RGA Accountant

The book-keeper  records financial transactions and creates financial reports from that information. It is this service which RGA Accountants Ltd to offer to their clients. This service includes a number of the following:
- Monitor debt levels and compliance with debt covenants.
- Ensuring compliance with Inland Revenue Paye regulations.
- Conduct a monthly reconciliation of every bank account.
- VAT returns.
- Submitting payroll figures and entering payroll journals.
- Managing the Book-keeping function to trial balance.
- Calculate and issue financial analysis of the financial statements
- Maintain an orderly accounting filling system.
- Maintain the chart of accounts.
- Maintain the annual budget.
- Calculate variances from the budget and report significant issues to management.
- Provide clerical and administrative support to management as requested.

We believe clients should receive a high quality tax planning service in order to minimize future liabilities. We have gained an enviable reputation among business people and professionals for our excellent work carried out in this area.
All staff throughout the practice are kept up to date with current taxation legislation, to ensure that all our clients’ requirements are identified and dealt with at an early stage in the planning process.

Value Added Tax (VAT) is without question one of the most complex and onerous tax regimes that is currently imposed on businesses. This minefield that is VAT inadvertently has businesses either overpaying or underpaying their VAT.

The ever widening scope of VAT is adding to the already ever growing demands on businesses. The constant stream of detailed changes to the regulations are beginning to call for trained professional eyes to ensure that you do not fall foul of the ever changing regulations and do not pay more than what you need to.

Pulling together all your information can be stressful for most individuals but with our Annual Accounts Services we remove all that stress from your shoulders.

Here at RGA Accountants Ltd our team produces Annual Accounts for sole traders and partnerships who are vat registered and those who require a Balance Sheet.
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We believe it is important to develop a full understanding of your business, the environment you operate in, the risks and opportunities you face and your concerns.
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You will have access to clear, concise accounts delivered to you swiftly after your financial year end.

We will review your accounts which means that we can highlight trends, discuss issues and make recommendations to improve your results.
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This service will allow you to start making the decisions and taking the actions necessary to get closer to your goals.
We can also provide you with bench-marking information so that you can compare your business with others operating in the same sector.

During your Accounts finalization meeting we will help you interpret and understand your results fully.
We will also take you through the financial trends in your business and tax savings you have made.
You will also receive a summary of your prior year figures which will help you see the bigger picture of how well your business is performing.
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You will have the chance to review your personal goals for the next few years and assess whether your business results are serving these goals.
We will suggest what you can do to better, to align the two and create the results you want……

Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax.

Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return

Whether your a Landlord, Self Employed, CIS, Corporations, Directors or Partnerships you all will need to fill in your Self Assessment correctly and filed online before 31st January to avoid any penalties.

​By selecting RGA Accountants to prepare your Self Assessment you will have your return complete to the highest professional standard making use off all tax saving available for yourself.

A strategic plan is the first step towards moving a business away from being dependent on the owner(s) and towards a fully systematized and profitable operation.

Our aim is to help you create a picture of what your business will be like when it is fully “complete”.

We spend some time with you (typically one day) and listen. We facilitate a discussion of:

The personal objectives of the business owner(s);

The strategic plan of the business;

A five-year summary of financials;

Value pricing opportunities;

Unique selling points of the business; and

Exit routes and business value.

The benefits of this discussion are:

Consensus on key issues and strategies to address them,

Commitment to, and capacity for, implementing the strategies,

Clearer communication of priorities,

Improved cooperation among those pursuing strategic objectives, and

More effective management control of strategic initiatives.

Cash flow planning and forecasting is key to lowering financial stress. Here are some of the benefits of forward planning:

Provides detailed projection on where the money is coming from, useful if you have more than one source of income

Provides details of where the money goes

Provides a simple way to compare your real cash flow with your forecast

Removes the element of uncertainty and guesswork. Using the cash flow, you can see the effect of a decision on expenditure before you commit

Demonstrates the peaks and troughs of your cash flow during a financial year

Highlights potential funding gaps/problem areas in expenditure and can help prioritize and plan the timing of larger purchases

Know where you really are against turnover and profit targets

Allows quicker decision making in turbulent times

Our most profitable clients all plan ahead. Talk to us if you would like projections to help grow your business.