offer a number of tax planning services to help minimise the tax you pay including the following:

  • Consider the most tax efficient structure for your business
  • Review and optimise your profit extraction
  • Maximise use of trading losses
  • Benefit from all available tax reliefs and opportunities
  • Group Relief
  • Research and Development Tax Credits
  • Reconstructions and Reorganisations

Getting good corporate tax planning advice can make significant savings to your business.

VAT

Ever changing regulations and the growing demands of HMRC mean VAT compliance is a burden for all organisations.

We can help with both compliance and planning. We can assist with the following:

  • Registration/Deregistration
  • Completing and Submitting Returns on your behalf
  • Advise on most appropriate partial exemption method or VAT flat rate scheme
  • Advice to not for profit organisations
  • Assistance when buying or selling a business

Capital Gains Tax

Capital Gains Tax (CGT) is the tax payable when you sell or ‘dispose of’ an asset that has increased in value while you own it. The asset could be shares in a company, a piece of land our even gifts.

There have been considerable changes to this area of tax over the last few years and it is important to get professional advice so you don’t end up paying more than you have to.

Areas of advice include:

  • Entrepreneurs Relief
  • Principle Private Residence Relief
  • Use of Capital Losses
  • Transfers between spouse

Remuneration Planning

Our specialist staff can help advise you on how to design and implement an enhanced remuneration scheme for some or all of your staff and directors.

Areas to consider include:

  • Pension contributions
  • Salary sacrifice schemes
  • Company cars and other benefits – including low or no benefit vehicles
  • Salary v Bonus v Dividends

Tax Investigations and Enquiries

Tax investigations and enquires are on the increase with specific trades and professions being targeted. We can assist you through the stressful process by handling the correspondence, attending meetings with HMRC and appeal against outcomes if necessary

Start Up

Starting a new business is an exciting time but it can also be a stressful one. It is vital to seek good advice at the outset to ensure you build your business on firm foundations.

At stilltho we can lead you through the maze of forms and bureaucracy and help you transform your business idea into a successful enterprise.

We have helped hundreds of new start-ups transform into thriving businesses and we would like to help you do the same. You will have your own qualified accountant to guide you through the formation process, incorporation, payroll, VAT registration and anything else you need. This leaves you free to spend time developing your new business.

We will help you:

  • Decide on most suitable structure for your business whether that is sole trader, partnership or limited company
  • Prepare a business plan and projections and accompany you at meetings with your bank if required
  • Complete any registration procedures with Companies House and HM Revenue and Customs
  • Advice you on a bookkeeping system – unlike many accountants we do not just promote one system –we will assess what we think is the right package for you.
  • We can take over the entire accounts responsibility by doing your bookkeeping, payroll and VAT returns for a fixed monthly fee. This would be done on a cloud based system such as Xero to keep you informed 24/7.
  • Provide general business and tax advice as your business grows

We recognise that start-up businesses tend to need more help in their first year or so and we are available to help – we offer a personal service not just a computer based relationship.

Payroll

Had enough of RTI? Worried about auto enrolment? We offer a complete payroll service.

We will deal with all the processing of the payroll and preparation of returns for your organisation.

We’ll help you through the rigours of auto enrolment, send out client communications on your behalf and submit data files to your pension company.

Bookkeeping

Our extensive bookkeeping department is on hand to give you as much or as little support as you need. Using cloud accounting systems we look after the record keeping while you have 24/7 access enabling you to keep in touch with who owes you money, who you owe money to and how your cash flow looks. You get access from home, office or wherever there is an Internet connection.

Business planning and forecasting

Every business should plan ahead to ensure success, but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we will ensure these are both meaningful and robust.

Liaising with banks and institutions

Dealing with financial institutions can be quite daunting; drawing on our wealth of experience we can help you through this process.

Management Accounts and Information

Regular management information is vital to the continued success of any business. Working closely with you to get to know your business we can make suggestions to help improve profits or to develop and grow your business. We can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.

Consultancy and Business Advice

Your professional and personal goals are central to our consulting services; we take the time to get to know you better so we can offer the best advice. Our partners have years of experience helping and advising all types of business in the local community and beyond and are well placed to offer a vast array of experience and knowledge to your business.