WELCOME To COOPER RYLATT
MY SERVICES
Accounts
Year-end accounts must be filed with Companies House for all limited companies. I will produce abbreviated micro-entity accounts for this purpose (if the business qualifies) to ensure the minimum amount of information is publicly available on your company.
For my larger limited company clients who do not meet the criteria for producing micro entity accounts I prepare accounts under the Financial Reporting Standard102.
If you are a sole trader or trading as a partnership, accounts will also be needed to prepare your tax return. They are also useful in support of a mortgage application or when raising business finance.
Payroll
Running a payroll can be time consuming and complicated and divert resources from the core activities of your business. With the implementation of Real Time Information, HMRC require information generally on or before the date of payment to the employee. I can help by installing payroll software and training your staff. Outsourcing this activity also helps relieve the pressure and I can offer cost-effective solutions. I am able to provide the complete service, whatever the size or complexity of your business, or simply provide support when needed.
Book-keeping
I can show you how to simplify your record keeping using mobile apps and provide training on cloud-based accountancy software to automate as much of the book-keeping as possible.
I am a Xero accredited provider and have worked with many clients to migrate their data to this software. I am also very experienced in using other software such as Quickbooks, Sage and Freeagent.
However, I appreciate not everyone likes technology, and if you prefer to keep paper records, you can drop these off at my office in Pride Park and I will take care of everything to ensure you are fully compliant with making tax digital!
Taxation
As tax adviser, my objective is to work closely with you to ensure you pay the minimum tax required by law. I will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.
Corporation tax services
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. I understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. I will also calculate your company’s tax liability and assist with the calculation of any quarterly instalment payments due.
The increased reporting obligations, investigation policies on the part of the tax authorities 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.
Personal tax services (including sole-traders and partnerships)
Self Assessment
I have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. I can provide you with practical advice on personal tax and the planning opportunities available to you. Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. I can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
Personal tax planning
Everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. I can provide you with year-round advice on all aspects of personal taxation, and look at various ‘what-if’ scenario planning.
