Our detailed, hassle-free and flexible approach to your taxes means that, whatever your circumstance, we can safeguard and protect your finances., leaving you time to focus on the everyday running of your business or company. Smith & Brown’s dedicated team of self-assessment tax experts will provide you with strategic guidance, so you can make the most of any opportunities in the tax system.
Self-assessment is a system that HMRC uses to collect income tax. Tax is usually deducted automatically from an employee’s wages, pensions and savings. People and businesses with other income must report it in a tax return. Individuals must send a tax return if, in the last tax year, they were:
Most companies or businesses hire a dedicated bookkeeper or accountant to ensure that the information required for tax assessment is easily available in the correct format. For sole traders and self-employed individuals this is often not appropriate or financially viable, so many self-employed individuals try to handle their personal tax accounts themselves.
As a result, they often eat up their own time and worry about whether they’ve made any mistakes. When handled like this, self-assessment tax return can be frustrating, complicated and time consuming. And when you’re self-employed, there’s nothing more valuable than time.
By hiring a personal tax accountant to look after their bookkeeping and taxes, sole traders and business partners could save themselves plenty of time, money and stress.
Aside from saving you precious time, accountants can also save you lot of money in the long run. There’s a misconception by self-employed individuals that by hiring a tax accountant they’re just spending money for something that they could do themselves. This isn’t necessarily the case.
A reliable and trustworthy tax accountant will be able to complete your personal taxes in a much shorter time frame than you. Not only will this allow you to focus your own time on finding new business, but it’ll also give you more personal time too. Likewise, by hiring an accountant to sort out your self-assessment tax return, you’ll save yourself from making any costly mistakes that’d get you in trouble with the taxman.
Yes, you will spend money on an accountant, but what you’ll save in taxes and time spent will be worth it!
Smith & Brown can handle your self-assessment tax return no matter what state your bookkeeping is in: we’re as comfortable with a double-entry ledger as we are with a box of old receipts.
We’ll provide a flexible service to you that lets you give us the information we need in any way you like and takes away the hassle completely. You can email us, talk to us on the phone or in person; we’re even happy to collect paperwork from your office!
Whatever your situation, tax-planning is our speciality. When the time for submission of your tax return comes round, we’ll arrange a meeting with you to discuss the expectations you have about your financial position and the amount of tax you’ll pay. Our fees are fixed annually and remain the same no matter what state your books are in, so rest assured that there won’t be any nasty hidden surprises!
Smith & Brown provide a high-quality accounting service for small businesses of all shapes and sizes. We are an established firm of relationship-led accountants, with clients throughout the Northwest of England. Our accounting services have helped countless small business owners in a variety of industries. From trades and services to retail and hospitality, wherever your passion may lie, Smith & Brown are here to help your business flourish.
We realise that running a small business can be demanding and time consuming. Above all else, we’re committed to understanding the ins and outs of your business and designing an accounting service that’s especially for you. We build lasting relationships with our clients that work.
Over the past twelve years we’ve developed a process-driven approach, which helps small business owners with the daily challenge of getting out from inside their business and staying on top of it. Our ‘Smart Growth’ uses the latest in data collection and processing technology to put you firmly in control of your business. We’ll help you find scalability and develop the confidence and vision you need to drive your businesses further.
Over the years, we’ve handled accounts and provided direction for hundreds of diverse businesses. Our qualifications and decades of experience mean that we understand the world of business and accounting. Whether it’s strategic analysis or the subtleties of taxation planning for unincorporated companies, we’ve got it covered.
Once your company is registered, Smith & Brown can provide professional accounting services to help manage your company. Our accounting services have helped countless small business owners in a variety of industries. From trades and services to retail and hospitality, wherever your passion may lie, Smith & Brown are here to help your business thrive.
We offer in-depth analysis to see how your small business or company is performing, with the difference between our accounting services and the rest being our ability to see the bigger picture for your business. We focus on your goals, what you want to achieve and provide advice on the best route to get there.
Besides business startup and company formation, Smith & Brown also offer the following accounting service for small businesses:
We can handle your small business’ annual accounts for you, meeting the submission deadline on your behalf, giving you the peace of mind that your submission will be complete and correct. Our accountants are also chartered tax advisers, which means that they have the skills and experience of the UK tax system to save you money on your tax-bill, which, in the case of your accounts, means more money in the bottom line for you.
In short, we’ll help you to set up and manage whatever system of bookkeeping you require. All our bookkeeping solutions are designed to give you insight, control and easy access to your accounts whenever you need it. We charge a fixed annual fee so you can anticipate your costs without any hidden surprises.
Xero Cloud Accounting gives you access to a huge range of real-time data about your business 24 hours a day. Cloud based accounting software gives you, your finance team and your accountant, access to the same data simultaneously without having to send it to each other by email or physical methods like USB or CD.
We offer a completely comprehensive Payroll service through our own sophisticated cloud-based software. Using this system, you can easily handle all your payroll requirements, as well as maintain a full HR database.
Does sorting your business’ corporation tax return fill you will worry and dread? Smith & Brown can simplify the process, so you don’t have to deal with HMRC, never miss a deadline and always pay the correct amount in tax.
We can handle your claim for R&D tax relief from start to finish, whilst making sure it’s as smooth, hassle-free and cost-effective as possible. Rest assured that our team of R&D tax advisors are here to help make sure your claim is accurate and effective.
Smith & Brown can handle your personal tax return no matter what state your bookkeeping is in! We’ll provide a flexible service to you that lets you give us the information we need in any way you like and takes away the hassle of sorting your finances completely.
If you have any comments or questions about your small business’ accounts or finances, Smith & Brown are here to help. Whether you simply want some advice, or to arrange a meeting with us face to face, get in touch. We look forward to hearing from you!