Zircon Accounting Services Ltd
Chippenham, Wiltshire
Chippenham, Wiltshire
Using cloud-based accounting software, we specialise in online accounting and bookkeeping solutions. Say goodbye to filing and hello to accessible management information available anywhere, anytime and on any device.
Despite being online specialists, we are more than just a name at the end of an email.
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What kind of accounting services do you provide?
We provide fixed fee and transparently priced bookkeeping, statutory, tax and compliance services for small and medium sole-traders, partnerships and limited companies.
Why is it so important for businesses to hire a great accountant?
1. Accountants save time
This is pretty obvious. Even if a business owner feels they have a good handle on the financial paperwork, or have accounting software in place, it still takes time to calculate and file their financial information. With an accountant to take care of it, they have more time to focus on other aspects of the business.
2. They are the key to financial success
Make no mistake, well-kept books can mean the difference between financial success and disaster for any company. An accountant will make sure all financial information is visible, organised and accessible. This provides the foundation for better data analysis, to forecast income, prepare for losses, and plan strategically for the future.
3. They are year-round financial advisers
It’s all too easy to think of accountants as really only coming to life at month end close and during tax return season. But accountants are a vital source of information and advice for making critical business decisions on a weekly, even daily basis. As they are somewhat removed from the day to day running of the business, they can offer a new perspective based on the bigger picture, giving guidance on applying for business loans, providing solutions to problems or even new business ideas.
4. They provide useful insights from other businesses
A seasoned accountant will have worked with a broad range of companies, and will have a good idea of the best practices that worked for similar companies, as well as what didn’t work! That sort of insight is hard to come by and could be considered priceless.
5. They will always know better
There’s no doubt about it, accountants will always know best when it comes to working out what a business should be paying in tax and what is deductible, ensuring that it stays compliant and does not overpay. Plus, as changes to regulations and laws are always coming in, accountants will be one step ahead of business owners in their knowledge at all times because, hey, that’s their job.
What do you love most about your job?
There are tow things I love about my job.
Firstly, I love the variety. I see different people from different walks of life and work on different numbers every day. It's great connecting the accounts to the people who run the business, you really get a feel for the business and its story.
Secondly, I like the detail orientated aspect of the job. I enjoy being meticulous. Boring I know!
What inspired you to start your own business?
The birth of my son awoke a strong realisation of how important my time is. Every moment I was spending at work, was time not with him. Starting my own business meant that I could be happy in the knowledge that I was building something special, which is a good enough reason not to be spending time with him. It also gave me the flexibility to spend more time at home.
Why should our clients choose you?
Like the vast majority of accountants, I am meticulous and knowledgeable when it comes to keeping your business compliant.
What sets me apart is my ability to design processes and systems which best suit your needs. I am experienced in most accounting packages and have the technical knowledge to combine them for the best results for you.
Personal tax
If you are a high net worth individual, business owner, trustee or executor, you are required to submit a Self Assessment Tax Return each year to HMRC. If these returns are not submitted on time then you will receive a late penalty fine along with interest on any late payment of any tax due.
Zircon will perform HMRC tax computations, seeking to ensure you pay as little tax as possible by making use of all available claims, allowances and reliefs – while being careful not to allow the ‘tax dog to wag the commercial tail’..
We can help you with ‘what if’ calculations and advise on tax-efficient extraction of profits from your business.
Zircon will act as you agent with HMRC, completing and filing the return as well as dealing with any subsequent queries.
We’ll provide high level advice on your tax affairs. Due to our approach you will receive a personalised and quality service to ensure you comply with the requirements
Business accounting
Zircon will complete the year end statutory accounts as per the Companies House and HMRC requirements as well as the relevant accounting standards.
For Limited companies there are more statutory requirement that are required and they also have tighter filing deadlines. We are able to provide these services to comply with the latest legislation.
Whether you are a sole-trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be a very time-consuming and stressful task.
VAT accounting
Most businesses have to register for VAT when their turnover exceeds the threshold set by HMRC. Penalties are imposed for late registration, so it is important to check your turnover regularly if you are close to the limits.
When you have to register then we will complete the registration for you.
Being registered for VAT is an administrative burden. We are able to maintain VAT records for our clients and prepare the VAT returns in good time to ensure compliance with all the statutory requirements.
Payroll & auto-enrolment
Every business that employs staff must register for a Payroll scheme with HMRC and the run the payroll each time they pay their staff. With the new changes to Pensions, businesses will have to offer a pension to their employees. Running payroll and dealing with Auto Enrolment is time consuming and an administrate burden for business, also the penalties for doing things wrong can be costly.
Let us relieve you of this burden.
Zircon’s payroll services include:
-payslips, P45s and monthly PAYE payment schedules;
-full RTI reporting each pay period;
-annual payroll returns and administration including P60 returns;
-electronic payslips emailed to employees;
-review of payslips for National Minimum Wage and Living Wage;
-no extra charge for starters / leavers;
-preparation of reports and BACs file sent to employer; and
-if you require pension maintenance we will manage all aspects of auto-enrolment.
Cloud bookkeeping
Small businesses are increasingly looking to cloud-based accounting solutions to manage their bookkeeping, payroll, and VAT returns.
Our cloud-based bookkeeping service will take your business records right up to the year-end accounts stage, saving you time and money in the production of the year end accounts.
We use Xero's beautiful accounting software for our bookkeeping. Using Xero and its connected apps, our bookkeeping service is entirely online, meaning that your records will be paperless and available anywhere, anytime and on any device.
Zircon’s bookkeeping services include:
-posting of all sales and purchases;
-reconciliation of debtors and creditors;
-full bank and cash reconciliations on all accounts;
-segmental reporting, enabling you to split your accounting information by
-department or job; and
-posting of accounting adjustments such as inventory or accrual and prepayments.
Cloud accounting is the way forward and with HMRC introducing "Making Tax Digital" it will be even more important to have software that will make this process easier
At Zircon, we were one of the first firms of accountants to offer cloud-based accounting solutions to our clients. We also look at other applications that link in with the accounting solution to make your business more efficient.
Company secretarial
There are many tax advantages you can utilise by trading as a limited company. Our service for company secretaries and directors aims to take away the legal and tax burdens and give you full support to take the headaches out of complying with your statutory duties.
We have developed a complete range of solutions that can be tailored to meet the needs of any company – whether you are starting out or are an established firm who has just decided to incorporate.
Zircon’s company secretarial services include:
-formation of companies;
-company searches;
-completion of annual returns;
-change of officers, company name;
-adoption of new articles;
-changes in share capital;
-provision of Registered Office; and
-act as Company Secretary or officer of the company.
Management accounting
We provide accurate and detailed management reports, tailored to your specific needs. We work closely with you, developing the management pack as your business develops. This enables you to monitor the financials closely, investigating those areas which need your closest attention.
Zircon’s management accounts are available in three customisable packs:
-Bronze pack – This contains all your 'traditional' accounting information such as a profit and loss, balance sheet, debtors and creditors reports. We are also able to split, breakdown and interrogate this information to suit your needs;
-Silver pack – This contains everything in the bronze pack, plus any budgeting or forecasting requirements; and
-Gold pack – This contains everything in the silver pack, plus a cash flow forecast.
