Alexander Ene can provide the following services, as you require:
Accounting and Accounts Preparation
There is no business that can operate efficiently without proper accounting. It will keep on top of every financial operation of the business, within the business as well as financial transactions conducted outside the business. For any small business it will always be best to use certified and skilled accounting firm when it comes to its accountancy function as it will be a lot more economical as compared to employing a full time accountant.
Personal Tax, Tax Returns and Self assessment
Using a professional accounting firm like Alexander Ene for your personal tax work will mean that you will get your tax return prepared by a skilled firm of accountants. Besides receiving top class services, you will also have time to concentrate on more important matters of your business, and in doing so generate more profits.
Companies pay Corporation tax on their profits. They also have to file Corporation Tax Return with HMRC on an annual basis. Corporation tax is a complex subject and there are penalties for getting it wrong. This is why it is advisable to employ the services of tax professionals to look after your corporation tax affairs and we do it very well.
If you run a business, expect to face a routine tax investigation once in a while. A more serious tax investigation is likely where HM Revenue & Customs think that your accounts and tax returns are inaccurate.
Tax investigations can be complicated and stressful. Consequently, unless you are confident in your position, you should seek proper professional advice the moment you receive a letter from HMRC to notify you of a tax investigation or inspection.
All too often, the importance of bookkeeping in business is overlooked. However bookkeeping is probable one of the most essential housekeeping functions in any business. Get it right and you have the foundations for a good reporting system in your business. Bad bookkeeping system in any business indicates that the business is not organised and will find it difficult to prepare any of the essential reports and returns that are vital in running a business efficiently.
Almost every good idea needs a little bit of funding to get going. But what’s the best way to create a proposal that’s appealing to potential funders? When you’re trying to implement an idea or grow your work, you should be clear about three things. The problem you want to address. The vision of how you will address it.
And why you are the best person to do it. A business plan is a structured way to capture this information. It should cover everything a funding partner might be interested in. An introduction to your management team, a marketing plan, and an operation and financial plan. This way they can be confident about where their money will go.
Cash flow Projections
A cashflow forecast is essentially a cashbook that forecasts a business’s earnings and expenses for a specified time period in the foreseeable future, for instance 7 days, thirty day period, quarterly or annually.
It is normally prepared as a spread sheet, although a lot of companies, sole traders and smallish businesses employ accounting software and use the help of their accountant to make sure of better accuracy and reliability.
Any cashflow forecast will only be as useful as the detail and information used in it.
Inheritance tax planning is a crucial aspect of personal wealth management. At Alexander Ene, our expert team can provide advice on potential inheritance tax liabilities and effective strategies to minimise the impact. We offer a comprehensive range of services including the assessment of your estate’s potential tax liabilities, guidance on wills and trusts, and advice on lifetime gifts, all designed to preserve your wealth for future generations. Our team will ensure you have a clear understanding of your inheritance tax position and the steps you can take to minimise Inheritance tax on your estate.
Business Tax for Sole Traders and Partnerships
At Alexander Ene, we provide personalised business tax services for both sole traders and partnerships. Our team of experienced accountants can assist you with all aspects of business taxation including income tax calculations, expenses eligibility, self-assessment tax returns, loss relief, and the changing tax implications of business growth. By taking the time to understand your unique situation and goals, we can help ensure that your business remains tax compliant while also maximising its financial efficiency.
Capital Gains Tax
Capital gains tax can often be a complex area for individuals and businesses. At Alexander Ene, our team offers expert guidance to help you navigate this complex terrain. We can assist in the calculation and reporting of capital gains, understanding of reliefs and exemptions available, and strategic tax planning to minimise capital gains tax liabilities. Whether it’s about selling business assets, real estate, or shares, our mission is to help you understand and manage your capital gains tax obligations effectively.
Managing payroll can be a challenging task, especially for growing businesses. Alexander Ene’s comprehensive payroll service is designed to alleviate the burden and ensure accurate, timely management of your payroll obligations. Our services include payroll setup, processing, HMRC compliance, end-of-year returns, and P11D preparation. With our support, you can free up time to focus on what you do best – running your business.
Value Added Tax (VAT) compliance can be a complex and time-consuming task. At Alexander Ene, we offer a range of VAT services to help businesses navigate the intricacies of VAT regulations. Our services include VAT registration, preparation and submission of VAT returns, advice on VAT planning and administration, and guidance on VAT control and reconciliation. With our expert team on your side, you can be assured of your business’s VAT compliance.
Raising finance for a business can be a challenging process. At Alexander Ene, we can provide practical, strategic advice to help your business secure the necessary funding. We can assist with business planning and forecasting, identifying suitable sources of finance, preparing funding applications, and negotiating with lenders or investors. We aim to help your business reach its potential by providing expert financial guidance at every stage of your journey.
Company Formations and Company Secretarial
Starting a new company requires careful planning and compliance with various legal requirements. Alexander Ene’s company formation and secretarial services can guide you through every step of this process. We can assist with company incorporation, registration with Companies House, setting up shares, and drafting articles of association. Moreover, our company secretarial services can handle statutory books maintenance, company filings, and provide ongoing support to ensure legal compliance.
Accounting Software Installation and Setup
At Alexander Ene, we understand the power of technology in making business operations more efficient. Our team can provide guidance on choosing the right accounting software for your business needs and handle the full installation and setup process. We also offer training and ongoing support to ensure you and your staff can utilise the software to its full potential, promoting accurate financial management and reporting for your business.