Account Management

 

Here at Manor Lawson Accountants, we can add real value to your business by working out how you can keep more of your money, increase your profits and achieve your goals.

We do this by spending time with you so we can get to know you and your business.

Time spent with us understanding your business is valuable because then we can:

  • help your business grow through a full understanding of ‘the numbers’
  • help you work out if you’re charging your customers the right amount
  • help clarify the personal, professional & financial objectives for your business
  • introduce you to people that can help your business
  • work out how to keep the tax you pay to a minimum in the short & long term

If you’re ambitious for your business we can really help.

Turning a business from one where the owner controls everything, to a commercial business where the employed management and the business systems enable it to run without the owner, is really hard.  We have particular expertise to enable you to navigate this difficult course.

To make this change, you’ll find it invaluable to gain a proper understanding of how your accounts work, what tax you have to pay and how the system works.

Cash flow is a recurrent problem for businesses, with so many demands on your cash:

  • loan repayments
  • investment for the future
  • slow paying customers
  • tax
  • suppliers

And that’s before taking money out of the business to live on and to have a good time.

You may well ask, ‘I’m making all this profit, why don’t I have any money?

We can help you answer this question by showing you how the cash flows through your business then work with you to improve the way that happens.

If you need something doing, you’ll want a speedy response – and that’s what you’ll get from Manor Lawson – we will always provide a swift response to your emails and phone calls.

Let us make sure all the compliance work for your business – that’s the VAT, PAYE, annual accounts etc – is done on time, every time so you can spend your energy and resources developing your business.

We have fixed fee agreements so that you always know what you’re going to pay in advance, all normal communications are included. Just look around our website for an overview of the services which we can offer, email us at graham@manorlawson.co.uk or ring us on 07969824712 to find out more about how we can help you.

CIS Tax Returns

If your eligible get your refund in your bank quickly and efficiently. Claim the maximum expenses available.

WHAT CAN MANOR LAWSON ACCOUNTANTS, OFFER YOU?

  • We offer you a personal service
  • Contractors who move to us say that’s so refreshing
  • They’re used to being treated as one of a group
  • To us that’s battery farm accounting
  • You are unique
  • So is your business
  • That means you need a bespoke service
  • We will provide you with ‘free-range’ accounting services

WHAT DOES THAT MEAN IN PRACTICE?

We want to meet you – and if Saturday suits you best, then that’s when we’ll meet – If you like your weekends off then we will see you in the evening. If you haven’t started contracting yet, we can talk you through the options and help you work out what will work best for you.

If you’re already contracting then we can give you and your business a ‘health-check:

  • are you fully IR 35 compliant?
  • are you claiming all the expenses you’re entitled to?
  • is your record-keeping efficient?
  • should you be VAT registered?
  • what are your goals?
  • is contracting right for you?
  • have you got plans in place for what happens if you lose your income?
  • have you got plans in place for if you die?
  • have you got plans in place for retirement?

As a client of Manor Lawson Accountants,  you’ll notice the difference.


Give us a ring on 07969824712 to find out how you can get the service you deserve.

Payroll Services

Staff always want to be paid exactly the right amount of money, and on time. But payroll is surprisingly complex and the rules change quickly. The last few years have seen the process transformed through innovations such as RTI and auto enrolment, and it is difficult for a business owner to keep on top of the latest legislation. When you consider all the tax changes, sick pay, maternity pay and other unexpected issues that may crop up on a weekly or monthly basis, it makes sense to let experts handle it for you.

This is where we come in. Our payroll services are fast, efficient and cost-effective. We have a wealth of experience in running payroll for all circumstances, from paying a single employee once a month to paying over a hundred staff on a weekly basis.

We can provide the following payroll services:

  • Weekly, Fortnightly or Monthly payslips to all staff by email attachment.
  • A full auto enrolment service, including pension upload to your provider.
  • Full Payment Submission (FPS) to HMRC.
  • Calculation of your monthly or quarterly PAYE/NIC liability to HMRC.
  • Monitoring of staff holidays and sickness.
  • Accurate deduction or payment of sickness and maternity benefits in line with Government legislation and company contracts.
  • Student loan payments.
  • Completion of payroll year-end routines and reporting.
  • Summary reports for bookkeeping.

We can help register your payroll scheme and operate a payroll bureau on your behalf, filing all necessary RTI and other HMRC documents on your behalf. Payroll made easy with minimum fuss, payslips, CIS certificates can be posted or emailed immediately to suit you’re requirements.

Self Assessment Tax Returns

The most common reasons that a tax return may be required are as follows:

  • You are self employed or a partner in a partnership
  • You are a company director
  • You have large amounts of savings or investment income
  • You have untaxed savings or investment income
  • You own land or property that is being let
  • Your household receives Child Benefit and you have income in excess of £50,000
  • You have income from overseas
  • You have sold or given an asset away (such as a holiday home or some shares)
  • You’ve lived or worked abroad or aren’t domiciled in the UK
  • The staff at HM Revenue & Customs are not tasked to advise you on how to organise your affairs and minimise your tax. Therefore, if you want to make sure you are paying the right amount of tax, you should consult a professional.

Bookkeeping

Does the thought of dealing with your bookkeeping and preparing VAT Returns fill you with dread? Manor Lawson Accountants can help – we provide quality and professional bookkeeping services for all types and sizes of businesses, leaving you to concentrate on making your business a success.

Let us free you from the burden of bookkeeping

We’ll make your bookkeeping a breeze

Frankly, bookkeeping can be time consuming at the best of times, and downright tedious at the worst. Wouldn’t it be great to find a trusted and reliable expert who can really help?

If you’ve been struggling to find enough time, or in fact the inclination, to keep your records straight, we can share the load.


Free your time with our bookkeeping service

Our full bookkeeping service gives you the time to concentrate on running your business, safe in the knowledge that everything is covered.

You can delegate the enormous burden of keeping your records straight to us. We’ll help keep track of your business, your sales and profits and your cash flow situation. And make producing your year end accounts a doddle.

What’s included?

  • Hassle free bookkeeping
  • Monthly updates on the performance of your business.

What’s in it for you?

  • By becoming one of our clients you’ll benefit from Fixed Fee Accounting. Absolutely no surprises, strings, catches or extra charges. Just the price we said it would be.
  • Relief! We’ll handle all the paperwork and leave you to focus on your business
  • Accurate and dependable. No more messy records, just accurate, organised and usable information to help your business
  • Trusted client support. You can rely on friendly, expert one on one client care to keep you on top of your accounts admin.
  • A Friendly Ear. We’re always available to chat through any questions you may have concerning your accounting records and bookkeeping.

Fancy a chat?

For a free initial consultation and a no obligation quote call Graham on 07969824712 and discover why Manor Lawson is more than just the numbers.

Corporation Tax

Our hassle-free tax advice service

Our tax and tax planning service is perfect whether you’re a sole trader, sub contractor or an employer running your own business.

We can help you understand what you need to pay and when, manage the whole process for you, plus give advice on reducing your tax liabilities using the most tax efficient methods.


What’s included:

  • Preparation and submission of Tax Returns to HMRC
  • Tax planning advice and guidance

What’s in it for you?:

  • By becoming one of our clients you’ll benefit from Fixed Fee Accounting. Absolutely no surprises, strings, catches or extra charges. Just the price we said it would be.
  • Relief! We’ll handle all the paperwork and leave you to focus on running your business.
  • No More Fines! We’ll make sure your returns are filed on time to avoid unnecessary fines and penalties.
  • Tax advice: At Manor Lawson Accountants we will give you guidance on reducing tax liabilities the most tax effective way.
  • A Friendly Ear: we’re always available to chat through any questions you may have concerning tax or tax planning and it’s impact on your business.

Annual Accounts

For sole traders and partnerships, year end accounts will form the basis of the business owners’ self assessment tax return.

For a partnership, the year end accounts will also state the balance on each partner’s current account. For owner-managed limited companies, the limited company accounts will house details of the directors’ salaries and the dividends paid to shareholders, which will need to tally with their self assessment tax return.

The year end accounts provide invaluable information about your business. You can see if the margin on your sales prices is set appropriately and how the latest performance compares to last year. Movements in sales and expenses are laid bare, allowing you to make better decisions in the future. Anomalies are highlighted and can then be investigated. Having year end accounts brings you closer to your business and will help drive success.

Banks will also prefer to see a set of accounts for self employed applicants looking to raise finance or apply for a mortgage.

Deciding on a Year End

Limited companies, partnerships and sole traders are free to pick whatever year end they like.

Many business owners will pick a calendar year or the tax year (either 31st March or 5th April). Picking the tax year will make your tax liability based on the latest finalised accounts and therefore as current as possible. Consequently, some business owners prefer to have a tax year end, because they have a better feel for what their tax liability might be.  Opting for the 31st March or 5th April will also avoid any complicated overlap relief calculations for sole traders or partners.

Alternatively, you might choose a year end that suits your business – a quiet time of the year when you can have the time get everything together:  count up stock and summarise your unbilled work, etc.

If you have other business interests, think about making the year ends all the same. This means the deadlines are easier to remember because they will be similar but does also mean they all come at once!

You should look to prepare sole traders accounts and partnership accounts well ahead of the tax return deadline of 31st January. Companies typically have nine months from their year end to complete their accounts, but it’s always best to check on Companies House’s website what the company accounts filing deadline is.

Give yourself as much time to prepare the accounts as possible. Rushing can lead to errors and there may be receipts or bank statements you need to find. It also allows you to consider if you’ve claimed everything you’re entitled to and whether there are any tax planning opportunities available.

Bookkeeping

We can prepare your accounts from whatever bookeeping records you have – whether they be computerised, spreadsheets, a cashbook or a bag of receipts. And we can advise you on how to strengthen your record keeping procedures, which in turn will help you run your business more effectively.

It goes without saying that your accounts will be prepared in accordance with accounting standards and we will check that you are claiming everything your entitled to.

Whether you are a sole trader, partnership or limited company, letting us prepare your year end accounts will relieve you of what can be an extremely stressful and time-consuming exercise.

We are here to help

Our accountants offer competitive pricing with flexible appointment times and are dedicated to offering a professional, friendly service.

If you need assistance with your year end accounts, simply call our friendly team now on 07969824712 or drop us an email at manorlawson@outlook.com.