AKS Accountants (North West) Ltd

Value added tax is not an easy subject to talk about. Our aim is to make it as simple as possible for you to handle and understand. It is seen as one of the most complex tax areas to be imposed on businesses. The VAT “goalposts” are constantly being moved as well as the ever changing stream of regulatory details. HMRC is constantly demanding more and more from businesses which add more stress on top of what you already have to manage. It is our expertise and expertly trained eyes that help you make sure you do not miss anything and do not fall foul of the regulations. We make sure you do not pay the chancellor any more than you need to.

Our efficient and cost-effective VAT service includes:

Assistance with VAT registration
Advice on VAT planning and administration
VAT control and reconciliation
Help with completing VAT returns
Processes put in place to avoid future issues with HMRC
Representing you at VAT tribunals.

The task of payroll processing can often divert you from your core business activity. It is our job to help and take the worry and time out of this process for you.

By allowing us to look after your payroll activity, we will free up more time for your staff to attend to other business areas, therefore creating more opportunities and raising efficiency in the business.

Our payroll services are thorough and, of course, compliant with HM Revenue & Customs statutory requirements. We can deal with every aspect of UK wages and salary requirements including:

Setting up a new payroll system
Day to day payroll processing
Dealing with PAYE and National Insurance deductions
Completing your end of year returns
Holiday pay
Statutory pay
Stakeholder pensions

Corporation tax is a major part of your trading costs. It is the increased reporting obligations, thorough investigation policies imposed by the tax authorities and tough penalties for non-compliance that means that a lot of time and resource is taken up collecting revenue for the Government.

We can assist you and your business by completing and filing business tax returns as well as preparing and submitting end-of-year payroll Tax Returns. By using us for your corporate tax and planning, means we can act as intermediaries for any disputes with the tax authorities.

As part of this service, we can help you with determining the most tax effective structure for your business by taking full advantage of tax opportunities and reliefs. It is our job to make sure that you achieve the best capital or revenue tax treatment as well as reducing your tax on disposals and maximising relief on acquisitions. There are also many tax opportunities specific to certain industries and our in-house expertise to help you tackle these.

The company secretarial function for any business is often seen as an arduous task normally overseen by a family member or a senior employee, such as Company Secretary. This can be met with issues as the designated Company Secretary may not have a full understanding of the duties they are required to undertake.
We can provide you with a comprehensive service to ensure that your company complies with the myriad of obligations required under company law. We have experience working with a variety of companies helping them meet their company secretarial and corporate governance requirements. We offer a range of services from a fully outsourced company secretarial function to providing ad-hoc advice and assistance.

Our full company secretarial services include:

Company formations
Preparation and electronic filing of statutory returns
Preparation of all documentation related to minutes and resolutions
Maintenance and storage of statutory books

We are here to relieve you and your staff from the troubles and burdens of in-house bookkeeping and accounting, including your annual accounts.

We work very closely with our clients in order to gain a full understanding of your business and how you run it. We have the capacity and flexibility to then tailor our approach to your needs in order to deliver the most appropriate service we can for you.

One of the most important aspects of this service is the preparation of management accounts. We see these as vital and integral to the continuity and success of your business.

Again, we discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.

Corporate Tax
Corporate tax laws are complex and constantly changing. To minimise your corporate tax exposure, proactive planning is vital. Our specialist tax advisors are highly qualified, commercially driven and experienced in minimising liabilities, so you can be sure you are in safe hands.

We provide a comprehensive corporate tax compliance service which ensures your business is set up with the most tax-effective structure and corporation tax liabilities are minimised. Our expert tax advisors make the most of allowances and tax reliefs available to you and capitalise on industry specific tax opportunities. Importantly, our specialist advisors also give you peace of mind that all corporate tax returns are fully compliant and filed correctly, thereby avoiding any potential penalties.

We are able to advise you on the most effective tax structure for disposals or acquisitions and will also act on your behalf in any discussions with the tax authorities. We can also offer guidance on capital allowances and capital gains tax – which, with careful planning, are sensible ways to reduce your tax bill.

We are able to help with Research and Development tax relief claims and have successfully made scores of R & D tax relief claims for our clients, many resulting in a refund of tens of thousands.

Personal Tax
In addition to corporate tax planning, we also offer personal tax advice. Our experienced tax advisors provide support with the full spectrum of taxes. For example, guidance on income tax, capital gains tax, inheritance tax and more.

Protect your position

To cover you in the event of a tax enquiry and relieve you of the cost of professional representation, we also offer tax investigation insurance. Investigations by the HMRC can often last years, so this cover could potentially save you a significant amount.

Why choose us?

Continuous investment in our specialist tax advisors gives you the reassurance that your tax matters are dealt with by experts in their field. Our specialist corporate tax team are:

Accurate, timely and cost effective
Highly qualified, specialist tax advisors
Skilled at identifying tax savings opportunities
Experienced in managing complex circumstances
Provide ongoing support. We value long term relationships.
Most important of all, efficient corporate tax planning can result in significant improvements in your bottom line.

To find out more about our corporate tax compliance service, email or call us on 0151 317 7160.

Expert accounting
We provide accounting services for sole traders, partnerships and limited companies of all sizes, ensuring year end accounts are kept in good order. Working as your outsourced finance department, we provide accounting services that go well beyond statutory requirements, delivering valuable financial information to support and guide your business decisions.

With many decades of senior-level accountancy experience between them, our senior accountants underpin our expert accounting teams. We invest heavily in staff training and development to ensure your accounts are managed by a skilled and knowledgeable team.

Our accountants
You need your accounts to be accurate, compliant and timely. Our experienced team provides this and more. We interrogate the numbers to delve deeper into your business, then provide innovative recommendations to help drive your business forward.

In addition to annual accounts, our expert team can help with:

Payroll administration
VAT return preparation
Bank reconciliations
Credit control
Cash flow management.
We also offer further management accounting services including:

Budgetary control
Variance analysis
Performance measurement
Ratio analysis
Management accounts.
We provide all these to keep you fully informed on the essentials of running a successful business.

Why choose us?

We offer a flexible service which can be delivered on a continuing basis, or for temporary, short term or specialist cover. We are also happy to use your own established systems or our in-house accounting software. We are experienced online accounting advisors and work with Xero, Quickbooks and Sage.

We can operate these cloud based accounting systems and others, either on your behalf or working alongside your staff.

We can base ourselves in your offices or work remotely in ours. Many of our clients regularly call in to our office to meet their dedicated accounting manager, whereas other customers prefer us to visit their business premises. On site visits also give us an opportunity to provide training and ongoing support for staff, tailored to your specific business needs.

To find out more about our accounting services, email or call us on 0151 317 7160.

If your personal affairs are complicated then completing a self assessment tax return can be a daunting process. Failing to submit a return on time will incur a penalty which increases over time the longer it is outstanding. The continual changes to the tax system makes completing tax returns harder and harder potentially resulting in more fines further down the line.

We can save you a lot of time, worry, and money by handling your self assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can act as your agent, dealing directly with the HM Revenue and Customs on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

With the tax regime becoming more complex, and more focus being put on taxpayers' individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements.

We can provide you with year-round tax advice on:

income tax
capital gains tax
inheritance tax
trusts and estates
non-domiciliary tax issues
Every pound of income tax you save means more income at your disposal, every well planned disposal of assets means minimal loss of capital gains, and every inheritance tax saving means more benefit for your beneficiaries.

Make sure you take full advantage of the tax saving opportunities open to you - call us today for a personal tax planning review.