Accountancy and Bookkeeping Services
Accountancy and Bookkeeping Services
We’ll be just like part of your in-house team, providing professional, personal, and effective solutions to all your accounting and taxation needs.
You can make better decisions for your business when you have accurate data. We can help you set up and use key performance indicators (KPIs) so you can keep track of the important things without being weighed down by too much detail.
You can use data that’s already available, reorganised into useful reports so you can see how your business is performing on a monthly, quarterly or yearly basis.
You can see your cashflow, profit and loss reports, and aged debts so you will completely understand the health of your business. You can set targets and clearly see how much progress you have made.
If there are any issues you will spot them quickly and with our help you can take action to put things right. If you’re not sure what your reports are telling you we’ll be happy to look at them with you.
Keeping track of how much money you have received and spent each month can be time-consuming. We can help you set up systems and processes that will simplify your cashflow management using powerful tools to streamline and simplify things. You can monitor and predict income and expenditure and automatically pay regular bills and follow up late payments, for example. We’ll also help you find opportunities to reduce your costs and to minimise your credit requirements.
Whether you’re just starting out or planning to take your company’s financial performance to the next level you can rely on our Cheshire-based accountancy practise team as your business partner.
You are responsible for making accurate submissions to HMRC for your VAT (if you have reached the threshold), company and personal tax. You must make sure you pay the right amount of tax at the right time or you could face fines or even an inspection.
If you’re approaching the VAT threshold (currently £85,000) we can help you prepare, we can set you up on our online account with HMRC and make sure your quarterly VAT returns are submitted on time.
If you have heard of Making Tax Digital or MTD but aren’t sure how it affects your business we’ll be happy to help.
It will probably cause you unnecessary stress and worry if you wait until January each year to confirm how much personal tax you must pay or until your company return is complete to know how much corporation tax is due.
We can help you to keep up to date with how much you should put aside for tax and we can advise you about industry-specific tax schemes that could reduce your tax payments and benefit your business.
When you make sure you have claimed all your allowable expenses you can reduce your tax liability which could mean you have more to invest in growing your business.
At Platinum Accountancy Services we understand every business is unique. We provide you with the financial support and information you want in a way that suits you.
Keeping up to date with your responsibilities as an employer is a significant administrative task. Even when you pay people the same each month all the details must be accurately processed. We can look after all your full-time, part-time or temporary contracts and make sure everything meets HMRC requirements.
Day-to-day bookkeeping can be time-consuming and you can waste a lot of time looking for lost receipts and checking ‘mystery’ expenses. We use modern apps and cloud accounting software to keep everything under control and you can see your financial information from anywhere at any time.
Your information will be accurate because we will reconcile your bank accounts, credit card statements and other financial records and if anything is unclear or missing we can check with you straight away. No more late nights and weekends sorting through a carrier bag full of receipts!