Rawlings & Co

Almost all start-up businesses will need some level of funding and a business plan not only shows you the profitability of the idea, but it also allows lending providers and banks to fully understand your ideas and how the business will potentially evolve. We believe, with our expertise, you will have a much better chance of receiving the funding you require for your business.

Under Corporation Tax Self-Assessment (CTSA), the legal responsibility for calculating the corporation tax liability falls on business owners. We understand the issues you face and can prepare tax returns for you.

We will also produce the supporting computations of tax liabilities, advise you of corporation tax payment dates, provide timely reminders as payment falls due, and of course, be there to deal with HMRC on your company’s behalf.

Our aim is to help minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation.

What is my company worth?

To help answer this question, we provide the financial experience and knowledge for business valuations, including accounting, tax and dispute resolution. We are the advisor of choice in this increasingly complex area of business valuations.

There are many reasons why a business will need a valuation; estate planning purposes, litigation support, regulatory requirements, transaction advisory or dispute resolution to name some.

Monitoring your cash flow is one of the most important checks in business, so that you can predict all upturns and downturns, thus planning accordingly.

We offer financial forecasting for all your business dealings, whether a new, fast growing business or a mature business which requires ongoing management review.

Fast growing businesses may find themselves suffering from a depletion in cash, and without strong cash flow, will struggle to survive, regardless of how profitable they are. However, businesses that forecast their future cash flow and financial performance will fare much better in dealing with any unexpected events.

Many individuals and companies find themselves in need of capital gains tax advice. This is due to the intricate nature of capital gains tax and its far-reaching implications. Whether you’re an investor, a business owner, or involved in property, having a firm grasp of this tax aspect can result in substantial financial benefits and ensure compliance with HM Revenue & Customs.

Expert guidance is invaluable in making informed decisions about selling assets, managing investments, and devising estate plans. Our capital gains tax experts can help you navigate the complexities of tax legislation, discover potential exemptions, and implement tax-saving strategies like tax-loss harvesting or asset gifting.

In a “nutshell”, Management Accounts will allow you to stay in control of your business. Merely checking the bank balance from time-to-time, does not qualify as good financial control.

A more robust review of your current financial position needs to be carried out and the following are just some of the key areas we cover and important questions we can help answer, during the process of preparing Management Accounts.

QuickBooks Online is the number one cloud accounting solution worldwide and is one of the easiest online accounting systems as it learns about you and your business. QuickBooks will make useful suggestions to help speed up the time it takes to do your bookkeeping.

Many QuickBooks users do not need to have bookkeepers and enjoy doing their own bookkeeping on QuickBooks.
QuickBooks works anywhere and anytime as long as you are connected to the internet, so you can run your business from home, office or the other side of the world.

Here’s how it could benefit your business

• Create branded Invoices and quotes – quickly generate and customise professional Invoices and Quotes, then send them by email.

• Get things done when you are on the go – access real-time customer information and send estimates or Invoices from your iPad, iPhone or Android device.

• Connect to your business bank account – automatically import and reconcile bank account transactions from major banks.

• Track sales and expenses – up-to-date view of sales, full details of expenses and a clear view of profit.
• Track and manage your tax – instantly view your tax liability and get all you need to complete your Tax Return.

• Automatic backups – QuickBooks automatically backs up your data every day, keeping your figures safe.

Let us take the strain away from you and let you get on with running and growing the business. Payroll is complicated and has to be done on time and you as the employer are responsible for the mistakes.

Our highly-trained payroll specialists will be assigned to your company, specifically to give you a dedicated service that is fast and accurate. We will work with you to create a pay cycle schedule that works for you and your company.

Large or small business, essential or extensive services, we will tailor what we provide to suit your exact needs. Any time you need us, we’ll be there to answer your queries and work to make the payroll experience as smooth as possible for you.

All of our data is securely protected and kept completely confidential. We are fully compliant with all legislative payroll requirements and take care of every aspect of your company’s payroll.

With our income tax return service, we can remove the burden of administration and ensure every deadline is met. You simply provide us with your financial records in relation to your tax affairs, and we will;

Prepare all the necessary calculations and deductions.
Claim any reliefs, deductions, allowances and repayments that you might be due.

Ensure you meet end of quarter deadlines

Ensure you avoid all penalty fees

Make sure your application is checked for errors and omissions

Timely reminders when your next Tax Return is due.
Register, if required, and submit your information via the Government Gateway, which can take up to 2 weeks to complete.

Some of our clients do not need to file Self-Assessment tax returns, but they like the reassurance of us annually reviewing their tax position for peace of mind, often we spot problems with Code Numbers and P800 calculations which we are able to resolve satisfactory.

We have a friendly and trained team of professionals, ready to help prepare your statutory accounts to the highest standard and for a great price. Letting us deal with your Statutory Accounts, means your end-of-year finances are clear, organised and submitted, allowing you to move into the new year with confidence.

We will discuss your needs and match you with one of our accounting specialists, to give you the best experience possible. All our staff are highly trained, experienced and professional, meaning that your business team is free from disruption and extra work during this busy time of year.

We use expertly designed software to ensure maximum accuracy and our systems are always up to date on the relevant legislation in order to provide you with statutory accounts that fulfil all of the necessary criteria upon submission.

Compliance with VAT is becoming ever more complex. Investigations from HMRC can be intense, all the more important that you have an accountant who is successful in working with them.

We take best advantage of the reliefs available and the interpretation of the regulations. This is an extremely important feature of the service provided as it ensures peace of mind for all our clients.