Need accountancy and tax help?
Running a business can be very daunting and more often than not the help you need at start-up, when taking on a new project, or trying to reduce costs is either very expensive or you have to rely on too many advisors who fail to see your business as a whole.
This is where we can help ...
It is rare to have the advantages of both a management accountant and tax accountant when you have a meeting. You normally get one or the other and the two never seem to correlate. Reducing costs increases your bottom line profits and growing your business may increase capital costs. Without knowing the tax implications you could be landed with a large tax bill. Often tax takes priority and "quick fix" tax savings may not be adventageous over a long period of business growth, or may even be detrimental to your tax position long-term. At SP Consultancy we know how internal costing and external tax planning are fundamentally linked and one will always affect the other. Typical issues business owners and directors may face are: Increasing sales contributions increases profit and tax. Ensuring those profits are utilized tax efficiently in business growth will have a positive affect in reducing tax liabilities. Remuneration planning to optimise tax allowances but ensure company profits remain stable and shareholder dividends optimised. Investing in plant to increase production and sales but understanding the timing of purchase to minimise tax charges. Timing of VAT to improve cashflow and the use of VAT schemes. Employee and sub-contractor tax can have a huge impact on your business and how you control these resources and the tax liabilites that flow from these. The main benefit is to your bottom line - you save fees and you save a lot of time. Your meetings are more efficient because you can look at the costs of a project right through to the tax implications at the same time, so your decisions are more informed, will be better able to bring shareholders "on-board" with new investments quicker and you see value added from the accountant - no seperate high fee "cost reduction consultants" and no waiting to find out after year end that your business growth project could have been better timed and saved tax.
Quick email link.......
Click button to email me with your questions or find out more about SP Consultancy.
Acacia House - If you need advice and have an hour free, please call to visit us in Maidstone.
There is no charge for the first meeting and you will leave with lots of information and key planning points to work on until our next meeting.
Contact : 07811-163421
Typical work that we do..
Many accounting firms supply a book keeping service and year end accounts, along with filing self assessments and VAT returns.
We also provide these services, but unlike many firms, we are there supporting you in your business on a regular basis either through site visits, email or phone, when you need us - when you want advice - when you want training - when you need an extra pair of hands.
That is where we are unique, often working one day a week with a client for a set timescale to help build up the business, resolve problems, or set up useful systems to manage information, or ensure continuity.
Sometimes we are called in to a mid or year end review, to draw up interim or final accounts and provide a tax estimate. We can train your staff to understand the accounting function better, or we can review your payroll to ensure the deductions are correct in preparation for your year end, saving time and meeting the deadline.
You may want to learn about setting product costs, how to cost in your overheads to a project, or how much sales revenue you need to make a profit. Or you may just want to see us once or twice a year for a review.
We look at VAT schemes that best suit your business. We review your assets to optimise tax allowances. We will even look at the structure of your business and see if tax reliefs are being optimised and shareholders are obtaining value.
In fact we can provide you with lots of useful help and advice. We also have access to lots of other services that can benefit your business.
Have a look at our fixed fee structure to ensure you find the service you want for a price you can control.
