Edinburgh specialist chartered accountants and corporate business tax audit advisers

Business & Taxation Services

  • Annual accounts

    We prepare financial accounts for limited companies, partnerships, sole traders, charities, friendly societies and clubs.

    We advise on company secretarial matters, incorporation and choice of year-end date.

  • Management accounts

    We tailor and flex management formats and reports to the unique perspectives of the client's business, including graphs and analytical review commentary, to keep all parties in tune with its health and future prospects, including profitability and cash flow.

    In the light of the critical value to decision-makers of up-to-date information, monthly management accounts can become a necessity.

    Third quarter management accounts enable scrutiny and interrogation of the results for commercial and tax planning purposes while there is time to take decisive action before the end of the trading year.

    We regularly attend client meetings where these management accounts are discussed.

  • Audit and disclosure

    We take care of all disclosure requirements in an ever-changing regulatory and legislative environment, including International Accounting Standards.

  • Tax planning and problem-solving

    We explore and advise on the timing and structuring of transactions, looking at the impact of all relevant taxes, but never letting the 'tax tail' wag the 'common sense dog.'

    We advise on incorporation, shareholdings, optimal salary/dividend mix, splitting of profits within the family, and on all commercial and tax options and opportunities for the entrepreneur.

    We advise on capital gains tax, inheritance tax, VAT recovery, tax relief on pension contributions, employment taxes and national insurance, and will offer an opinion on any area of UK tax legislation and practice.

    We advise on the relative merits of company car v. use of own car.

  • Tax compliance

    • Self Assessment tax returns for individuals, partnerships and trusts
    • Corporation tax computations and returns
    • Income tax and national insurance calculations
    • Capital gains tax computations
    • VAT returns
    • Payroll administration
  • Dealing with Inland Revenue enquiries

    We have considerable experience and expertise in minimising the disruption and anxiety caused by an investigation and negotiating a successful and early closure.

  • Bookkeeping, VAT returns and contract costings

    We offer a comprehensive bookkeeping service for clients with manual books and records as well as for those operating integrated computerised systems.

    We monitor thresholds for VAT, and recommend schemes such as flat rate or cash accounting where appropriate. An administrative burden is removed by aligning the VAT quarter to the trading year-end.

  • Payroll bureau

    We administer the payroll for a substantial number of our clients, taking responsibility for the process from the receipt of basic hours to the issue of pay-slips and the completion of annual returns.

    It is common for businesses to underestimate the scope and complexity of an employer's PAYE obligation, especially with growing influence of EU regulations.

  • Projections and business plans

    We can advise and assist in the preparation of financial projections and full-scale business plans, using dynamic modern software recognised by the major banks.

  • Business start-ups and Phase Two development (including SAGE training and implementation)

    We have a wealth of experience of the challenges associated with starting a business and progressing it to Phase Two development, from funding to marketing.

    We regularly work together with clients on all aspects of enhancing their IT capability, from coding structures to automated cheque-runs.