Services
Tax and accounting rules are constantly changing. It is our job to ensure our clients make the most of current tax reliefs and avoid taxation pitfalls. We take pride in spotting opportunities where others may not.
Core services
When working on our clients’ accounts and tax returns we always look to help improve profitability, save tax and reduce risk. We can assist you or your business with:
- Trading, business and rental accounts
- Accounts for Companies House and HMRC
- Xero and Receipt Bank
- Corporation Tax and iXBRL
- Managing VAT
- PAYE and RTI
- Self Assessment for individuals
Ad hoc services
We work flexibly to provide a tailored service to clients at each stage of the business lifecycle. Contact us if you need assistance with:
- Tax planning (remuneration, dividend, share structuring and asset sales)
- Change in business structure (eg incorporation)
- Tax investigation and enquiry assistance
- Capital Gains Tax
- Business sales and purchases
- Accounting systems controls and implementation (we are certified Xero and Receipt Bank partners)
Specialist services
Some niche areas of taxation require additional specialist knowledge to get you the best advice. We work with experts in:
- Research and Development Tax Credits
- Capital allowances surveys for business premises
- EIS / SEIS
- Employee share schemes
- IR35 contract reviews
We also have trusted contacts who we will be happy to introduce you to if you need help from solicitors, part-time financial directors or need financial services advice on matters such as mortgages, pensions, life cover etc.
Start ups
We understand a new business does not want to fork out large sums of money on professional advice before they even begin trading. As a member of the ICAEW Business Advice Service, we offer a free initial consultation with no obligation.
Start Right
We will get your business started on the right track with:
- Advice on which business entity to use (sole trader, partnership, limited company or LLP)
- Company formation
- Registering with HMRC for VAT, Corporation Tax, PAYE, Self Assessment
- Tax efficient structuring of your business
- Dividend, remuneration and benefits planning
- Raising finance
- Setting up an accounting system (Excel based, cloud accounting or desktop software)
Existing Businesses
We pride ourselves on spotting opportunities where others may not. Tax rules are constantly changing so you need someone to make the most of current tax reliefs and avoid pitfalls on your behalf.
While carrying out regular compliance work such as accounts and tax returns we are always looking for opportunities to improve profitability, save tax and reduce risk.
Staying on the front foot
Our compliance services include:
- Trading, business and rental accounts
- Accounts for Companies House and HMRC
- Corporation Tax and iXBRL
- Managing VAT
- PAYE and RTI
- Self Assessment for individuals
Landlords
When investing in property, there are a myriad of rules, regulations, reliefs and allowances. We keep up to date with these so that you can be compliant and maximise returns.
Property expertise
We have in-house expertise to provide:
- Rental accounts
- Advice on investing as an individual vs a Ltd company
- Capital Gains Tax advice
Some areas of property tax require specialist advice. We work with experts who can provide your business with:
- Capital allowance surveys
- Property VAT consultancy
Freelancers and Contractors
Freelancers and contractors are often unsure whether to set up as a limited company or use an umbrella company. It is often more beneficial to use a limited company as you can take advantage of more tax reliefs and exemptions to maximise income. We will help you throughout the life cycle of a limited company, from incorporation to closure.
Looking after you
Our key services for freelancers and contractors include:
- Umbrella company vs Ltd company assessment
- Tax efficient structuring of your business
- Setting up software to automate accounting tasks
- IR35 contract reviews
- Advice on tax-efficient expenses and benefits
- Accounts and tax returns
- Ceasing trade and closing down a company
Contact us now
To find out more about how CX Accountants can help you or your business please get in touch