Audit

Limited Companies

All companies and limited liability partnerships with a turnover in excess of £10.2 million or total assets in excess of £5.1 million have a statutory obligation to have an annual audit, some companies below these limits may wish to continue with an audit if for example they are looking to sell the business, or required by participant, lenders or investors.

We also audit for clients, like charities, clubs and associations and pension schemes and will ensure that the business's financial statements are prepared in compliance with the latest accounting standards.

Accounts

Limited Companies:

All small and medium size family companies and audit exempt companies are also welcomed

Sole Traders & Partnerships

Our clients value our annual accounting review process which is still an essential part of the financial review and forward-planning process. It also enables us to review clients' VAT, PAYE and any other statutory obligations.

We can quote fixed fee for small businesses and locum doctors, dentists, pharmacist and other consultants.

Instruct us to prepare your statutory accounts, PAYE & VAT and we shall unburden you of the worry of meeting filing deadlines, so that no late filing penalties are incurred. When preparing these accounts, we shall actively seek ways to save you tax.

Business Tax Management

We deal with all personal taxes including income tax, capital gains and inheritance tax.

Our planning strategies include corporation tax minimisation.

Our staff have 25 years experience of dealing with tax investigations. We can also provide insurance cover whereby all professional fee for dealing with investigation will be paid by insurers.

Strategic Management Service

We can advise you on business management, long term and short term planning.

• How to maximise profits and minimise costs.
• We can prepare (a) periodic management accounts for you.
• (b) Business plan including cash flows and budgets

At smart accounting we run a book-keeping and PAYE bureau. We also advice and give training on computer soft ware of your choice. For example Sage.

We provide company formation service and also give advice on incorporation of business from sole trader and partnership to ltd company.