Insight Accountancy and Consultants
Insight Accountancy and Consultants is a leading accountancy firm in Cardiff committed to building lasting relationships with our clients and adding real value to their business needs.
We provide a reliable, professional service to help to manage your personal and business finances.
Our services are based on the belief, that we can offer much more assistance to the success of your business over and above the traditional accountancy services. This is why we consider ourselves not only your accountants, but also business consultants.
Seeing our clients succeed has become a bit of an addiction! We like to think your success is our success and that's why we strive to be proactive recommending value added solutions and help to identify opportunities that improve your bottom line.
It is our objective to work in partnership with our clients and make a difference and that's why we continually look to develop our services to meet the current market conditions and needs of our clients.
Payroll services, CIS and staff support
From time to time your staff will have questions in relation to the tax deducted from their wage slip or opting into the workplace pension, our dedicated payroll team will make sure that you don’t feel alone managing your teams, complimenting your current process or helping you smooth out some potential problems that you might be facing to make this easier for you.
• Wage calculation and HMRC reporting
• CIS Reporting
• Wage slips creation and distribution
• Tax Planning and reporting
• Dedicated phone support for you and your teams should you need guidance
• Year end reporting to the HMRC
• P11d Reporting (Company Car benefit)
Bookkeeping and VAT returns
Being organised and on top of your records isn’t suited to every entrepreneur, we can help you stay focused with the important numbers and plan effectively for your VAT calculations and submissions. We are all too aware of the standard penalties for late VAT payments, and often VAT planning for your business sometimes needs to go further than calculating taxes, this can include financial planning, credit control, cash collection services and cash-flow management.
• VAT calculations and submissions
• Monthly Managed Reports
• Bespoke reporting
Corporation Tax, Self Assessment, Director Loans and Year End Accounts
Not all entrepreneurs know how to read a Balance Sheet or the expertise to sign off your drafted accounts before submission to Companies House and HMRC. We work towards your yearend so there are no nasty surprises with tax calculations working together throughout the year means that you can be financially equipped and certain that the preparations made are 100% correct.
• Accounts preparation
• Self Assessment
• Corporation Tax planning and calculation
• Financial guidance and support
Business Consultancy and Coaching
Taking the time to understand you and your business it’s natural that we would also want to share our knowledge and passion about success, leadership and business practice, simply collaborating and discussing your business and interests can help you articulate your plans and goals, as an entrepreneur at times you can sometimes feel lost or uninterested with your business, it’s this part of leadership that can be the most frustrating.
• Business model reporting and consultancy
• Chairman duties for managed businesses
• Entrepreneur one 2 one coaching
I'm here to help you.
I am a Xero Accountant based in Cardiff. I know it's unusual to put a software in front of your name, but it makes a difference. Xero is a cloud based accounting software and I am happy to call myself a Xero Accountant. It means that I can set up systems to access your data in real time. I can analyse that data in far more detail than I could if you used excel or SAGE.
This is important.
With 80% of businesses failing within the first 18 months; being a success could be defined simply as “still trading”. That's scary isn't it? All of that passion and drive that you have, all of those hours spent working to try and get your business up and running and “success” could literally just be still doing it. Still struggling, still just getting by, still working every hour possible.
I want your success to be better than that. I don't want you to struggle, missing out on important family occasions, hoping that the HMRC deadlines will just go away and the penalties will vanish.
Together we'll work as a team to understand your business. I'll prepare monthly or quarterly reports for you using your Xero data and we'll meet up to discuss them. You'll plan for your tax bills, your accounts will be submitted on time and you'll know where to focus your energy.
There is a saying that “ being an entrepreneur is working 100 hours for yourself so you don't have to work 40 hours for someone else”. I'm here to make sure that you don't spend those 100 hours investing and creating bad habits that will keep you working those 100 hours. I'm here to make sure that you're not spending those 100 hours doing tasks that I know you could do a whole lot quicker.
Remember: working around the clock does not make you successful.