Our Services

Business Start-up

Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. Most however are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of trained experts. We can help. Just bring us your business ideas and we will help you to make them a reality! We will help you to:

• decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company
• assess the finance requirements, advise on the best sources of finance establish a good working relationship with your bank
• establish a good working relationship with your bank
• complete any registration procedures with Companies House and HMRC
• deal with company secretarial issues
• set up a recording system for your internal use and for complying with statutory requirements
• help with the installation and set up of accountancy software
• keep on top of bookkeeping, VAT, payroll and other accounting requirements
• help with all aspects of business compliance and administration

Payroll & CIS

Payroll is a complicated and time consuming task that has to be completed on time, and you as the employer are responsible for the mistakes. Let us take this strain away from you.

We run payroll on time and can provide a tailor made service for your business, including:

• Employee payslips
• Monthly summaries
• Departmental reports
• Dealing with leavers and starters
• Real Time Information (RTI) PAYE returns for the Revenue
• Pensions auto-enrolment
• CIS returns
• P11Ds
• End of year P60s

Calculating statutory sick pay or maternity pay and dealing with student loan deductions will no longer be a concern each month.

Making Tax Digital (MTD)

With the introduction of Making Tax digital (MTD) for VAT more and more businesses are having to move their bookkeeping onto compatible software to remain compliant. Whilst this may be seen as a burden, we believe that with the right support and setup the move to digital bookkeeping can also bring benefits.

We work alongside Xero and Sage to provide you with a licence for the necessary software which we can tailor to suit your business. We also offer training for both Xero, Sage Business Cloud Accounting and can devise a monthly bookkeeping regime for you to follow, to remain not only compliant with the legislation but also save time with automation.

Taxation

At Coniston, we understand that whether you are running a large business, or you are a private individual, having the peace of mind that your taxation affairs are being looked after in a timely and efficient manner is always near the top of your priority list.

Corporate tax

Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. We understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. We will also calculate your company's tax liability and assist with planning to help minimise these liabilities.

The increased reporting obligations and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. We will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.

Please contact us today to hear more about our corporate tax advisory services.

Personal tax

We believe that by understanding your personal affairs and longer-term objectives, we can not only provide annual compliance, such as submitting your personal tax returns, but also offer advice and support to help you achieve your longer-term goals.

If you have complex personal affairs, submitting a self-assessment tax return can be a daunting process that is often left until the last minute. We aim to simplify the process as much as possible for you, acting as your agent to deal with HMRC directly on your behalf and ensure that your self-assessment tax return is submitted as early as possible, maximising the time between submission and the payment deadline of 31st January each year.

Please contact us today to hear more about our personal tax services.

VAT

VAT is often a complex area of taxation. We have experience in providing VAT advice to our clients, whether it's assessing the VAT requirements on a specific transaction or understanding your reporting requirements.

Our VAT service is designed to go beyond simply assisting with your VAT return submissions. We focus on being ready to provide you with reliable and easy-to-understand VAT advice, including handling any enquiries raised by HMRC.

We also offer advice and support surrounding VAT registration and de-registration.

Please contact us today if you have any concerns over your VAT status or require more specific VAT advice.

Accounts

At Coniston, we provide comprehensive accounting services tailored to your needs. From self-employed individuals to Limited Companies, we ensure accurate and timely completion of all forms of accounts. We take the time to explain your accounts to you in a clear and understandable manner. This allows you to gain a deeper financial understanding of your business and make more informed decisions for a prosperous future. With a variety of accounting software packages now on the market, we remain up to date with the latest updates and possess the technical expertise required to work seamlessly with the software package you use. However, our services go beyond merely reporting the past. We offer so much more:

• We identify areas where we can assist you in minimising your tax liability.
• We pinpoint areas within your business that present the greatest potential for improvement.
• We use the accounts to help you measure your progress in meeting your goals and decide what actions you need to take.

Please contact us today to hear more about our accounts services.