Established Businesses
Once you’re up and running, it’s still important to make sure you’re complying with the law. So, we provide a full range of compliance services – bookkeeping, completing VAT returns, and preparing accounts and tax returns. You may also want to see regular management accounts, in order to keep on top of the performance of the business on a monthly or quarterly basis.
But there are other challenges too. Tax and accounting rules are continually changing, and we’ll keep you on top of the latest developments – and bring your attention to any opportunities there might be to save some tax. Our aim is to be as proactive as possible. Unlike many accountants, who disappear for 11 months of the year, only reappearing just in time to complete a set of accounts before the statutory deadline and hand you their bill, we hope to see you and speak to you regularly throughout the year.
If you’d like to know more about how we can help your business, we’d be delighted to hear from you. We’re always happy to have an initial meeting free of charge – just email Greg Lovett or Jane Park, or call us on 01844 268384. Remember, we always agree fixed fees with our clients in advance of any work being done, and you will never get an unexpected bill from us.
Case Study Two: Ranieri Communications
Background
Ranieri Communications is a PR and marketing agency based in Aylesbury. Specialising in the IT and consumer sectors, they help their clients to get media coverage for their products. If you see a gadget featured in a magazine, then Pietro Ranieri and his team may well be responsible for getting it there.
Challenges
The company had some routine requirements but some more complex ones as well. They required the usual year-end completion of accounts and tax returns, and their main asset is their staff, so running an accurate and timely payroll scheme was important as well. However, as a profitable and expanding limited company, with a growing tax bill as a result, they also needed advice on how to plan their activities so as to minimise their tax liabilities.
On top of that, they were engaged in a number of new projects and joint ventures, all of which were evolving over time and so needed regular monitoring and input from a financial and taxation perspective.
Actions
As we do with all of our clients, we agreed a fixed fee with Ranieri Communications. That meant that Pietro and his team were able to phone, email or meet up with us to discuss potential new ventures without worrying that an unexpected bill was on its way.
Results
We were able to identify a number of opportunities to reduce the company’s tax liabilities. We prepare the company’s year-end accounts to a tight deadline, right after the year-end, so that the company is able to budget for their tax bill from an early stage. Ranieri Communications and Fizz are in regular contact throughout the year, working together to make sure that both the core business and the joint ventures are on track.